International General Insurance provides specialty insurance and reinsurance solutions in the United Kingdom, Europe, Central and South America, the Middle East and Africa. Its operations are structured into three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance.
It is involved in underwriting a portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, marine, and treaty reinsurance. Founded in 2001, the company is based in Amman, Jordan.
What does International General Insurance Holdings Ltd. (IGIC) do?
International General Insurance Holdings Ltd. (IGIC) is a specialty insurance and reinsurance provider. The company underwrites a diverse portfolio of specialty risks, including energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, marine, and treaty reinsurance. Its operations are structured into three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. The company serves clients across the United Kingdom, Europe, Central and South America, the Middle East, and Africa. Founded in 2001 and headquartered in Amman, Jordan, IGIC focuses on niche markets where it can leverage its underwriting expertise.
Where is International General Insurance (IGIC) listed and in what currency?
International General Insurance Holdings Ltd. (IGIC) is listed on the Nasdaq Capital Market (NasdaqCM) in the United States. Its shares are traded under the ticker symbol IGIC. The company reports its financials in US Dollars (USD), which is the currency used for its stock trading and financial reporting. Being listed on a US exchange provides the company with access to a broad base of international investors.
What sector and industry does International General Insurance (IGIC) operate in?
International General Insurance Holdings Ltd. (IGIC) operates in the Financial Services sector, specifically within the Insurance - Diversified industry. This classification indicates that the company is involved in multiple lines of insurance and reinsurance, rather than focusing on a single type of coverage. As a diversified insurer, IGIC underwrites a wide range of specialty risks, including energy, property, construction, aviation, political violence, and marine, among others. Its diversified portfolio helps spread risk across different geographies and business lines.
Where is International General Insurance (IGIC) headquartered and what markets does it serve?
International General Insurance Holdings Ltd. (IGIC) is headquartered in Amman, Jordan, where it was founded in 2001. The company serves a broad geographic footprint that includes the United Kingdom, Europe, Central and South America, the Middle East, and Africa. This international presence allows IGIC to underwrite specialty risks across multiple regions, leveraging local expertise and relationships. The company's operations are organized into three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance, each catering to different risk profiles and durations.
How does International General Insurance (IGIC) generate revenue through its business segments?
International General Insurance (IGIC) generates revenue by underwriting specialty insurance and reinsurance policies across three segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance. The Specialty Long-tail segment covers risks that may take years to settle, such as professional lines and financial institutions. The Specialty Short-tail segment includes risks with shorter claim cycles, like property, construction, and energy. The Reinsurance segment involves assuming risks from other insurers, providing diversification. By focusing on niche markets and maintaining underwriting discipline, IGIC aims to generate profitable premium income and investment returns on the float.