Financial Services -
Insurance - Diversified - NASDAQ - JO
$ 21.29
-5.84 %
$ 960 M
Market Cap
7.14
P/E
1. INTRINSIC VALUE
Balance Sheet
International General Insurance Holdings Ltd.
| Current Assets | 155 M |
| Cash & Short-Term Investments | 155 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 1.88 B |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | 1.88 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.38 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 1.38 B |
EFFICIENCY
Earnings Waterfall
International General Insurance Holdings Ltd.
| Revenue | 539 M |
| Cost Of Revenue | 0 |
| Gross Profit | 539 M |
| Operating Expenses | 91.9 M |
| Operating Income | 447 M |
| Other Expenses | 312 M |
| Net Income | 135 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
International General Insurance Holdings Ltd.
| Net Income | 135 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | -135 M |
| Free Cash Flow | 0 |
Wall Street Analysts Price Targets
International General Insurance Holdings Ltd.
Wall Street analysts predict an average 1-year price target for IGIC of $19 , with forecasts ranging from
a
low of
$19 to a high of $19 .
IGIC Lowest Price Target
Wall Street Target
19 USD
-10.76%
IGIC Average Price Target
Wall Street Target
19 USD
-10.76%
IGIC Highest Price Target
Wall Street Target
19 USD
-10.76%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.875 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
International General Insurance Holdings Ltd.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
IGI Announces That It Has Filed Its Full Year 2024 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 includes the Company's audited financial statements for the year ended December 31, 2024, with the U.S. Securities and Exchange Commission (“SEC”). The report was filed on April 1, 2025 and can be found on IGI's website at www.iginsure.com in the Investors section under SEC Filings or on the SEC's websit.
businesswire.com
- 2 weeks ago
Strength Seen in International General Insurance (IGIC): Can Its 5.4% Jump Turn into More Strength?
International General Insurance (IGIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
zacks.com
- 1 month ago
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 dividend of $0.85 per common share for the period October 1, 2024 – December 31, 2024, in addition to the Company's regular quarterly common share dividend of $0.025 per share. The extraordinary dividend plus the regular quarterly dividend, totaling $0.875, is payable on April 22, 2025 to sharehol.
businesswire.com
- 1 month ago
International General Insurance Holdings Ltd. (IGIC) Q4 2024 Earnings Call Transcript
International General Insurance Holdings Ltd. (NASDAQ:IGIC ) Q4 2024 Earnings Conference Call February 26, 2025 9:00 AM ET Company Participants Robin Sidders – Head-Investor Relations Wasef Jabsheh – Executive Chairman Waleed Jabsheh – President and Chief Executive Officer Pervez Rizvi - Chief Financial Officer Conference Call Participants Michael Phillips - Oppenheimer Scott Heleniak – RBC Capital Markets Operator Good day, and welcome to the International General Insurance Holdings Ltd.
seekingalpha.com
- 1 month ago
International General Insurance: Underfollowed And Undervalued
IGIC specializes in high-margin specialty insurance, achieving strong combined ratios and ROEs, and remains undervalued despite recent stock gains. Q3'24 results show improved profitability, robust balance sheet growth, and strategic share buybacks, reinforcing the stock's value proposition. Diversified insurance lines and geographies mitigate concentration risks, positioning IGIC for continued double-digit growth and above-average shareholder returns.
seekingalpha.com
- 2 months ago
IGI to Release Fourth Quarter and Full Year 2024 Financial Results on February 25, 2025
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 quarter and full year 2024, on Tuesday, February 25, 2025, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the Investors section of the Company website at www.iginsure.com. The Company will host an investor teleconference, i.
businesswire.com
- 2 months ago
IGI President & CEO Waleed Jabsheh to Present at the 16th Annual Southwest IDEAS Investor Conference on November 20, 2024 in Dallas, Texas
HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that President & CEO Waleed Jabsheh will present at the Southwest IDEAS Investor Conference on Wednesday, November 20, 2024 at The Statler in Dallas, Texas. IGI's presentation is scheduled to begin at 3.30 pm Central Time (4.30 pm Eastern time). The presentation will be webcast and can be accessed through the conference host's website: https://www.threepa.
businesswire.com
- 5 months ago
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 share dividend of $0.025 per share for the period July 1, 2024 – September 30, 2024. The dividend is payable on December 18, 2024 to shareholders of record at the close of business on December 3, 2024. About IGI: IGI is an international specialty risks commercial insurer and reinsurer underwriting a.
businesswire.com
- 5 months ago
Invest In Global Growth With International General Insurance
International General Insurance does what a good insurer does, underwrites profitability, maintains a strong balance sheet, and continues to grow offers specialty insurance globally, showing consistent revenue and earnings growth despite recent margin pressures. International General Insurance's flexible product mix and hands-on management ensure it can capitalize on favorable market opportunities. With a projected intrinsic value of $68, International General Insurance's growth potential outweighs risks like geopolitical disruptions and uncertain priorities with capital allocation.
seekingalpha.com
- 5 months ago
International General Insurance Holdings Ltd. (IGIC) Q3 2024 Earnings Call Transcript
International General Insurance Holdings Ltd. (NASDAQ:IGIC ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Robin Sidders – Head-Investor Relations Wasef Jabsheh – Executive Chairman Waleed Jabsheh – President and Chief Executive Officer Conference Call Participants Scott Heleniak – RBC Operator Good day, and welcome to the International General Insurance Holdings Ltd.
seekingalpha.com
- 5 months ago
IGI Reports Third Quarter and First Nine Months of 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 third quarter and first nine months of 2024. Highlights for the third quarter and first nine months of 2024 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Gross written premiums $138.3 $150.3 $525.5 $523.8 Net prem.
businesswire.com
- 5 months ago
IGI Announces Move to New London Offices
HAMILTON, Bermuda--(BUSINESS WIRE)--International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today announced that they will move their London operations to new offices on the 15th floor of the iconic ‘Walkie-Talkie' Building at 20 Fenchurch Street, London, EC3M 3BY on Monday 28 October 2024. This move reflects the growth of the Company's principle underwriting hub, the significant progress made in recent years, and the Company's continued commitment to the London ma.
businesswire.com
- 5 months ago
8. Profile
Summary
International General Insurance Holdings Ltd. IGIC
COUNTRY
JO
INDUSTRY
Insurance - Diversified
MARKET CAP
$ 960 M
Dividend Yield
0.00%
Description
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.
Contact
74 Abdel Hamid Sharaf Street, Amman, 11194
https://www.iginsure.com
IPO
Date
April 10, 2018
Employees
401
Officers
Mr. Waleed Wasef Jabsheh
Chief Executive Officer, President & Director
Mr. Ruwan Perera
Group Chief Technology & Information Officer
Ms. Rawan Alsulaiman
Chief Legal & Compliance Officer and Company Secretary
Mr. Tandy Harris
Chief Human Resources Officer
Mr. Wasef Salim Jabsheh
Founder & Executive Chairman
Mr. Pervez Rizvi
Group Chief Financial Officer
Mr. Hatem Wasef Jabsheh
Group Chief Operating Officer
Mr. Mamraj Chahar
Vice President of Investment
Ms. Robin Sidders
Head of Investor Relations
Aaida Abu Jaber
Assistant Vice President of PR & Marketing