Investor Presentaiton
Developments
Financial Performance
Overview Q2 2022
$176.4 million
Gross Written Premium
$40.4 million
Net Underwriting Results
74.8%
Combined Ratio
30.0%
Core Operating ROAE
Compared to $166.1 mm in
Q2'21
Compared to $20.9 in Q2'21
Compared to 92.3% in
Q2'21
Compared to 9.1% in
Q2'21
Premium growth of 6.2% driven by new business
and portfolio optimization achieving rate
increases and improved terms and conditions
Increase of 93.3% driven by disciplined and
opportunistic underwriting, and a lower level of
losses
17.5pt improvement driven by higher earned
premium and 5.7pts favorable reserve
development
20.9pt improvement due to higher earned
premium, a lower level of losses, and favorable
development
Continued commitment to underwriting strategy with focus on profitable growth, niche coverages and diversification;
proposed acquisition of Oslo-based energy MGA to build Scandinavian business; on-the-ground presence in Bermuda
with expected near-term buildout of reinsurance treaty business
Share repurchase authorization of up to 5 million shares; repurchases YTD 2022 (as of August 16, 2022) 35,356
common shares at an average price per share of $7.51
Strong relationships with brokers/clients based on deep technical expertise in markets with niche coverages, high-
quality proactive claims service, and demonstrated ability to shift underwriting focus with market opportunities
International General Insurance Holdings Ltd.
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