Behind the Headlines: IGI’s Waleed Jabsheh eyes ongoing expansion in reinsurance
Description
IGI’s premium income has almost doubled since it listed in 2020, but how can growth still be achieved in a soft market?
President and CEO Waleed Jabsheh tells Behind the Headlines that there is still fertile ground to expand its ‘relatively small’ reinsurance portfolio, and that the company is targeting specialty treaty business.
But as the soft pricing cycle ramps up, the executive said that he is prepared to walk away from inadequately priced business, and underwriting profitability will always come first.
He explained that the company’s attitude is not top line driven, and he has no intention of deploying capital ‘for the sake of it’.
Plus, Insurance Insider’s Sam Casey explains what is fuelling the increasing interest in the active assailant market.
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