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IGI Appoints Stephen Rix as Chief Actuary

London, October 10, 2018; International General Insurance Holdings Limited (IGI) is pleased to announce the appointment of Stephen Rix as Chief Actuary.

 

Stephen has a broad and varied experience of insurance and reinsurance at senior executive level. Most recently, he was Head of Analytics at Capsicum Re and before that he was Chief Actuary at Liberty Speciality Markets. He will be based in IGI’s London office.

 

Waleed Jabsheh, the President of IGI and Executive Director of IGI UK, said. “We are delighted to have Stephen join us at IGI. He is well respected in the market and will help to advance the company’s actuarial potential. He will bring to IGI his expertise in using state-of-the-art technology and data management to develop pricing, reporting, analytical and business planning.

 

“His wealth of knowledge and experience in insurance and reinsurance will be vital for the company as it expands and grows,” Mr. Jabsheh said.

 

Stephen qualitied as a Fellow of the Institute and Faculty of Actuaries in 1989 and is also a Fellow of the Society of Actuaries in Ireland. He obtained a Bachelor of Science degree in Mathematics from the University of Manchester in 1984.

 

“IGI is a growing, ambitious and independent company. It is innovative both in its range of products and in its adoption of the latest technology and I’m excited to be joining the team,” said Mr Rix.

 

 

Ends

 

For further information, call Sarah Hills on +44 (0)7718 882011 or email sarah.hills@rein4ce.co.uk.

 

Aaida Abu Jaber, PR & Marketing Manager, IGI

T: +96265662082 Ext. 311

M: +962770415540

Email: Aaida.AbuJaber@iginsure.com  

Issued by rein4ce on behalf of International General Insurance Holdings Limited.

 

About IGI:

 

International General Insurance Holdings Limited is registered in the Dubai International Financial Centre with operations in Bermuda, Jordan, UAE, Malaysia, Morocco and a wholly owned subsidiary in the U.K.

IGI Bermuda is a class 3B (re)insurer regulated by the Bermuda Monetary Authority. This subsidiary is the principal underwriting entity for the Group. The Group also has a branch in Labuan, Malaysia, registered as a second-tier offshore reinsurer.

Both IGI Bermuda and IGI UK are rated A- with a stable outlook by Standard & Poor’s and A- (Excellent) with a positive outlook by A.M. Best Company.

 

 

IGI Group of companies underwrites a worldwide portfolio of energy, property, engineering, casualty, legal expenses, directors and officers, financial institutions, general aviation, ports & terminals, marine liability, political violence, forestry and reinsurance treaty business.

International General Insurance Holdings Limited had assets in excess of US$ 900 million as of 30th June 2018.

 

For more information, please visit www.iginsure.com or email info@iginsure.com.