Initial Public Offering (IPO)
Moody's affirms ING insurance ratings
Moody's Investors Service affirmed the A2 insurance financial strength (IFS) ratings of the US life insurance subsidiaries (collectively, ING US) of ING Groep NV (ING Group, senior debt at A1, stable) and the Baa1 senior rating of ING Verzekeringen N.V. …
Broking review of the year: A breakdown in momentum
2010 was a fairly low key year for the broking market, as the sector kept a low profile during the financial turmoil. Daniel Dunkley reports on the opportunities that were taken up and deals made.
CEO Hodson agrees to stay on three more years at Oval
Oval chief executive Phillip Hodson has revealed the broker's immediate priority is "getting the business in the best possible shape" rather than seeking an IPO or trade sale.
Advantage withdrawal causes concern to rivals
AA Insurance has expressed disappointment at Hastings Insurance Service's announcement that its major insurance partner, Gibraltar-based Advantage, is to cease writing external business.
Esure reveals earliest date for an IPO will be 2014
The founder and chairman of direct insurer Esure Peter Wood has revealed that 2014 is the earliest that it will launch an initial public offering.
Post in print - 14 October 2010
Senior reporter Dan Dunkley outlines the main news from this week's issue of Post.
Hastings Direct outlines plan to float in 2012
Hastings Direct has outlined plans to float in 2012 after hitting its five year business plan within 18 months.
BIS 2010 - News: Towergate's Blanc underlines issues still facing IPO market
Towergate deputy group chief executive Amanda Blanc has highlighted the difficulties companies are facing launching initial public offerings in the current financial climate.
Liberty pulls IPO due to "volatile" markets
Liberty Mutual has announced that it is postponing the initial public offering of stock in Liberty Mutual Agency Corporation.
Rethink: Rates caution as Monte Carlo approaches
Our monthly round-up of readers' opinions shows that rates are stable with little sign of imminent change as the market gears up for the Monte Carlo Rendezvous.
BIS 2010: Towergate's Blanc underlines issues faced by IPO market
Towergate deputy group chief executive Amanda Blanc has highlighted the difficulties companies are facing launching IPOs in the current financial market.
Integro elects Byrne as chairman
John (Jack) Byrne, who led Fireman’s Fund and its former parent company, White Mountains Insurance Group, as well as Geico, has been elected chairman of the board of Integro.
Accident Exchange seeks to de-list after restructuring credit facility
Credit hire operator Accident Exchange is to convene a general meeting to propose a resolution to approve the cancellation of admission of the ordinary shares to trading on the London Stock Exchange.
Buffett again linked with RBS Insurance business as bank begins adviser search
Warren Buffett has again beeen linked with the Royal Bank of Scotland's Insurance business according to reports in the weekend newspapers.
Dual boss admits Hiscox deal good for flotation
Dual International chief executive Bob Van Gieson has admitted moving away from having Arch Capital as its sole capacity provider for its main book of business makes it better placed for a flotation.
Broker focus - exit options: Feathering the nest
Finding a favourable exit during the economic downturn has proved tricky for broker owners. Leigh Jackson reports on how the tide may be turning for those looking to sell.
General insurers protect finance raising in Spain
Raising finance during challenging times can be tough and many firms in Spain are increasingly looking to the Alternative Stock Market or MAB. As the possibility of claims has risen dramatically these firms face increased risks but Fernando Claro…
Groupama outlines IPO timefame
Groupama is expected to float on the stock market in 2011 or 2012, according to its chief executive Jean Azema.
Groupama outlines IPO timefame
Groupama is expected to float on the stock market in 2011 or 2012, according to its chief executive Jean Azema.
Post in print - 10 June 2010
Post reporter Amy Ellis outlines this week's major news stories from Post including: government move over midwives; brokers unite for covenant code; Cooper Gay IPO; Money Supermarket fraud action; and Hyperion flotation insight.
BP Marsh boss hints Hyperion may delay flotation
Specialist private equity firm BP Marsh and Company, a key backer of broking and insurance group Hyperion, has said it would not be surprised to see the company delay its plans to float in 2012.
Interview - Paul Geddes: Regaining an edge
With a new team in place and a major change programme underway, including 2000 job cuts, RBSI CEO Paul Geddes talks to Jonathan Swift about the need to stay competitive.
Finance raising - IPOS: Lack of activity
Marsh recently predicted an increase in initial public offerings. Amy Ellis looks at what is actually happening and the impact on the wider insurance community.
Towergate postpones bond issue for 4-6 weeks
Towergate has postponed its £665m bond issue and will bide its time over the next month and a half to see if the markets improve.