TRRSF - Trisura Group acquires Sovereign Insurance's surety business in Canada
- Trisura Group ( OTCPK:TRRSF ) announced Friday it has acquired Sovereign General Insurance's surety business in Canada.
- The Canada based insurer, Trisura, told this deal provides it with access to a portfolio of contract, commercial and developer surety accounts, which in 2021 produced an annual premium of over C$16M.
- "Sovereign Insurance’s decision to divest of our Surety business is part of a longer-term strategy to focus on our core business," said Colette Taylor, COO of Sovereign Insurance.
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Trisura Group acquires Sovereign Insurance's surety business in Canada