International General Insurance Holdings Ltd. (IGIC): A Bull Case Theory [Yahoo! Finance]
International General Insurance Holdings Ltd. - Ordinary Shares (IGIC)
Company Research
Source: Yahoo! Finance
A woman in a business suit in an insurance office, analyzing a policy. International General Insurance (IGI) operates as a specialty insurer, providing coverage for long-tail and short-tail risks while offering reinsurance services. These specialized lines of insurance position IGI to focus on complex, niche markets with fewer competitors, giving it an advantage in underwriting profitability. The company's disciplined approach to risk selection has consistently resulted in outperforming industry averages, with a combined ratio well below 100%, ensuring long-term profitability. IGI's emphasis on underwriting quality over volume has allowed it to avoid common industry pitfalls, making it a high-quality player in the sector. The broader property and casualty insurance industry is forecasted to grow at an annual rate of 6.5%, with IGI poised to outpace the market due to its selective approach. Over the next decade, an 8% revenue growth rate for IGI seems achievable, given its ability
Show less
Read more
Impact Snapshot
Event Time:
IGIC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IGIC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IGIC alerts
High impacting International General Insurance Holdings Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
IGIC
News
- IGI Announces Quarterly Ordinary Common Share DividendBusiness Wire
- International General Insurance: A Hidden Gem In Small-Cap Insurance With Strong Upside Potential [Seeking Alpha]Seeking Alpha
- Those who invested in International General Insurance Holdings (NASDAQ:IGIC) three years ago are up 82% [Yahoo! Finance]Yahoo! Finance
- International General Insurance Holdings Ltd. (NASDAQ: IGIC) had its price target raised by analysts at Royal Bank of Canada from $17.00 to $19.00. They now have an "outperform" rating on the stock.MarketBeat
- IGI Reports Second Quarter and Half Year 2024 Unaudited Financial ResultsBusiness Wire
IGIC
Sec Filings
- 8/27/24 - Form 6-K
- 8/22/24 - Form 6-K
- 8/16/24 - Form 6-K
- IGIC's page on the SEC website