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.
Bumble, Panera Bread, CrunchBase, Match Hit by Cyberattacks 
Kin Moves Into Florida and Texas With Home-Auto Bundle Products 
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says 
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 
