IGI appoints Thomas Collett to board, Anthony retires
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.2%
Revenue Growth %: -15.7%
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International General Insurance Holdings Ltd. (NASDAQ: IGIC) announced changes to its board of directors, according to a press release statement.
Thomas A. Collett will join the board effective March 19, 2026. Collett previously served as managing director of Guy Carpenter in Dallas and held leadership positions at Willis Re, Benfield, General Re, and Munich American Re. He currently serves as a director of Dallas Specialty Insurance Company and will join IGI's compensation committee.
David D. Anthony retired from the board effective immediately after serving as a director and chair of the compensation committee since March 2020. Anthony also served on the audit and risk committee and previously held board positions with IGI Holdings Dubai Limited and International General Insurance Company Ltd.
Andrew J. Poole, a board member since March 2020, was appointed chair of the compensation committee and joined the audit and risk committee.
Executive Chairman Wasef Jabsheh stated that Anthony's experience as a senior insurance ratings analyst contributed to IGI's strategic development. Jabsheh said Collett's reinsurance knowledge acquired over more than 40 years will serve as a resource as the company continues operations.
IGI is a Bermuda-registered specialty risks commercial insurer and reinsurer established in 2001. The company operates in multiple locations including Bermuda, London, Malta, Dubai, Amman, Oslo, Kuala Lumpur and Casablanca. IGI maintains "A" ratings from both AM Best and S&P Global Ratings.
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