Canadian Underwriter

A.M. Best affirms credit ratings of Trisura Guarantee

April 12, 2018   by Staff

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chart graph ratingA.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Trisura Guarantee.

In a press release, A.M. Best said the ratings reflect Trisura’s balance sheet strength, which the agency categorizes as very strong, as well as its adequate business performance, neutral business profile and appropriate enterprise risk management.

The ratings consider benefits received from Trisura’s parent company, Trisura Group Ltd., which was formed last year after spinning off from Brookfield Asset Management.

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This story was originally published by Canadian Insurance Top Broker.