Added to YB: 2024-04-09
Pitch date: 2024-04-03
IGIC [bullish]
International General Insurance Holdings Ltd.
+123.9%
current return
Author Info
Cluseau Research seeks to exploit these two edges by identifying special situations that provide a compelling risk-to-reward that are “off limits” to traditional Institutional Investors. Sign up for the newsletter.
Company Info
International General Insurance Holdings Ltd. engages in the provision of specialty insurance and reinsurance solutions in the United Kingdom, Europe, Central and South America, the Middle East and Africa.
Market Cap
$1.1B
Pitch Price
$12.46
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.12
P/E
9.07
EV/Sales
1.74
Sector
Insurance
Category
value
$IGIC - a standout in specialty insurance
IGIC: Specialty insurer at 5.5x '24 earnings, below industry & peers despite 20% organic growth, clean balance sheet, no debt. Well-capitalized, pays dividend, repurchasing shares. Mgmt owns 31% with no sales. Short-tail energy focus allows flexibility with profits.
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