IPOs

Established players are walking away from writing IPO, SPAC and de-SPAC accounts as increased capacity and falling demand in the sub-class causes rates to crater.

Inside P&C’s news team runs you through the key highlights of the week.

The acquisitive, Bain-backed retail broker has struck a deal with private equity firm Flexpoint Ford.

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

Skyward shares shot up over 27% this morning to $19.15 per share, a development which will likely be closely watched by some carriers with IPO aspirations.

Need to Know

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

A total of 9.775 million shares will be offered, priced between $14 and $16.

2022 marked a reversal from last year’s unprecedented levels of global investment in InsurTech as the macroeconomic scenario flipped and investors put lossmaking companies under a magnifying glass.

Consistent underwriting performance, the completion of the exit from life, acquisitions, organic growth and succession planning will all be focuses.

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

Skyward Specialty has indicated its intent to IPO at a time when investors may be looking for good entry points, though the window of opportunity may be closing.