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| Date | Value |
|---|---|
| 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 |