Reinsurance News
IPO
Slide Insurance expects to raise up to $340m from IPO
9th June 2025
Slide Insurance Holdings, Inc., the technology-enabled insurer, has launched its initial public offering (IPO) of 20,000,000 shares of its common stock, in a registration statement on Form S-1 with the Securities and Exchange Commission (SEC). Slide currently expects the IPO to be priced between $15 and $17 per share, which would ... Read the full article
Ategrity Specialty could raise up to $106.7m from IPO
4th June 2025
Ategrity Specialty Holdings LLC has launched its initial public offering (IPO) of 6,666,667 shares of common stock pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (the SEC). Prior to the closing of the offering, the company will convert to a Nevada corporation named Ategrity ... Read the full article
Slide files for IPO to support expansion and policy growth
27th May 2025
Slide Insurance has filed with the SEC for an initial public offering and intends to use the net proceeds to underwrite additional policies, fund its business growth, and support general corporate purposes. While the technology-enabled insurance firm has not disclosed the expected price range or number of shares to be offered, ... Read the full article
American Integrity prices IPO at $16 per share, targets $126.5m
8th May 2025
American Integrity Insurance Group has priced its initial public offering (IPO) of 6,875,000 shares of common stock at $16.00 per share. The offering includes 6,250,000 shares being sold by American Integrity and 625,000 shares offered by existing stockholders. As previously disclosed in its April filing, the firm will not receive ... Read the full article
Aspen prices upsized IPO, offering could raise $457m
8th May 2025
Aspen Insurance Holdings has announced the pricing of its upsized initial public offering (IPO) of 13,250,000 Class A ordinary shares (par value $0.001) at $30.00 per share. In April, Aspen initially planned to offer 11,000,000 Class A ordinary shares, all of which were being sold by entities affiliated ... Read the full article
American Integrity could get proceeds of up to $106.25m from IPO
29th April 2025
American Integrity Insurance Group has launched the roadshow for its proposed initial public offering (IPO) of 6,875,000 shares of common stock, with the company intending to use the net proceeds for general corporate purposes, which may include contributing capital to its insurance subsidiary. The IPO price is expected to range between ... Read the full article
Aspen targets up to $341m in US IPO launch
29th April 2025
Aspen Insurance has launched an initial public offering of 11 million Class A ordinary shares ($0.001 par value), all being sold by entities affiliated with Apollo Global Management, its parent company. Aspen has revealed that the selling shareholders have granted the underwriters a 30-day option to purchase up to an additional ... Read the full article
Ategrity Specialty Insurance files for IPO
25th March 2025
Ategrity Specialty Insurance Company has filed an S-1 registration statement for an initial public offering and has applied to list its common stock on the New York Stock Exchange under the symbol ASIC. For those unaware, Ategrity provides excess and surplus insurance to small and medium-sized businesses. The firm reported $344 million ... Read the full article
Fitch anticipates rise in reinsurance M&A activity as market softens
2nd September 2024
Although 2024 has not seen any major reinsurance M&A announcements, Fitch Ratings expects that as the market inevitably softens and organic growth opportunities diminish, companies that have accumulated capital may seek to acquire less successful re/insurers. Fitch analysts noted that M&A activity has slowed in 2024 following several large deals in ... Read the full article
Insurance IPO activity rises in 2024, says Stonybrook
28th June 2024
Insurance IPO activity has been increasing in the first half of 2024, potentially encouraging more companies to consider IPOs as they could now achieve higher valuations compared to last year, according to Stonybrook Capital. Several private equity-backed retail brokers are currently preparing to go public, including Acrisure, Alliant, Howden, and Hub. Stonybrook ... Read the full article
Bowhead Specialty reveals pricing of upsized IPO, proceeds expected to be $128m
23rd May 2024
Bowhead Specialty, a provider of casualty and professional liability products, has revealed the pricing of its upsized initial public offering (IPO) of 7,529,412 shares of its common stock at a public offering price of $17.00 per share. Earlier this month, Bowhead announced the launch of its IPO of 6,666,667 shares ... Read the full article
Bowhead Specialty to raise around $106.6m from IPO
13th May 2024
Bowhead Specialty, a provider of casualty and professional liability products, has announced the launch of the initial public offering (IPO) of 6,666,667 shares of its common stock, aiming to raise as much as $106.6 million. The IPO price, according to the registration statement on Form S-1 filed with the Securities and ... Read the full article
FWD reportedly considering stake sale following IPO delays
19th February 2024
FWD Group Holdings Limited, an Asian insurance company, is considering selling shares among other options after delaying a planned initial public offering (IPO), as reported in a recent news article by Bloomberg. If a deal proceeds, it is reported that FWD will likely seek a valuation of over $10 billion. Big global ... Read the full article
Stonybrook ‘proud’ to work with Heritage on $25m public offering
13th February 2024
Stonybrook Capital, LLC and its affiliates served as Financial Advisor for super-regional property and casualty insurance holding company, Heritage Insurance Holdings’ recently completed public offering. Heritage announced the successful conclusion of its primary public offering of common stock back in December. The gross proceeds totalled approximately $25 million before accounting ... Read the full article
Fortegra withdraws initial public offering
7th February 2024
Global specialty insurer and a subsidiary of Tiptree Inc., The Fortegra Group, Inc., has announced the withdrawal of its initial public offering. “Due to prevailing market conditions and the high value Tiptree Inc. and Warburg Pincus LLC place on Fortegra and its growth prospects, Tiptree and Warburg have decided to withdraw ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
