IGI Announces Quarterly Ordinary Common Share Dividend
2023年11月17日 - 11:00PM
ビジネスワイヤ(英語)
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 July 1, 2023 – September 30, 2023. The
dividend is payable on December 14, 2023 to shareholders of record
at the close of business on November 30, 2023.
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.
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 effects of the
war between Israel and Hamas; (8) the inability to maintain the
listing of the Company’s common shares on Nasdaq; (9) the failure
to realize the anticipated benefits of the acquisition of EIO; 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231117932638/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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