IGI SPAC Presentation Deck slide image

IGI SPAC Presentation Deck

Investment Highlights IGI 1 2 3 4 5 6 7 8 9 Market Respected and Recognized Management Team Multi-Line Specialty (Re)Insurer Individual Risk Selection & Underwriting Differentiated Geographical Footprint Scalable Operating Platform Conservative Balance Sheet and Capital Management Demonstrated Track Record of Total Value Creation Low Volatility Returns Well Defined Levers for Value Creation ■ ■ ■ ■ ■ Management has received numerous industry awards and is recognized for its client service Well-diversified book of 17 business lines (including sub-classes) spanning across attractive specialty and niche products Prudent, sound individual risk underwriting focused on profitability and capital preservation generating a 91% average combined ratio over the last 10 years Geographical spread of 200+ countries with access to both mature markets and faster-growing, underpenetrated markets with attractive growth rates Highly efficient and scalable infrastructure with cost efficient back office operations in Amman Solid capital adequacy levels backed by rigorous reserving process, no financial leverage & prudent reserving philosophy with 12% of favorable development over last 5 years 17 year track record of creating shareholder value through superior underwriting, capital mgmt. and conservative investing delivering a 350% return for shareholders since inception Strong Unlevered ROE of ~10% delivered with low volatility returns through market cycles Clearly identified near-term growth and ROE enhancing opportunities leveraging existing skills and market opportunities Demonstrated Track Record of Double-Digit Compounding of Tangible Book Value Plus Dividends Achieved Through Focused Underwriting, Strong Cycle Management, Conservative Investment Philosophy and Cost-Efficient Structure International General Insurance Holdings Limited 11
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