IPOs
-
In October, this publication revealed that the carrier had resumed IPO preparations.
-
Some will play “pretend and extend”, but others will sell to strategics or take the steep climb to an IPO.
-
The business put up strong H1 numbers, and has named Christian Dunleavy group president.
-
The move comes amid improving conditions in the IPO market for insurance companies.
-
The specialty insurer founded via a recapitalization of StarStone US is likely to go public in Q4.
-
A Q3 listing remains a possibility, but the timeline can change rapidly amid storm season.
-
The Texas-based broker will use proceeds to pay debt, consider acquisitions.
-
The Texas-based broker is aiming to raise gross proceeds of $187mn.
-
-
Underwriters will have the option to purchase an additional 1.6 million shares.
-
Insurance Insider US revealed last October that the broker was planning a 2024 IPO process.
-
Analysis of company performance post-IPO shows varying trajectories over time