International General Insurance Holdings Ltd

International General Insurance Holdings Ltd

IGIC · NASDAQ · Financial Services / Insurance - Diversified

24.36USD+0.47 (+1.97%)

Price History

Full chart

Market Stats

Previous Close23.89
Open23.80
Day Range23.51 – 24.41
52-Week Range19.65 – 29.50
Volume60.30K
Market Cap1.05B
P/E (TTM)9.80
Forward P/E7.97
EPS2.51
Dividend Yield1.22%
Beta0.13
50-Day Avg26.76
200-Day Avg25.57

About

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.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Diversified
  • CEOMr. Waleed Wasef Jabsheh
  • Employees484
  • Headquarters74 Abdel Hamid Sharaf Street, Amman, Jordan, 11194, USA
  • Websitehttps://www.iginsure.com

Leadership

  • Mr. Wasef Salim JabshehFounder & Executive Chairman · b. 1943
  • Mr. Waleed Wasef JabshehCEO, President & Director · b. 1976
  • Mr. Pervez RizviGroup Chief Financial Officer · b. 1961
  • Mr. Hatem Wasef JabshehGroup Chief Operating Officer · b. 1980
  • Mr. Mamraj ChaharVice President of Investment
  • Mr. Subir KumarChief Technology & Information Officer
  • Ms. Rawan AlsulaimanChief Legal & Compliance Officer
  • Aaida Abu JaberAssistant Vice President of PR & Marketing
  • Mr. Tandy HarrisChief Human Resources Officer
  • Mr. Tim DeardonChief Claims Officer

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue168.20M184.68M179.48M207.99M249.94M308.27M347.01M394.37M477.08M525.95M516.70M
Growth (%)-+9.80%-2.81%+15.89%+20.17%+23.34%+12.56%+13.65%+20.97%+10.24%-1.76%
Cost of Revenue-121.80M139.87M144.07M177.43M222.22M232.66M227.76M264.06M295.65M215.80M
Gross Profit168.20M184.68M39.61M63.92M72.52M86.06M114.35M166.61M213.02M230.30M300.90M
Gross Margin100.00%100.00%22.07%30.73%29.01%27.92%32.95%42.25%44.65%43.79%58.23%
Operating Expense130.50M153.93M32.59M38.32M47.26M56.73M65.72M74.44M86.97M98.01M173.70M
Operating Income37.70M30.75M7.02M25.60M25.25M29.33M48.63M92.17M126.05M132.29M127.20M
Operating Margin22.41%16.65%3.91%12.31%10.10%9.51%14.01%23.37%26.42%25.15%24.62%
EBITDA177.60M183.85M8.50M26.96M27.32M32.14M48.57M90.94M128.59M135.69M130.78M
EBITDA Margin105.59%99.55%4.74%12.96%10.93%10.43%14.00%23.06%26.95%25.80%25.31%
Net Income35.00M32.95M7.03M25.54M23.57M27.25M46.81M89.23M118.19M135.15M127.20M
Net Income Margin20.81%17.84%3.92%12.28%9.43%8.84%13.49%22.63%24.77%25.70%24.62%
Interest Expense00129.75K153.00K108.43K325.00K358.00K132.00K---
Interest Expense % of Total Revenue0.00%0.00%0.07%0.07%0.04%0.11%0.10%0.03%---

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets761.00M189.13K240.87K903.14M1.01B1.28B1.45B1.56B1.52B2.04B2.10B
Total Liabilities51.33K167.06K235.10K601.98M696.93M884.60M1.05B1.13B976.37M1.38B1.39B
Total Equity284.90M22.07K5.77K301.16M312.14M381.01M401.90M410.94M540.43M654.80M710.15M
Cash468.70M25.00K5.35K184.73M192.46M133.40M231.75M122.14M177.02M155.25M186.18M
Total Debt-167.06K204.56K1.73M1.56M2.95M3.75M3.07M2.13M4.24M1.56M
Net Debt-468.70M142.06K199.22K-183.01M-190.90M-130.45M-238.35M-134.93M-177.02M-155.25M-186.18M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--2.93K12.96M104.09M21.40M-90.57M129.79M-85.35M196.61M209.47M108.14M
Investing Cash Flow--12.07M-1.57M-1.15M-1.03M-1.91M-2.49M-1.24M-90.36M-186.57M35.93M
Financing Cash Flow20.00K7.93K-11.47M-19.14M-16.47M35.66M-16.89M-14.25M-49.16M-49.68M-107.45M
Capital Expenditure011.47M1.62M1.15M1.06M1.91M2.35M1.27M3.25M6.63M944.00K
Free Cash Flow--11.47M11.34M102.94M20.35M-92.48M127.44M-86.62M193.36M202.84M107.19M
Dividends Paid-14.34M11.47M4.09M10.82M4.36M16.11M10.81M1.75M26.53M46.20M
FCF to OCF-391015.85%87.47%98.90%95.06%102.10%98.19%101.48%98.35%96.84%99.13%
Dividend Paid to FCF--125.02%101.17%3.97%53.16%-4.71%12.64%-12.48%0.90%13.08%43.10%

Earnings

Report DateJun 30, 2018Sep 30, 2018Mar 26, 2019May 2, 2019Jul 30, 2019Nov 12, 2019Feb 10, 2020May 14, 2020Aug 14, 2020Nov 12, 2020Mar 11, 2021May 20, 2021Aug 12, 2021Nov 12, 2021Mar 3, 2022May 19, 2022Aug 18, 2022Nov 10, 2022Mar 2, 2023May 16, 2023Aug 15, 2023Nov 14, 2023Feb 29, 2024May 7, 2024Aug 6, 2024Nov 5, 2024Feb 25, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Feb 24, 2026May 5, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate--------0.020.100.060.140.200.240.240.240.250.300.360.280.300.570.440.620.690.640.670.660.470.550.910.820.710.630.77
EPS Actual-0.01-0.00-0.02-0.02-0.03-0.04-0.09-0.020.210.130.090.300.180.310.280.490.590.560.280.620.830.790.650.890.740.670.650.420.510.870.800.560.44-
Surprise-------1.00%110.00%116.67%-35.71%50.00%-25.00%29.17%16.67%96.00%96.67%55.56%0.00%106.67%45.61%79.55%4.84%28.99%15.63%0.00%-1.52%-10.64%-7.27%-4.40%-1.89%-21.13%-30.16%-
Timing-------After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.05B
Enterprise Value839.11M
Trailing P/E9.80
Forward P/E7.97
Price / Sales1.99
Price / Book1.55
EPS2.51
Book Value16.05
Revenue (TTM)524.18M
Gross Profit (TTM)227.33M
EBITDA122.93M
Profit Margin20.65%
Operating Margin15.33%
Return on Equity16.26%
Return on Assets3.47%
Shares Outstanding42.47M
Shares Float13.31M
Beta0.13
Dividend Yield1.22%
Dividend Rate0.30
Payout Ratio50.56%

Analyst Ratings

Strong Buy
Based on 1 analystsTarget 31.00
  • Strong Buy
    1

Ownership Breakdown

Institutions
39.56%
Insiders
40.75%
Retail / Other
19.69%

Top Institutional Holders

  • Royce & Associates, LP
    3.22M7.63%
  • Gilder Gagnon Howe & CO LLC
    1.21M2.87%
  • Diamond Hill Capital Management, LLC
    526.28K1.24%
  • Heartland Advisors Inc
    300.00K0.71%
  • Shay Capital LLC
    195.55K0.46%
  • Deroy & Devereaux Private Invmt Coun Inc
    184.81K0.44%
  • Citadel Advisors Llc
    125.63K0.30%
  • Renaissance Technologies Corp
    117.26K0.28%
  • Hingham Institution for Savings
    80.40K0.19%
  • Westwood Holdings Group Inc
    76.20K0.18%
  • Legal & General Group PLC
    67.09K0.16%

Top Fund Holders

  • Royce Small-Cap Total Return Invmt
    1.06M2.50%
  • Royce Small-Cap Trust
    960.76K2.27%
  • Royce Small-Cap Fund Invmt
    752.18K1.78%
  • Diamond Hill Small Cap Inv
    395.67K0.94%
  • Russell Inv Tax-Managed US Mid&Sm Cap S
    301.96K0.71%
  • Heartland Value Investor
    300.00K0.71%
  • Royce Micro-Cap Trust
    290.70K0.69%
  • Royce Micro-Cap Invmt
    124.52K0.29%
  • L&G Frontier Markets Eq Z USD Acc
    67.09K0.16%

Dividends

20264×
0.07Aug 18, 20260.07May 28, 20261.15Mar 18, 20260.05Mar 13, 2026
20254×
0.05Dec 17, 20250.05Aug 29, 20250.05Jun 2, 20250.85Apr 4, 2025
20244×
0.03Dec 3, 20240.03Aug 30, 20240.03Jun 3, 20240.50Mar 28, 2024
20235×
0.01Nov 29, 20230.86Oct 4, 20230.01Aug 30, 20230.01Jun 1, 20230.01Apr 5, 2023
20224×
0.01Nov 28, 20220.01Sep 1, 20220.01Jun 3, 20220.19Apr 4, 2022
20212×
0.16Aug 20, 20210.17Apr 1, 2021
20201×
0.09Aug 21, 2020