Reinsurance News
Westaim
CC Capital & Westaim partner on new integrated insurance and asset management platform
11th October 2024
A new integrated insurance and asset management platform has been created through the strategic combination of investment company Westaim, global institutional asset manager Arena, and Ceres Life, a cloud-native, highly scalable annuity platform that has been incubated by CC Capital. CC Capital is to invest USD $250 million in Westaim at ... Read the full article
Skyward Specialty announces pricing of upsized IPO
16th January 2023
Skyward Specialty, a P&C insurance holding company part of Westaim Corporation, has priced its upsized initial public offering (IPO) of 8,952,383 shares of its common stock at a price of $15.00 per share, generating proceeds of around $134 million. This includes 4,750,000 common shares being offered by Skyward Specialty and 4,202,383 ... Read the full article
Skyward Specialty announces IPO with potential to generate $150m
5th January 2023
Skyward Specialty, a P&C insurance holding company part of Westaim Corporation, has launched its initial public offering (IPO) of its common stock, expected at $14.00 and $16.00 per share, with the potential to generate top-end proceeds of around $150 million. The offering consists of 4,750,000 shares of stock offered by Skyward ... Read the full article
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