IPOs

Sources said that the company is not using the listing to flush out potential trade or PE bidders.

Inside P&C’s news team canters through the week’s key developments.

The company disclosed its IPO intentions early Tuesday saying the number of shares to be offered and the price range for the proposed offering have not yet been determined.

Conditions for SPAC D&O are likely to remain turbulent, amid the heightened SEC scrutiny and uncertainty concerning claims resolution.

The Bill Johnson-led broker has grown 12-fold in three years and will stake its claim to BRP’s mantle.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The executive – whose new venture wrote $230mn last year – is skeptical about the long-term future of MGAs in the D&O and casualty spaces.

Inside P&C’s news team runs you through the key developments from the week.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Interested firms (and their PE backers) are eyeing multiple arbitrage, with Ryan Specialty and BRP trading at 24x versus private multiples of 15x-18x.

Two more vehicle tech companies face SPAC-related securities suits.

The division reported in a regulatory filing total 2021 premiums of $5.6bn and $3bn in policy fees.