International General Insurance Holdings Ltd
International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, pol… Read more
International General Insurance Holdings Ltd (IGIC) - Net Assets
Latest net assets as of September 2025: $686.50 Million USD
Based on the latest financial reports, International General Insurance Holdings Ltd (IGIC) has net assets worth $686.50 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.12 Billion) and total liabilities ($1.44 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $686.50 Million |
| % of Total Assets | 32.35% |
| Annual Growth Rate | -1.66% |
| 5-Year Change | 65.94% |
| 10-Year Change | N/A |
| Growth Volatility | 1640295.75 |
International General Insurance Holdings Ltd - Net Assets Trend (2015–2024)
This chart illustrates how International General Insurance Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for International General Insurance Holdings Ltd (2015–2024)
The table below shows the annual net assets of International General Insurance Holdings Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $654.80 Million | +21.16% |
| 2023-12-31 | $540.43 Million | +25.74% |
| 2022-12-31 | $429.80 Million | +6.94% |
| 2021-12-31 | $401.90 Million | +1.85% |
| 2020-12-31 | $394.60 Million | +26.42% |
| 2019-12-31 | $312.14 Million | +3.65% |
| 2018-12-31 | $301.16 Million | +5219378.09% |
| 2017-12-31 | $5.77K | -73.85% |
| 2016-12-31 | $22.07K | -100.00% |
| 2015-12-31 | $760.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to International General Insurance Holdings Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 53170133000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $531.70 Million | 81.20% |
| Common Stock | $500.00K | 0.08% |
| Other Comprehensive Income | $-18.60 Million | -2.84% |
| Other Components | $141.20 Million | 21.56% |
| Total Equity | $654.80 Million | 100.00% |
International General Insurance Holdings Ltd Competitors by Market Cap
The table below lists competitors of International General Insurance Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BCI Minerals Ltd
AU:BCI
|
$356.16 Million |
|
PT Bank Aladin Syariah Tbk
PINK:BKALF
|
$356.20 Million |
|
Summit Hotel Properties Inc
NYSE:INN
|
$356.21 Million |
|
Sk Gas
KO:018670
|
$356.22 Million |
|
Gold Fields Ltd
JSE:GFI
|
$356.05 Million |
|
Shanghai Yct Electronics Group Co.Ltd
SHE:301099
|
$355.74 Million |
|
Dah Sing Banking Group Ltd
PINK:DHSBF
|
$355.61 Million |
|
Jinzai Food Group Co Ltd
SHE:003000
|
$355.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in International General Insurance Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 540,430,000 to 654,800,000, a change of 114,370,000 (21.2%).
- Net income of 135,151,000 contributed positively to equity growth.
- Dividend payments of 26,527,000 reduced retained earnings.
- Share repurchases of 23,153,000 reduced equity.
- Other comprehensive income increased equity by 2,038,000.
- Other factors increased equity by 26,861,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $135.15 Million | +20.64% |
| Dividends Paid | $26.53 Million | -4.05% |
| Share Repurchases | $23.15 Million | -3.54% |
| Other Comprehensive Income | $2.04 Million | +0.31% |
| Other Changes | $26.86 Million | +4.1% |
| Total Change | $- | 21.16% |
Book Value vs Market Value Analysis
This analysis compares International General Insurance Holdings Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.65x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $1.99 | $23.15 | x |
| 2016-12-31 | $0.00 | $23.15 | x |
| 2017-12-31 | $0.00 | $23.15 | x |
| 2018-12-31 | $6.22 | $23.15 | x |
| 2019-12-31 | $6.44 | $23.15 | x |
| 2020-12-31 | $8.85 | $23.15 | x |
| 2021-12-31 | $8.84 | $23.15 | x |
| 2022-12-31 | $9.02 | $23.15 | x |
| 2023-12-31 | $12.43 | $23.15 | x |
| 2024-12-31 | $14.64 | $23.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently International General Insurance Holdings Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.70%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 3.11x
- Recent ROE (20.64%) is below the historical average (27128.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 12.29% | 20.81% | 0.22x | 2.67x | $6.51 Million |
| 2016 | 149308.85% | 17.84% | 976.46x | 8.57x | $32.95 Million |
| 2017 | 121860.31% | 3.92% | 745.14x | 41.74x | $7.03 Million |
| 2018 | 8.48% | 12.28% | 0.23x | 3.00x | $-4.57 Million |
| 2019 | 7.55% | 9.43% | 0.25x | 3.23x | $-7.65 Million |
| 2020 | 7.15% | 8.84% | 0.24x | 3.36x | $-10.85 Million |
| 2021 | 11.65% | 13.49% | 0.24x | 3.61x | $6.62 Million |
| 2022 | 21.71% | 22.63% | 0.25x | 3.80x | $48.14 Million |
| 2023 | 21.87% | 24.77% | 0.31x | 2.81x | $64.15 Million |
| 2024 | 20.64% | 25.70% | 0.26x | 3.11x | $69.67 Million |
Industry Comparison
This section compares International General Insurance Holdings Ltd's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $29,608,843,500
- Average return on equity (ROE) among peers: 13.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| International General Insurance Holdings Ltd (IGIC) | $686.50 Million | 12.29% | 2.09x | $356.05 Million |
| Alm. Brand A/S (ABDBY) | $13.40 Billion | 5.80% | 1.64x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $31.87 Billion |
| ageas SA/NV (AGESF) | $8.80 Billion | 12.71% | 10.19x | $10.79 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $39.89 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| AXA SA (AXAHF) | $52.40 Billion | 13.72% | 11.30x | $66.04 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |