Initial Public Offering (IPO)
Interview - A&A Group: A constantly evolving company
Starting as a two-man operation in a house in Twickenham, A&A Group has grown exponentially since its humble beginnings. Jonathan Swift talks to Tony Allen and Steve McPherson about keeping pace with changes in the market.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
News analysis - Mark Hodges' move: A little bit of history repeating
With the shock news that Mark Hodges is to join Towergate, Daniel Dunkley reports on the market's reaction and what this means for Aviva and the consolidator.
Broker IPOs: Who dares wins
Broker IPOs keep the rumour mill active but very few actually occur. Rachel Gordon finds out why this is and looks at which companies are most likely to pursue the public route.
Towergate chair Lyons: Hodges will join "in a few months"
The appointment of Towergate’s new group chief executive Mark Hodges is not a “starting gun” for a listing, according to its chairman.
Generali PPF linked with VTB on Russian insurance venture
Czech-Italian insurer Generali PPF has been linked with Russian state-controlled bank VTB over establishing a new insurance company.
Generali PPF linked with VTB on Russian insurance venture
Czech-Italian insurer Generali PPF has been linked with Russian state-controlled bank VTB over establishing a new insurance company.
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Hastings names retail boss
Hastings Direct has appointed Tobias van der Meer as the new managing director of Hastings Retail.
Penny Black's insurance week
Given his aspirations as a pop impresario, Penny was interested to see former IAG UK boss and Hastings investor Neil Utley enter the annual Rich List chart above the likes of George Michael, Robbie Williams and Phil Collins.
Esure targets "third revenue stream" with broker launch
Direct insurer Esure is set to launch a new venture - Esure Broker - to target additional risks as it progresses towards an initial public offering.
Howden boosts GWP by 45% with PYV buy
Howden Broking Group has grown its gross written premium on its professional indemnity and directors’ & officers’ liability books in the UK from £35m to just over £50m with the acquisition of PYV.
Hastings appoints CFO ahead of “possible” 2012 listing
Hastings Direct has named former Helphire Group CEO Mark Adams as its chief financial officer as it prepares to list on the stock exchange next year.
Irwin Mitchell steps closer to flotation
Irwin Mitchell has appointed Espirito Santo Investment Bank as its financial adviser in a move that could support it becoming one of the first alternative business structures.
Hastings Direct hires former Eldon boss as managing director
Hastings Direct has appointed a new managing director for insurer services.
Aviva to part-sell stake in Benelux insurer
Aviva Group has outlined plans to sell 15% of its share in Benelux insurer Delta Lloyd, as part of its ongoing plan to focus on “core markets”.
Aviva to part-sell stake in Benelux insurer
Aviva Group has outlined plans to sell 15% of its share in Benelux insurer Delta Lloyd, as part of its ongoing plan to focus on “core markets”.
Broker focus – private equity: the start of a broader movement?
2011 has already seen one major broking private equity deal involving Towergate. Rachel Gordon assesses whether this is likely to be a one off, or the start of a broader movement within the intermediary market.
RBSI CEO Geddes reveals plan to float in tranches
Royal Bank of Scotland Insurance chief executive Paul Geddes has revealed that if it decides to go down the initial public offering route in 2012, this will probably be done in a number of tranches, rather than one offering.
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Editor's comment: Cullum's Advent calendar
The transfer deadline day, 31 January, saw a host of football clubs scrambling over themselves to secure deals to improve their stock ahead of the final push for safety, promotion, Europe or silverware.
News analysis - Towergate refinancing: Towergate to kick into full IPO mode
With confirmation of Advent's £200m cash injection, what does Towergate have planned next? Mairi MacDonald explores the options.
New equity for Towergate
Towergate Partnership has secured new equity investment, after signing a preliminary agreement with an international private equity house, Post understands.