Insurance IPOs Surge to 20-Year High Amid Trade War Uncertainty

Insurance companies' initial public offerings (IPOs) reached a 20-year high in 2019 due to investors seeking stable cash flows and resilient business models. The number of insurance-related IPOs on US exchanges hit its highest levels since 2005, with U.S.-listed insurance IPOs raising $2.64 billion combined this year. Insurers such as Aspen and American Integrity saw significant gains after their debuts, and bankers expect the industry's strong growth to continue attracting investors.