International General Insurance Holdings Ltd. (IGIC)

NASDAQ: IGIC · IEX Real-Time Price · USD
14.97
+0.16 (1.08%)
At close: May 17, 2024, 4:00 PM
14.98
+0.01 (0.07%)
After-hours: May 17, 2024, 7:50 PM EDT
1.08%
Market Cap 689.27M
Revenue (ttm) 484.11M
Net Income (ttm) 122.26M
Shares Out 46.07M
EPS (ttm) 2.69
PE Ratio 5.59
Forward PE 4.90
Dividend $0.54 (3.64%)
Ex-Dividend Date Jun 3, 2024
Volume 47,968
Open 14.90
Previous Close 14.81
Day's Range 14.85 - 15.26
52-Week Range 8.35 - 15.26
Beta 0.19
Analysts Buy
Price Target 15.00 (+0.2%)
Earnings Date May 7, 2024

About IGIC

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsuran... [Read more]

Sector Financials
Founded 2001
Employees 401
Stock Exchange NASDAQ
Ticker Symbol IGIC
Full Company Profile

Financial Performance

In 2023, IGIC's revenue was $471.96 million, an increase of 18.64% compared to the previous year's $397.82 million. Earnings were $118.19 million, an increase of 32.45%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for IGIC stock is "Buy." The 12-month stock price forecast is $15.0, which is an increase of 0.20% from the latest price.

Price Target
$15.0
(0.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IGI Announces Increase in Quarterly Ordinary Common Share Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has voted to increase the Company'...

3 days ago - Business Wire

IGI Establishes a Presence in Lloyd's, Begins Trading May 9, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it will begin trading for the first time at Lloyd's from ...

10 days ago - Business Wire

IGI Reports First Quarter 2024 Unaudited Financial Results

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the first quarter of 2024. Highlights for...

11 days ago - Business Wire

IGI to Release First Quarter 2024 Financial Results on May 7, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the first qua...

4 weeks ago - Business Wire

IGI Announces that it has Filed its Full Year 2023 Annual Report on Form 20-F, including Audited Financial Statements, with the SEC

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has filed its Annual Report on Form 20-F, which includ...

5 weeks ago - Business Wire

IGI Declares Extraordinary Cash Dividend and Regular Ordinary Common Share Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has declared an extraordinary cash...

2 months ago - Business Wire

IGI Reports Fourth Quarter and Full Year 2023 Condensed and Unaudited Financial Results

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the fourth quarter and full year of 2023....

2 months ago - Business Wire

IGI Provides Preliminary Unaudited Fourth Quarter and Full Year 2023 Financial Results Highlights in Advance of the Annual AIFA Conference

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced preliminary unaudited financial results highlights for the fou...

2 months ago - Business Wire

IGI to Release Fourth Quarter and Full Year 2023 Financial Results on March 12, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the fourth qu...

4 months ago - Business Wire

IGI Announces Quarterly Ordinary Common Share Dividend

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has declared an ordinary common sh...

6 months ago - Business Wire

IGI Reports Third Quarter and First Nine Months of 2023 Condensed and Unaudited Financial Results

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the third quarter and first nine months o...

6 months ago - Business Wire

IGI to Release Third Quarter and Nine Months 2023 Financial Results on November 14, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the third qua...

7 months ago - Business Wire

IGI Issues Notice of Redemption With Respect to its Outstanding Warrants

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (Nasdaq: IGIC) announced today that it has issued a notice of redemption pursuant to which it...

8 months ago - Business Wire

IGI Announces Expiration and Results of the Offer to Purchase and Consent Solicitation Relating to its Warrants

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (Nasdaq: IGIC) today announced that it has successfully completed a tender process with regar...

8 months ago - Business Wire

IGI Announces Extension of the Expiration Date of the Offer to Purchase and Consent Solicitation Relating to its Warrants

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (Nasdaq: IGIC) today announced that it has extended the expiration date of its previously com...

9 months ago - Business Wire

IGI Announces Extension of the Expiration of the Previously Commenced Offer to Purchase and Consent Solicitation Relating to its Warrants

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (Nasdaq: IGIC) today announced that it has extended the expiration date of its previously com...

9 months ago - Business Wire

IGI Reports Second Quarter and First Half Year 2023 Condensed and Unaudited Financial Results

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the second quarter and first six months o...

9 months ago - Business Wire

IGI Announces Commencement of an Offer to Purchase and Consent Solicitation Relating to its Warrants

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (Nasdaq: IGIC) today announced that it has commenced an offer to purchase (the “Offer”) all o...

10 months ago - Business Wire

IGI to Release Second Quarter and Half Year 2023 Financial Results on August 15, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the second qu...

10 months ago - Business Wire

IGI Announces Waleed Jabsheh to Succeed Wasef Jabsheh as CEO

HAMILTON, Bermuda--(BUSINESS WIRE)--The Board of Directors of International General Insurance Holdings Ltd. (“IGI” or the “Company”) (Nasdaq: IGIC) today announced that effective July 1, 2023, founder...

11 months ago - Business Wire

IGI Reports First Quarter 2023 Condensed and Unaudited Financial Results

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the first quarter of 2023 based on Genera...

1 year ago - Business Wire

IGI to Release First Quarter 2023 Financial Results on May 16, 2023

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it expects to release financial results for the first qua...

1 year ago - Business Wire

IGI Announces That It Has Filed Its Full Year 2022 Annual Report on Form 20-F, Including Audited Financial Statements, with the SEC

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has filed its Annual Report on Form 20-F, which includ...

1 year ago - Business Wire

IGI Announces Completion of the Acquisition of Norway-based MGA Energy Insurance Oslo

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced the completion of the acquisition of Norway-based managing gen...

1 year ago - Business Wire

IGI Reports Fourth Quarter and Full Year 2022 Condensed and Unaudited Financial Results

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the fourth quarter and full year of 2022....

1 year ago - Business Wire