IGI’s Q4 operating income more than doubles to $13.6mn
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IGI’s Q4 operating income more than doubles to $13.6mn

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IGI has reported fourth-quarter core operating income of $13.6mn, a 202% increase year-on-year, as net earned premiums grew and claims and expenses fell.

Combined ratio: IGI’s combined ratio improved by 13 percentage points to 83.8%. The company said it benefited from increasing net earned premiums and favorable development of loss reserves from prior accident years during the quarter.

Investments:

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