initial public offering (IPO) News

Insurtech Accelerant Weighs IPO or Private Share Sale, CEO Says

Accelerant is planning to raise fresh capital next year in a deal that could result in the specialty insurance provider making its debut on the stock market, its CEO and co-founder told Reuters on Monday. The Cayman Islands-based group, which …

Fidelis Insurance Valued at $1.5 Billion in Lukewarm Market Debut

Fidelis Insurance Holdings notched a valuation of $1.5 billion on Thursday after shares of the reinsurer fell 6.4% on debut. The company joins a list of firms that have gone public this year as the IPO market gains momentum following …

Insurance Broker Acrisure Interviews Banks for 2024 IPO

Acrisure LLC, a large, closely-held insurance broker, is interviewing banks to go public next year, people with knowledge of the matter said, in a sign that equity markets may be opening up to new listings from strong companies. Grand Rapids, …

Insurance Group Hamilton Mulls Potential IPO, Sale

Hamilton Insurance Group is considering strategic options amid growing momentum for deals involving insurance and reinsurance companies, people familiar with the matter told Reuters. The Bermuda-based group has been discussing options with potential advisers, including an initial public offering (IPO) …

Hong Kong’s FWD Weighs Pre-IPO Round as Listings Slow: Sources

FWD Group Holdings Ltd. is weighing a private funding round as the Asian insurer’s long-planned initial public offering is set to be delayed again amid weak market conditions, according to people familiar with the matter. Hong Kong billionaire Richard Li’s …

Hong Kong’s FWD to File Again for IPO Application: Sources

FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, is planning to file for a third time for an initial public offering in the financial hub, according to people familiar with the matter. The …

Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO

Bermuda-based Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a proposed initial public offering of its common shares. The number of common shares to be offered and …

Financial Services Provider F88 Raises $47M Ahead of Planned Vietnam IPO

F88 Investment JSC, a financial services firm, has raised at least $47 million from Vietnam-Oman Investment Fund, or VOI, and Mekong Capital Fund IV, to fuel expansions of its distribution network and digital business ahead of a planned initial public …

India’s Digit Insurance to Refile Papers for $440M IPO After Regulator Raises Concerns

Digit Insurance will refile papers for its $440 million initial public offering (IPO), the company told Reuters on Tuesday, after India’s market regulator raised certain compliance issues with employee stock plans in a private letter. It is the second such …

Skyward Specialty Finds 2023 Is Right for IPO

Houston, Texas-based Skyward Specialty on Friday became the first U.S. company to launch an initial public offering in the calendar year, a move that CEO Andrew Robinson said will provide greater capital flexibility as it grows its business in the …