Coastal insurer Slide, backers raise $408 million in US IPO

Reuters
Jun 18, 2025
Coastal insurer Slide, backers raise $408 million in US IPO

June 17 (Reuters) - Slide Insurance and some of its existing shareholders raised $408 million in an initial public offering in the United States, the coastal specialty insurer said on Tuesday.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Mohammed Safi Shamsi)

((ArasuKannagi.Basil@thomsonreuters.com;))

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