The lower core operating income year on year was primarily the result of a 6-point increase in the current accident-year loss ratio of 55.8%.
IGI Q2 core profit falls 13% on weaker underwriting result
![IGI logo Dubai.jpg](https://assets.euromoneydigital.com/dims4/default/14eba92/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F47%2F78%2Fa7f241634f72ac1e5190233ba4bd%2Figi-logo-dubai.jpg)
The lower core operating income year on year was primarily the result of a 6-point increase in the current accident-year loss ratio of 55.8%.