Added to YB: 2025-08-07
Pitch date: 2025-07-29
IGIC [bullish]
International General Insurance Holdings Ltd.
+3.62%
current return
Author Info
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Company Info
International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide.
Market Cap
$1.0B
Pitch Price
$23.45
Price Target
34.00 (+40%)
Dividend
4.38%
EV/EBITDA
6.43
P/E
8.52
EV/Sales
1.57
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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