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IGI’s underwriting income rises to $37.7m as CoR improves to 89.1% in Q1’26
ReinsuranceNe.ws· 2026-05-06 20:30
IGI attributed the improvement in underwriting income International General Insurance Holdings Ltd. (IGI), a specialist commercial insurer and reinsurer, has reported underwriting income of $37.7 million for the first quarter of 2026, up 35.1% from $27.9 million in the same period a year earlier, with an improved combined ratio of 89.1% compared to 94.4%. IGI reported a net income of $21.7 million, a decrease from $27.3 million a year earlier. Core operating income, a non-GAAP financial measure, stood at $2 ...