A.M. Best has affirmed the financial strength rating of “A- (Excellent)” and the issuer credit rating “A-“ of International General Insurance Company (IGI) for its Bermuda and UK operations.
A.M. Best said the ratings of IGI “reflect its solid risk-adjusted capitalisation, consistently good technical performance and diversified business profile”.
Wasef Jabsheh, CEO of IGI, commented: “We are delighted with the rating affirmation. A.M. Best pointed to our prudent risk selection and focus on profitability over top-line growth. We are writing high quality business and the rating recognises the strength of our philosophy and strategy.”
He added: “We are continuing to expand geographically whilst diversifying our product range. The business is in robust health and is growing.”
