Q4 2025 International General Insurance Holdings Ltd Earnings Call Transcript
Key Points
- International General Insurance Holdings Ltd (IGIC) achieved a 14% growth in book value in 2025.
- The company announced a special dividend of $1.15 per share, marking the third consecutive year of special dividends.
- IGIC delivered a return on average equity of 18.6%, which is above their 10-year average.
- The company reported a combined ratio of just under 86% for the year, indicating strong underwriting performance.
- IGIC's investment income for the full year was just under $55 million, with a yield of about 4.2%.
- Gross premiums for the fourth quarter were down by over 19%, primarily due to the non-renewal of a large professional indemnity binder.
- The full year net income decreased to $127.2 million from $135 million in 2024.
- The combined ratio for the full year was negatively impacted by about 6 points of negative currency revaluation.
- The G&A expense ratio increased due to new hires and system costs, impacting overall expenses.
- The long tail segment remains challenging, with underwriting income significantly impacted by lower net earned premiums and currency valuation movements.
Good day and welcome to the International General Insurance Holdings fourth quarter in full year 2025 financial results conference call. All participants are in a listen-only mode. (Operator Instructions) After today's presentation, there will be an opportunity to ask questions. (Operator Instructions)
Please note this event is being recorded. I would now like to turn the conference over to Robin Sitters, Head of Corporate Relations. Please go ahead.
Thank you, Danielle, and good morning. Welcome to today's conference call. Today we'll be discussing the financial results for the fourth quarter in full year 2025. We issued a press release after the close yesterday, and you can find that on our website.
In the investor relations section, at iginsure.com.
We've also posted a supplementary investor presentation which can be found on our website as well, on the presentation page in the investor section.
On today's call, our executive
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
