Flood Insurance Firm Neptune’s Backers Seek $368 Million in IPO

BloombergMonday, September 22, 2025 at 11:49:25 AM
Flood Insurance Firm Neptune’s Backers Seek $368 Million in IPO
Neptune Insurance Holdings Inc., a flood insurance company, is making headlines as its shareholders aim to raise $368.4 million through a US initial public offering. This move is significant as it reflects the growing trend of insurance firms entering the public market this year, showcasing investor confidence in the sector and the increasing demand for specialized insurance products.
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