International General Insurance Holdings Limited Announces Appointment of David Anthony and Anwar Al-Jabri as New Non-Executive Directors
August 06, 2018 at 06:30 am
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International General Insurance Holdings Limited (IGI) announced the appointment of David Anthony and Anwar Al-Jabri as two new non-executive directors to its Board. David Anthony brings to IGI the wealth of his 30 years of experience in the insurance and reinsurance industry, which has included senior, insurance-related positions at ratings agencies and with international banks. He has worked extensively in Europe, the Middle East and North Africa and the United States. David Anthony is an independent insurance consultant working under the DA Research & Analysis (DARAA) trading name. Before that, David was a Director and Senior Analyst with S&P Global Ratings (formerly Standard & Poor's). Throughout his time with S&P, David remained an active lead rating analyst, and a Chair of the Insurance Rating Committee. Anwar Al-Jabri has over 18 years' experience in investment, banking and financial services and has served in various public and non-public company boards locally and internationally. He currently holds the position of a Chief Executive Officer at Oman National Investment Corporation (Jabreen Capital) and has previously worked for Oman Investment Fund (OIF), a Sovereign Wealth Fund of the Sultanate of Oman, Oman Refinery Company and the Central Bank of Oman holding various senior posts in investment and financial fields. David and Anwar bring the total number of board members up to seven, replacing Soumitra Biswas and Abdulaziz Al Blushi.
International General Insurance Holdings Ltd is a Jordan-based commercial insurance and reinsurance company. It has a worldwide portfolio of energy, property, general aviation, construction and engineering, ports and terminals, marine cargo, marine trades, contingency, political violence, financial institutions, general third-party liability, legal expenses, reinsurance treaty business, among others. Its segments include Specialty Long-tail, Specialty Short-tail and Reinsurance. Its Specialty Long-tail segment includes casualty business, financial institutions line of business, marine liability line of business, and inherent defects insurance line of business. Its Specialty Short-tail segment includes energy, property, construction and engineering, political violence, ports and terminals, marine cargo, contingency and general aviation lines of business. Reinsurance segment includes inward reinsurance treaty business.