International General Insurance Holdings Ltd. (IGIC)

NASDAQ: IGIC · IEX Real-Time Price · USD
7.74
+0.34 (4.59%)
Jun 24, 2022 3:28 PM EDT - Market closed
4.59%
Market Cap 381.63M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 49.31M
EPS (ttm) 1.07
PE Ratio 7.23
Forward PE 5.18
Dividend $0.36 (4.65%)
Ex-Dividend Date Jun 3, 2022
Volume 7,578
Open 7.50
Previous Close 7.40
Day's Range 7.38 - 7.83
52-Week Range 6.75 - 9.69
Beta 0.36
Analysts Buy
Price Target 10.20 (+31.8%)
Earnings Date Aug 11, 2022

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. It underwrites a diversified portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, casualty, financial institutions, marine, contingency, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan. [Read more...]

Industry Insurance-Diversified
Founded 2001
Employees 289
Stock Exchange NASDAQ
Ticker Symbol IGIC
Full Company Profile

Financial Performance

In 2021, IGIC's revenue was $345.20 million, an increase of 21.76% compared to the previous year's $283.52 million. Earnings were $43.70 million, an increase of 60.35%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for IGIC stock is "Buy." The 12-month stock price forecast is 10.2, which is an increase of 31.78% from the latest price.

Price Target
$10.2
(31.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

IGI Announces Active Capital Management Plan, including a New Quarterly Ordinary Common Share Dividend of $0.01 per C...

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 capital management pl...

IGI Reports First Quarter 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 first quarter of 2022. Highlights for t...

IGI to Release First Quarter 2022 Financial Results on May 19, 2022

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...

IGI Announces that it has Filed its Full Year 2021 Annual Report on Form 20-F, including Audited Financial Statements...

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 includes...

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...

IGI Reports Fourth Quarter and Full Year 2021 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 2021. H...

IGI to Release Fourth Quarter and Full Year 2021 Financial Results on March 3, 2022

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...

IGI Appoints Stav Tsielepis as Chief Risk Officer

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced the appointment of Stav Tsielepis as Chief Risk Officer of the I...

IGI Reports Third Quarter and Nine Month 2021 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 of ...

IGI's Financial Strength Ratings Affirmed by AM Best Global

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

IGI to Release Third Quarter and Nine Months 2021 Financial Results on November 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 third quart...

IGI to Restate Financial Statements in Response to the SEC Staff Statement for Warrants Issued by Special Purpose Acq...

HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) announced today that it will file restated consolidated financial statements as ...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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

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 ...

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 ...

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...