Welcome to IGI
International General Insurance Holdings Limited (‘IGIH’) is registered in the Dubai International Financial Centre (‘DIFC’) with operations in Bermuda (IGI Bermuda), the United Kingdom, Jordan and Malaysia.
IGI Bermuda is class 3B (re)insurer regulated by the Bermuda Monetary Authority (‘BMA’) and is the principal underwriting entity for the Group with the Jordan office (IGI Underwriting Company Limited Amman) providing all management, underwriting and operational functions.
IGI Bermuda is rated A-(Excellent) with a stable outlook By A.M. Best Company. This rating was reaffirmed in May 2010.
The Group also has a subsidiary company in Labuan, Malaysia registered as a first tier reinsurer which is regulated by the Labuan Financial Services Authority (‘LFSA’) and this is supported by a branch in Kuala Lumpur providing marketing services.
The Group also has a marketing office in Dubai based in the DIFC and regulated by the Dubai Financial Services Authority (‘DFSA’).
IGIH is the sole shareholder in North Star Underwriting Limited a specialist marine underwriting agency based in London and regulated by the United Kingdom Financial Services Authority (‘UKFSA’).
The IGI Group commenced operations in March 2002 and has evolved as a major participant within its specialised lines of business. The Group underwrites a worldwide portfolio of energy, property, marine, engineering, financial institutions, general aviation and non-proportional reinsurance treaty business with the main geographical focus on the Afro – Asian markets.
IGIH has assets of more than US$ 500 million as at 31st March, 2010.