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Accelerant valued at $6.4 billion in debut as insurance IPOs heat up
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Accelerant valued at $6.4 billion in debut as insurance IPOs heat up

Cs news9 months ago9 months ago03 mins

By Arasu Kannagi Basil (Reuters) -Billionaire sports financier Todd Boehly-backed Accelerant was valued at $6.4 billion as its shares jumped 36% in their New York debut on Thursday, underscoring a strong investor appetite for insurance listings. The shares of the specialty insurance marketplace opened at $28.50 apiece, above the $21 offer price. In 2023, the…

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