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IGIC logo IGIC
Upturn stock ratingUpturn stock rating
IGIC logo

International General Insurance Holdings Ltd (IGIC)

Upturn stock ratingUpturn stock rating
$26.46
Delayed price
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

04/01/2025: IGIC (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type Stock
Historic Profit 110.59%
Avg. Invested days 84
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.19B USD
Price to earnings Ratio 8.88
1Y Target Price 31.5
Price to earnings Ratio 8.88
1Y Target Price 31.5
Volume (30-day avg) 86084
Beta 0.26
52 Weeks Range 12.78 - 27.76
Updated Date 04/1/2025
52 Weeks Range 12.78 - 27.76
Updated Date 04/1/2025
Dividends yield (FY) 0.38%
Basic EPS (TTM) 2.98

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 25.08%
Operating Margin (TTM) 28.55%

Management Effectiveness

Return on Assets (TTM) 4.69%
Return on Equity (TTM) 22.62%

Valuation

Trailing PE 8.88
Forward PE 8.8
Enterprise Value 1071806910
Price to Sales(TTM) 2.21
Enterprise Value 1071806910
Price to Sales(TTM) 2.21
Enterprise Value to Revenue 2.04
Enterprise Value to EBITDA -
Shares Outstanding 45108900
Shares Floating 26887986
Shares Outstanding 45108900
Shares Floating 26887986
Percent Insiders 50.89
Percent Institutions 51.31

Analyst Ratings

Rating 4.5
Target Price 29
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

International General Insurance Holdings Ltd

stock logo

Company Overview

overview logo History and Background

International General Insurance Holdings Ltd. (IGI) was established in 2001 in Amman, Jordan. It initially operated as a reinsurance company before expanding into direct insurance. IGI has grown organically and through strategic expansion, becoming a prominent player in specialty insurance and reinsurance markets.

business area logo Core Business Areas

  • Energy, Property, and Casualty: Offers a comprehensive suite of coverage for property damage, business interruption, and liability risks related to energy assets, commercial properties, and general casualty exposures.
  • Political Violence, Financial Lines, and Construction & Engineering: Provides specialized insurance solutions for political risks, financial institutions (D&O, E&O), and construction and engineering projects.
  • Ports & Terminals: Offers insurance and reinsurance solutions designed to protect ports, marine terminals, and related infrastructure against various risks, including property damage, liability, and business interruption.

leadership logo Leadership and Structure

Wasef Jabsheh is the Vice Chairman and Chief Executive Officer. The company operates with a board of directors and a management team overseeing various functional areas.

Top Products and Market Share

overview logo Key Offerings

  • Energy Insurance: Covers onshore and offshore energy assets, including drilling rigs, pipelines, and refineries. IGI's market share in this segment is estimated to be relatively small, but it is a specialist player. Key competitors include Chubb, AIG, and Allianz.
  • market share: Estimated at less than 5% in the global energy insurance market. Competitors include AXA XL, Zurich.
  • Property Insurance: Provides coverage for commercial properties against risks such as fire, theft, and natural disasters. Market share data for IGI is not readily available. Competitors include Travelers, Liberty Mutual, and Hartford Financial Services.
  • market share: Difficult to specify; relies on geographical areas served and specialized needs. Competitors include Chubb, AIG, AXA XL.
  • Political Violence Insurance: Protects businesses against losses due to political instability, terrorism, and civil unrest. IGI has a growing presence in this niche market. Competitors include Beazley, Hiscox, and Lloyd's Syndicates.
  • market share: Small but growing; relies on specialized knowledge and geographical expertise. Competitors include insurers at Lloyd's.

Market Dynamics

industry overview logo Industry Overview

The specialty insurance and reinsurance market is characterized by complex risks and requires specialized underwriting expertise. The industry is influenced by factors such as global economic conditions, geopolitical events, and regulatory changes.

Positioning

IGI positions itself as a specialist insurer and reinsurer focusing on niche markets with complex risks. Its competitive advantage lies in its underwriting expertise, global presence, and strong relationships with brokers and clients.

Total Addressable Market (TAM)

The specialty insurance market is valued in the hundreds of billions of dollars globally. IGI is positioned to capture a portion of this TAM through its focus on specific sectors and regions.

Upturn SWOT Analysis

Strengths

  • Specialized underwriting expertise
  • Global presence
  • Strong relationships with brokers and clients
  • Focus on niche markets
  • Experienced management team

Weaknesses

  • Smaller size compared to larger competitors
  • Limited brand recognition in some markets
  • Dependence on specific sectors and regions
  • Higher expense ratio compared to peers

Opportunities

  • Expanding into new geographic markets
  • Developing new insurance products and services
  • Leveraging technology to improve efficiency
  • Acquiring smaller competitors
  • Capitalizing on increasing demand for specialty insurance

Threats

  • Increased competition from larger insurers
  • Adverse claims experience
  • Economic downturns
  • Geopolitical instability
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • CB
  • AIG
  • WRB

Competitive Landscape

IGI faces competition from larger, more established insurers. Its competitive advantage lies in its specialization and regional expertise, but its smaller size can limit its ability to compete on price or capacity.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Requires accessing financial databases for historical growth data and trends.

Future Projections: Requires analyst estimates from financial databases.

Recent Initiatives: Requires reviewing company press releases and investor presentations.

Summary

International General Insurance Holdings Ltd. is a specialist insurer and reinsurer that focuses on niche markets. While it has strengths in underwriting and global reach, its smaller size presents challenges. Future success depends on capitalizing on growth opportunities and managing competitive pressures. Maintaining expense control is crucial to improve profitability.

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Sources and Disclaimers

Data Sources:

  • Company Website
  • Industry Reports
  • Financial News Articles

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market share estimates are approximate and based on available data. Financial data is illustrative and may not reflect current performance.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About International General Insurance Holdings Ltd

Exchange NASDAQ
Headquaters -
IPO Launch date 2020-03-18
CEO, President & Director Mr. Waleed Wasef Jabsheh
Sector Financial Services
Industry Insurance - Diversified
Full time employees -
Full time employees -

International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, motor, marine liability, contingency, marine, treaty, and casualty insurance and reinsurance. The company was founded in 2001 and is based in Amman, Jordan.

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