(Reuters) -TWFG disclosed a nearly 27% jump in annual net profit on Monday, as the insurer revealed the paperwork for its initial public offering in the United States. The U.S. IPO market has seen an uptick in 2024, after a nearly two-year dry spell, as expectations of a soft landing for the economy encourage companies to list their shares. TWFG’s IPO comes after a strong debut day performance by insurer Bowhead Specialty Holdings last month. TWFG said its net profit for the year ended…
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Source: https://www.investing.com/news/stock-market-news/twfg-insurance-makes-us-ipo-filing-public-3494480