Tuesday, March 3, 2026

IGI sees blended nine-month outcomes amid forex headwinds

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The loss ratio for the third quarter was 39.3%, in comparison with 51.5% within the prior 12 months, with the advance attributed to a decrease degree of huge loss exercise and the forex devaluation of non-US greenback loss reserves. For the 9 months, the loss ratio was 49.3%, up from 45.3% in 2024, influenced by disaster losses of $45.8 million and forex revaluation actions.



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