Added to YB: 2025-08-07
Pitch date: 2025-07-29
IGIC [bullish]
International General Insurance Holdings Ltd.
+16.4%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$1.1B
Pitch Price
$22.26
Price Target
34.00 (+31%)
Dividend
N/A
EV/EBITDA
7.12
P/E
9.07
EV/Sales
1.74
Sector
Insurance
Category
value
IGIC: Small Float, Big Upside in Specialty Reinsurance
IGIC: Rebought after selling in high-teens. 1Q miss likely one-off; management expects CR & ROE normalization by year-end. High-teens TBV CAGR over decade. Target $34/sh. Specialty insurer (80-85%) trading at 1.6x P/B, undervalued vs peers with similar ROE/growth. Middle East specialty focus. Active buybacks & special dividends.
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