Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
IGIC logo IGIC
Upturn stock ratingUpturn stock rating
IGIC logo

International General Insurance Holdings Ltd (IGIC)

Upturn stock ratingUpturn stock rating
$22.74
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/04/2025: IGIC (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

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

Number of Analysts

rating

1 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Year Target Price $32

Year Target Price $32

Analyst’s Price TargetsFor last 52 week
$32Target price
Low$13.4
Current$22.74
high$26.8

Analysis of Past Performance

Type Stock
Historic Profit 126.42%
Avg. Invested days 100
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
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 06/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.09B USD
Price to earnings Ratio 8.71
1Y Target Price 32
Price to earnings Ratio 8.71
1Y Target Price 32
Volume (30-day avg) -
Beta 0.25
52 Weeks Range 13.40 - 26.80
Updated Date 06/29/2025
52 Weeks Range 13.40 - 26.80
Updated Date 06/29/2025
Dividends yield (FY) 0.83%
Basic EPS (TTM) 2.76

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 23.16%
Operating Margin (TTM) 16.67%

Management Effectiveness

Return on Assets (TTM) 3.87%
Return on Equity (TTM) 20.63%

Valuation

Trailing PE 8.71
Forward PE 8.99
Enterprise Value 984478569
Price to Sales(TTM) 2.03
Enterprise Value 984478569
Price to Sales(TTM) 2.03
Enterprise Value to Revenue 1.83
Enterprise Value to EBITDA -
Shares Outstanding 45296900
Shares Floating 17601632
Shares Outstanding 45296900
Shares Floating 17601632
Percent Insiders 50.89
Percent Institutions 51.31

Analyst Ratings

Rating 5
Target Price 32
Buy -
Strong Buy 1
Buy -
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 founded in 2001. Initially focused on providing specialty insurance and reinsurance solutions, it has expanded its global presence and product offerings over time. IGI listed on the Nasdaq in 2020 through a business combination with Tiberius Acquisition Corp.

business area logo Core Business Areas

  • Specialty Lines: Includes energy, property, construction & engineering, ports & terminals, general aviation, political violence, financial institutions, professional indemnity, casualty, legal expenses, surety, marine, contingency and reinsurance lines of business.
  • Reinsurance: Provides reinsurance capacity across various lines, including property, casualty, and specialty risks. IGI works with ceding companies to transfer risks and manage capital.

leadership logo Leadership and Structure

Wasef Jabsheh is the Vice Chairman and CEO. The company operates with a board of directors and an executive management team overseeing different functional areas such as underwriting, finance, and operations. It has a global presence with offices in key locations.

Top Products and Market Share

overview logo Key Offerings

  • Competitors: AXA, Allianz, Chubb
  • Property Insurance: Covers physical damage or loss to property from various perils. IGI competes with a range of global and regional insurers. Market share data is not readily available in precise percentage terms, but IGI focuses on specific niches within the property market.
  • Competitors: AXA XL, AIG, Zurich
  • Energy Insurance: Provides coverage for onshore and offshore energy assets. IGI's competitors include major players in the energy insurance sector.
  • Competitors: Allianz, AXA XL, Zurich
  • Construction & Engineering: Designed to protect against construction and engineering risks, IGI's offering competes with specialized engineering insurers.

Market Dynamics

industry overview logo Industry Overview

The specialty insurance market is characterized by cyclicality, with periods of hardening rates followed by softening rates. Factors such as geopolitical risks, natural disasters, and regulatory changes influence market conditions. There is growing opportunity and need for specific insurance products across the global economy.

Positioning

IGI positions itself as a specialist insurer focused on niche markets and complex risks. Its competitive advantages include its underwriting expertise, global network, and ability to provide customized solutions.

Total Addressable Market (TAM)

The total addressable market for specialty insurance is estimated to be in the hundreds of billions of dollars globally. IGI is positioned to capture a portion of this TAM through its specialized offerings and global reach.

Upturn SWOT Analysis

Strengths

  • Strong Underwriting Expertise
  • Global Network
  • Specialized Product Offerings
  • Experienced Management Team
  • Strong Financial Position

Weaknesses

  • Smaller Scale Compared to Larger Competitors
  • Dependence on Key Personnel
  • Volatility in Reinsurance Markets

Opportunities

  • Expansion into New Geographic Markets
  • Development of New Products and Services
  • Increased Demand for Specialty Insurance
  • Strategic Acquisitions
  • Technological Advancements

Threats

  • Increased Competition
  • Economic Downturn
  • Natural Disasters
  • Regulatory Changes
  • Cybersecurity Risks

Competitors and Market Share

competitor logo Key Competitors

  • HCI Group Inc (HCI)
  • RLI Corp (RLI)
  • W. R. Berkley Corporation (WRB)
  • Arch Capital Group Ltd (ACGL)
  • Axis Capital Holdings Limited (AXS)

Competitive Landscape

IGI's advantages include its specialized expertise, global network, and strong customer relationships. Its disadvantages include its smaller scale and limited brand recognition compared to larger competitors.

Major Acquisitions

No acquisitions found

  • Year: 2024
  • Acquisition Price (USD millions): 0
  • Strategic Rationale: No Acquisitions found

Growth Trajectory and Initiatives

Historical Growth: IGI has experienced consistent revenue growth over the past several years, driven by expansion in key markets and product lines.

Future Projections: Analysts project continued revenue growth and profitability improvements for IGI, supported by favorable market conditions and strategic initiatives.

Recent Initiatives: IGI has focused on expanding its geographic footprint, developing new products, and investing in technology to enhance its operations.

Summary

IGI is a specialty insurance company with solid underwriting expertise and global reach. The company has shown consistent revenue growth and improving profitability. While smaller than its major competitors, IGI leverages its niche focus and strong relationships. It faces competition and market cyclicality and the need to expand its product offerings to sustain long-term growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Company Investor Relations
  • Market Research Reports
  • Financial News Outlets

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Market data and analyst estimates are subject to change. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.

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, marine, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.