Ironshore, an international specialty property and casualty insurance group, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering, although the deal size is likely a placeholder. We estimate the company could raise $300...read more
OneBeacon, a provider of property and casualty insurance coverage to small and medium-sized companies and a spin-off of White Mountains, priced 24 million shares (4 million shares more than expected) at $25, the mid-point of its $24-$26 range. Lehman Brothers...read more
Onebeacon Insurance Group, a Boston-based property and casualty insurance writer, announced the terms for an IPO on Friday. The offering consists of 20 million shares, all being sold by a single selling shareholder, at a range of $24-$26. Lehman Brothers is...read more
Onebeacon Insurance Group, a Boston-based property and casualty insurance writer, filed for its IPO on Friday. Lehman Brothers and Banc of America are set to manage the deal. Terms and timing have yet to be announced....read more
Specialty P&C insurer Ironshore files for a $100 million IPO
Ironshore, an international specialty property and casualty insurance group, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering, although the deal size is likely a placeholder. We estimate the company could raise $300...read more
White Mountains spin-off OneBeacon Insurance prices 24mm shares at $25
OneBeacon, a provider of property and casualty insurance coverage to small and medium-sized companies and a spin-off of White Mountains, priced 24 million shares (4 million shares more than expected) at $25, the mid-point of its $24-$26 range. Lehman Brothers...read more
Onebeacon Insurance Group announces terms
Onebeacon Insurance Group, a Boston-based property and casualty insurance writer, announced the terms for an IPO on Friday. The offering consists of 20 million shares, all being sold by a single selling shareholder, at a range of $24-$26. Lehman Brothers is...read more
Boston-based insurance writer Onebeacon Insurance Group files for IPO
Onebeacon Insurance Group, a Boston-based property and casualty insurance writer, filed for its IPO on Friday. Lehman Brothers and Banc of America are set to manage the deal. Terms and timing have yet to be announced....read more