Reinsurance News
IGI
IGI adds former Guy Carpenter MD Thomas A. Collett to its Board
23rd March 2026
International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has appointed Thomas A. Collett to its Board of Directors and to its Compensation Committee, effective March 19th, 2026. Additionally, David D. Anthony, who has served as a Director of the Board, Chair of its Compensation Committee and a ... Read the full article
IGI reports 7.7% rise in net income for Q4’25
25th February 2026
International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has generated a net income of $32.3 million, an increase of 7.7% for the fourth quarter of 2025, compared to $30 million in Q4’24, driven by continued positive underwriting results and investment income. Net income for the full year ... Read the full article
IGI posts improved Q3’25 CoR amid lower large loss activity
5th November 2025
International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, reported an improved combined ratio of 76.5% in the third quarter of 2025, compared to 86.0% in the same period last year, alongside underwriting income of $51.4 million, up 24.2% from $41.4 million. In Q3’25, the loss ratio was ... Read the full article
S&P upgrades IGI’s financial strength rating to “A”
29th October 2025
S&P Global Ratings has upgraded the financial strength rating of International General Insurance Holdings Ltd. (IGI) to “A” from “A-”. The rating applies to IGI’s three subsidiaries: International General Insurance Co. Ltd. (Bermuda) (IGI Bermuda), International General Insurance Company (UK) Ltd., and International General Insurance Co. (Europe) Ltd. S&P also upgraded the ... Read the full article
Malcolm Barnes to lead IGI’s Specialty Treaty business
27th October 2025
International General Insurance Holdings Ltd. (IGI) has appointed Malcolm Barnes as the Head of Specialty Treaty, based in its London office. In his new role, Barnes is responsible for building and managing the IGI’s specialty treaty reinsurance business, adding further depth and breadth as well as a dedicated London presence to ... Read the full article
IGI reports increased net income of $34.1m for Q2’25
6th August 2025
International General Insurance Holdings Ltd. (IGI) has announced its financial results for the second quarter of 2025, reporting a net income of $34.1 million, an increase of 3.9% over the $32.8 million reported for the second quarter of 2024, although the combined ratio increased to 90.5%. The annualized return on average ... Read the full article
IGI reports net income rise of 14.4% to $135m for FY’24
26th February 2025
International General Insurance Holdings Ltd. (IGI) has reported a net income increase of 14.4% for the full year 2024 (FY'24) to $135.2 million compared to $118.2 million in the prior year, although the firm’s Q4 2024 net income decreased to $30 million compared to $33 million in Q4 2023. Both periods ... Read the full article
IGI reports net income of $35m for Q3’24 amid rise in net premiums earned
6th November 2024
International General Insurance Holdings Ltd. (IGI), in its Q3 2024 results, has reported net income of $34.5 million compared to $10.9 million last year, driven primarily by an increase in net premiums earned (NPE) of $17.2 million. The increase in net income also included a decrease of $15.5 million in the ... Read the full article
IGI sees slight drop in net income for Q2 as CoR hits 81.2%
7th August 2024
IGI has revealed that net income for Q2 of 2024 was $32.8 million, down from $40.5 million in the same quarter of 2023, while its combined ratio was 81.2%, up from 73.5% in the same period last year. According to the firm, its net income was largely driven by underwriting income ... Read the full article
IGI to commence trading at Lloyd’s
8th May 2024
International General Insurance Holdings Ltd. (IGI), the global specialty risks commercial insurer and reinsurer, has announced that it will commence trading at the specialist Lloyd’s re/insurance marketplace for the first time from May 9th, 2024. IGI will trade across multiple business lines, with underwriting teams operating rotationally. The firm will be ... Read the full article
IGI reports Q1’24 CoR of 74.1% with 31% rise in underwriting income
8th May 2024
Re/insurer International General Insurance Holdings Ltd. (IGI) has reported a Q1 2024 combined ratio of 74.1%, an improvement of 4.3 points compared to 78.4% in Q1 2023. The re/insurer’s net income for this quarter increased 11.8% to $37.9 million from $33.9 million in Q1 2023, primarily driven by an increase of ... Read the full article
IGI reports improved combined ratio as Q4’23 underwriting income rises to $43.5m
13th March 2024
International General Insurance Holdings Ltd. (IGI) has reported a 10.3 percentage point improvement in its combined ratio for Q4 2023 to 81.8% and growth in underwriting income to $43.5 million, as net income increased to $33 million in the period. For the quarter, gross written premiums (GWP) were $164.9 million, an ... Read the full article
IGI anticipates full year 2023 net income to hit $118.2m
1st March 2024
In its preliminary results, International General Insurance (IGI) has revealed that full year 2023 net income will reach $118.2 million, up from $89.2 million in 2022. IGI also anticipates an increase in gross written premiums to $688.7 million for the full year 2023, representing growth over 2022 of 18.3%. Meanwhile, book value ... Read the full article
IGI sees net income increase 84.1% to $40.5m in Q2
16th August 2023
International General Insurance Holdings Ltd. (IGI) has reported that net income in Q2 increased 84.1% to $40.5 million, with a combined ratio of 73.5%, as the firm continued to benefit from sustained hard market conditions in many of its reinsurance and short-tail lines, and a "more favourable investment environment." IGI explained ... Read the full article
Waleed Jabsheh to succeed Wasef Jabsheh as IGI CEO
26th June 2023
The Board of Directors of International General Insurance Holdings have announced that effective July 1, 2023, founder and current Chairman and CEO Wasef Jabsheh will become Executive Chairman, while current President Waleed Jabsheh will assume the role of CEO. According to IGI, these changes come as part of the succession plan ... Read the full article
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