Core Insights - The specialty insurance sector has seen significant activity in initial public offerings (IPOs) over the past year, particularly with Bowhead Insurance, which operates in the Excess & Surplus lines (E&S) market [1] Group 1: IPO Activity - Bowhead Insurance had a successful IPO but has since lost most of its gains in the following quarters [1] Group 2: Author's Background - The author possesses an honors degree in economics and politics, focusing on economic development, and has 36 years of executive management experience in the insurance and reinsurance sectors, with expertise in global and Asia Pacific markets, climate change, and ESG [1]