IGI: ‘undervalued’ powerhouse with Europe in sights

“There is no secret recipe to a low combined ratio. The key is to stay disciplined, stay prudent, focus on the business that makes sense and have the strength and ability to walk away from the business that doesn’t.”

That is the message of Waleed Jabsheh, the chief executive of International General Insurance (IGI), who is pleased with his results. In the second quarter, the company posted a 73.5 percent combined ratio and a 36.1 percent return on average equity.