North Star Underwriting Ltd is a wholly owned subsidiary of International General Insurance Holdings Limited (the Group), based in London and regulated by the United Kingdom Financial Services Authority.
North Star Underwriting Ltd operates as a correspondent for IGI Bermuda who is a class 3B (re)insurer regulated by the Bermuda Monetary Authority currently acting as the principal underwriting entity for the Group with the Jordan office (IGI Underwriting Company Limited Amman) providing all management, underwriting and operational functions.
IGI Bermuda is rated A- (Excellent) with a stable outlook by A.M.Best Company. This rating was given in May, 2010.
International General Insurance Holdings Limited has assets of more than US$500 million as at the 31st March, 2010.
The Group also has a subsidiary company in Labuan, Malaysia registered as a first tier reinsurer which is regulated by the Labuan Financial Services Authority and this is supported by a branch in Kuala Lumpur providing marketing services.
The Group also has a marketing office in Dubai based in the DIFC and regulated by the Dubai Financial Services Authority.
North Star Underwriting Ltd was approved as a Lloyd's Coverholder in 2010.
North Star Underwriting Ltd is a specialist marine underwriting operation offering worldwide coverages including but not limited to: