IGI: first quarter 2023 results

IGIAs of 31 March 2023, International General Insurance (IGI) reported a turnover of 173.9 million USD, up 37.6% over one year.

The quarterly profit grew by 52.7% to 33.9 million USD compared to the same period in 2022.

The underwriting result fell to 39.8 million USD, decreasing by 4.6%. The combined ratio lost 6.6 points to stand at 78.4%.

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