Trean Insurance Group Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals

Oldwick, n.j.--(business wire)-- #insurance--am best has affirmed the long-term issuer credit rating (long-term icr) of “bbb” (good) of trean insurance group, inc (trean). the outlook of the credit rating is stable. concurrently, am best has withdrawn the public long-term icr of trean per the company's request. effective april 21, 2023, altaris llc through various partners acquired all outstanding public shares of trean and now controls 100% of the group's common stock. this press release relates to credit.

Wayzata, minn. and new york, april 21, 2023 (globe newswire) -- trean insurance group, inc. (“trean” or the “company”), a leading provider of products and services to the specialty insurance market, today announced the completion of the acquisition of the company by funds managed by altaris, llc (collectively with its affiliates, “altaris”) for $6.15 per share in cash. the transaction was announced on december 16, 2022 and received approval from stockholders on april 18, 2023. as a result, trean's common stock ceased trading and will no longer be listed on nasdaq.

Wayzata, minn. and new york, april 18, 2023 (globe newswire) -- trean insurance group, inc. (nasdaq: tig) (“trean” or the “company”), a leading provider of products and services to the specialty insurance market, announced that at the special meeting of stockholders (the “special meeting”) held earlier today, the company's stockholders approved the agreement and plan of merger entered into by the company with affiliates of altaris, llc (collectively with its affiliates, “altaris”) (the “merger agreement”) providing for the proposed merger of the company with an affiliate of funds managed by altaris (the “merger”).

New york , march 30, 2023 /prnewswire/ -- the following statement is being issued by levi & korsinsky, llp: to: all persons or entities who purchased trean insurance group, inc. (" trean" or the "company") (nasdaq: tig) stock prior to december 14, 2022 . you are hereby notified that levi & korsinsky, llp has commenced an investigation into the fairness of the acquisition of trean by affiliates of its 47% stockholder, altaris, llc.

New york , march 17, 2023 /prnewswire/ -- shareholder rights law firm julie & holleman is investigating the proposed going-private acquisition of trean insurance group, inc. (nasdaq: tig) by altaris, llc, the company's controlling shareholder. altaris seeks to buy trean for $6.15 per share, yet financial analyses have valued the company as high as $8.34 per share.

Small-cap stocks usually suffer more than mid- and large-cap stocks when the market as a whole is struggling, and when the market is rallying, they could offer higher returns as well.

One of today's biggest stock market movers is a little-known insurance provider based in Wayzata, Minnesota. Trean Insurance Group (NASDAQ: TIG ) doesn't typically make national headlines but its stock is surging on the news that the company has reached a definitive merger agreement with Altaris Capital.

Trean Insurance Group, Inc. (NASDAQ:TIG ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Garrett Edson - ICR Julie Baron - President & Chief Executive Officer Nick Vassallo - Chief Financial Officer Conference Call Participants Pablo Singzon - JPMorgan Operator Greetings, and welcome to the Trean Insurance Group Inc. Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.

AON's third-quarter results are likely to reflect new business generation and strong performance in Commercial Risk Solutions.

WAYZATA, Minn., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will release its third quarter 2022 results after the market closes on Wednesday, November 2, 2022.

Trean Insurance Group, Inc. (NASDAQ:TIG ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Garrett Edson - ICR Julie Baron - President, COO, CEO & Director Nicholas Vassallo - CFO & Treasurer Andrew O'Brien - Executive Chairman Conference Call Participants Pablo Singzon - JPMorgan Chase & Co. Operator Greetings, and welcome to the Trean Insurance Group, Inc. Second Quarter 2022 Earnings Call. [Operator Instructions].

Trean Insurance (TIG) delivered earnings and revenue surprises of 120% and 4.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

WAYZATA, Minn. , July 20, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will release its second quarter 2022 results after the market closes on Wednesday, August 3, 2022.

Trean Insurance Group, Inc. (NASDAQ:TIG ) Q1 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Garrett Edson - ICR Andrew O'Brien - CEO & Director Julie Baron - President & COO Nicholas Vassallo - CFO & Treasurer Conference Call Participants Pablo Singzon - JPMorgan Chase & Co. David Motemaden - Evercore ISI Operator Greetings. Welcome to the Trean Insurance Group, Inc. First Quarter 2022 Earnings Call.

Trean Insurance (TIG) delivered earnings and revenue surprises of 0% and 6.61%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?