Climate Change Data

Trisura Group Ltd.

Climate Impact & Sustainability Data (2022-01-01 to 2022-03-31, 2024-06-30)

Reporting Period: 2022-01-01 to 2022-03-31

Environmental Metrics

ESG Focus Areas

  • Responsible Investing
  • Board Diversity
  • Sustainability-linked loan structure

Social Achievements

  • Appointed Janice Madon to the Company’s Board of Directors

Governance Achievements

  • Entered into an Amended and Restated Credit Agreement which includes a sustainability-linked loan structure
  • Implemented a Responsible Investing Policy, which mandates the inclusion of ESG factors into the Company’s investment decisions
  • Enhanced ESG disclosure within our Management Information Circular and Management’s Discussion and Analysis

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2024-06-30

Environmental Metrics

ESG Focus Areas

  • Climate change
  • Social responsibility
  • Governance

Environmental Achievements

  • Enhanced catastrophe modelling, adjustments to pricing practices related to severe weather, refining selection of property-exposed business and structuring appropriate reinsurance coverage to adapt to climate change impacts.

Social Achievements

  • Engaged a service provider to assist with the development of an equity framework.
  • Implemented manual and electronic controls to protect client privacy, including restricted access, user authentication, encryption, and detection software.
  • Developed a Cyber Security Incident Response Policy.

Governance Achievements

  • Board has ultimate oversight of ESG strategy, including climate-related risks and opportunities.
  • Governance Committee implements board diversity policy and monitors progress.
  • Board exceeded gender diversity target of at least 30% women directors.

Climate Goals & Targets

Environmental Challenges

  • Climate-related risks impacting property-exposed business retained by the company.
  • Balancing market conditions in certain segments of the Corporate Insurance line.
Mitigation Strategies
  • Enhanced catastrophe modelling, adjustments to pricing practices related to severe weather, refining selection of property-exposed business and structuring appropriate reinsurance coverage.
  • Continued development of distribution network and partnerships to support growth.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Severe weather