IPOs

Monday’s disclosure showed the company had $78.8mn of gross premiums earned in 2020, and $119.4mn earned in the nine months ended 30 September 2021.

Depending on the pace at which others move, the firm could still be the first commercial lines player to trade publicly.

The private equity-backed retail brokers have lessons to teach the sector’s tech start-ups.

RT ProExec report finds increasing legal and regulatory action on SPACs and cybersecurity among top concerns for D&O market.

CEO Peter Zaffino said on Friday that AIG expects to be able to list more of the L&R unit than the 19.9% originally planned, and would fully use its remaining tax credits in 2022.

The move follows a $100mn capital raise in February from private equity house Centerbridge Partners that valued the InsurTech at $850mn.

Qomplx delays its SPAC vote until August 17, as investors revolt against the Hippo and Doma transactions.

The Validus founders also warned on the dangers of inflation and set out their philosophy on how to execute carrier M&A well.

The entrepreneur could receive upwards of $500mn of cash proceeds by selling down some of his stake.

The IPO is imminent now that pricing has been announced in deal that will value the Pat Ryan-led business at up to $5.6bn.

The stellar growth numbers presage a challenging exercise in managing investor expectations going forward amidst easing tailwinds.

The Pat Ryan-run wholesale broker said it grew organically by 20% and had $1bn in revenues in 2020.