IPOs

In a recent report titled “TFC: Primed for activist”, Wells Fargo notes investor discontent and lists pressing issues to be addressed at Truist.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Underwriting income more than doubled to $77.5mn from $32mn as the company grew its top line largely through its specialty segment, reduced reinsurance exposure and lowered catastrophe and large losses.

The question of how to finance the private brokers no longer begins and ends with a PE flip.

The carrier could be the first tech-enabled underwriting business to test public investor appetite since the heady days of 2020.

Fidelis Insurance Group CEO Dan Burrows and Fidelis MGU counterpart Richard Brindle speak with Insurance Insider after the IPO.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Sources said the Atlanta-based InsurTech is likely to explore a dual track, with a potential sale looked at alongside the IPO.

Personal lines underperform predictions, while brokers and InsurTechs are a positive surprise (for now).

Need to Know

The proceeds will be used by the Bermudian to take advantage of rate hardening in key markets.