International General Insurance Holdings Ltd. (IGIC) has released an update.
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International General Insurance Holdings Ltd. (IGI) has reported a strong start to 2024 with a notable 11.8% increase in net income to $37.9 million for Q1, compared to the previous year. Underwriting income saw a significant rise of 30.7%, and the combined ratio improved to 74.1%, indicating a robust financial performance. This positive momentum is underpinned by growth in gross written premiums and disciplined underwriting practices, positioning the company well for sustainable shareholder value.
For further insights into IGIC stock, check out TipRanks’ Stock Analysis page.
