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.”
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Trump to Issue Order Creating National AI Rule 
Viewpoint: Healthcare Cyber Insurance at an Inflection Point 
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
