IGI Announces Quarterly Ordinary Common Share Dividend
18 Agosto 2023 - 7:30AM
Business Wire
International General Insurance Holdings Ltd. (“IGI” or the
“Company”) (NASDAQ: IGIC) today announced that its Board of
Directors has declared an ordinary common share dividend of $0.01
per share for the period April 1, 2023 – June 30, 2023. The
dividend is payable on September 14, 2023 to shareholders of record
at the close of business on August 31, 2023.
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About IGI:
IGI is an international specialty risks commercial insurer and
reinsurer underwriting a diverse portfolio of specialty lines.
Established in 2001, IGI has a worldwide portfolio of energy,
property, general aviation, construction & engineering, ports
& terminals, marine cargo, marine trades, contingency,
political violence, financial institutions, general third-party
liability (casualty), legal expenses, professional indemnity,
D&O, marine liability and reinsurance treaty business.
Registered in Bermuda, with operations in Bermuda, London, Malta,
Dubai, Amman, Oslo, Kuala Lumpur and Casablanca, IGI aims to
deliver outstanding levels of service to clients and brokers. IGI
is rated “A” (Excellent)/Stable by AM Best and “A-”(Strong)/Stable
by S&P Global Ratings. For more information about IGI, please
visit www.iginsure.com.
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Forward-Looking Statements:
This press release contains “forward-looking statements” within
the meaning of the “safe harbour” provisions of the Private
Securities Litigation Reform Act of 1995. The expectations,
estimates, and projections of the business of IGI may differ from
its actual results and, consequently, you should not rely on
forward-looking statements as predictions of future events. Words
such as “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believes,” “predicts,” “potential,” “continue,” “commitment,” and
similar expressions are intended to identify such forward-looking
statements. Forward-looking statements contained in this press
release may include, but are not limited to, our expectations
regarding the performance of our business, our financial results,
our liquidity and capital resources, the outcome of our strategic
initiatives, our expectations regarding pricing and other market
conditions, and our growth prospects. These forward-looking
statements involve significant risks and uncertainties that could
cause the actual results to differ materially from the expected
results. Most of these factors are outside of the control of IGI
and are difficult to predict. Factors that may cause such
differences include, but are not limited to: (1) changes in demand
for IGI’s services together with the possibility that IGI may be
adversely affected by other economic, business, and/or competitive
factors globally and in the regions in which it operates; (2)
competition, the ability of IGI to grow and manage growth
profitably and IGI’s ability to retain its key employees; (3)
changes in applicable laws or regulations; (4) the outcome of any
legal proceedings that may be instituted against the Company; (5)
the potential effects of the COVID-19 pandemic and emerging
variants; (6) the effects of the hostilities between Russia and
Ukraine and the sanctions imposed on Russia by the United States,
European Union, United Kingdom and others; (7) the inability to
maintain the listing of the Company’s common shares or warrants on
Nasdaq; (8) the failure to realize the anticipated benefits of the
acquisition of EIO; (9) risks that the Company’s pending tender
offer for its warrants may not close, may not close on the
timetable anticipated, or may not close without modifications,
because of market conditions, warrant holder response, regulatory
review, or otherwise; and (10) other risks and uncertainties
indicated in IGI’s filings with the SEC. The foregoing list of
factors is not exclusive. In addition, forward-looking statements
are inherently based on various estimates and assumptions that are
subject to the judgment of those preparing them and are also
subject to significant economic, competitive, industry and other
uncertainties and contingencies, all of which are difficult or
impossible to predict and many of which are beyond the control of
IGI. There can be no assurance that IGI’s financial condition or
results of operations will be consistent with those set forth in
such forward-looking statements. You should not place undue
reliance upon any forward-looking statements, which speak only as
of the date made. IGI does not undertake or accept any obligation
or undertaking to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions, or circumstances
on which any such statement is based except to the extent that is
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230818360629/en/
Investors: Robin Sidders, Head of Investor Relations T: + 44 (0)
2072 204937 M: + 44 (0) 7384 514785 Email:
robin.sidders@iginsure.com Media: Aaida Abu Jaber, AVP PR
& Marketing T: +96265662082 Ext. 407 M: +962770415540 Email:
aaida.abujaber@iginsure.com
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