initial public offering (IPO) News

Apollo-Owned Aspen Insurance Files for IPO in US

Private equity firm Apollo-owned Aspen Insurance on Wednesday filed its paperwork for an initial public offering in the United States, according to a regulatory filing. The company did not disclose details about the size of the offering, but is reportedly …

Hamilton Insurance Shares Rise 1.7% in NYSE Debut

Hamilton Insurance Group notched a valuation of $1.68 billion as shares rose 1.7% in a tepid market debut on Nov. 10, indicating limited investor appetite for new listings. The Bermuda-based company’s stock opened at $15.25, compared with the initial public …

Hamilton Insurance Targets Up to $2B Valuation in IPO

Hamilton Insurance Group is targeting a valuation of up to $2 billion in its U.S. initial public offering, the specialty insurer said on Wednesday. The company, along with some existing investors looking to sell their shares, aims to raise up …

Chinese Online Insurer Shouhui Weighs Hong Kong IPO in 2024

Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter. China International Capital Corp. and Huatai Securities Co. are …

Ant-Backed Rural Lender and Micro-Insurance Firm, Chongho, Eyes $500M HK IPO

Chongho Bridge Credit Agricultural Group Co., a Chinese rural bank that offers microcredit and micro-insurance to small businesses, is considering a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the …

PE Firms Weigh Options for $16 Billion AssuredPartners

GTCR and Apax Partners are exploring options including a full or partial sale of insurance broker AssuredPartners, which could be valued at up to $16 billion, including debt, in any transaction, according to people with knowledge of the matter. The …

Hamilton Insurance Group Confidentially Files for US IPO

Hamilton Insurance Group said on Thursday it has confidentially filed for a U.S. initial public offering, at a time when there is growing momentum for deals involving insurance and reinsurance companies. The U.S. IPO market has seen a nascent recovery …

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, …