IGI’s Q3 operating income more than doubles
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IGI’s Q3 operating income more than doubles

IGI logo Malta.jpg

IGI has reported third-quarter core operating income of $15.4mn, a 140.6% increase year on year, as net earned premiums grew and claims and expenses fell.

Combined ratio: IGI’s combined ratio improved by 8.7 percentage points to 85%. IGI said it benefited from increasing net premiums and favorable development of loss reserves from prior accident years during the quarter.

Investments:

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