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International General Insurance Holdings Ltd(IGIC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for IGIC
09/18/2026: IGIC (1-star) is currently NOT-A-BUY. Pass it for now.
International General Insurance Holdings Ltd is a specialized provider of insurance and reinsurance services, focusing on niche specialty risks across global markets. The company is recognized for its disciplined underwriting culture and experienced management team, which have historically supported profitability in complex lines. Its primary growth story revolves around capitalizing on hardening insurance rates and expanding its footprint in key international hubs. However, the company faces risks related to catastrophic event volatility, competition from larger insurers, and the inherent challenges of niche specialty underwriting. It may suit value and dividend-focused investors looking for exposure to global specialty insurance, though investors should monitor underwriting performance and capital efficiency closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While the company has grown, it is an insurance firm primarily focused on underwriting profitability rather than aggressive growth. |
| Momentum investor | Mixed fit | Momentum investors may find the stock attractive during hard market cycles when premium rates increase, provided the price trend is positive. |
| Value investor | Strong fit | The company's focus on underwriting discipline and book value growth often appeals to value-oriented insurance investors. |
| Dividend investor | Strong fit | IGI provides a consistent dividend that is supported by its underwriting profitability and conservative investment income. |
| Low-risk investor | Mixed fit | Insurance underwriting entails inherent risks such as catastrophic loss, which may exceed the risk tolerance of strictly low-risk investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | As a specialty insurer, the stock price can be sensitive to market-wide reinsurance cycles and capital market conditions. |
| Valuation risk | Medium | Valuation is often tied to price-to-book ratios, which can fluctuate based on broader insurance sector sentiment. |
| Competition risk (specialty underwriting) | Medium / high | The company faces competition from larger, well-capitalized global reinsurers who can compete aggressively on price. |
| Business quality | Medium | The company's ability to maintain a low combined ratio determines the quality and sustainability of its underwriting profit. |
| Dividend income | Low | The dividend is generally stable, but is subject to board approval and potential fluctuations in underwriting results. |
| Execution risk | Medium | Successful execution relies on the management team's continued ability to price risks accurately in a changing global landscape. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 41.71% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/18/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.08B USD | Price to earnings Ratio 10.01 | 1Y Target Price 31 |
Price to earnings Ratio 10.01 | 1Y Target Price 31 | ||
Volume (30-day avg) 79.9K shares | Beta 0.13 | 52 Weeks Range 19.65 - 29.50 | Updated Date 09/18/2026 |
52 Weeks Range 19.65 - 29.50 | Updated Date 09/18/2026 | ||
Dividends yield (FY) 1.39% | Basic EPS (TTM) 2.55 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Insurance Underwriting | Premiums collected from specialty policies across energy, marine, property, and professional lines. | The company makes money by collecting more in premiums than it pays out in insurance claims and operating expenses. |
| Investment Portfolio | Interest and dividend income from the firm's invested cash and premium float. | The company earns secondary income by investing the premiums it holds before claims need to be paid. |
Valuation
Trailing PE 10.01 | Forward PE 8.16 | Enterprise Value 881.81M | Price to Sales(TTM) 2.06 |
Enterprise Value 881.81M | Price to Sales(TTM) 2.06 | ||
Enterprise Value to Revenue 1.69 | Enterprise Value to EBITDA - | Shares Outstanding 42.28M | Shares Floating 13.31M |
Shares Outstanding 42.28M | Shares Floating 13.31M | ||
Percent Insiders 40.75 | Percent Institutions 39.56 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About International General Insurance Holdings Ltd
Exchange NASDAQ | Headquarters - | ||
IPO Launch date 2020-03-18 | CEO, President & Director Mr. Waleed Wasef Jabsheh | ||
Sector Financial Services | Industry Insurance - Diversified | Full time employees 484 | Website https://www.iginsure.com |
Full time employees 484 | Website https://www.iginsure.com | ||
International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions in the United Kingdom, Europe, Central and South America, the Middle East and Africa. 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, marine, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.
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