International General Insurance Holdings Ltd. (IGIC)

IGIC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	981	767.58	491.08	420.92	393.62	211.49
Investments in Equity & Preferred Securities	29.6	29.73	36.32	26.46	33.27	33.49
Other Investments	119.5	158.35	309.26	179.97	172.21	119.75
Total Investments	1,130	955.67	836.66	672.19	641.89	412.25
Cash & Equivalents	160.5	177.02	122.14	237.15	133.44	192.46
Reinsurance Recoverable	320.2	321.1	288.82	425.72	404.17	323.1
Other Receivables	272	256.69	216.7	5.07	5.25	2.78
Deferred Policy Acquisition Cost	67.5	65.27	57.94	64.84	55.17	41.71
Property, Plant & Equipment	-	26.11	27.16	14.86	13.17	12.74
Other Intangible Assets	-	-	-	4.32	4.71	3.89
Restricted Cash	-	18	15.8	5	-	-
Other Current Assets	-	-	-	4.69	4.2	2.94
Long-Term Deferred Tax Assets	3.5	4.16	5.79	0.47	-	-
Long-Term Deferred Charges	-	-	-	17.24	17.1	17.03
Other Long-Term Assets	56.1	13.89	9.01	0.19	0.11	0.18
Total Assets	2,010	1,838	1,580	1,452	1,279	1,009
Accounts Payable	-	-	-	11.26	5.01	1.72
Accrued Expenses	-	-	-	12.77	10.97	7.22
Insurance & Annuity Liabilities	93.2	89.7	90.35	5	2.59	2.61
Unpaid Claims	770.7	712.1	636.25	575.9	492.26	413.05
Unearned Premiums	461.8	443.53	389.86	342.45	288.31	215.12
Reinsurance Payable	-	-	-	84.52	80.87	50.93
Current Portion of Leases	-	0.97	-	1	0.76	0.52
Current Income Taxes Payable	-	2.85	-	1.25	1.56	0.7
Long-Term Leases	-	1.17	2.66	2.75	2.19	1.04
Long-Term Deferred Tax Liabilities	-	-	-	0.01	-	-
Other Long-Term Liabilities	32.6	47.16	49.96	12.94	13.63	3.66
Total Liabilities	1,358	1,297	1,169	1,050	898.2	696.93
Common Stock	0.5	0.45	0.46	0.49	0.49	143.38
Additional Paid-In Capital	148.3	137.62	147.93	159.55	157.68	2.77
Retained Earnings	502.8	423.05	306.6	232.62	205.04	182.16
Treasury Stock	-3.3	-0.05	-0.01	-	-	-20.1
Comprehensive Income & Other	3.3	-20.64	-44.04	9.21	17.81	3.94
Shareholders' Equity	651.6	540.43	410.94	401.87	381.01	312.14
Total Liabilities & Equity	2,010	1,838	1,580	1,452	1,279	1,009
Filing Date Shares Outstanding	44.34	43.58	45.31	48.88	45.74	48.45
Total Common Shares Outstanding	44.34	43.58	45.31	48.88	45.43	134.03
Total Debt	-	2.13	2.66	3.75	2.95	1.56
Net Cash (Debt)	160.5	174.89	119.48	233.39	130.49	190.9
Net Cash Growth	39.81%	46.38%	-48.81%	78.87%	-31.65%	3.34%
Net Cash Per Share	3.64	4.02	2.62	5.12	3.03	5.57
Book Value Per Share	14.70	12.40	9.07	8.22	8.39	2.33
Tangible Book Value	651.6	540.43	410.94	397.54	376.3	308.26
Tangible Book Value Per Share	14.70	12.40	9.07	8.13	8.28	2.30
Buildings	-	-	-	4	2.68	2.68
Machinery	-	-	-	16.5	16.13	15.89
Construction In Progress	-	-	-	0.14	0.08	0.01
Leasehold Improvements	-	-	-	2.29	1.42	1.41

Source: S&P Capital IQ. Insurance template. Financial Sources.