International General Insurance Holdings Ltd
NASDAQ:IGIC

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International General Insurance Holdings Ltd
NASDAQ:IGIC
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Price: 24.28 USD 0.54%
Market Cap: 1.1B USD
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International General Insurance Holdings Ltd
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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International General Insurance Holdings Ltd
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
International General Insurance Holdings Ltd
NASDAQ:IGIC
Pre-Tax Income
$126m
CAGR 3-Years
63%
CAGR 5-Years
38%
CAGR 10-Years
N/A
No Stocks Found

International General Insurance Holdings Ltd
Glance View

Market Cap
1.1B USD
Industry
Insurance

International General Insurance Holdings Ltd., often abbreviated as IGI, operates within the dynamic and often unpredictable world of specialty insurers. Founded with the vision to cater to underserved markets, IGI has strategically positioned itself in areas where its expertise can bridge gaps left by larger insurance companies unwilling to tread complex waters. The company has carved a niche by writing profitable and carefully selected risks across various lines of business, including energy, property, engineering, casualty, and financial institutions. This disciplined underplaying philosophy has allowed IGI to flourish in high-risk sectors where precision in risk assessment and mitigation is paramount. IGI's financial model revolves around balancing underwriting profit and investment income. The company emphasizes underwriting discipline, often using rigorous assessment processes to identify profitable opportunities. By doing so, IGI ensures it maintains a combined ratio—costs versus revenues—below 100%, which is key to profitability in insurance. Furthermore, like many in the field, IGI invests its reserves and premiums collected until claims are paid out, generating additional income streams through a well-managed investment portfolio. This reliance on both strategic insurance underwriting and shrewd investment management allows IGI to sustain growth and profitability, underpinning its robust reputation in the specialty insurance market.

IGIC Intrinsic Value
29.53 USD
Undervaluation 18%
Intrinsic Value
Price

See Also

What is International General Insurance Holdings Ltd's Pre-Tax Income?
Pre-Tax Income
126m USD

Based on the financial report for Dec 31, 2023, International General Insurance Holdings Ltd's Pre-Tax Income amounts to 126m USD.

What is International General Insurance Holdings Ltd's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 5Y
38%

Over the last year, the Pre-Tax Income growth was 37%. The average annual Pre-Tax Income growth rates for International General Insurance Holdings Ltd have been 63% over the past three years , 38% over the past five years .

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