A.M. Best Affirms Ratings of International General Insurance Holdings Limited and Its Subsidiaries

(BUSINESS WIRE)-- Insurance and reinsurance rating agency A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) “A-” of International General Insurance Company Limited (IGI) (Bermuda) and International General Insurance Company (UK) Limited (IGI UK) (United Kingdom).

The news follows rating agency Standard & Poor's also reaffirming its “A-” insurer financial strength rating and counterparty credit ratings on IGI's Bermuda and UK operations earlier this month.

A.M. Best said the ratings of IGI “reflect its solid risk-adjusted capitalisation, consistently good technical performance and diversified business profile”.

“We are delighted with the rating affirmation,” said Wasef Jabsheh, CEO of IGI. “A.M. Best pointed to our prudent risk selection and focus on profitability over top-line growth. ...

Source : http://me-newswire.net//news/18357/en...