IGI Q3 net income falls 16% year over year to USD 28 million
IGIC•IGI’s third-quarter 2026 net income fell 16% year over year to USD 28 million. Revenue rose 9% to USD 140 million, while gross written premiums dropped 9% to USD 119.6 million.
1. Quarterly results
IGI’s third-quarter 2026 net income fell 16% year over year to USD 28 million. Total revenues rose 9% to USD 140 million, while gross written premiums declined 9% to USD 119.6 million, reflecting lower production in the Specialty Short-tail Segment’s energy line. CEO Waleed Jabsheh highlighted profitable new opportunities from specialty reinsurance expansion and the new India platform, despite more challenging market conditions.
