International General Insurance Holdings Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 8.67
Dividend & Yield0.22$ (2.81%)
Beta 0.19
Market capitalization 379.65M
Operating cash flow N/A
ESG Scores unknown

Company description

International General Insurance Holdings Ltd. provides specialty insurance and reinsurance solutions worldwide. The company operates through three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. It underwrites a diversified portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, casualty, financial institutions, marine, contingency, and treaty reinsurance. The company was founded in 2001 and is based in Amman, Jordan.

Sector: Financial Services - Industry: Insurance—Diversified

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 9.22M 38.86M 73.18M 54.15M
Total Cashflows From Investing Activities -1.15M -1.03M -1.91M -2.49M
Net Borrowings -606k -606k -796k -783k
Total Cash From Financing Activities -19.14M -16.48M 35.66M -16.89M
Change To Operating Activities 36.04M 24.66M 31.24M 88.78M
Issuance Of Stock
Net Income 25.54M 23.57M 27.25M 43.7M
Change In Cash 80.58M 7.73M -59.02M 108.71M
Effect Of Exchange Rate -3.22M 3.83M -2.21M -1.7M
Total Cash From Operating Activities 104.09M 21.4M -90.57M 129.79M
Depreciation 1.29M 1.91M 1.88M 2.31M
Change To Account Receivables 952k -3.52M -55.87M -20M
Other Cashflows From Financing Activities 40.82M 40.82M 40.82M
Change To Netincome 4.34M -16.06M -3.18M 2.43M
Capital Expenditures -415k -443k -344k -1.49M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 25.6M 25.25M 29.33M 45.44M
Net Income 25.54M 23.57M 27.25M 43.7M
Selling General Administrative 35.35M 39.16M 46.72M 58.55M
Gross Profit 65.39M 65.35M 87.85M 115.93M
Ebit 28.88M 24.82M 36.75M 51.41M
Operating Income 28.88M 24.82M 36.75M 51.41M
Interest Expense -108k -108k -203k -358k
Income Tax Expense 62k 1.69M 2.08M 1.75M
Total Revenue 209.46M 242.78M 310.06M 378.32M
Cost Of Revenue 144.07M 177.43M 222.22M 262.39M
Total Other Income ExpenseNet -3.28M 434k -7.42M -5.97M
Net Income From Continuing Ops 25.54M 23.57M 27.25M 43.7M
Net Income Applicable To Common Shares 25.54M 23.57M 25.49M 40.65M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 601.98M 696.93M 898.2M 1.05B
Total Stockholder Equity 301.16M 312.14M 381.01M 401.87M
Other Current Liabilities 142.41M 168.24M 233.75M 265.23M
Total Assets 903.14M 1.01B 1.28B 1.45B
Common Stock 143.38M 143.38M 486k 489k
Other Current Assets 331.44M 327.32M 410.6M 433.58M
Retained Earnings 169.41M 182.16M 205.04M 232.62M
Treasury Stock -14.39M -16.16M 17.81M 9.21M
Cash 184.73M 192.46M 133.44M 242.15M
Total Current Liabilities 349.8M 403.49M 541.89M 585.47M
Other Stockholder Equity 658.77k 3.94M 17.81M 9.21M
Property, Plant, and Equipment 12.22M 12.73M 13.17M 14.86M
Total Current Assets 532.08M 662.84M 708.35M 842.43M
Net Tangible Assets 298.23M 308.26M 376.3M 397.54M
Net Receivables 642.34k 200k 1.03M 143k
Accounts Payable 201.53M 227.5M 296.42M 306.46M


Insider Transactions

Here are the insider transactions of stock shares related to International General Insurance Holdings Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to International General Insurance Holdings Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on International General Insurance Holdings Ltd

Here is the result of two systematic investment strategies applied to International General Insurance Holdings Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on International General Insurance Holdings Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to International General Insurance Holdings Ltd:

International General Insurance Holdings Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 12.7% on the backtest period.

Performance at glance

Performance

12.7 %

Latent gain

127.0 $

Invested capital

999.94 $

Annualized return

7.3 %
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Momentum strategy results on International General Insurance Holdings Ltd

This is the result of two momentum investment strategies applied to International General Insurance Holdings Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on International General Insurance Holdings Ltd

The following chart shows all the entries opened by the momentum investment system on International General Insurance Holdings Ltd:

International General Insurance Holdings Ltd momentum entries
  • The first momentum investment strategy would give 16.03% of return on International General Insurance Holdings Ltd. That represents 562.24$ of latent gain with 3508.2$ of employed capital.
  • The second momentum investment strategy would give 15.31% of return on International General Insurance Holdings Ltd. That represents 190.96$ of latent gain with 1247.15$ of employed capital.
Performance at glance (1Q Momentum)

Performance

16.03 %

Latent gain

562.24 $

Invested capital

3508.2 $

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

15.31 %

Latent gain

190.96 $

Invested capital

1247.15 $

Annualized return

12.15 %

Momentum equity curve on International General Insurance Holdings Ltd

The following chart shows the equity curve of the two momentum strategies applied to International General Insurance Holdings Ltd:

International General Insurance Holdings Ltd momentum equity

Note: the dividends potentially given by International General Insurance Holdings Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on International General Insurance Holdings Ltd

The following chart shows the employed capital evolution of the two momentum strategies on International General Insurance Holdings Ltd since the beginning:

International General Insurance Holdings Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on International General Insurance Holdings Ltd

Buy the dip entry openings on International General Insurance Holdings Ltd

International General Insurance Holdings Ltd

The performance achieved by the robo-advisor on International General Insurance Holdings Ltd is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows International General Insurance Holdings Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of International General Insurance Holdings Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

-0.0 %

Equity curve of the strategy applied to International General Insurance Holdings Ltd

The following chart shows the result of the investment strategy applied to International General Insurance Holdings Ltd:

International General Insurance Holdings Ltd

Note: the dividends potentially given by International General Insurance Holdings Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on International General Insurance Holdings Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on International General Insurance Holdings Ltd:

International General Insurance Holdings Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on International General Insurance Holdings Ltd

In this section, I will compare the three previous investment strategies applied to International General Insurance Holdings Ltd.

Equity curve comparison on International General Insurance Holdings Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

International General Insurance Holdings Ltd investment strategy comparison

Employed capital comparison on International General Insurance Holdings Ltd

International General Insurance Holdings Ltd investment comparison

Performance comparison on International General Insurance Holdings Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 12.7% 127.0$ 999.94$ 7.3%
Momentum 1 quarter 16.03% 562.24$ 3508.2$ 10.69%
Momentum 2 quarters 15.31% 190.96$ 1247.15$ 12.15%
Non-directional 0% 0.0$ 0.0$ -0.0%
Annualized return comparison

Automatic investment

7.3 %

Momentum 1Q

12.15 %

Momentum 2Q

12.15 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with International General Insurance Holdings Ltd:

Positive correlations

Most correlated stocks this year

  • International General Insurance Holdings Ltd

  • Most correlated stocks last 3 months

  • XANADU MINES LTD
  • International General Insurance Holdings Ltd

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • PW MEDTECH
  • Mogo Inc (Sub Voting)

  • Note: The algorithm computes the probability of correlation between International General Insurance Holdings Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of International General Insurance Holdings Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name International General Insurance Holdings Ltd
    Country Jordan
    City Amman
    Address 74 Abdel Hamid Sharaf Street
    Phone 962 6 562 2009
    Website www.iginsure.com
    FullTime employees 289
    Industry Insurance—Diversified
    Sector Financial Services
    Exchange XNAS
    Ticker IGIC
    Market www.nasdaq.com

    International General Insurance Holdings Ltd ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown