English
Français
International General Insurance (IGI) closed the first two quarters of 2025 with a turnover of 394.3 million USD, up 1.9% year-on-year.
Net profit stood at 61.4 million USD, declining 13.2% compared to the same period in 2024. The underwriting result dropped by 13.2% to 63 million USD, while investment income fell 11.7% year-on-year to 28.8 million USD.
The combined ratio deteriorated sharply by 14.7 percentage points, rising to 92.4% from 77.7% in the first half of 2024.
IGI’s results were also negatively impacted by the depreciation of the US dollar.
