International General Insurance Holdings Ltd (IGIC) - Net Assets
Based on the latest financial reports, International General Insurance Holdings Ltd (IGIC) has net assets worth $653.60 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.75 Billion) and total liabilities ($1.10 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. Check tangible equity quality of International General Insurance Holdings to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $653.60 Million |
| % of Total Assets | 37.33% |
| Annual Growth Rate | -0.69% |
| 5-Year Change | 76.7% |
| 10-Year Change | 3218044.74% |
| Growth Volatility | 1565816.08 |
International General Insurance Holdings Ltd - Net Assets Trend (2015–2025)
This chart illustrates how International General Insurance Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See International General Insurance Holdings defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for International General Insurance Holdings Ltd (2015–2025)
The table below shows the annual net assets of International General Insurance Holdings Ltd from 2015 to 2025. For live valuation and market cap data, see market value of International General Insurance Holdings.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $710.15 Million | +8.45% |
| 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 61262733000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $612.63 Million | 86.27% |
| Common Stock | $428.00K | 0.06% |
| Other Comprehensive Income | $10.27 Million | 1.45% |
| Other Components | $86.82 Million | 12.23% |
| Total Equity | $710.15 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 |
|---|---|
|
Insigma
SHG:600797
|
$1.08 Billion |
|
Vedant Fashions Limited
NSE:MANYAVAR
|
$1.08 Billion |
|
Eit Environmental Development Group
SHE:300815
|
$1.08 Billion |
|
Greenworks (Jiangsu) Co. Ltd. A
SHE:301260
|
$1.08 Billion |
|
Guangzhou Metro Design And Research
SHE:003013
|
$1.08 Billion |
|
Douglas Dynamics Inc
NYSE:PLOW
|
$1.08 Billion |
|
Changzhou Qianhong Biopharma Co Ltd
SHE:002550
|
$1.08 Billion |
|
Nanjing Panda Electronics Co Ltd
SHG:600775
|
$1.08 Billion |
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 2024 to 2025, total equity changed from 654,800,000 to 710,148,000, a change of 55,348,000 (8.5%).
- Net income of 127,200,000 contributed positively to equity growth.
- Dividend payments of 46,197,000 reduced retained earnings.
- Share repurchases of 61,922,000 reduced equity.
- New share issuances of 664,000 increased equity.
- Other comprehensive income increased equity by 28,873,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $127.20 Million | +17.91% |
| Dividends Paid | $46.20 Million | -6.51% |
| Share Repurchases | $61.92 Million | -8.72% |
| Share Issuances | $664.00K | +0.09% |
| Other Comprehensive Income | $28.87 Million | +4.07% |
| Other Changes | $6.73 Million | +0.95% |
| Total Change | $- | 8.45% |
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: 1.56x
- 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 12.78x to 1.56x 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 | $25.40 | x |
| 2016-12-31 | $0.00 | $25.40 | x |
| 2017-12-31 | $0.00 | $25.40 | x |
| 2018-12-31 | $6.22 | $25.40 | x |
| 2019-12-31 | $6.44 | $25.40 | x |
| 2020-12-31 | $8.85 | $25.40 | x |
| 2021-12-31 | $8.84 | $25.40 | x |
| 2022-12-31 | $9.02 | $25.40 | x |
| 2023-12-31 | $12.43 | $25.40 | x |
| 2024-12-31 | $14.64 | $25.40 | x |
| 2025-12-31 | $16.25 | $25.40 | 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): 17.91%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.62%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.96x
- Recent ROE (17.91%) is below the historical average (24663.49%), 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 |
| 2025 | 17.91% | 24.62% | 0.25x | 2.96x | $56.19 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: $36,018,090,889
- Average return on equity (ROE) among peers: 7.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| International General Insurance Holdings Ltd (IGIC) | $653.60 Million | 12.29% | 1.68x | $1.08 Billion |
| Arch Capital Group Ltd. (ACGL) | $12.32 Billion | 13.29% | 2.08x | $32.27 Billion |
| American International Group Inc (AIG) | $107.27 Billion | 7.02% | 3.81x | $39.19 Billion |
| Brookfield Wealth Solutions Ltd. (BNT) | $8.85 Billion | 9.00% | 5.97x | $2.68 Billion |
| Berkshire Hathaway Inc (BRK-A) | $168.96 Billion | 6.07% | 1.32x | $372.85 Billion |
| Berkshire Hathaway Inc (BRK-B) | $5.38 Billion | 7.32% | 0.98x | $686.96 Billion |
| Enstar Group Limited (ESGR) | $514.04 Million | 12.02% | 3.70x | $5.04 Billion |
| FG Financial Group (FGF) | $7.43 Million | -1.62% | 0.37x | $6.32 Million |
| Fidelis Insurance Holdings Limited (FIHL) | $1.99 Billion | 2.65% | 3.18x | $1.79 Billion |
| Hartford Financial Services Group (HIG) | $18.88 Billion | 14.54% | 16.31x | $35.20 Billion |
About International General Insurance Holdings Ltd
International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions in the United Kingdom, Europe, Central and South America, the Middle East and Africa. 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, propert… Read more