AM Best indicated the key factors in its decision were IGI's:
- balance sheet strength, underpinned by risk-adjusted capitalization "at the strongest level"
- strong operating performance, supported by robust and disciplined underwriting performance over the long-term
- well-diversified business profile by line of business and geography with a high-quality reinsurance panel
- well-developed enterprise risk management (ERM)
WasefJabsheh, IGI Chairman and CEO, said:
"We are pleased that AM Best has reaffirmed our financial strength ratings at A/Stable, while noting all of the qualities which we are most proud of - our strong balance sheet and risk culture, focused underwriting capabilities, and our long-standing track record of delivering consistently solid results. This is a testament to the hard work and commitment of the whole IGI team."