Earnings ·
IGIC posts $20.9M net income in Q2 2026 as gross written premiums rise 7.4% to $201.7 million
IGICInternational General Insurance Holdings Ltd.
International General Insurance Holdings Ltd. reported second quarter and first six months of 2026 financial results, posting net income of $20.9 million for the quarter and $42.5 million for the half-year, compared to $34.1 million and $61.4 million respectively in the prior year period. Gross written premiums increased 7.4% to $201.7 million in Q2 2026, driven by growth in Short-tail and Reinsurance segments, including new business in India. The combined ratio was 95.1% for the quarter and 92.2% for the six months, impacted by significant catastrophe losses related to the war in the Middle East. Diluted earnings per share were $0.49 for Q2 and $0.98 for H1 2026. The Board declared an ordinary common share dividend of $0.075 per share, payable on September 2, 2026 to shareholders of record as of August 18, 2026. Total shareholders' equity decreased to $669.0 million at June 30, 2026. International General Insurance Holdings Ltd. is an international specialty risks commercial insurer and reinsurer.