Benfield Group's successful flotation could prompt a flurry of share offerings within the industry - with broker Heath Lambert in the running to dust-off flotation plans.

Hopes that the industry will now be in a position to push-through flotations have been boosted as investors stampeded into the first big flotation of the year.

One leading expert said: "In my view this is a big vote of confidence. This is a function of broader recovery. Previously shelved flotations could well be back on."

Heath Lambert has said it may revive plans for a share sale after cancelling its float last July.

A Heath Lambert spokesman said: "Heath Lambert is reviewing this option all the time. Its one option which is open to us but no decision has been finalised yet."

Heath Lambert Financial Group chief executive David Margrett said: "An IPO will remain an option for the future provided it is in the best interests of our business, our staff and our shareholders."

Fitch Ratings' David Wharrier said investors are keen on backing insurance industry propositions and firms may well revisit flotation plans."

He said: "Recent postponements are not the thin end of the wedge. It is true many insurers have raised capital at heavily discounted rates.

"However the current position of the market is sufficiently attractive and there are plenty of good business propositions in the industry to ensure many successful flotations."

Topics