IGI Q4 net income rises 7.7% despite lower premiums

International General Insurance Holdings

24/02/2026 21:14

Overview

Specialty insurer's Q4 net income rose 7.7% yr/yr despite lower premiums

Combined ratio for Q4 increased to 82% due to higher expenses and CAT losses

Company declared $0.05 per share dividend for Q4 2025

Outlook

Company did not provide specific financial guidance in its press release

Result Drivers

PREMIUM DECLINE - Gross written premiums fell due to previously disclosed non-renewal of a professional indemnity binder in the Specialty Long-tail Segment

REINSURANCE GROWTH - Reinsurance Segment's gross written premiums rose 20.1% for the full year, boosting underwriting income

HIGHER EXPENSES - Increased expense ratios due to higher human resource and IT/software costs

Company press release: ID:nBw4Plkfya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Core Operating EPS
Meet
$0.80
$0.80 (2 Analysts)
Q4 EPS
$0.76
Q4 Net Income
$32.30 mln
Q4 Combined Ratio
82.00%
Q4 Core Operating Income
$34.10 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy."

Wall Street's median 12-month price target for International General Insurance Holdings Ltd is $30.00, about 20% above its February 23 closing price of $25.01

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)