Trisura grows Q3 US fronting GPW 79%, operational ratio jumps 10.4 pts

Trisura’s US hybrid fronting carrier platform grew gross premiums written (GPW) 78.7 percent in the third quarter to C$465.6mn ($345.3mn) while US fee income grew 72.6 percent to C$18.2mn, but the division’s fronting operational ratio worsened by 10.4 points to 83.4 percent.