IGI to commence trading at Lloyd’s

International General Insurance Holdings Ltd. (IGI), the global specialty risks commercial insurer and reinsurer, has announced that it will commence trading at the specialist Lloyd’s re/insurance marketplace for the first time from May 9th, 2024.

IGI will trade across multiple business lines, with underwriting teams operating rotationally.

The firm will be located in the iconic Lloyd’s underwriting room at One Lime Street, in Box 330A, Gallery 3.

This establishment of a presence within the Lloyd’s room contributes to IGI’s strategic growth objectives by both increasing distribution and enhancing brand recognition.

Christopher Jarvis, Group Chief Underwriting Officer, IGI, commented, “This is an exciting move for IGI at a time when strategic and profitable growth is a priority for us.

“Having a company box in Lloyd’s underwriting room, in the heart of the London insurance marketplace, strengthens IGI’s profile and provides enhanced distribution capabilities in the most efficient manner.”

IGI recently reported a Q1 2024 combined ratio of 74.1%, an improvement of 4.3 points compared to 78.4% in Q1 2023, amidst 31% growth in underwriting.

The post IGI to commence trading at Lloyd’s appeared first on ReinsuranceNe.ws.

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