IGI GENERAL INSURANCE LIMITED ANNUAL REPORT 2024 IGI General Annual Report 2024 Page 3 of 171 RE-INSURANCE AND RISK MANAGEMENT The Company adopts a risk optimization strategy through a well-structured reinsurance program It is committed to building long-term partnerships with clients by offering comprehensive risk management solutions
IGI GENERAL INSURANCE LIMITED Insurance contracts are those contracts where the Company (the insurer) has accepted significant insurance risk from another party (the policyholders) by agreeing to compensate the policyholders if a specified uncertain future event (the insured event) adversely affects the policyholders
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