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Insurer FWD Delays $1 Billion Hong Kong IPO: Sources

Asian insurer FWD Group has delayed its $1 billion Hong Kong initial public offering (IPO) because of volatile financial markets, according to three sources with direct knowledge of the matter. FWD...

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Beijing Gives Initial Green Light to Revive Ant Group’s IPO as Crackdown...

China’s central leadership has given billionaire Jack Ma’s Ant Group a tentative green light to revive its initial public offering (IPO), two sources with knowledge of the matter said, in the clearest...

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India’s LIC Loses $17 Billion in Market Value After IPO

An eye-popping $17 billion wipeout in market value has made Life Insurance Corp. of India one of the biggest wealth destroyers among Asia’s initial public offerings this year. Having plunged 29% since...

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Asian Insurer FWD Eyes Hong Kong IPO in 2023: Sources

FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, is weighing 2023 as a new target for its long-awaited Hong Kong initial public offering, according to people familiar with...

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Hong Kong Insurer FWD Refiles Application for Hong Kong IPO, Eyeing 2023 Listing

FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, has refiled an application for a Hong Kong initial public offering as it now weighs a listing next year amid market...

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Fairfax-Backed Digit Insurance’s IPO Put on Hold by Indian Watchdog

Digit Insurance, a company backed by Canadian billionaire Prem Watsa’s Fairfax Group, has had a planned initial public offering (IPO) put on hold, a Securities and Exchange Board of India (SEBI)...

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India Regulator to Restart Review Process for IPO of Fairfax’s Digit...

India’s markets regulator will restart a review of a $440 million initial public offering of Digit Insurance after the company resolved certain compliance issues that had led to the regulator putting...

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China’s Sunshine Insurance to Seek HK Stock Exchange Nod for $1B IPO: Sources

China’s Sunshine Insurance Group Co. is planning to seek Hong Kong stock exchange approval for its initial public offering as soon as next week, according to people familiar with the matter. The...

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China’s Sunshine Insurance Gets Approval for $1 Billion IPO: Sources

China’s Sunshine Insurance Group Co. has received approval from the Hong Kong stock exchange for an initial public offering that could raise about $1 billion, according to people familiar with the...

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Sunshine Insurance Begins Taking Investor Orders for $950 Million IPO

Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong Kong initial public offering. Beijing-based Sunshine Insurance started taking...

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China’s Sunshine Insurance Leans Toward Pricing HK IPO at Bottom of Marketed...

Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed range, according to people familiar with the matter. The Beijing-based firm is...

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Sunshine Insurance Declines in Hong Kong Trading Debut

China’s Sunshine Insurance Group Co. declined in its trading debut after Hong Kong’s fourth-largest deal this year, potentially the last big listing in the Asian hub before the end of 2022. Shares of...

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Skyward Specialty Finds 2023 Is Right for IPO

Houston, Texas-based Skyward Specialty on Friday became the first U.S. company to launch an initial public offering in the calendar year, a move that CEO Andrew Robinson said will provide greater...

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India’s Digit Insurance to Refile Papers for $440M IPO After Regulator Raises...

Digit Insurance will refile papers for its $440 million initial public offering (IPO), the company told Reuters on Tuesday, after India’s market regulator raised certain compliance issues with employee...

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Financial Services Provider F88 Raises $47M Ahead of Planned Vietnam IPO

F88 Investment JSC, a financial services firm, has raised at least $47 million from Vietnam-Oman Investment Fund, or VOI, and Mekong Capital Fund IV, to fuel expansions of its distribution network and...

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Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO

Bermuda-based Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a proposed initial public offering of...

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Hong Kong’s FWD to File Again for IPO Application: Sources

FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, is planning to file for a third time for an initial public offering in the financial hub, according...

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Hong Kong’s FWD Weighs Pre-IPO Round as Listings Slow: Sources

FWD Group Holdings Ltd. is weighing a private funding round as the Asian insurer’s long-planned initial public offering is set to be delayed again amid weak market conditions, according to people...

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Insurance Group Hamilton Mulls Potential IPO, Sale

Hamilton Insurance Group is considering strategic options amid growing momentum for deals involving insurance and reinsurance companies, people familiar with the matter told Reuters. The Bermuda-based...

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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...

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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...

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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...

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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...

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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,...

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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...

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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....

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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...

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Hamilton Insurance Shares Rise 1.7% in NYSE Debut

Hamilton Insurance Group HG.N 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...

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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...

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Florida Specialty Insurer Fortegra Shelves IPO Plans at the Last Hour

Jacksonville-based specialty insurer Fortegra Group has withdrawn its plans for an initial public offering in the United States, just hours before the IPO and nearly three years after the company...

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