# EDGAR Filing Document

**Accession Number:** 0001804426
**File Stem:** 0001213900-23-021060
**Filing Date:** 2023-3
**Character Count:** 35394
**Document Hash:** 37414d449c31809d118523409c59e600
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-021060.hdr.sgml**: 20230317

**ACCESSION NUMBER**: 0001213900-23-021060

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 5

**FILED AS OF DATE**: 20230317

**DATE AS OF CHANGE**: 20230317

**GROUP MEMBERS**: W. JABSHEH INVESTMENT CO. LTD.

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** International General Insurance Holdings Ltd.
- **CENTRAL INDEX KEY:** 0001794338
- **STANDARD INDUSTRIAL CLASSIFICATION:** INSURANCE CARRIERS, NEC [6399]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** D0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91471
- **FILM NUMBER:** 23743557

**BUSINESS ADDRESS:**
- **STREET 1:** 74 ABDEL HAMID SHARAF STREET
- **STREET 2:** P.O. BOX 941428
- **CITY:** AMMAN
- **STATE:** M2
- **ZIP:** 11194
- **BUSINESS PHONE:** 962 6 562 2009

**MAIL ADDRESS:**
- **STREET 1:** 74 ABDEL HAMID SHARAF STREET
- **STREET 2:** P.O. BOX 941428
- **CITY:** AMMAN
- **STATE:** M2
- **ZIP:** 11194
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Jabsheh Wasef Salim
- **CENTRAL INDEX KEY:** 0001804426

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 74 ABDEL HAMID SHARAF STREET
- **STREET 2:** PO BOX 941428
- **CITY:** AMMAN
- **STATE:** M2
- **ZIP:** 11194

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> WASHINGTON, DC 20549**

**SCHEDULE 13D**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

(Amendment No. 4)

**INTERNATIONAL GENERAL INSURANCE HOLDINGS LTD.**

(Name of Issuer)

**Common Shares $0.01 par value**

(Title of Class of Securities)

**G4809J 106**

(CUSIP Number)

**Michael Levitt, Esq.**

**Freshfields Bruckhaus Deringer US LLP**

**601 Lexington Avenue**

**New York, New York 10022**

**(212) 277-4000**

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

**March 14, 2023**

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: ☐

 

*Note*: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("<u>Act</u>") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, *see* the Notes).

**SCHEDULE 13D**

CUSIP No. G4809J 106 Page 2 of 7

---

| | |
|:---|:---|
| **1** | Name of Reporting Person<br> **Wasef Jabsheh**  |
| **2** | Check the Appropriate Box if a Member of a Group<br> (a) ☐<br> (b) ☐ |
| **3** | SEC Use Only<br>|
| **4** | Source of Funds (See Instructions)<br> **PF** |
| **5** | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)<br> ☐ |
| **6** | Citizenship or Place of Organizations <br> **Jordan and Canada** |

---

---

| | | |
|:---|:---|:---|
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **7** | Sole Voting Power<br> **1,000\*** |
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **8** | Shared Voting Power<br> **18,242,403\*** |
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **9** | Sole Dispositive Power<br> **1,000\*** |
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **10** | Shared Dispositive Power<br> **16,967,606\*** |

---

---

| | |
|:---|:---|
| **11** | Aggregate Amount Beneficially Owned by Each Reporting Person<br> **18,243,403** |
| **12** | Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares<br> ☐ |
| **13** | Percent of Class Represented by Amount in Row (11)<br> **35.7%\*\*** |
| **14** | Type of Reporting Person (See Instructions)<br> **IN** |

---

\* Of the total amount of common shares, par value $0.01 per share ("<u>Common Shares</u>"), of International General Insurance Holdings Ltd. (the "<u>Issuer</u>"), which Mr. Jabsheh beneficially owns, (1) he has the present sole right to vote and dispose of 1,000 Common Shares, (2) he has the present shared right to vote 14,242,403 Common Shares, (3) he has the shared right to dispose of 12,967,606 of these Common Shares and (4) he beneficially owns warrants to acquire 4,000,000 Common Shares (the "<u>Warrants</u>"). Of the total amount of Common Shares and Warrants Mr. Jabsheh beneficially owns, 99.99% are held of record by W. Jabsheh Investment Co. Ltd., a corporation organized under the laws of the British Virgin Islands ("<u>W. Jabsheh Investment Co. Ltd.</u>, and, together with Wasef Jabsheh, the "<u>Reporting Persons</u>" and, each individually, a "<u>Reporting Person</u>") and controlled by Mr. Jabsheh, as further described below.

\*\* Calculations of percentage ownership in this Schedule 13D with respect to the Reporting Persons are based upon a total of 51,033,623 Common Shares, which includes (i) 47,033,623 Common Shares of the Issuer outstanding as of March 14, 2023 and (ii) 4,000,000 Common Shares issuable upon the exercise of Warrants to acquire Common Shares beneficially owned by the Reporting Persons and held by W. Jabsheh Investment Co. Ltd. In accordance with the U.S. Securities and Exchange Commission (the "<u>SEC</u>") rules governing beneficial ownership, the calculation of percentage ownership includes Warrants held by the Reporting Persons but does not include any other Common Shares issuable upon the exercise of any other outstanding Warrants held by other persons.

**SCHEDULE 13D**

CUSIP No. G4809J 106 Page 3 of 7

---

| | |
|:---|:---|
| **1** | Name of Reporting Person<br> **W. Jabsheh Investment Co. Ltd.** |
| **2** | Check the Appropriate Box if a Member of a Group<br> (a) ☐<br> (b) ☐ |
| **3** | SEC Use Only<br>|
| **4** | Source of Funds (See Instructions)<br> **Not applicable** |
| **5** | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)<br> ☐ |
| **6** | Citizenship or Place of Organizations <br> **British Virgin Islands** |

---

---

| | | |
|:---|:---|:---|
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **7** | Sole Voting Power<br> **0** |
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **8** | Shared Voting Power<br> **18,242,403\*** |
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **9** | Sole Dispositive Power<br> **0** |
| **Number of** <br> **Shares** <br> **Beneficially** <br> **Owned by** <br> **Each** <br> **Reporting** <br> **Person** <br> **With** | **10** | Shared Dispositive Power<br> **16,967,606\*** |

---

---

| | |
|:---|:---|
| **11** | Aggregate Amount Beneficially Owned by Each Reporting Person<br> **18,242,403** |
| **12** | Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares<br> ☐ |
| **13** | Percent of Class Represented by Amount in Row (11)<br> **35.7%\*\*** |
| **14** | Type of Reporting Person (See Instructions)<br> **CO** |

---

\* Of the total amount of Common Shares which W. Jabsheh Investment Co. Ltd. beneficially owns, (1) it has the present shared right to vote 14,242,403 Common Shares, (2) it has the shared right to dispose of 12,967,606 of these Common Shares and (3) it beneficially owns Warrants to acquire 4,000,000 Common Shares. Of the total amount of Common Shares and Warrants W. Jabsheh Investment Co. Ltd. beneficially owns, 100% are controlled by Mr. Jabsheh, as further described below.

\*\* Calculations of percentage ownership in this Schedule 13D with respect to the Reporting Persons are based upon a total of 51,033,623 Common Shares, which includes (i) 47,033,623 Common Shares of the Issuer outstanding as of March 14, 2023 and (ii) 4,000,000 Common Shares issuable upon the exercise of Warrants to acquire Common Shares beneficially owned by the Reporting Persons and held by W. Jabsheh Investment Co. Ltd. In accordance with SEC rules governing beneficial ownership, the calculation of percentage ownership includes Warrants held by the Reporting Persons but does not include any other Common Shares issuable upon the exercise of any other outstanding Warrants held by other persons.

**SCHEDULE 13D**

CUSIP No. G4809J 106 Page 4 of 7

This Amendment No. 4 (this "<u>Amendment No. 4</u>") amends and supplements certain information in the Schedule 13D, filed with the SEC on March 27, 2020 (the "<u>Original 13D</u>"), as amended by Amendment No. 1 to the Schedule 13D filed with the SEC on September 29, 2020 ("<u>Amendment No. 1</u>"), Amendment No. 2 to the Schedule 13D filed with the SEC on January 12, 2022 ("<u>Amendment No. 2</u>") and Amendment No. 3 to the Schedule 13D filed with the SEC on January 31, 2023 ("<u>Amendment No. 3</u>" and, together with the Original 13D, Amendment No. 1, Amendment No. 2 and this Amendment No. 4, the "<u>Schedule 13D</u>") by Wasef Jabsheh. This Amendment No. 4 reflects certain transactions that were completed on March 14, 2023. As a result of these transactions, W. Jabsheh Investment Co. Ltd. has been added as a Reporting Person.

Except as set forth below, all Items of the Original 13D remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Original 13D.

**ITEM 2. IDENTITY AND BACKGROUND.**

Item 2 of the Original 13D is hereby supplemented by adding the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) This Schedule 13D is being filed by W. Jabsheh Investment Co. Ltd., a corporation organized under the laws of the British Virgin Islands and controlled by Wasef Jabsheh.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The principal office of W. Jabsheh Investment Co. Ltd. is Tortola Pier Park, Building 1, 2<sup>nd</sup> Floor, Wickhams Cay 1, Roads Town, British Virgin Islands, VG110.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The principal business of W. Jabsheh Investment Co. Ltd. is financial and insurance activities.

The information required by Instruction C to Schedule 13D with respect to the executive officers and directors of W. Jabsheh Investment Co. Ltd. is set forth below.

Sole Director: Wasef Jabsheh

Executive Officers: None

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) – (e) During the past five years, the Reporting Persons and individuals referenced above in Item 2 have not been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of which the Reporting Persons were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, United States federal or state securities laws or a finding of any violation with respect to such laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) W. Jabsheh Investment Co. Ltd. is organized under the laws of the British Virgin Islands.

**ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION**

Item 3 of the Original 13D is hereby amended and supplemented to include the following:

"On March 14, 2023, pursuant to a certain Securities Transfer Agreement dated March 14, 2023 between Wasef Jabsheh and W. Jabsheh Investment Company Ltd. (the "<u>Securities Transfer Agreement</u>"), Wasef Jabsheh transferred, assigned and delivered the beneficial ownership of 14,242,403 Common Shares and 4,000,000 Warrants of the Issuer to W. Jabsheh Investment Co. Ltd. W. Jabsheh Investment Co. Ltd. provided no consideration for its acquisition of such Common Shares and Warrants. Mr. Jabsheh is the sole director of W. Jabsheh Investment Co. Ltd. and owns 100% of the voting shares of W. Jabsheh Investment Co. Ltd."

The purpose of the Securities Transfer Agreement was to reorganize the entities through which Mr. Jabsheh beneficially holds his Common Shares and Warrants for estate planning purposes, and, accordingly, the Securities Transfer Agreement merely represented a change in the form of Mr. Jabsheh's beneficial ownership in the Issuer and did not result in any change in the amount of Mr. Jabsheh's beneficial ownership."

**SCHEDULE 13D**

CUSIP No. G4809J 106 Page 5 of 7

**ITEM 4. PURPOSE OF TRANSACTION**

Item 4 of the Original Schedule 13D is hereby amended and supplemented to include the following:

"On March 14, 2023, pursuant to the Securities Transfer Agreement, Wasef Jabsheh transferred, assigned and delivered the beneficial ownership of 14,242,403 Common Shares and 4,000,000 Warrants of the Issuer to W. Jabsheh Investment Co. Ltd. W. Jabsheh Investment Co. Ltd. provided no consideration for its acquisition of such Common Shares and Warrants. Mr. Jabsheh is the sole director of W. Jabsheh Investment Co. Ltd. and owns 100% of the voting shares of W. Jabsheh Investment Co. Ltd.

The purpose of the Securities Transfer Agreement was to reorganize the entities through which Mr. Jabsheh beneficially holds his Common Shares and Warrants for estate planning purposes, and, accordingly, the Securities Transfer Agreement merely represented a change in the form of Mr. Jabsheh's beneficial ownership in the Issuer and did not result in any change in the amount of Mr. Jabsheh's beneficial ownership."

**ITEM 5. INTEREST IN SECURITIES OF THE ISSUER**

Item (a) to (c) of Item 5 of the Original 13D are hereby amended as follows:

"(a) As of March 14, 2023, Mr. Jabsheh beneficially owned 18,243,403 Common Shares, consisting of (i) 12,967,606 Common Shares, with respect to which Mr. Jabsheh has the shared right to vote and dispose of, (ii) 1,000 Common Shares, with respect to which Mr. Jabsheh has the sole right to vote and dispose of, (iii) 4,000,000 Warrants to purchase Common Shares at a price of $11.50 per Common Share, which are currently exercisable, (iv) 1,131,148 Common Shares, 600,000 of which vest when the Common Shares achieve a price of $11.50 per share for 20 out of 30 trading days, 400,000 of which vest when the Common Shares achieve a price of $12.50 per share for 20 out of 30 trading days, and 131,148 of which vest when the Common Shares achieve a price of $15.25 per share for 20 out of 30 trading days, which Mr. Jabsheh is deemed to beneficially own by virtue of having the shared right to vote (but not dispose of) such Common Shares and (v) 143,649 unvested Restricted Shares, of which 44,064 Restricted Shares vest on January 2, 2024, 49,792 Restricted Shares vest on January 2, 2024 and 49,793 Restricted Shares vest on January 2, 2025, which Mr. Jabsheh is deemed to beneficially own by virtue of having the shared right to vote (but not dispose of) such Restricted Shares. As of such date, in accordance with SEC rules for calculating percentages of beneficial ownership, the 18,243,403 Common Shares beneficially owned by Mr. Jabsheh represented approximately 35.7% of the Common Shares of the Issuer.

As of March 14, 2023, W. Jabsheh Investment Co. Ltd. beneficially owned 18,242,403 Common Shares, consisting of (i) 12,967,606 Common Shares, with respect to which W. Jabsheh Investment Co. Ltd. has the shared right to vote and dispose of, (ii) 4,000,000 Warrants to purchase Common Shares at a price of $11.50 per Common Share, which are currently exercisable, (iii) 1,131,148 Common Shares, 600,000 of which vest when the Common Shares achieve a price of $11.50 per share for 20 out of 30 trading days, 400,000 of which vest when the Common Shares achieve a price of $12.50 per share for 20 out of 30 trading days, and 131,148 of which vest when the Common Shares achieve a price of $15.25 per share for 20 out of 30 trading days, which W. Jabsheh Investment Co. Ltd. is deemed to beneficially own by virtue of having the shared right to vote (but not dispose of) such Common Shares and (iv) 143,649 unvested Restricted Shares, of which 44,064 Restricted Shares vest on January 2, 2024, 49,792 Restricted Shares vest on January 2, 2024 and 49,793 Restricted Shares vest on January 2, 2025, which W. Jabsheh Investment Co. Ltd. is deemed to beneficially own by virtue of having the shared right to vote (but not dispose of) such Restricted Shares. As of such date, in accordance with SEC rules for calculating percentages of beneficial ownership, the 18,242,403 Common Shares beneficially owned by W. Jabsheh Investment Co. Ltd. represented approximately 35.7% of the Common Shares of the Issuer. Of the total amount of Common Shares and Warrants W. Jabsheh Investment Co. Ltd. beneficially owns, 100% are controlled by Mr. Jabsheh.

**SCHEDULE 13D**

CUSIP No. G4809J 106 Page 6 of 7

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) As of March 14, 2023, Wasef Jabsheh has:

● sole power to vote or direct the vote of 1,000 Common Shares;

● shared power to vote or direct the vote of 18,242,403 Common Shares;

● sole power to dispose or direct the disposition of 1,000 Common Shares; and

● shared power to dispose or direct the disposition of 16,967,606 Common Shares.

As of March 14, 2023, W. Jabsheh Investment Co. Ltd. has:

● sole power to vote or direct the vote of 0 Common Shares;

● shared power to vote or direct the vote of 18,242,403 Common Shares;

● sole power to dispose or direct the disposition of 0 Common Shares; and

● shared power to dispose or direct the disposition of 16,967,606 Common Shares.

As of March 14, 2023, the Reporting Persons have the shared right to vote, but not the right to dispose or direct the disposition of, the 1,131,148 contingent unvested Common Shares and 143,649 unvested Restricted Shares beneficially owned by the Reporting Persons. The Reporting Persons will not have investment power over such shares until the vesting thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Other than as described in Items 3 and 4, no transactions in the Common Shares of the Issuer were effected by the Reporting Persons during the past 60 days."

**ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER**

Item 6 of the Original Schedule 13D is hereby amended and supplemented to include the following:

**Securities Transfer Agreement**

"On March 14, 2023, pursuant to the Securities Transfer Agreement, Wasef Jabsheh transferred, assigned and delivered the beneficial ownership of 14,242,403 Common Shares and 4,000,000 Warrants of the Issuer to W. Jabsheh Investment Co. Ltd. W. Jabsheh Investment Co. Ltd. provided no consideration for its acquisition of such Common Shares and Warrants. Mr. Jabsheh is the sole director of W. Jabsheh Investment Co. Ltd. and owns 100% of the voting shares of W. Jabsheh Investment Co. Ltd.

The purpose of the Securities Transfer Agreement was to reorganize the entities through which Mr. Jabsheh beneficially holds his Common Shares and Warrants for estate planning purposes, and, accordingly, the Securities Transfer Agreement merely represented a change in the form of Mr. Jabsheh's beneficial ownership in the Issuer and did not result in any change in the amount of Mr. Jabsheh's beneficial ownership."

**ITEM 7. MATERIAL TO BE FILED AS EXHIBITS**

Item 7 of the Original 13D is hereby amended and supplemented by adding the following:

99.4 [Joint Filing Agreement](ea175388ex99-4_international.htm)

99.5 [Securities Transfer Agreement, dated March 14, 2023, between Wasef Jabsheh and W. Jabsheh Investment Co. Ltd.](ea175388ex99-5_international.htm)

99.6 [Joinder Agreement, dated March 14, 2023](ea175388ex99-6_international.htm)

99.7 [Warrant Agreement Acknowledgement, dated March 14, 2023](ea175388ex99-7_international.htm)

**SCHEDULE 13D**

CUSIP No. G4809J 106 Page7 of 7

**SIGNATURE**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: March 17, 2023

---

| | |
|:---|:---|
| By: | /s/ Wasef Jabsheh |
|  | Wasef Jabsheh |
| W. Jabsheh Investment Co. Ltd. | W. Jabsheh Investment Co. Ltd. |
| By: | /s/ Wasef Jabsheh |
| Name: | Wasef Jabsheh |
| Title: | Director |

---

## Exhibit 99.4

**Exhibit 99.4** 

**JOINT FILING AGREEMENT** 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate.

Dated March 14, 2023

---

| | |
|:---|:---|
| By: | /s/ Wasef Jabsheh |
| Name: | Wasef Jabsheh |

---

---

| | |
|:---|:---|
| W. Jabsheh Investment Co. Ltd. | W. Jabsheh Investment Co. Ltd. |
| By: | /s/ Wasef Jabsheh |
| Name: | Wasef Jabsheh |
| Title: | Director |

---

## Exhibit 99.5

**Exhibit 99.5**

**Securities Transfer Agreement**

This Securities Transfer Agreement is entered into as of March 14, 2023, by Mr. Wasef Jabsheh (the "Transferor") and W. Jabsheh Investment Company Ltd., a company incorporated under the laws of the British Virgin Islands (the "Transferee").

**Recitals:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. The Transferor is the record owner of the securities of International General Insurance Holdings Ltd. (the "Company") identified on Schedule A hereto (the "Securities").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. The Transferor desires to transfer the Securities to the Transferee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. The Transferee desires to acquire all of the Transferor's right, title and interest to the Securities for no consideration.

**Agreement:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Transferor represents that the Transferor has good title to the Securities. Each of Transferor and Transferee represents that (a) they have all necessary power and authority to enter into and perform this Agreement and (b) this Agreement constitutes their valid and binding obligation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The Transferor hereby transfers and assigns to the Transferee all of the Transferor's right, title and interest to the Securities for no consideration.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. The Transferee agrees to be bound by all of the terms and provisions of each of the following agreements, as if the Transferee were a party thereto: (i) the Insider Letter agreement by and among Tiberius Acquisition Corporation, a Delaware corporation ("Tiberius"), Lagniappe Ventures LLC, a Delaware limited liability ("Lagniappe"), and certain directors and officers of Tiberius, dated March 15, 2018 (the "Insider Letter"), (ii) the Sponsor Share Letter by and among Lagniappe, Tiberius, International General Insurance Holdings Ltd., a company organized under the laws of the Dubai International Financial Centre, the Transferor and Argo Re Limited, a Bermuda exempted company, dated October 10, 2019, to which the Company became a party after the date thereof by executing and delivering a joinder thereto (the "Sponsor Share Letter"), and (iii) the Share Transfer Letter by and among Lagniappe, the Transferor, and the Company, dated March 16, 2020 (the "Share Transfer Letter").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. The Transferee represents to the Transferor that the transfer of the Securities complies with (a) the legal requirements within the Transferee's jurisdiction for the transfer of the Securities, (b) any foreign exchange restrictions applicable to such transfer, (c) any governmental or other consents that may need to be obtained in connection with the transfer of the Securities and (d) the income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale or transfer of the Securities. The Transferee further represents that the Transferee's acquisition and continued beneficial ownership of the Securities will not violate any applicable securities or other laws of the Transferee's jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. The Securities, when transferred, shall bear the legends as set forth on the existing Securities, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. The parties agree to execute such further instruments and to take such further action as may reasonably be necessary to carry out the intent of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, as such laws are applied to contracts entered into and performed in such State.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. This Agreement shall be binding upon the transferees, successors, assigns and legal representatives of the parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. This Agreement may be executed in counterparts with the same force and effect as if each of the signatories had executed the same instrument.

[*Remainder of page intentionally left blank*]

\* \* \*

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.

---

| |
|:---|
| TRANSFEROR: |
| <u>/s/ Wasef Jabsheh</u> |
| **Wasef Jabsheh** |
| Transferor Address: |

---

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.

---

| | |
|:---|:---|
| TRANSFEREE: | TRANSFEREE: |
| **W. Jabsheh Investment Company Ltd.** | **W. Jabsheh Investment Company Ltd.** |
| By: | /s/ Wasef Jabsheh |
| Name: | Wasef Jabsheh |
| Title: | Director |
| Transferee Address: | Transferee Address: |

---

<u>Schedule A</u>

1. 12,233,039 common shares, held at Continental

2. 502,794 common shares, held in Wasef Jabsheh's personal
account

3. 4,000,000 warrants to purchase common shares of the Company,
held at Continental

4. 1,131,148 contingent unvested common shares, held at Continental,
including

&nbsp;&nbsp;&nbsp;&nbsp;a. 600,000 contingent unvested shares which vest at $11.50

&nbsp;&nbsp;&nbsp;&nbsp;b. 400,000 contingent unvested shares which vest at $12.75

&nbsp;&nbsp;&nbsp;&nbsp;c. 131,148 contingent unvested shares which vest at $15.25

5. 137,918 vested restricted shares, held in Mr. Jabsheh's
account at Global Shares

6. 237,504 restricted shares, awarded under IGI's equity
incentive plan, held at Continental

Total: 14,242,403 shares and 4,000,000 warrants

## Exhibit 99.6

**Exhibit 99.6**

**JOINDER AGREEMENT**

Reference is made to (1) that certain Sponsor Share Letter entered into on October 10, 2019 between Lagniappe Ventures LLC, a Delaware limited liability company ("<u>Lagniappe</u>"), Tiberius Acquisition Corporation, a Delaware corporation ("<u>Tiberius</u>"), International General Insurance Holdings Limited, a company organized under the laws of the Dubai International Financial Center ("<u>IGI Dubai</u>"), Wasef Jabsheh and Argo Re Limited, to which International General Insurance Holdings Ltd., a Bermuda exempted company ("<u>IGI</u>"), became a party after the date thereof by executing and delivering a joinder thereto (the "<u>Sponsor Share Letter</u>") and (2) that certain Share Transfer Letter entered into on March 16, 2020 by Lagniappe, IGI, and Wasef Jabsheh (the "<u>Share Transfer Letter</u>").

**WHEREAS**, pursuant to the Sponsor Share Letter, Lagniappe agreed to transfer to Wasef Jabsheh 1,000,000 of its Tiberius founder shares (currently represented by 1,000,000 IGI common shares issued in exchange therefor in the Business Combination among Tiberius, IGI Dubai, IGI and the other parties thereto (the "<u>Business Combination</u>"));

**WHEREAS**, pursuant to the Share Transfer Letter, Lagniappe agreed to transfer to Wasef Jabsheh 131,148 of its Tiberius founder shares (currently represented by 131,148 IGI common shares issued in exchange therefor in the Business Combination) (and, together with the 1,000,000 Tiberius founder shares, the "<u>Earnout Shares</u>");

**WHEREAS**, Wasef Jabsheh, for bona fide estate planning purposes, desires to transfer the Earnout Shares to W. Jabsheh Investment Co. Ltd., a British Virgin Islands company controlled by Mr. Jabsheh; and

**WHEREAS**, in accordance with Section 9 of the Sponsor Share Letter and Section 4 of the Share Transfer Letter, the parties to the Sponsor Share Letter and the Share Transfer Letter have consented to the transfer of the 1,131,148 Earnout Shares.

**NOW, THEREFORE**, in consideration of the foregoing and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the undersigned hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. By execution and delivery of this Agreement, W. Jabsheh Investment Co. Ltd. hereby agrees to be subject to, bound by and to perform each and all of the duties and obligations of Wasef Jabsheh contained in the Sponsor Share Letter and the Share Transfer Letter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Capitalized terms used but not otherwise defined herein shall have the meaning set forth for such terms in the Sponsor Share Letter or the Share Transfer Letter, as applicable.

[Signature pages to follow]

IN WITNESS WHEREOF, the undersigned has executed this Agreement as of this 14th day of March, 2023.

---

| | | |
|:---|:---|:---|
| **W. JABSHEH INVESTMENT CO. LTD.** | **W. JABSHEH INVESTMENT CO. LTD.** | **W. JABSHEH INVESTMENT CO. LTD.** |
| By: | /s/ Wasef Jabsheh | /s/ Wasef Jabsheh |
|  | Name:  | Wasef Jabsheh<br>|
|  | Title: | Director |

---

## Exhibit 99.7

**Exhibit 99.7**

**WARRANT AGREEMENT ACKNOWLEDGEMENT**

THIS **WARRANT AGREEMENT ACKNOWLEDGEMENT** (this "<u>Agreement</u>") is executed as of March 14, 2023 by W. Jabsheh Investment Co. Ltd., a British Virgin Islands company controlled by Wasef Jabsheh ("<u>W. Jabsheh Investment Co. Ltd.</u>"), in accordance with and pursuant to that certain Warrant Agreement, dated March 15, 2018, as amended on March 17, 2020, among Tiberius Acquisition Corporation, a Delaware corporation ("<u>Tiberius</u>"), International General Insurance Holdings Ltd., a Bermuda exempted company ("<u>IGI</u>"), and Continental Stock Transfer & Trust Company.

**WHEREAS**, simultaneous with the execution of the Business Combination Agreement on October 10, 2019, Wasef Jabsheh entered into the Sponsor Share Letter with Lagniappe Ventures LLC, a Delaware limited liability company ("<u>Lagniappe</u>"), Tiberius, International General Insurance Holdings Limited, a company organized under the laws of the Dubai International Financial Center, and Argo Re Limited, pursuant to which Lagniappe agreed to transfer to Wasef Jabsheh 4,000,000 Private Warrants at the closing of the Business Combination;

**WHEREAS**, Section 2.6 of the Warrant Agreement permits the transfer of Private Warrants to a Permitted Transferee provided that the Permitted Transferee agrees in writing to be bound by the terms of the Warrant Agreement;

**WHEREAS**, Wasef Jabsheh, for bona fide estate planning purposes, desires to transfer 4,000,000 Private Warrants to W. Jabsheh Investment Co. Ltd.; and

**WHEREAS**, this Agreement is being delivered in accordance with and pursuant to Section 2.6 of the Warrant Agreement, as a condition to the effectiveness of the transfer of the 4,000,000 Private Warrants held by Wasef Jabsheh to W. Jabsheh Investment Co. Ltd.

**NOW, THEREFORE**, in consideration of the foregoing and other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the undersigned hereby agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. By execution and delivery of this Agreement, W. Jabsheh Investment Co. Ltd. hereby agrees to be subject to, bound by and to perform each and all of the terms of the Warrant Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Capitalized terms used but not otherwise defined herein shall have the meaning set forth for such terms in the Warrant Agreement.

[*Signature Page Follows*]

IN WITNESS WHEREOF, the undersigned has executed this Agreement as of the date first written above.

---

| | | |
|:---|:---|:---|
| **W. JABSHEH INVESTMENT CO. LTD** | **W. JABSHEH INVESTMENT CO. LTD** | **W. JABSHEH INVESTMENT CO. LTD** |
| By: | /s/ Wasef Jabsheh | /s/ Wasef Jabsheh |
|  | Name:  | Wasef Jabsheh<br>|
|  | Title: | Director |

---