S&P indicated the key factors in its decision were:
- Strong risk-based capital adequacy and strong risk controls to manage IGI's key risk exposures;
- Track record of technical outperformance relative to sector peers;
- Experienced management team with a proven history of attracting high-calibre technical and underwriting staff.
IGI is an international specialty insurer and reinsurer, underwriting a diverse portfolio of specialty lines. Established in 2001, IGI is an entrepreneurial business with a worldwide portfolio of energy, property, construction & engineering, ports & terminals, financial institutions, casualty, legal expenses, general aviation, professional indemnity, marine liability, political violence, forestry and reinsurance treaty business. Registered in Bermuda, with operations in Bermuda, London, Dubai, Amman, Labuan and Casablanca, IGI always aims to deliver outstanding levels of service to clients and brokers. IGI is rated "A" (Excellent)/Stable by AM Best and "A-"/Stable by S&P Global Ratings.
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