International General Insurance Holdings Ltd. (IGIC)
NASDAQ:IGIC
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Earnings Data
Report Date
Aug 13, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.7Last Year’s EPS
0.77Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely positive operational and financial performance: underwriting results and ROE were strong, core operating income and EPS improved meaningfully, long-tail recovery was notable, and management returned capital to shareholders while positioning the business to capitalize on dislocations caused by geopolitical events. Key negatives include a modest decline in gross written premiums, notable but manageable Middle East conflict-related losses (~$15M net, including a $10.5M energy loss), increased competitive pressures in some lines, and a drop in total equity reflecting capital returns. On balance, the company demonstrated resilience, disciplined cycle management and clear opportunity-readiness despite near-term geopolitical losses.Company Guidance
Strong Underwriting Performance
Underwriting income of $37.7M in Q1 2026, up 35.1% year-over-year, driving a combined ratio of 89.1% (improvement of 5.3 points vs Q1 2025) and demonstrating disciplined underwriting despite market headwinds.
Core Operating Income and EPS Growth
Core operating income of $24.4M ($0.56 per share) versus $19.5M ($0.42) in Q1 2025 — roughly a 25% increase in core operating income and ~33% increase in core EPS year-over-year.
Return on Equity in Line with Long-Term Averages
Return on average equity of 12.7% and core operating ROE of 14.3%, both consistent with the company's long-term targets and signaling solid capital productivity.
Long-Tail Segment Recovery and Growth
Long-tail top line increased ~22%, driven by new business in professional indemnity and marine liability; underwriting income rose materially (approximately a $25M increase), indicating improvement after prior multi-year challenges.
Favorable Reserve Development
Q1 combined ratio reflected ~29 points of favorable prior-year reserve development, contributing materially to improved profitability and demonstrating prior reserving conservatism paying off.
Capital Returns and Shareholder Distributions
Total capital returned to shareholders of nearly $65M in the period ($51.5M in dividends including a $1.15 special dividend and ~$13.1M in share repurchases); repurchased ~545,000 shares at an average price of $24.11 with ~4.1M shares remaining under a 5M authorization.
Solid Balance Sheet and Investment Yield
Total assets $2.1B with investments and cash $1.3B; fixed income allocation generated ~$14M investment income in Q1 for a yield of 4.3% and an average duration of ~3.5 years.
Nimble Cycle Management and Opportunity Positioning
GWP discipline (GWP $197.2M, down 4.5% YoY) driven by selective non-renewals and portfolio management; management highlighted strong positioning to capitalize on market dislocation (notably in political violence, marine war/cargo, specialty treaty lines) following recent geopolitical events.
International General Insurance Holdings (IGIC) Earnings, Revenues Date & History
IGIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IGIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $25.12 | $26.50 | +5.49% |
Feb 24, 2026 | $24.14 | $23.97 | -0.71% |
Nov 04, 2025 | $20.20 | $21.32 | +5.54% |
Aug 05, 2025 | $22.23 | $23.04 | +3.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does International General Insurance Holdings Ltd. (IGIC) report earnings?
International General Insurance Holdings Ltd. (IGIC) is schdueled to report earning on Aug 13, 2026, After Close (Confirmed).
What is International General Insurance Holdings Ltd. (IGIC) earnings time?
International General Insurance Holdings Ltd. (IGIC) earnings time is at Aug 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IGIC EPS forecast?
IGIC EPS forecast for the fiscal quarter 2026 (Q2) is 0.7.