International General Insurance Holdings (IGIC) Accumulated Expenses (2019 - 2023)

International General Insurance Holdings (IGIC) reported Accumulated Expenses of $72.4 million for Q1 2023, down 2.56% on a YoY basis from $74.3 million in Q1 2022, and down 19.91% quarter-over-quarter from $90.4 million in Q4 2022.

International General Insurance Holdings (IGIC) Accumulated Expenses (2019 - 2023) Analysis & Trends

International General Insurance Holdings has reported Accumulated Expenses for 5 years, with the latest figure at $72.4 million in Q1 2023.

  • For the quarter ending Q1 2023, Accumulated Expenses fell 2.56% year-over-year to $72.4 million; the trailing twelve-month figure through Mar 2023 stood at $72.4 million (down 2.56% YoY), and the FY2022 full-year result was $90.4 million, up 607.74% from the prior year.
  • Accumulated Expenses for Q1 2023 stood at $72.4 million, down from $90.4 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $93.6 million in Q2 2021, with the low at -$8.0 million in Q2 2019.
  • Historically, Accumulated Expenses has averaged $60.7 million across 5 years, with a median of $73.4 million in 2022.
  • Annual changes were most pronounced in 2021 — Accumulated Expenses sank 84.7% — and 2022, when it soared 607.74%.
  • International General Insurance Holdings' Accumulated Expenses stood at $20.5 million in 2019, then jumped by 306.93% to $83.5 million in 2020, then slumped by 84.7% to $12.8 million in 2021, then soared by 607.74% to $90.4 million in 2022, then decreased by 19.91% to $72.4 million in 2023.
  • The last three Accumulated Expenses figures came in at $72.4 million (Q1 2023), $90.4 million (Q4 2022), and $88.9 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 American International 39.85 Bn 1.02 Bn 2.60 Bn
2 Hartford Insurance 35.40 Bn 26.34 Bn 2.15 Bn
3 Arch Capital 32.21 Bn 31.30 Bn 4.02 Bn
4 Brookfield Wealth Solutions 9.95 Bn -3.21 Bn 4.62 Bn
5 FIHL 2.04 Bn 2.04 Bn -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn
7 Waterdrop 632.07 Mn 560.72 Mn 129.34 Mn
8 Sun Life Financial 48.32 Mn -8.02 Bn -
9 Exzeo 1.16 Mn -230.22 Mn 32.74 Mn
10 Aegon 5,067.42 5,067.42 -

Historic Data

Download Data
DateValue
Mar 31, 2023 72.40 Mn
Dec 31, 2022 90.40 Mn
Sep 30, 2022 88.90 Mn
Jun 30, 2022 90.03 Mn
Mar 31, 2022 74.30 Mn
Dec 31, 2021 12.77 Mn
Sep 30, 2021 81.20 Mn
Jun 30, 2021 93.59 Mn
Mar 31, 2021 57.20 Mn
Dec 31, 2020 83.46 Mn
Sep 30, 2020 71.40 Mn
Jun 30, 2020 22.17 Mn
Dec 31, 2019 20.51 Mn
Jun 30, 2019 -7.96 Mn