Trean Insurance Group Increases Surplus with $50 Million Surplus Notes Offering

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Aug 24, 2022

WAYZATA, Minn., Aug. 24, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today announced that it has increased the surplus of its subsidiary Benchmark Insurance Company (“Benchmark”) by completing a private offering of $50 million aggregate principal amount of its 6.75% Surplus Notes due August 2042.