IGI reports Q1’24 CoR of 74.1% with 31% rise in underwriting income
Share!
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...
Recommended Articles
Brazil floods: rising toll and mounting economic losses, says Aon
Posted: May 17, 2024
Following recent floods in the Brazilian state of Rio Grande do Sul, the region grapples with escala...
HITRUST and Trium Cyber introduce exclusive cyber insurance
Posted: May 17, 2024
Trium Cyber announces its partnership with HITRUST. This collaboration introduces an exclusive cyber...
Most insurance customers expect faster claims processing: Sollers Consulting
Posted: May 17, 2024
Insurers expected to intensify claims automation efforts as customers consider quick claims processi...