Holding company HCI Group announced it is postponing the previously announced initial public offering of its subsidiary, TypTap Insurance Group, Inc. Paresh Patel, HCI chairman and CEO, said current market pricing “does not accurately reflect TypTap’s value” and this the …
Hallmark Financial Services, Inc. announced last Thursday that it will no longer actively pursue a previously announced separation of its specialty commercial business segment and will not proceed with an initial public offering of the specialty segment. It was in …
Classic car insurance specialist Hagerty is planning to go public in a deal with special purpose acquisition company Aldel Financial Inc. Upon the closing of the transaction, Aldel will be renamed Hagerty, Inc., and become publicly traded, with its common …
The Chicago-based specialty wholesale brokerage Ryan Specialty Group has filed with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The number of shares to be offered and the price range for the proposed offering have …
A North Texas-based insurance agency that operates nationally via a franchise model will begin trading on the Nasdaq exchange when its expected initial public offering (IPO) goes through on April 27. Goosehead Insurance, headquartered in Westlake, Texas, will trade under …
Japan’s government received orders for all the shares it’s offering in Japan Post Holdings Co. and its banking and insurance units after the first two days of bookbuilding, people with knowledge of the matter said. Investor orders through Oct. 9 …
China Reinsurance (Group) Corp., the nation’s biggest reinsurer, will sell about half of its as much as $2 billion Hong Kong initial public offering to cornerstone investors. U.S.-based Prudential Financial Inc., China Life Insurance Co. and Macau casino executive Pansy …
State-owned Japan Post on Wednesday set indicative price ranges for a trio of initial public offerings in what it hopes to make a ‘must-have’, $12 billion privatization, Japan’s biggest in three decades. In IPOs set for Nov. 4 squarely targeted …
IRB Brasil RE, the country’s biggest reinsurer, postponed its initial public offering amid market turmoil, Reuters reported, citing unidentified people with knowledge of the matter. Investment banks managing the sale found it unfeasible to proceed, Reuters said. The government expected …
Brazilian insurer Caixa Seguridade Participações SA and reinsurer IRB Brasil RE SA on Tuesday filed plans for initial public offerings that their shareholders expect to raise a combined 13 billion reais ($3.6 billion) should an across-the-board market rout ease in …
