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International General Insurance Holdings Ltd. (IGIC) Stock News, Mar-Aug 2023

IGIC NASDAQ

International General Insurance Holdings Ltd. reports developments for an international specialty risks commercial insurer and reinsurer underwriting energy, property, construction and engineering, ports and terminals, general aviation, marine, political violence, financial institutions, professional indemnity, D&O and treaty reinsurance business. Its operating disclosures commonly discuss the Specialty Longtail, Specialty Short-tail and Reinsurance segments, with premiums, underwriting income, combined ratio, net investment income and book value measures.

Company updates also include ordinary and extraordinary common share dividends, annual Form 20-F filing announcements, investor presentations and board or committee changes. IGI is registered in Bermuda and operates across insurance-market hubs including Bermuda, London, Malta, Dubai, Amman, Oslo, Kuala Lumpur and Casablanca.

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International General Insurance Holdings Ltd. (NASDAQ: IGIC) has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission, featuring audited financial statements for the fiscal year ending December 31, 2022. The filing was completed on April 6, 2023, and the report is available on IGI's website and the SEC's site. IGI is recognized as a specialty risks commercial insurer and reinsurer with a diverse portfolio that includes energy, property, and marine trades. The company operates globally and has received strong ratings from AM Best and S&P Global Ratings.

IGI encourages interested parties to request hard copies of the annual report via email.

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International General Insurance Holdings Ltd. (NASDAQ: IGIC) has declared a dividend of $0.01 per share for the period of October 1, 2022 to December 31, 2022. This dividend will be paid on April 21, 2023, to shareholders on record as of April 7, 2023. IGI operates as a specialty insurer, covering diverse lines including energy, property, and marine risks. The company is rated "A" (Excellent) by AM Best and "A-" (Strong) by S&P Global Ratings.

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International General Insurance Holdings Ltd. (NASDAQ: IGIC) has completed the acquisition of Norway-based managing general agency Energy Insurance Oslo AS (EIO). This acquisition aims to expand IGI's existing energy and construction business portfolio in the Nordic markets. The subsidiary will be renamed IGI Nordic AS and is expected to enhance IGI's market presence. IGI has maintained an exclusive partnership with EIO since 2009, which has allowed them to write business in the region. This strategic move follows IGI's commitment to growth and service in specialty risk sectors.

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FAQ

What is the current stock price of International General Insurance Holdings (IGIC)?

International General Insurance Holdings (IGIC) last closed at $23.54.

What is the market cap of International General Insurance Holdings (IGIC)?

The market cap of International General Insurance Holdings (IGIC) is approximately $996.3M.