International General Insurance Holdings Ltd. (IGIC) SEC Filings & Earnings Calls
EquiReason read 28 International General Insurance Holdings Ltd. SEC filings in the last 12 months. Latest: 6-K on 2026-09-08 — 6-K filing of interim condensed consolidated financial statements and MD&A for six months ended June 30, 2026. routine periodic report..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 1.1B
- P/E TTM
- 9.9
- Dividend yield
- 4.1%
- 52-week
- —
- Next earnings
- 3 Nov, in 10 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
1 Sep 20266-KIGI announces launch of Cipher Underwriting Ltd., a specialty treaty reinsurance MGA focused on cyber, owned 60% by IGI, targeting high-growth cyber treaty reinsurance market.open
Risks flagged
Cipher's operations subject to regulatory approvals including Bermuda Monetary Authority licensing; execution risk in new platform.
“The commencement of Cipher's operations remains subject to applicable regulatory approvals, including the registration and licensing of Cipher by the Bermuda Monetary Authority.” · word for word
5 Aug 20266-KIGI reports Q2 and H1 2026 results: net income $20.9M (Q2) and $42.5M (H1); combined ratio 95.1% (Q2) and 92.2% (H1); gross written premiums up 7.4% in Q2; declares ordinary dividend.earningsopen
Figures in the filing · each found in the filing text
| Gross written premiums · Q2-2026 | $202M | +7% y/y |
| Net premiums earned · Q2-2026 | $125M | +9% y/y |
| Underwriting income · Q2-2026 | $30M | -16% y/y |
| Net investment income · Q2-2026 | $18M | +2% y/y |
| Net income · Q2-2026 | $21M | -39% y/y |
| Combined ratio · Q2-2026 | 95.1% | |
| Earnings per share (diluted) · Q2-2026 | $0.49 | -36% y/y |
| Return on average equity (annualized) · Q2-2026 | 12.6% | |
| Core operating income · Q2-2026 | $19M | -18% y/y |
| Core operating earnings per share (diluted) · Q2-2026 | $0.44 | -14% y/y |
Risks flagged
Elevated catastrophe losses from Middle East war impacting underwriting profitability
“CAT losses related to the war in the Middle East were the primary driver of elevated loss activity during the second quarter and the first six months of 2026.” · word for word
Large non-CAT energy loss recognized in Q1 2026
“Results for the first half of 2026 also included the impact of a large (non-CAT) energy loss recognized during the first quarter, which had no material movement in the second quarter.” · word for word
5 Aug 20266-KIGI publishes Q2 2026 investor presentation highlighting 10-year average core ROE of 14.5% and combined ratio of 87.1%, zero financial leverage, and A (Stable) rating. No current-period financial results or guidance provided.earningsopen
Figures in the filing · each found in the filing text
| Core ROE (10-year average) · 2016-2025 | 14.5% | |
| Combined ratio (10-year average) · 2016-2025 | 87.1% | |
| Total assets · 2026-06-30 | $2.20B | |
| Gross written premium (FY2025) · FY2025 | $667M |
Risks flagged
Exposure to geopolitical conflicts and trade disruptions
“Effects of hostilities between Russia and Ukraine, Middle East conflicts, Red Sea shipping route disruptions, and tariffs.”
Currency fluctuation risk
“Risks related to fluctuations in global currencies including GBP, EUR, USD.”
3 Aug 2026SC 13D/AOman International Development & Investment Co. SAOG filed an amendment to its Schedule 13D, reporting a reduction in its stake in IGIC through open market sales, but still holds 21.4% for investment purposes.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-08-03 | 21.4% |
3 Aug 2026SC 13D/AOman International Development & Investment Co. SAOG filed an amendment to its Schedule 13D, reporting a reduction in its stake in IGIC through open market sales, but still holds 21.4% for investment purposes.open
Figures in the filing · each found in the filing text
| Beneficial ownership percentage · 2026-08-03 | 21.4% |
8 Jun 20266-KIGI secured a license to operate a reinsurance branch in India's GIFT City, expanding its global footprint into a fast-growing economy. Long-term growth opportunity but no immediate financial impact.open
Risks flagged
Execution risk in new market; regulatory and operational challenges in India.
“Forward-looking statements note risks including changes in demand, competition, and regulatory changes.”
15 May 20266-KIGI increases quarterly dividend by 50% to $0.075 per share, third consecutive annual increase.open
Figures in the filing · each found in the filing text
| Quarterly dividend per share · Q2-2026 | $0.07 | +50% y/y |
5 May 20266-KIGI filed an investor presentation for Q1 2026. No material new financial results or events; presentation contains forward-looking statements and strategic overview.open
Figures in the filing · each found in the filing text
| Total Assets · Q1-2026 | $2.10B | |
| 10-Year Average Core ROE · 2016-2025 | 14.5% | |
| 10-Year Average Combined Ratio · 2016-2025 | 87.1% |
Risks flagged
Presentation includes extensive forward-looking statements with numerous risk factors, but no specific new risks identified.
“Factors that may cause such differences include, but are not limited to: (1) changes in demand for IGI’s services...” · word for word
5 May 20266-KIGI reported Q1 2026 net income $21.7M, combined ratio 89.1% (improved from 94.4% YoY), core operating ROE 14.3%. Underwriting income up 35.2% YoY. Returned $65M to shareholders via buybacks and dividends.earningsopen
Figures in the filing · each found in the filing text
| Gross Written Premiums · Q1-2026 | $197M | -5% y/y |
| Net Premiums Earned · Q1-2026 | $111M | -1% y/y |
| Underwriting Income · Q1-2026 | $38M | +35% y/y |
| Net Investment Income · Q1-2026 | $14M | -13% y/y |
| Net Income · Q1-2026 | $22M | -21% y/y |
| Combined Ratio · Q1-2026 | 89.1% | |
| Diluted EPS · Q1-2026 | $0.49 | -17% y/y |
| Annualized ROE · Q1-2026 | 12.7% | |
| Core Operating Income · Q1-2026 | $24M | +25% y/y |
| Core Operating EPS (Diluted) · Q1-2026 | $0.56 | +33% y/y |
Risks flagged
War losses in the Middle East continue to impact results, with $21.3M CAT losses in Q1 2026.
“catastrophe (“CAT”) losses of $21.3 million primarily related to the war and ongoing conflict in the Middle East” · word for word
Gross written premiums declined 4.5% YoY due to non-renewal of two reinsurance programs and softening market conditions.
“Gross written premiums were $197.2 million... compared to $206.5 million... with the decline primarily due to the non-renewal of two sizeable reinsurance programmes.” · word for word
Specialty Short-tail segment underwriting income declined significantly from $25.0M to $9.2M due to war losses.
“Underwriting income was $9.2 million for the first quarter of 2026 compared to $25.0 million for the same quarter of 2025, with the decrease largely the result of the war and ongoing conflict in the Middle East.” · word for word
21 Apr 202620-FAnnual report for FY2025 showing continued profitable growth with strong underwriting performance, but with significant catastrophe losses.earningsopen
Figures in the filing · each found in the filing text
| Gross Premiums Written · FY2025 | $667M | |
| Combined Ratio · FY2020-FY2025 | 82.8% | |
| Annualized ROE · FY2020-FY2025 | 18.2% | |
| Net Incurred Catastrophe Losses · FY2025 | $27M | |
| Fixed Income Securities · 2025-12-31 | $1.07B | |
| Dividend Per Share · Q2-2025 | $0.05 |
Risks flagged
Catastrophe Loss Exposure
“Our operations expose us to claims arising out of unpredictable natural and other catastrophe events, such as hurricanes, windstorms, hailstorms, tornadoes, tsunamis, severe winter weather, earthquakes, floods, fires, explosions, global pandemics, political unrest, drilling, mining and other industrial accidents, cyber events and terrorism.” · word for word
Reserve Inadequacy
“Estimating insurance reserves is inherently uncertain and, if our loss reserves are insufficient, it will have a negative impact on our results.” · word for word
Interest Rate Risk
“The fair value of fixed maturity securities generally decreases as interest rates rise.” · word for word
Geopolitical Risk
“Military conflicts have resulted in direct losses arising from physical damage, violence and sabotage, including potential losses associated with marine risks and upstream energy assets.”
Reinsurer Credit Risk
“We cannot guarantee that our reinsurers will pay in a timely fashion, if at all, and, as a result, we could experience losses.” · word for word
24 Mar 2026SC 13D/AInsider (Executive Chairman) received restricted stock award, maintaining significant ownership stake; no activist intent or change in control disclosed.open
Figures in the filing · each found in the filing text
| Beneficial Ownership Percentage · 2026-03-18 | 34.0% |
24 Mar 2026SC 13D/AInsider (Executive Chairman) received restricted stock award, maintaining significant ownership stake; no activist intent or change in control disclosed.open
Figures in the filing · each found in the filing text
| Beneficial Ownership Percentage · 2026-03-18 | 34.0% |
25 Feb 20266-KIGI declares extraordinary cash dividend of $1.15 per common share, payable April 6, 2026 to shareholders of record March 18, 2026.open
Figures in the filing · each found in the filing text
| extraordinary cash dividend per common share · Q1-2026 | $1.15 |
24 Feb 20266-KIGI reports Q4 and FY2025 results: net income $32.3M (Q4) and $127.2M (FY), combined ratio 82.0% (Q4) and 85.9% (FY), declares ordinary dividend.earningsopen
Figures in the filing · each found in the filing text
| Gross written premiums · Q4-2025 | $141M | -19% y/y |
| Net premiums earned · Q4-2025 | $111M | -8% y/y |
| Underwriting income · Q4-2025 | $47M | -4% y/y |
| Net investment income · Q4-2025 | $15M | +7% y/y |
| Net income · Q4-2025 | $32M | +8% y/y |
| Combined ratio · Q4-2025 | 82.0% | |
| Earnings per share (diluted) · Q4-2025 | $0.76 | +17% y/y |
| Return on average equity (annualized) · Q4-2025 | 18.5% | |
| Core operating income · Q4-2025 | $34M | -17% y/y |
| Core operating earnings per share (diluted) · Q4-2025 | $0.80 | -10% y/y |
Risks flagged
Higher catastrophe losses and lower net premiums earned pressured underwriting income and combined ratio.
“CAT losses of 13.0% for full year 2025 vs 9.2% in 2024; combined ratio increased to 85.9% from 79.9%.”
Expense ratio increased due to higher human resource and IT/software costs.
“Expense ratio 38.3% for FY2025 vs 35.2% in FY2024, driven by higher HR and IT costs.”
8 Dec 20256-KIGI declared a quarterly ordinary common share dividend of $0.05 per share for the period July 1, 2025 – September 30, 2025, payable December 31, 2025.open
Figures in the filing · each found in the filing text
| Dividend per share · Q3-2025 | $0.05 |
4 Nov 20256-KIGI reports Q3 2025 net income $33.5M, combined ratio 76.5% (improved from 86.0%), underwriting income $51.4M (+24.2% YoY), core operating ROE 22.9%, book value per share +9.3% YTD.earningsopen
Figures in the filing · each found in the filing text
| Net income · Q3-2025 | $34M | -3% y/y |
| Earnings per share (diluted) · Q3-2025 | $0.75 | 0% y/y |
| Combined ratio · Q3-2025 | 76.5% | |
| Underwriting income · Q3-2025 | $51M | +24% y/y |
| Net premiums earned · Q3-2025 | $115M | -9% y/y |
| Gross written premiums · Q3-2025 | $131M | -5% y/y |
| Net investment income · Q3-2025 | $13M | +14% y/y |
| Core operating income · Q3-2025 | $39M | +26% y/y |
| Core operating earnings per share (diluted) · Q3-2025 | $0.87 | +30% y/y |
| Return on average equity (annualized) · Q3-2025 | 19.9% |
Risks flagged
Catastrophe losses of $45.8M in first nine months; currency revaluation impact on loss reserves.
“catastrophe losses ('CAT losses') of $45.8 million, as well as the impact of currency revaluation movements of non-U.S. dollar loss reserves” · word for word
Decline in net premiums earned due to disciplined underwriting and currency effects.
“decline in net premiums earned and the negative impact of currency revaluation movements” · word for word
International General Insurance Holdings Ltd. — questions
- What did International General Insurance Holdings Ltd. file recently?
- 28 SEC filings in the last 12 months. Latest: 6-K on 2026-09-08 — 6-K filing of interim condensed consolidated financial statements and MD&A for six months ended June 30, 2026. routine periodic report.
Every figure on this page comes from International General Insurance Holdings Ltd.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.