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MARC Ratings has affirmed its insurer financial strength rating of AA+ with a stable outlook on Bermuda-based International General Insurance Co Ltd (IGI). The rating is based on Malaysia’s national scale. The rating affirmation reflects IGI’s healthy capitalisation level, prudent reserving approach, and resilient performance underpinned by a well-diversified underwriting portfolio across...
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MARC Ratings has affirmed its insurer financial strength rating of AA+ with a stable outlook on Bermuda-based International General Insurance Co Ltd (IGI). The rating affirmation continues to be driven by IGI’s well-diversified underwriting portfolio across business lines and countries, and a strong capitalisation level that remains supportive of growth. These strengths are underscored by a prud...
This article has been viewed 380 times.
MARC has affirmed its insurer financial strength rating of AA+ with a stable outlook on International General Insurance Co Ltd (IGI). The Bermuda-based insurer’s strong premium growth, well-diversified underwriting portfolio and strong capitalisation remain key rating drivers. A key moderating factor is IGI’s moderate asset size which stood at US$1.3 billion as at end-2020.IGI is a specialty i...
This article has been viewed 512 times.
MARC has affirmed its insurer financial
strength rating of AA+ with a stable outlook on International General
Insurance Co Ltd (IGI).The affirmed rating is mainly driven by IGI’s
well-diversified underwriting portfolio across business lines and geographies as
well as its strong capitalisation level to support growth. These strengths are
underscored by a prudent approach to reserving policy....
This article has been viewed 823 times.
MARC has affirmed its insurer financial strength rating of AA+ with a stable outlook on International General Insurance Co Ltd (IGI).
The rating affirmation is driven by IGI’s healthy capitalisation, sound liquidity profile and a well-diversified underwriting portfolio that has been able to withstand the impact of catastrophic events in 2017. IGI is a specialty insurer with total assets of...
This article has been viewed 853 times.
MARC has affirmed its insurer financial strength rating of AA+ with a stable outlook on International General Insurance Co Ltd (IGI).
The rating affirmation reflects IGI’s strong capitalisation level and prudent reserving policy as well as proactive underwriting approach that have enabled the insurer to withstand the impact from periodic catastrophic events. Moderating the rating are the ...
This article has been viewed 1088 times.
MARC has affirmed the insurer financial strength rating of AA+ on Bermuda-based International General Insurance Co. Ltd. (IGI) with a stable outlook. The rating is based on Malaysia’s national rating scale. The rating affirmation mainly reflects IGI’s strong capitalisation level and well-diversified portfolio, underpinned by a prudent underwriting approach. The rating is moderated by IGI’s ...
This article has been viewed 1246 times.
MARC has affirmed its insurer financial strength rating of AA+ on Bermuda-based International General Insurance Co. Ltd. (IGI) with a stable outlook. The rating is based on Malaysia’s national rating scale. The rating affirmation reflects mainly IGI’s strong capitalisation level and well-diversified portfolio, underpinned by a prudent underwriting approach. The rating is moderated by IGI’s ...
This article has been viewed 1323 times.
MARC has assigned an insurer financial strength rating of AA+ to Bermuda-based International General Insurance Co. Ltd. (IGI). The outlook on the rating is stable. The assigned rating reflects MARC’s assessment on the ability of IGI to meet its insurance obligations on Malaysia’s national rating scale. The rating considers IGI’s competitive underwriting capabilities, diverse bus...
This article has been viewed 1412 times.