Trisura: A Quarter That Impressed the Market More Than Me

A thriller of small insurer's growth that has generated 500% return for me

Trisura Group (TSU in Toronto, TRRSF in the US) has just delivered its Q4 results. I was apprehensive after I listened to CEO David Clare’s presentation about a month ago. Although he did not say much about Q4 back then, some of his remarks made me cautious and, perhaps, also contributed to the recent stock slide.

The quarterly results were a mixed bag. The stock went up (8% when I am writing it) as the market might have expected worse. At ~CAD 33 yesterday, the stock was quite inexpensive for its growth rate.