IGI appoints new chief actuary from Capsicum Re

International General Insurance Holdings (IGI) has appointed Stephen Rix as its new chief actuary from Capsicum Re.

IGI is registered in the Dubai International Financial Centre with operations in Bermuda, Jordan, UAE, Malaysia, Morocco and a wholly owned subsidiary in the UK.

Rix was most recently head of analytics at Capsicum Re. Before that he was chief actuary at Liberty Speciality Markets. He will be based in IGI’s London office.

Waleed Jabsheh, executive director of IGI UK, said: “We are delighted to have Stephen join us at IGI. He is well respected in the market and will help to advance the company’s actuarial potential. He will bring to IGI his expertise in using state-of-the-art technology and data management to develop pricing, reporting, analytical and business planning.

The IGI group underwrites a worldwide portfolio of energy, property, engineering, casualty, legal expenses, directors and officers, financial institutions, general aviation, ports & terminals, marine liability, political violence, forestry and reinsurance treaty business.

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

MS&AD seeks acquisitions, growth outside Japan 

Hurricane Michael insured losses estimated at $8bn

Top UK, US insurtech firms revealed in InsurTech 100 global list

Former CEO Fonseca resurfaces as Brokerslink chairman

Liberty forms new global financial risk unit with LSM, Ironshore experts

The Hanover expands financial institutions business with Allianz hire

RGA, RenRe backed Langhorne Re reveals CEO of US subsidiaries

Liberty makes senior hire from Ironshore in Europe

Insurtech iX Technology appoints exec chair from Canopius

Don't miss our insurtech email newsletter - sign up today