International General Insurance Holdings Ltd.

Good day and welcome to the International General Insurance Holdings LTD's third quarter 2024 financial results conference call. All participants are in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1 on your telephone keypad. To withdraw your question, please press star, then 2. Please note this event is being recorded. I would now like to turn the conference over to Robin Sitters, Head of Investor Relations. Please go ahead.

Thanks, Cindy, and good morning and welcome to today's conference call. Today we'll be discussing our third quarter, nine months, 2024 results. You will have seen our results press release, which we issued after the market closed yesterday. If you'd like a copy of the press release, it's available in the investor section of our website at IGinsure.com. We've also posted a supplementary investor presentation, which can be found on the website as well on the presentations page in the investor section. On today's call are Executive Chairman of IGI, Wasif Jobche, President and CEO, Waleed Jobche, and Chief Financial Officer for VesRisby. As always, Wasif will begin the call with some high-level comments before handing over to Waleed to talk you through the key drivers of our results for the third quarter and nine months of 2024 and finish up with our views on market conditions and our outlook for the remainder of the year and the upcoming January 1 renewals. At that point, we'll open the call up for Q&A. I'll begin with the customary State of Harvard language. Our speaker's remarks may contain forward-looking statements. Some of the forward-looking statements can be identified by the use of forward-looking words. We caution you that such forward-looking statements should not be regarded as a representation by us that the future plans, estimates, or expectations contemplated by us will in fact be achieved. Forward-looking statements involve risks, uncertainties, and assumptions. Actual events or results may differ materially from those projected in the forward-looking statements due to a variety of factors, including the risk factors set forth in the company's annual report on Form 20F for the year ended December 31, 2023, and the company's reports on Form 6K and other filings with the SEC, as well as our results press release issued yesterday evening. We undertake no obligation to update or revise publicly any forward-looking statements which speak only as of the date they are made. During the conference call, we will also use some certain non-GAAP financial measures. For a reconciliation of these non-GAAP financial measures to the nearest GAAP measure, please see our earnings release, which has been filed with the SEC and is available on our website. With that, I'll turn the call over to our Executive Chairman, Watsit Shabsheh.

Thank you, Robin, and good day, everyone. Thank you for joining us on today's call. As we head into the final weeks of 2024, I'm very pleased with the consistent and high quality performance of IGI. Through the first nine months of this year, we have achieved a combined ratio of 80.5%. net income of over $100 million, and an annualized return on average shareholders' equity of 23.5%. These are excellent results. As you know, we are nearing the fifth anniversary since we became a public company and began trading on the NASDAQ Exchange. During this time, we have clearly demonstrated our ability to deliver on our promise of generating consistent and sustainable value for our shareholders. This is reflected in our compounded annual growth in book value per share plus dividends of 12.3% since 2020. We have built our company into a strong and resilient organization with a solid balance sheet, a well-diversified book of business, and strong, high-performing, and diverse leaders across our group. We have the strategies in place that allow us to respond quickly and decisively to our markets and focus on those areas with the highest margins and best rates of risk-adjusted return. And we have a well-defined culture of inclusion and collaboration that underpins everything we do. I expect that as we navigate the remainder of 2024 and head into 2025, this will hold us in very good stead. I will now hand over to Ali, who will discuss the numbers in more detail, and talk about market conditions and our outlook for the year ahead. I will remain on the call for any questions at the end.