IGI SPAC Presentation Deck

Reinsurance Program and Strategy to Mitigate Risk Reinsurance strategy to protect capital and optimize underwriting profitability Protection Retention Before FAC Catastrophe Risk ▪ Reinsurance strategy combination of quota share, facultative and XOL coverage ▪ Coverage tailored according to the underlying exposure ▪ Reinsurance panel consists of highly-rated reinsurers ▪ Retentions range between $1mm and $10mm depending on underlying business lines ▪ Catastrophe protection up to $87.5mm which protects against 1:250 single-event Net PML of $14mm in 1:250 event International General Insurance Holdings Limited 34

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