Fortegra withdraws initial public offering

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Reinsurance News - Feb 07, 2024

Global specialty insurer and a subsidiary of Tiptree Inc., The Fortegra Group, Inc., has announced the withdrawal of its initial public offering. “Due to prevailing market conditions and the high value Tiptree Inc. and Warburg Pincus LLC place on Fortegra and its growth prospects, Tiptree and Warbur...

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