International General Insurance (IGIC)

• Market cap: $1.08B
• 1 day: -3.56%
• 5 days: -3.20%
• 1 month: -9.04%
• 3 months: -2.73%
• 6 months: 25.18%
• Year to date: -2.09%
• 1 year: 80.08%
• 5 years: 297.67%
• 10 years: 149.32%
• Sector: Financials
• Industry: Diversified Insurance

About: International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance.

Employees: 473

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

667% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 3

657% more call options, than puts

Call options by funds: $2.73M | Put options by funds: $361K

41% more funds holding

Funds holding: 49 [Q3] → 69 (+20) [Q4]

14% more capital invested

Capital invested by funds: $174M [Q3] → $199M (+$24.2M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

1.89% less ownership

Funds ownership: 20.29% [Q3] → 18.4% (-1.89%) [Q4]

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $31 30% upside
• Avg. target: $32 32% upside
• High target: $32 34% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

RBC Capital Scott Heleniak 70% 1-year accuracy 31 / 44 met price target	30% upside $31	Outperform Maintained	27 Feb 2025
Oppenheimer Michael Phillips 75% 1-year accuracy 6 / 8 met price target	34% upside $32	Outperform Maintained	27 Feb 2025