IGI posts strong results, aided by reserve releases and investment returns
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IGI posts strong results, aided by reserve releases and investment returns

Bernard Goyder
May 20, 2021
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Reserve releases and a jump in investment income helped IGI achieve a profit of $14.5mn in Q1, compared with a loss of $900,000 in the prior-year period.

IGI’s combined ratio deteriorated by 3.3 points to 84.6%, driven by exchange rate movements, as the company’s loss and loss adjusting ratio grew 3.7

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