31 January 2020News

BMA approves IGI-Tiberius business tie-up

The BMA has granted regulatory approval to International General Insurance to combine business with Tiberius Acquisition Corp, the special purpose acquisition company.

Upon close, IGI will be domiciled in Bermuda and operate as International General Insurance Holdings. It is awaiting approval from additional regulatory agencies, including the Prudential Regulation Authority in the UK and the Dubai Financial Services Authority, before the tie-up can go ahead.

IGI said it will close the business combination two business days after receiving all the necessary closing conditions and approvals required by the business combination agreement.




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17 March 2020   International General Insurance Holdings (IGI) has completed its business combination with Tiberius Acquisition Corporation.
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20 May 2022   Gross written premium increased by 27%.

More on this story

News
17 March 2020   International General Insurance Holdings (IGI) has completed its business combination with Tiberius Acquisition Corporation.
article
20 May 2022   Gross written premium increased by 27%.