Specialty insurer Ironshore plans IPO

Specialty commercial and casualty insurance company Ironshore Inc. plans an initial public offering, according to a filing with the U.S. Securities and Exchange Commission late Friday.

Underwriters include Bank of America Merrill Lynch, Citigroup, J.P. Morgan, and UBS. The company reported earnings of 41 cents a share on revenue of $1.65 billion in 2015.

Source: MarketWatch