Recent Ratings Recaps – IGI Jordan
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.
Popular Today
- Update: Fannie Mae Guidelines Raise Concerns, Could Bar ACV Coverage for Homes
- Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court
- The Top 15 U.S. Metros with High Exposure to Wildfire Risk
- People Moves: Everest Names US Regional Execs to North America Insurance Leadership