IPOs
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The division reported in a regulatory filing total 2021 premiums of $5.6bn and $3bn in policy fees.
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Board members include the former CEO of Assurant and the chief legal officer of Stripe.
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Inside P&C’s news team runs you through the key developments from the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The specialty insurer’s premium income grew from $457mn in 2020 to $1.8bn in 2021, and $2.1bn including Lancer.
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Investors are taking a second look at private valuations, as they realize that an IPO or a SPAC exit is no longer an attractive option in the short term.
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Harper’s comments follow Kin and Omnichannel mutually agreeing to terminate their previously announced SPAC merger deal due to 'unfavorable market conditions'.
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The president of the newly listed car company outlined the MGA’s scope for growth, appetite for M&A, and addressed the question of whether it could go full-stack.
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Inside P&C’s news team runs you through the key developments from the last week.
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HCI’s suspension of TypTap's spin off amid a punishing market for InsurTechs pressured the company's stock.
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The company said on Wednesday that current market pricing for the planned IPO doesn’t reflect the InsurTech’s value.
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Hallmark’s board of directors noted significant progress in the firm's underwriting operations over the last 18 months, including a successful loss portfolio transfer and improved underlying results.
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