International General Insurance Holdings (IGIC) investor relations material

Company Background and Growth

• Originated in Jordan in 2002 with $25 million capital, now at $700 million and 470-480 employees worldwide.

• Expanded from a handful of lines to nearly 25 lines and sublines, with eight global offices.

• Headquarters in Jordan, registered in Bermuda, with London as the underwriting center.

• 20+ years of steady growth, including recent CEO succession, acquisitions, and increased shareholder returns through dividends and repurchases.

• Strong governance, ESG focus, and a culture of diversity and inclusion are central to operations and future planning.

Market Cycle Management and Strategy

• Industry is highly cyclical, with cycles typically lasting 7-10 years; current cycle varies by segment.

• Maintains discipline by shifting focus among reinsurance, short tail, and long tail lines based on market conditions.

• Diversification across lines and geographies provides optionality and resilience.

• Willing to shrink top line during soft markets to protect value and bottom line.

• Well-positioned for growth in U.S., Asia Pacific, and MENA markets, leveraging local expertise and global presence.

Performance and Financial Management

• Achieved $700 million in gross written premium for full year 2024, with a diversified portfolio across 25 lines of business and 8 global offices.

• Maintained a 10-year average combined ratio of 87.0% and core ROE of 14.0%, reflecting consistent profitability.

• Combined ratios in recent years have been in the mid to high 70s, with ROEs in the low to mid 20s, above long-term expectations.

• Total assets reached $2.1 billion, with strong financial strength ratings and a stable outlook from major agencies.

• Book value per share plus dividends has grown faster since going public, aided by buybacks and capital management.