IGI Q3 CoR jumps 12.8 points to 86%, partially fuelled by heavy global cat losses
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IGI Q3 CoR jumps 12.8 points to 86%, partially fuelled by heavy global cat losses

Losses were attributed to the Taiwan earthquake and flooding in Middle East and Europe.

By Clark Mindock
November 05, 2024
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International General Insurance’s (IGI) Q3 combined ratio deteriorated 12.8 points to 86% compared to the prior year quarter, driven by heavy global cat losses and unfavourable prior-year reserve development.

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