Added to YB: 2025-02-07
Pitch date: 2025-02-06
IGIC [bullish]
International General Insurance Holdings Ltd.
-1.76%
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
$25.35
Price Target
N/A
Dividend
4.38%
EV/EBITDA
6.43
P/E
8.52
EV/Sales
1.57
Sector
Insurance
Category
value
Show full summary:
International General Insurance Holdings Ltd. - $IGIC
IGIC: Niche P&C insurer, 200 countries, 41.4% insider ownership. 13% GWP CAGR since 2020, 17% unlevered ROE, 82% avg CR (86% 10yr). Conservative balance sheet, $1.3B A-rated portfolio. Trades at 1.7x BV, potential 1.5-2.5x. Risks: market softening, claim severity. 5-10% BV growth expected. CEO emphasizes profitability over top-line growth.
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