IGI's CoR improves 17.5 points to 74.8% in Q2
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IGI's CoR improves 17.5 points to 74.8% in Q2

IGI logo bermuda.jpg

Bermuda-based IGI reported a 17.5-point improvement in its combined ratio to 74.8% in the second quarter. 

The decline in the combined ratio was driven by an increase in net premiums earned, favorable development of net loss reserves from prior accident years and the currency devaluation impact on loss reserves denominated in pounds and euros.


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