IPOs

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

Skyward shares shot up over 27% this morning to $19.15 per share, a development which will likely be closely watched by some carriers with IPO aspirations.

Need to Know

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

A total of 9.775 million shares will be offered, priced between $14 and $16.

2022 marked a reversal from last year’s unprecedented levels of global investment in InsurTech as the macroeconomic scenario flipped and investors put lossmaking companies under a magnifying glass.

Consistent underwriting performance, the completion of the exit from life, acquisitions, organic growth and succession planning will all be focuses.

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

Skyward Specialty has indicated its intent to IPO at a time when investors may be looking for good entry points, though the window of opportunity may be closing.

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

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

The specialty insurer said the number of shares to be offered and the price range for the proposed offering have not yet been determined.