Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re
TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising C$2.1 billion…
Insurance Journal
SoftBank-Backed Fintech Raises $761M in Indian IPO. Now Comes the Hard Part.
Yashish Dahiya’s PB Fintech Ltd. climbed 23% on its first day of trading after raising $761 million in an IPO. Now comes the…
Northern California’s Dixie Fire Has Affected 800-Plus Structures, And High Winds Are on Their Way
When Tom Larsen thinks of the Dixie Fire in Northern California, he thinks about better modeling. Larsen, the senior director…
Allianz Posts 46% Jump in Q2 Profit, with Rosy Outlook Expected
FRANKFURT – German insurer Allianz on Friday posted a better-than-expected 46% jump in second-quarter net profit and provided…
Stock Analysis
Mosaic Insurance Launches Transactional Liability Market
Mosaic Insurance began underwriting transactional liability coverage with a new product launched last month in the United States…