IGI sees 27% growth in revenue for first half
International General Insurance Holdings Ltd (IGI) has reported 27% year-on-year growth in gross written premiums for the first half of 2020, to $236.5 million.
For the second quarter, IGI’s gross written premiums grew 29.2% to $137.3 million. The increase was attributed by the company to new business generated across virtually all lines, as well as improved renewal pricing. Amid a firming market, IGI said that it also took the opportunity to further refine its existing portfolio, achieving improved terms and conditions.