Igi

AM Best Assigns Credit Ratings to International General Insurance Company (Europe) SE

Retrieved on: 
Friday, July 30, 2021
Insurance, Professional services, Credit rating agencies, AM Best, Igi, Credit rating, Insurance, Economy, Articles

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a (Excellent) to International General Insurance Company (Europe) SE (IGI Europe) (Malta).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a (Excellent) to International General Insurance Company (Europe) SE (IGI Europe) (Malta).
  • The company is a wholly owned subsidiary of International General Insurance Co. Ltd. (IGI Bermuda).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

IGI to Release Second Quarter and Half Year 2021 Financial Results on August 12, 2021

Retrieved on: 
Wednesday, July 21, 2021
Professional services, Insurance, Finance, Actuarial science, Reinsurance, Insurance, Underwriting, Igi

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Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that it expects to release financial results for the second quarter and half year ended June 30, 2021, on Thursday, August 12, 2021, after the close of the financial markets.
  • The Company will host an investor teleconference, including a question-and-answer period, on Friday, August 13, 2021, at 9:00 a.m. Eastern time to discuss the second quarter and half year 2021 financial results.
  • A live, listen-only webcast of the call will also be available via the Investors section of the Companys website at www.iginsure.com .
  • IGI is an international specialty risks commercial insurer and reinsurer underwriting a diverse portfolio of specialty lines.

IGI Granted Approval for a European Subsidiary in Malta

Retrieved on: 
Tuesday, July 13, 2021
Professional services, Insurance, Finance, Igi, Malta Financial Services Authority, Creative works, Literature, Industrial and General Insurance Company

International General Insurance Company (Europe) SE (IGI Europe), a subsidiary of Bermuda-based International General Insurance Co. Ltd., has been granted licensing by the Malta Financial Services Authority (MFSA) and is authorized to begin writing business.

Key Points: 
  • International General Insurance Company (Europe) SE (IGI Europe), a subsidiary of Bermuda-based International General Insurance Co. Ltd., has been granted licensing by the Malta Financial Services Authority (MFSA) and is authorized to begin writing business.
  • IGI also announced that Keith Mallia-Milanes has joined IGI as Chief Executive Officer of IGI Europe.
  • Operating from Malta presents a good business growth opportunity and will better enable IGI to service European clients.
  • IGI has a well-established reputation as an agile and disciplined underwriter, and IGI Europe will deliver that focus and ingenuity to the European market.

IGI’s Financial Strength Ratings Reaffirmed by S&P Global

Retrieved on: 
Thursday, June 17, 2021
Consulting, Professional services, Insurance, Finance, Igi, Reinsurance, IGIS, S&P Global Ratings, Insurance, Reinsurance companies, Finance, Money, Service companies

International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that S&P Global Ratings has affirmed its financial strength ratings at A- with a Stable outlook.

Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that S&P Global Ratings has affirmed its financial strength ratings at A- with a Stable outlook.
  • The ratings apply to IGIs two subsidiaries International General Insurance Co. Ltd. (Bermuda) and International General Insurance Company (UK) Ltd.
  • S&P noted IGIs financial outperformance relative to other 'A-' rated reinsurer peers, while growing and diversifying its premium base.
  • IGI President Waleed Jabsheh said, We are pleased that S&P has reaffirmed our financial strength ratings at A- with a Stable outlook, and particularly gratified by the recognition of the quality growth and continued diversification we achieved in 2020.

Cellino CEO Dr. Nabiha Saklayen Awarded Inaugural Tory Burch Fellowship at the Innovative Genomics Institute

Retrieved on: 
Thursday, May 20, 2021
Health, Technology, Other Technology, Other Science, General Health, Research, Science, Awards, Howard Hughes Medical Investigators, Tory Burch, Igi, Jennifer Doudna, Fashion, Burch, Science and technology awards, the Tory Burch Foundation, the Innovative Genomics Institute, Cellino, THE TORY BURCH FOUNDATION, THE INNOVATIVE GENOMICS INSTITUTE, CELLINO

b'Cellino , a personalized regenerative medicine company developing an AI-guided laser editing platform for autologous cell-based therapies, today announced that its CEO Dr. Nabiha Saklayen has been awarded the first Tory Burch Fellowship at the International Genomics Institute (IGI).\nThis press release features multimedia.

Key Points: 
  • b'Cellino , a personalized regenerative medicine company developing an AI-guided laser editing platform for autologous cell-based therapies, today announced that its CEO Dr. Nabiha Saklayen has been awarded the first Tory Burch Fellowship at the International Genomics Institute (IGI).\nThis press release features multimedia.
  • They face the same barriers that women entrepreneurs typically face, including limiting stereotypes and a lack of access to capital, education and networks.
  • This Fellowship program is the Tory Burch Foundation\xe2\x80\x99s first contribution to the vital issue of women in STEM and we could not be more thrilled to be partnering with brilliant, trailblazing Jennifer Doudna and the Innovative Genomics Institute,\xe2\x80\x9d said Tory Burch, CEO at Tory Burch.\n"Part of our mission at the Innovative Genomics Institute is to be the bridge from research to real-world impact,\xe2\x80\x9d said Dr. Doudna.
  • We are delighted to partner with the Tory Burch Foundation and welcome Dr. Saklayen as our first fellow.\xe2\x80\x9d\n\xe2\x80\x9cI am honored to receive the first Tory Burch Fellowship at the IGI and have Nobel Prize Laureate Dr. Jennifer Doudna and leading designer and entrepreneur Tory Burch as mentors,\xe2\x80\x9d said Nabiha Saklayen, Ph.D., CEO and Co-Founder at Cellino.

IGI to Release Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021

Retrieved on: 
Thursday, February 18, 2021
Professional services, Insurance, Finance, Actuarial science, Reinsurance, Igi, NASDAQ, Finance, Service companies, Money

International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that it expects to release financial results for the fourth quarter and full year 2020, on Thursday, March 11, 2021, after the close of the U.S. financial markets.

Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that it expects to release financial results for the fourth quarter and full year 2020, on Thursday, March 11, 2021, after the close of the U.S. financial markets.
  • The results, along with an accompanying slide presentation deck, will be posted in the Investors section of the Company website at www.iginsure.com .
  • The Company will host an investor teleconference, including a question and answer period, on Friday, March 12, 2021, at 9:00 a.m. Eastern time to discuss the fourth quarter and full year 2020 financial results.
  • IGI is an international specialist commercial insurer and reinsurer underwriting a diverse portfolio of specialty lines.

IGI Named ‘Reinsurance Company of the Year’ at the 7th Middle East Insurance Industry Awards

Retrieved on: 
Monday, November 23, 2020
Professional services, Insurance, Finance, Reinsurance companies, Igi, Reinsurance, Dubai International Financial Centre, Insurance, Finance

International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that it has been named Reinsurance Company of the Year at the Middle East Insurance Industry Awards (MIIA), held virtually on November 22, 2020.

Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that it has been named Reinsurance Company of the Year at the Middle East Insurance Industry Awards (MIIA), held virtually on November 22, 2020.
  • The MIIA, organised by the Middle East Insurance Review and supported by the Dubai International Financial Centre (DIFC), the DIFC Insurance Association, Afro-Asian Federation of Insurance and Reinsurance (FAIR) and the General Arab Insurance Federation (GAIF), are held annually to recognise and reward excellence in the insurance and reinsurance sector in the MENA region.
  • IGI was noted for its leadership standards, underwriting discipline, efficient claims service, diversity and inclusion initiatives, and corporate social responsibility, including support of cancer research and educational scholarships.
  • IGI Chairman and CEO Wasef Jabsheh said, I am delighted that IGI has been named Reinsurance Company of the Year at the MIIA.

IGI to Release Third Quarter 2020 Financial Results on November 12, 2020

Retrieved on: 
Tuesday, October 20, 2020
Professional services, Insurance, Finance, Actuarial science, Reinsurance, Igi, Insurance

International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that it expects to release financial results for the third quarter and nine months ended September 30, 2020, on Thursday, November 12, 2020, after the close of the U.S. financial markets.

Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that it expects to release financial results for the third quarter and nine months ended September 30, 2020, on Thursday, November 12, 2020, after the close of the U.S. financial markets.
  • The results, along with an accompanying slide presentation deck, will be posted on IGIs website at www.iginsure.com .
  • IGI is an international specialist commercial insurer and reinsurer, underwriting a diverse portfolio of specialty lines.
  • IGI is rated A (Excellent)/Stable by AM Best and A-/Stable by S&P Global Ratings.

IGI’s Financial Strength Ratings Affirmed by AM Best

Retrieved on: 
Monday, October 12, 2020
Professional services, Insurance, Finance, Actuarial science, Reinsurance, Igi, Insurance, Reinsurance companies

International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that AM Best has reaffirmed its financial strength ratings at A (Excellent) with a Stable outlook.

Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that AM Best has reaffirmed its financial strength ratings at A (Excellent) with a Stable outlook.
  • IGI is an international specialty insurer and reinsurer, underwriting a diverse portfolio of specialty lines.
  • IGI is rated A (Excellent)/Stable by AM Best and A-/Stable by S&P Global Ratings.
  • There can be no assurance that IGIs financial condition or results of operations will be consistent with those set forth in such forward-looking statements.

IGI Announces Repurchase Authorization for Common Shares and Warrants

Retrieved on: 
Tuesday, September 29, 2020
Professional services, Insurance, Finance, Actuarial science, Reinsurance, Igi, Repurchase agreement

International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that its Board of Directors has approved a repurchase authorization, under which the Company may repurchase its common shares and/or warrants for an aggregate consideration of up to $5 million.

Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced that its Board of Directors has approved a repurchase authorization, under which the Company may repurchase its common shares and/or warrants for an aggregate consideration of up to $5 million.
  • The timing and volume of any repurchases under this authorization will be determined by IGI at its discretion and pursuant to the Company's capital management strategy.
  • The repurchase authorization does not obligate the Company to repurchase any minimum number of securities and may be modified, suspended, or discontinued at any time.
  • IGI is an international specialist commercial insurer and reinsurer, underwriting a diverse portfolio of specialty lines.