International General Insurance Holdings Ltd. (IGIC)
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]
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 StatementsAnalyst 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.
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'...
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 ...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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....