Bellevue, Wash.-based Symetra Financial Corp. said it filed for an initial public offering of common shares.
The shares will be offered by existing stockholders.
The IPO expects to raise up to $750 million, according to a filing with the Securities and Exchange Commission.
Symetra is owned by an investor group led by White Mountains Insurance Group Ltd. and Berkshire Hathaway Inc. The company provides insurance, retirement and other services.
Merrill Lynch & Co., Goldman, Sachs & Co., JPMorgan and Lehman Brothers are underwriters for the IPO.
The shares are expected to list on the New York Stock Exchange under the ticker symbol “SYA.”
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