Reinsurance News
International General Insurance Holdings
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 growth in reinsurance premiums in Q3’23
15th November 2023
Insurer and reinsurer International General Insurance Holdings Ltd. (IGI) has reported reinsurance gross written premiums (GWP) for the third quarter of 2023 of $15.3 million, up 140% year-on-year, as the carrier took advantage of improved pricing. The company’s reinsurance segment represented approximately 10% of the total GWP for Q3 2023. Net ... Read the full article
IGI reports a combined ratio of 78.4% for Q1 2023 as GWP rises 38%
17th May 2023
International General Insurance Holdings Ltd. (IGI) has reported its financial results for Q1 2023, where the combined ratio of the company was 78.4%, compared to 71.8% for Q1 2022. The increase was primarily the result of a higher loss and loss adjustment expense ratio. Wasef Jabsheh, the IGI Chairman and CEO ... Read the full article
IGI completes acquisition of Norwegian MGA Energy Insurance Oslo
15th March 2023
International General Insurance Holdings Ltd. (IGI), has completed its acquisition of Norway-based managing general agency, Energy Insurance Oslo AS (EIO). The transaction was first announced in August last year, and was originally expected to close during Q322. IGI noted that the acquisition includes all outstanding shares of EIO. The entity, which ... Read the full article
IGI reports strong rise in net underwriting in Q2 results
19th August 2022
International General Insurance Holdings Ltd. (IGI) has reported a net underwriting result of $40.4 million for the second quarter of 2022, a huge increase compared to $20.9 million from the prior year period. At the same time gross written premiums for the quarter were $176.4 million, representing a 6.2% growth compared ... Read the full article
IGI gets regulatory nod for go-public Tiberius deal
31st January 2020
International General Insurance Holdings (IGI), the specialist commercial re/insurer, has received regulatory approval from the Bermuda Monetary Authority (BMA) for its planned business combination with Tiberius Acquisition Corp., which will result in the public listing of IGI. First announced back in October 2019, this deal prices IGI at approximately 1.26x ... Read the full article
IGI announces public listing via $400mn Tiberius deal
11th October 2019
International General Insurance Holdings (IGI), the specialist commercial re/insurer, has entered into a business combination agreement with special purpose acquisition firm Tiberius Acquisition Corp., which will result in the public listing of IGI. The agreement prices IGI at approximately 1.26x its book value of $316 million (as of June 30, 2019), ... Read the full article
IGI’s underwriting profit up by 9% in the first-half of 2019
27th August 2019
Dubai headquartered insurer International General Insurance Holdings (IGIH) has reported a 9% increase in underwriting profit to $25.88 million for the first-half of 2019, compared with $23.75 million in the same period in 2018. At $13.75 million, the firm's H1 2019 net profit increased from the $11.02 million recorded a year ... Read the full article
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