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About International General Insurance Holdings Ltd.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
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.
How they make money
International General Insurance Holdings Ltd. operates as an international specialty insurance and reinsurance group. It generates revenue primarily through the underwriting of diverse specialty insurance risks, collecting premiums from policyholders and reinsurers, and managing investment portfolios to earn income on its float.
Products & services
Underwrites a diverse portfolio of specialty lines including energy, property, general aviation, construction & engineering, ports & terminals, marine cargo, marine trades, contingency, political violence, financial institutions, commercial general liability, legal expenses, professional indemnity, D&O, marine liability, and reinsurance treaty business.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Overall investment score · Quality, value, risk and opportunity
72
Strong
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
77
Strong
Financial Strength
98
Business Quality / Moat
56
Management
100
Growth Quality
28
Risk / Durability
93
Great Company · Attractive Price
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
73
Fair
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
68/100
Building Historical Record
Model Score 68/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
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WSS View
The quick read
The overall Wall Street Score is strong across its combined quality, valuation and risk inputs. Review Company Quality separately to assess the business without its share price.
At today’s price, the WSS valuation framework currently reads as relatively attractive.
The model outlook is currently moderate.
What we like
•Strong overall Wall Street Score
•Balance-sheet / debt profile scores strongly
•Asset quality scores strongly
•Valuation scores attractively
•Recent buyback activity is present
What to watch
•Revenue fundamentals are weak
Company-specific research
Questions worth answering for IGIC
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•Can IGIC maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
•Is IGIC's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
•How is IGIC likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
•Is IGIC's valuation discount tied to a temporary concern or to a longer-term business risk?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for IGIC
Detected from reported data — verify before acting.
Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on IGIC.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Diverse portfolio of specialty insurance lines.
+Global underwriting reach.
+Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
−Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Insurance - Diversified industry.
−Underwriting risk and potential for large losses.
−Investment market volatility.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdown
Wall Street Score
Strong72/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Elite
100
Debt Cost—
Debt Reduction YoY100.0%
Debt / Equity0.00x
Tap for breakdown →
Revenue
Poor
27
Revenue YoY0.1%
Revenue CAGR4.1%
Net Margin21.0%
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Asset
Strong
72
Asset Growth YoY3.1%
Liquidation/Share$15.31
Net Assets/MCap2.10x
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Capital
Strong
86
Earnings Yield10.5%
Buyback Yield2.9%
Debt Cost—
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Management
Elite
100
ROIC27.0%
ROE16.2%
ROA5.0%
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Moat
Fair
56
EPS Growth21.0%
FCF/Share Growth-21.9%
Rev/Share Growth12.7%
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Valuation
Elite
100
Intrinsic Value$68.10
Value Reference$40.86
MOS63.9%
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Buffett
Strong
75
Revenue27
Moat56
Valuation100
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MOS
Elite
100
MOS %63.9%
Value Reference$40.86
Deep Discount Reference$27.24
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Financial
Fair
52
Interest Coverage—
ROIC27.0%
FCF Yield10.3%
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Master
Fair
69
Financial52
Valuation100
Debt100
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Resilience
Strong
74
Survival Years2.5 yrs
Current Ratio0.75x
FCF Margin20.7%
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Score Changes
3 historical score records available
Previous Score
71
Aug 14, 2026
Change
+1.1
points
Current Score
72
Oct 1, 2026
Category Changes
Revenue+1.5
Debt0
Assets0
Capital+2.0
Management0
Moat0
Valuation+15.0
Buffett+1.8
IGIC increased 1.1 points because Capital improved by 2 points, Valuation improved by 15 points.
Positive Contributors
+ Capital improved by 2 points
+ Valuation improved by 15 points
Projected Score
Projected Score
66
Projected Change
-6.4 points
Preliminary comparable-period financial changes suggest decline of approximately 6.4 points. This is a projected estimate, not the official WallStreetScore.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
$517.0M
$516.7M
$526.0M
$477.1M
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Cost of Revenue
$260.5M
$215.8M
$295.6M
$264.1M
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Gross Profit
$256.5M
$300.9M
$230.3M
$213.0M
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Research & Development
$0.00
$0.00
$0.00
$0.00
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SG&A Expenses
$47.8M
$0.00
$90.4M
$78.9M
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Operating Expenses
$149.7M
$173.7M
$98.0M
$87.0M
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EBITDA
$106.8M
$130.8M
$135.7M
$128.6M
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Operating Income
$106.8M
$127.2M
$132.3M
$126.0M
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Interest Expense
$0.00
$0.00
$0.00
$0.00
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Income Before Tax
$106.8M
$127.2M
$132.3M
$126.0M
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····
····
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Income Tax Expense
-$1.6M
$0.00
-$2.9M
$7.9M
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Net Income
$108.4M
$127.2M
$135.2M
$118.2M
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Basic EPS
$2.49
$2.89
$3.01
$2.58
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Basic Shares
42.65M
43.70M
44.23M
42.94M
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Diluted Shares
42.65M
43.70M
44.74M
43.47M
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Upgrade to Premium for up to 10 annual periods, where available.
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Cash position grew
What Weakened
Margins contracted
Potential Score Impact
Positive indicators included cash levels. Pressure indicators included revenue growth, EPS growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 0.3%. EPS declined 36.4%. Cash increased 19.6%. Net income margin declined by 9.2 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
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Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
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Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.