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International General Insurance Holdings Ltd. (IGIC)

NASDAQ: IGIC · IEX Real-Time Price · USD
8.72 0.12 (1.40%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap415.51M
Revenue (ttm)315.12M
Net Income (ttm)40.57M
Shares Out48.88M
EPS (ttm)0.83
PE Ratio10.49
Forward PE8.41
Dividend$0.16 (1.83%)
Ex-Dividend DateAug 20, 2021
Volume17,025
Open8.75
Previous Close8.60
Day's Range8.49 - 8.86
52-Week Range6.45 - 10.86
Betan/a
AnalystsBuy
Price Target11.00 (+26.1%)
Est. Earnings DateNov 11, 2021

About IGIC

International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance segments. It offers a portfolio of specialty lines insurance products and services for energy, property, construction and engineering, ports and terminals, general aviation, political violence, casualty, financial institutions, marine liability, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.

IndustryInsurance-Diversified
Founded2001
Employees252
Stock ExchangeNASDAQ
Ticker SymbolIGIC
Full Company Profile

Financial Performance

In 2020, IGIC's revenue was $283.52 million, an increase of 31.54% compared to the previous year's $215.54 million. Earnings were $31.67 million, an increase of 34.39%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for IGIC stock is "Buy" and the 12-month stock price forecast is 11.00.

Price Target
$11.00
(26.15% upside)
Analyst Consensus: Buy

News

IGI appoints Manpreet Kaur Gill as Asia Pacific Financial and Professional Lines Underwriter

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced the appointment of Manpreet Kaur Gill to the role of Asia Pacifi...

2 weeks ago - Business Wire

IGI's Existing Financial Strength Ratings Assigned to new Malta-based European Subsidiary

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that the financial strength ratings of the IGI group have been a...

1 month ago - Business Wire

IGI Reports Second Quarter and Half-Year 2021 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 of ...

1 month ago - Business Wire

IGI Announces Semi-Annual 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 shar...

1 month ago - Business Wire

IGI to Release Second Quarter and Half Year 2021 Financial Results on August 12, 2021

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 quar...

2 months ago - Business Wire

IGI Granted Approval for a European Subsidiary in Malta

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has set up a European subsidiary in Malta to directly ac...

2 months ago - Business Wire

IGI's Financial Strength Ratings Reaffirmed by S&P Global

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that S&P Global Ratings has affirmed its financial strength rati...

3 months ago - Business Wire

IGI Reports First Quarter 2021 Condensed and Unaudited Financial Results

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported condensed and unaudited financial results for the first quarter 2...

4 months ago - Business Wire

IGI Appoints Emily Clapham as Senior Underwriter for Newly Announced Contingency Line

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced the appointment of Emily Clapham as Senior Underwriter for the C...

4 months ago - Business Wire

IGI to Release First Quarter 2021 Financial Results on May 20, 2021

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 quart...

4 months ago - Business Wire

IGI Announces That It Has Filed Its Full Year 2020 Annual Report on Form 20-F, Including Audited Financial Statements...

HAMILTON, Bermuda--(BUSINESS WIRE)--IGI Announces that it has filed its full year 2020 Annual Report on form 20-F, including Audited Financial Statements, with the SEC

5 months ago - Business Wire

IGI Appoints Richard Foster as Head of Property, Political Violence and Contingency Business; Launches New Contingenc...

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that Richard Foster has joined the Company, based in its London ...

5 months ago - Business Wire

IGI Announces Semi-Annual 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 shar...

5 months ago - Business Wire

IGI Reports Fourth Quarter and Full Year 2020 Condensed and Unaudited Financial Results

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

6 months ago - Business Wire

IGI to Release Fourth Quarter and Full Year 2020 Financial Results on March 11, 2021

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 quar...

7 months ago - Business Wire

IGI Named ‘Reinsurance Company of the Year' at the 7th Middle East Insurance Industry Awards

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that it has been named ‘Reinsurance Company of the Year' at the ...

10 months ago - Business Wire

IGI to Release Third Quarter 2020 Financial Results on November 12, 2020

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 quart...

11 months ago - Business Wire

IGI’s Financial Strength Ratings Affirmed by AM Best

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that AM Best has reaffirmed its financial strength ratings at A ...

11 months ago - Business Wire

IGI Announces Repurchase Authorization for Common Shares and Warrants

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that its Board of Directors has approved a repurchase authorizat...

11 months ago - Business Wire

IGI Appoints Brian James as Class Underwriter for Cargo

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “company”) (NASDAQ: IGIC) today announced the appointment of Brian James as Class Underwriter for Cargo.

1 year ago - Business Wire

IGI Reports Second Quarter and Half-Year 2020 Financial Results

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

1 year ago - Business Wire

IGI Announces Half Year 2020 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 shar...

1 year ago - Business Wire

IGI to Release Second Quarter and Half Year 2020 Financial Results on August 13, 2020

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 quar...

1 year ago - Business Wire

IGI’s Financial Strength Ratings Confirmed by S&P Global

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that S&P Global Ratings has confirmed its financial strength rat...

1 year ago - Business Wire

IGI appoints Ian Noble as Head of Casualty and Professional Lines

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “company”) (NASDAQ: IGIC) today announced the appointment of Ian Noble as Head of Casualty and Professiona...

1 year ago - Business Wire