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trean.com

Stage

IPO | IPO

Date of IPO

7/16/2020

About Trean Insurance Group

Trean Insurance Group, Inc. (NASDAQ: TIG) is a full-service insurance management and reinsurance consulting company.

Trean Insurance Group Headquarters Location

150 Lake Street West

Wayzata, Minnesota, 55391,

United States

952 974 2200

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Latest Trean Insurance Group News

Trean increases surplus with $50mn notes offering

Aug 25, 2022

Reinsurance News Trean Insurance Group has increased the surplus of its subsidiary Benchmark Insurance Company by completing a private offering of $50 million aggregate principal amount of its 6.75% Surplus Notes due August 2042. The company stated that surplus notes are unsecured, subordinated debt obligations of Benchmark and are planned to be treated as additional surplus. Moreover, all payments of interest on or principal of the surplus notes, and any redemption payment, may be made only with the prior approval of the Commissioner of Insurance of the State of Kansas. “We are pleased to further increase the Benchmark surplus with this offering,” said Julie Baron, President and Chief Executive Officer of Trean. “ “The addition of this $50 million is another important step towards Trean achieving our long-term financial goals.”

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  • Where is Trean Insurance Group's headquarters?

    Trean Insurance Group's headquarters is located at 150 Lake Street West, Wayzata.

  • What is Trean Insurance Group's latest funding round?

    Trean Insurance Group's latest funding round is IPO.

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