IGIC International General Insurance Holdings Ltd.
Price Chart
Executive Summary
International General Insurance Holdings Ltd. (IGIC) filed its 20-F annual report, revealing a decline in full-year 2025 net income to $127.2 million from $135.2 million in 2024, driven by lower premiums and higher catastrophe losses. This follows recent board changes and an extraordinary cash dividend, signaling a shift in governance and capital return strategy.
Actionable Insight
Monitor the company's 2026 quarterly results for signs of recovery in premium growth and underwriting performance, as the recent decline in earnings and premiums could pressure the stock price despite the positive signal from the special dividend.
Key Facts
- Net income for 2025 was $127.2 million, down from $135.2 million in 2024.
- Full-year 2025 gross written premiums were $666.7 million, down from $700.1 million in 2024.
- The company declared an extraordinary cash dividend of $1.15 per common share in February 2026.
- Board member David Anthony retired, and Thomas A. Collett joined as a new director in March 2026.
- The combined ratio for the full year 2025 was 85.9%, up from 79.9% in 2024.
Financial Impact
Net income declined by $8 million year-over-year, with gross written premiums down $33.4 million.
Risk Factors
- Declining revenue and net income may continue if the company cannot reverse the trend in gross written premiums.
- Increased exposure to catastrophe events could lead to further earnings volatility.
Market Snapshot
Documents Analyzed
This report is based on 12 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 20-F Filing (Primary) | 0001794338-26-000012 |
| Document: a2025newamendments-amended.htm | 0001794338-26-000012 |
| Document: igic-20251231xexx121.htm | 0001794338-26-000012 |
| Document: igic-20251231xexx122.htm | 0001794338-26-000012 |
| Document: igic-20251231xexx81.htm | 0001794338-26-000012 |
| Document: igic-20251231xexx131.htm | 0001794338-26-000012 |
| Document: igic-20251231xexx132.htm | 0001794338-26-000012 |
| Document: igic-20251231xexx152.htm | 0001794338-26-000012 |
| Document: igic-20251231xexx151.htm | 0001794338-26-000012 |
| Document: 0001794338-26-000012-index-headers.html | 0001794338-26-000012 |
| Document: 0001794338-26-000012-index.html | 0001794338-26-000012 |
| Document: 0001794338-26-000012.txt | 0001794338-26-000012 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 9, 2026
5d ago
|
6-K
| $25.05 awaiting T+5 | awaiting T+5 | — | $25.11 (+0.26%) |
|
Jun 8, 2026
6d ago
|
6-K
| $25.57 awaiting T+5 | awaiting T+5 | — | $25.11 (−1.80%) |
|
May 29, 2026
16d ago
|
6-K
| $24.36 $25.61 | ▲ +5.13% | ▲ +7.88% | $25.11 (+3.08%) |
|
May 15, 2026
4w ago
|
6-K
| $25.18 $25.12 | ▼ −0.24% | ▼ −1.86% | $25.11 (−0.29%) |
|
Apr 21, 2026
7w ago
|
20-F
| $26.40 $26.33 | ▲ +0.27% | ▲ +0.32% | $25.11 (+4.89%) |
US Market Status
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