All the headlines from our Funding Topic Page, ordered by recency.
Dec 15 2014 // Florida’s largest private insurer has raised $19 million through a privately negotiated stock deal with an investment firm that specializes in natural catastrophe reinsurance and weather risk.Universal Holdings Inc...
Dec 11 2014 // James River Group Holdings Ltd., the specialty insurer backed by hedge fund company D.E. Shaw & Co. and Goldman Sachs Group Inc., raised $231 million in an initial public offering, pricing its shares below the marketed...
Dec 1 2014 // Ping An Insurance (Group) Co., China’s second-largest insurer, said it will raise HK$36.8 billion ($4.75 billion) in Hong Kong’s biggest share sale in almost two years to replenish equity and working...
Nov 17 2014 // Aon plc announced that its Board of Directors has authorized a new $5 billion share repurchase program, which is in addition to its existing share repurchase program previously authorized in April 2012. Approximately $1.1...
Aug 6 2014 // Federated National Holding Co., a Florida-based property/casualty insurer, announced the closing of its public offering of 2,358,975 shares of its common stock, which includes 307,692 shares sold pursuant to the exercise...
Jul 18 2014 // Shares of Trupanion Inc. rose as much as 15 percent in their market debut, valuing the pet insurer at $304 million, as investors bet on growing demand among pet owners to insure their cats and dogs.The company raised about...
Jun 24 2014 // Private equity firm Carlyle Group LP said on Monday it had raised $1 billion for its second fund focused on buying and selling financial institutions such as wealth managers and insurance firms, almost three years after it...
May 23 2014 // Saga Plc, a provider of insurance and holidays to Britain’s over-50s, raised £550 million ($926.7 million) after selling shares at the bottom of the range used to canvass investor interest.The shares were sold at...
Apr 25 2014 // A Florida property insurer that provides insurance coverage to 128,000 homeowners is planning to go public by issuing an initial public offering (IPO) that could result in the insurer raising up to $100 million in new...
Apr 23 2014 // Genworth Financial Inc. plans to raise as much as $700 million by selling a minority stake in its Australian mortgage guarantor, in what may be the biggest share sale in the country for more than three years.The seller of...
Mar 28 2014 // Apollo Global Management LLC and CVC Capital Partners Ltd. raised £240 million [$398.5 million] in an initial public offering of Brit Plc, a Lloyd’s of London insurer.The two private equity firms, along with...
Mar 4 2014 // Allied World Assurance Company Holdings, AG announced that in its recently filed Preliminary Proxy Statement with the U.S. Securities and Exchange Commission, the company’s Board of Directors has proposed the...
Feb 27 2014 // RSA Insurance Group Plc confirmed reports that it plans to raise £775 million ($1.3 billion) in a share sale and scrapped its final dividend to replenish capital depleted by a scandal at its Irish unit and appease...
Nov 14 2013 // An auction in Gillette, Wyo. raised $56,000 for ranchers in South Dakota who lost nearly 20,000 head of cattle in a blizzard last month.The Gillette News-Record reported nearly 500 people attended Saturday’s auction...
Nov 4 2013 // The National Insurance Industry Council raised more than $2 million this year in the ongoing battle to cure cancer and diabetes, it was announced Monday.A large portion of the funds were raised by the City of Hope’s...
Oct 9 2013 // The Norman-Spencer Agency Inc., a national property/casualty insurance provider, announced it raised over $55,000 through a 5K run, golf outing, and silent auction dinner held on Sept. 16, 2013, in Dayton, Ohio, for the...
Sep 20 2013 // Royal Bank of Scotland Group Plc is seeking as much as £630 million ($1.009 billion) from its third sale of a stake in Direct Line Insurance Group Plc, the U.K.’s biggest home and car insurer.RBS will offer 272.7...
Jun 20 2013 // A company authorities say used deceptive practices to sell supplemental health insurance to veterans and other Massachusetts residents will now pay more than $5 million to settle case.Attorney General Martha Coakley said...
Feb 27 2013 // Bermuda-based Aspen Insurance Holdings Limited announced that it has entered into an Accelerated Share Repurchase (ASR) agreement with Goldman, Sachs & Co. to repurchase an aggregate of $150 million of Aspen’s...
Feb 22 2013 // XL Group plc announced from its Dublin, Ireland headquarters that its Board of Directors has approved a new share buyback program, authorizing the Company to purchase up to $850 million of its ordinary shares. The previous...