Specialty and warranty insurer Fortegra would have floated at around 10%-15% below its target range of $15 to $18 per share, as other slated IPOs – including Accelerant – have been pushed back, Insurance Insider US understands.
Sources
Fortegra IPO covered at 10%-15% below range; Accelerant IPO delayed
Woodlands Financial Services listing is likely in Q2, but overall environment is subdued.