IGI to acquire MGA Energy Insurance Oslo
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IGI to acquire MGA Energy Insurance Oslo

IGI Waleed Jabsheh London.jpg

Bermuda specialty and reinsurance group International General Insurance (IGI) has signed a non-binding letter of intent to acquire Energy Insurance Oslo (EIO), a Norway-incorporated MGA.

The proposed transaction comprises the acquisition of 100% of EIO’s shares.

IGI and EIO intend to enter into a binding definitive agreement pending satisfactory completion of due diligence and subject to regulatory approval.

IGI

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