IGI
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The company has written over $100mn in gross premium in the US this year. -
The Insurance Insider US news team runs you through the earnings results for the day.
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IGI expects mid to high single digit GWP growth for the remainder of the year.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Property, PV and energy lines are driving the carrier’s growth, offsetting long-tail declines
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The firm has experienced cumulative property rate increases of over 15%, while its treaty business is seeing rate rises of over 26%.
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Inside P&C’s news team runs you through the earnings results for the day.
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IGI Q2 CoR falls 1.4 pts to 73.5% as higher earned premiums offset increased net losses
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The executive said IGI is seeing similar trends in treaty rate renewals during the second quarter of the year.
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The (re)insurer’s losses were driven by various cat events, including the earthquake in Turkey and flooding in New Zealand from Cyclone Gabrielle, both in February.
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The Bermudian’s underwriting profit and combined ratio worsened due to an increase in claims.
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