IGI reports Q1’24 CoR of 74.1% with 31% rise in underwriting income

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Reinsurance News - May 08, 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 a...

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