Nov 20 (Reuters) – Insurance companies’ first-time share sales on Wall Street hit a 20-year high this year as investors flocked to firms that were insulated from U.S. President Donald Trump’s trade war.
Predictable cash flows and resilient business model gave private equity firms an opportunity to sell some portfolio companies and offered investors a safe haven as other industries got whipsawed by escalating tariffs, sticky inflation, labor market cracks and geopolitical turmoil.
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Insurance IPOs hit 20-year high on Wall Street after tariff-driven chaos
