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RBC Capital reiterated coverage of Intl General Insurance with a rating of Outperform and set a new price target of $11.00 from $10.00 previously
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today announced that it has appointed Christopher Jarvis to the role of Chief Underwriting Officer of the IGI Group, effective today. Mr. Jarvis will work with IGI's underwriting team leaders to optimise performance within their existing portfolios in order to support the Group in delivering on its growth and profitability targets. He will also be responsible for evaluating new business opportunities. Based in the Company's London office, Mr. Jarvis is a member of the IGI Executive team and reports to Mr. Waleed Jabsheh, President of IGI. "Chris brings significant experience from his tenure at several Ll
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today announced the appointment of Stav Tsielepis as Chief Risk Officer of the IGI group. Based in the Company's London office, Mr. Tsielepis will work with the executive team with responsibility for administering IGI's risk management framework including the exposure management and capital modelling functions across the group. He will report to Andreas Loucaides, Chief Executive Officer of IGI UK. Mr. Tsielepis, who has 18 years' industry experience, joins from Arch Capital Group's London-based subsidiary Arch Insurance International, where he was Chief Risk Officer with responsibility for key projects s
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today announced the appointment of Manpreet Kaur Gill to the role of Asia Pacific Financial and Professional Lines Underwriter of IGI Labuan. Manpreet will be based in the Company's Kuala Lumpur office. Manpreet has 24 years' industry experience in managing and driving a broad range of financial and professional lines and casualty products. Prior to joining IGI she worked for QBE Malaysia as the Head of Professional Lines, General Liability and Worker's Compensation. Previously, Manpreet was Manager of Casualty and Financial Lines for MCIS Zurich Insurance, which she joined from AIG Malaysia where she was
6-K - International General Insurance Holdings Ltd. (0001794338) (Filer)
6-K - International General Insurance Holdings Ltd. (0001794338) (Filer)
6-K - International General Insurance Holdings Ltd. (0001794338) (Filer)
SC 13G/A - International General Insurance Holdings Ltd. (0001794338) (Subject)
SC 13D/A - International General Insurance Holdings Ltd. (0001794338) (Subject)
SC 13G/A - International General Insurance Holdings Ltd. (0001794338) (Subject)
Intl General Insurance (NASDAQ:IGIC) reported quarterly earnings of $0.89 per share which beat the analyst consensus estimate of $0.67 by 32.84 percent. This is a 43.55 percent increase over earnings of $0.62 per share from the same period last year.
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today announced that they will move their London operations to new offices on the 15th floor of the iconic ‘Walkie-Talkie' Building at 20 Fenchurch Street, London, EC3M 3BY on Monday 28 October 2024. This move reflects the growth of the Company's principle underwriting hub, the significant progress made in recent years, and the Company's continued commitment to the London market. "We are excited about this move, especially to such a prestigious location, and we're delighted to be in the company of a number of our respected London market peers in the Walkie Talkie building," said Waleed Jabsheh, IGI Preside
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a" (Excellent) of International General Insurance Co. Ltd., (IGICL) (Bermuda), International General Insurance Company (UK) Limited (IGIUK) (United Kingdom) and International General Insurance Company (Europe) Ltd. (IGI Europe) (Malta). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) of International General Insurance Holdings Ltd. (IGI) (Bermuda) (NASDAQ:IGIC). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect IGI's consolidated balance sheet strength, which AM Best assesses as very strong, as well as its strong ope
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today announced that it expects to release financial results for the third quarter and first nine months of 2024, on Tuesday, November 5, 2024, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the Investors section of the Company website at www.iginsure.com. The Company will host an investor teleconference, including a question and answer period, on Wednesday, November 6, 2024, at 9:00 a.m. Eastern time to discuss the third quarter and nine months 2024 financial results. The teleconference can be accessed by dialling 1-844-881-013
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today announced that it expects to release financial results for the third quarter and first nine months of 2024, on Tuesday, November 5, 2024, after the close of the U.S. financial markets. The results, along with an accompanying slide presentation, will be posted in the Investors section of the Company website at www.iginsure.com. The Company will host an investor teleconference, including a question and answer period, on Wednesday, November 6, 2024, at 9:00 a.m. Eastern time to discuss the third quarter and nine months 2024 financial results. The teleconference can be accessed by dialling 1-844-881-013
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today announced that its Board of Directors has declared an ordinary common share dividend of $0.025 per share for the period April 1, 2024 – June 30, 2024. The dividend is payable on September 18, 2024 to shareholders of record at the close of business on September 2, 2024. About IGI: IGI is an international specialty risks commercial insurer and reinsurer underwriting a diverse portfolio of specialty lines. Established in 2001, IGI has a worldwide portfolio of energy, property, general aviation, construction & engineering, ports & terminals, marine cargo, marine trades, contingency, political violence
International General Insurance Holdings Ltd. ("IGI" or the "Company") (NASDAQ:IGIC) today reported financial results for the second quarter and first six months of 2024. Highlights for the second quarter and first six months of 2024 include: (in millions of U.S. Dollars, except percentages and per share information) Quarter Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Gross written premiums $205.6 $199.6 $387.2 $373.5 Net premiums earned $121.8 $118.4 $236.4 $223.4 Underwriting income (1) $45.3 $50.2 $97.3 $90.0