The Fortegra Group, Inc. (TFG)

The Fortegra Group was planning to go public, but the IPO was withdrawn on Feb 7, 2024.
IPO Price Range
$15.00 - $18.00
Shares Offered
18,000,000
Deal Size
$297.00M
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Market Cap1.39B
Revenue (ttm)1.51B +26.9%
Net Income81.96M -4.8%
EPS0.97
Shares Out 84.45M
PE Ratio17.00
Forward PEn/a
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About TFG

The Fortegra Group is a growing, highly profitable and multinational specialty insurance company focused on underwriting complex and niche risks in underserved markets. Founded in 1978, we have a long-standing track record of disciplined and stable underwriting results while generating strong growth and attractive returns on capital. We are an underwriting-focused company, with deep expertise within the admitted and excess and surplus insurance lines and capital light fee-based services markets. We target moderate risk limits and utilize a soph... [Read more]

Sector Financials
Founded 1978
Employees 1,100
Stock Exchange NYSE
Ticker Symbol TFG
Full Company Profile

Financial Performance

In 2022, The Fortegra Group's revenue was $1.25 billion, an increase of 26.89% compared to the previous year's $984.13 million. Earnings were $46.42 million, a decrease of -4.78%.

Financial Statements

News

Fortegra Insurance UK Limited Achieves NAIC Alien Insurer Registration

LONDON--(BUSINESS WIRE)--Fortegra Insurance UK Limited, part of the Fortegra Group — a global specialty insurer — has been officially admitted to the National Association of Insurance Commissioners (N...

6 months ago - Business Wire

AM Best Comments on Credit Ratings of DB Insurance Co., Ltd. Following Announced Acquisition of The Fortegra Group Inc

HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of DB Insurance Co., Ltd. ...

7 months ago - Business Wire

KBRA Affirms and Withdraws Rating for Fortegra Financial Corp, Assigns Ratings for The Fortegra Group, Inc., and Fortegra Specialty Insurance Company, and Affirms Ratings for Debt and Fortegra's Key Insurance Subsidiaries

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns an issuer rating of BBB to The Fortegra Group, Inc. (TFG or Fortegra) and assigns an insurance financial strength rating (IFSR) of A- to F...

11 months ago - Business Wire

AM Best Assigns Credit Ratings to Fortegra Belgium Insurance Company NV

AMSTERDAM--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Fortegra Belgium Insurance Compa...

1 year ago - Business Wire

KBRA Assigns Rating to Junior Subordinated Notes Issued by The Fortegra Group, Inc.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of "BBB-" with Stable outlook to the 9.25% fixed rate resetting junior subordinated notes due 2064 ("Notes") issued by The Forteg...

1 year ago - Business Wire

Warburg Pincus-backed Fortegra Group aims to raise $324 million in US IPO

Fortegra Group, backed by private equity firm Warburg Pincus, said on Monday it was aiming to raise up to $324 million in an initial public offering in New York.

2 years ago - Reuters

Tiptree Announces Fortegra Filing of Registration Statement for Initial Public Offering

Tiptree Inc. (NASDAQ:TIPT) today announced that its specialty insurance subsidiary, The Fortegra Group, Inc. has publicly filed a Registration Statement on Form S-1...

2 years ago - Business Wire

The Fortegra Group IPO Registration Document (S-1)

The Fortegra Group has filed to go public with an IPO on the New York Stock Exchange (NYSE)

2 years ago - SEC