Standard & Poor’s Ratings Services sees no ratings affect for Jordanian insurer International General Insurance Co. Ltd. Jordan (IGI Jordan) rated “BBB” with a positive outlook. S&P’s comment addressed the the recent announcement that the Bermuda Monetary Authority has approved its application to set up as a class three reinsurer. IGI Bermuda will be the main underwriting company of the group, and the Amman, Jordan office will continue to be the focal underwriting center. This is in line with the expectations in S&P’s positive outlook.
Was this article valuable?
Here are more articles you may enjoy.
Nine-Month 2025 Results Show P/C Underwriting Gain Skyrocketed 
US Appeals Court Rejects Challenge to Trump’s Efforts to Ban DEI 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
