Hub International Announces Pricing Of Initial U.S. Offering

Hub International Limited (NYSE: HBG and TSX: HBG) has announced that its initial U.S. public offering of 6,000,000 common shares has been priced at US$14 per share. Hub International has also granted the Underwriters an option to purchase up to 900,000 additional shares to cover over allotments, if any. All shares are being issued and […]

By Canadian Underwriter | June 18, 2002 | Last updated on October 30, 2024
1 min read

Hub International Limited (NYSE: HBG and TSX: HBG) has announced that its initial U.S. public offering of 6,000,000 common shares has been priced at US$14 per share. Hub International has also granted the Underwriters an option to purchase up to 900,000 additional shares to cover over allotments, if any. All shares are being issued and sold by the Company. The common shares will begin trading on the New York Stock Exchange under the symbol "HBG" on June 18, 2002.

J.P. Morgan Securities Inc. is the lead manager for the offering. Co-managers are Cochran, Caronia Securities LLC, Stephens Inc., BMO Nesbitt Burns Corp. and Ferris, Baker Watts, Incorporated. Copies of the prospectus may be obtained from the offices of J.P. Morgan Securities Inc., 277 Park Avenue, New York, NY 10172.

A prospectus has not been and will not be filed in Canada. The common shares will not be qualified for sale under the securities laws of Canada or any province or territory of Canada and are not being offered for sale in Canada or to any resident of Canada.

Canadian Underwriter

<span style=color:#ff0000>2024 Underwriters of the Year |</span>Katie Witt, Senior Underwriter, HD Mutual Insurance Company

Industry

2024 Underwriters of the Year |Katie Witt, Senior Underwriter, HD Mutual Insurance Company

Katie Witt began her insurance career shortly after graduating from Wilfrid Laurier University and Nipissing University with a joint BA/BEd in 2012. Initially planning on being an educator but struggling with a challenging hiring process, Witt looked to insurance for a stable income and a start to a promising career. She never looked back. Her […]

October 17, 2024

4 min read

<span style=color:#ff0000>2024 Underwriters of the Year |</span> Michael Watts, Senior Commercial Lines Underwriter, Intact Insurance

Industry

2024 Underwriters of the Year | Michael Watts, Senior Commercial Lines Underwriter, Intact Insurance

Over the course of 25 years, Michael Watts has honed his deep commercial underwriting expertise and dedication to building broker relationships. Watts started his career in 1999 as a Personal Lines Customer Service Agent, then moved into commercial lines where he rose through the ranks, eventually taking on his current role. He holds a BComm […]

October 16, 2024

3 min read

<span style=color:#ff0000>2024 Underwriters of the Year |</span> Monica Waddell, Personal Lines Underwriter, Intact Insurance

Industry

2024 Underwriters of the Year | Monica Waddell, Personal Lines Underwriter, Intact Insurance

Monica Waddell’s career began over two decades ago when she joined the industry as a customer service representative with Renfrew Thompson Insurance in 2001. Two years later, she joined Intact Insurance as an underwriting assistant, a role that marked the beginning of her journey in underwriting. Today, Waddell’s experience in nurturing broker relationships is a […]

October 15, 2024

3 min read