IGI treaty rates rose 30% in Q1, PV increased 40%: Jabsheh
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IGI treaty rates rose 30% in Q1, PV increased 40%: Jabsheh

IGI Waleed Jabsheh London.jpg

International General Insurance (IGI) president Waleed Jabsheh said the carrier saw treaty net rate rises of 30% across its reinsurance portfolio in Q1 driven by constrained capacity.

On a call with analysts, he said, “We're continuing to see increasingly strong momentum [in reinsurance].”

“Market conditions at this point in time are, on the treaty side, probably the best we've seen in the 21-year history of IGI,” he...

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