IGI SPAC Presentation Deck

3 Disciplined Risk Selection and Prudent Risk Management Framework 5 Year Average Claim & Claim Expense Ratio 100% 80% 60% 40% 20% 0% Prudent, Sound Underwriting Focused on Profitability(¹) Property(2) Engineering 100% 90% 80% Energy Aviation Political Violence Reinsurance Professional Liability & Financial Institution Lines Marine Ports and Terminals 70% 60% 50% 40% 30% 20% 10% 0% 2018 Declinature Rate(³) (2) Includes 4 year average claim & claim expense ratio for Forestry, which commenced in 2015. (3) % of applications declined by line of business. (4) Equity balance as of 12/31/2017. (5) Peers include ARGO, RLI, JRVR, KNSL, AXS, MKL, WRB, RE, RNR, LRE and BEZ. 2017 AY Cat Losses as a % of Equity(4) International General Insurance Holdings Limited 7.6% IGI 19-Sep-17 Mexico Earthquake Average Examples of 2017 Cat Losses as of 9/30/19 ($mm) Hurricane Maria 07-Sep-17 Mexico Earthquake Hurricane Irma $0.7 ($1.2) $3.3 10.2% $13.0 $24.6 (5) $20.6 $35.8 Selective Underwriting with Focus on Loss Mitigation and Capital Preservation Source: Management information. Note: Financial statements of IGI have been prepared in accordance with International Financial Reporting Standards (IFRS), as adopted by the International Accounting Standards Board. (1) Size of bubble based on IGI's 2018 GPW. $47.9 ■ Gross Net 14

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