International General Insurance Holdings (IGIC) Other Accumulated Expenses (2017 - 2023)
International General Insurance Holdings (IGIC) recorded Other Accumulated Expenses of $72.4 million in Q1 2023, down 2.6% from $74.3 million a year earlier and down 19.9% from the prior quarter.
International General Insurance Holdings (IGIC) Other Accumulated Expenses (2017 - 2023) Analysis & Trends
At the end of FY2022, International General Insurance Holdings reported Other Accumulated Expenses of $90.4 million, up 1.0% from FY2021.
- Annual Other Accumulated Expenses has increased for five straight years, with a five-year compound annual growth rate of 38.6% (FY2017 to FY2022).
- Across earlier years, Other Accumulated Expenses came in at $89.52 million in FY2021 (+363.4%), $19.32 million in FY2020 (+7.4%), $17.99 million in FY2019 (+0.9%) and $17.82 million in FY2018 (+0.9%).
- The Q1 2023 figure is the lowest quarterly Other Accumulated Expenses since Q1 2021.
- On a year-over-year basis, Other Accumulated Expenses rose in six of the last eight quarters, with growth averaging 54.4%.
- Peak year-over-year performance for Other Accumulated Expenses in the last five years was growth of 363.4% in Q4 2021, against a decline of 3.7% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $90.4 million (Q4 2022), $88.9 million (Q3 2022) and $90.1 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - |
| 10 | International General Insurance Holdings | 1.05 Bn | 166.99 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 72.40 Mn |
| Dec 31, 2022 | 90.40 Mn |
| Sep 30, 2022 | 88.90 Mn |
| Jun 30, 2022 | 90.10 Mn |
| Mar 31, 2022 | 74.30 Mn |
| Dec 31, 2021 | 89.52 Mn |
| Sep 30, 2021 | 81.20 Mn |
| Jun 30, 2021 | 93.59 Mn |
| Mar 31, 2021 | 57.20 Mn |
| Dec 31, 2020 | 19.32 Mn |
| Sep 30, 2020 | 71.40 Mn |
| Jun 30, 2020 | 75.71 Mn |
| Dec 31, 2019 | 17.99 Mn |
| Dec 31, 2018 | 17.82 Mn |
| Dec 31, 2017 | 17.65 Mn |
International General Insurance Holdings Other Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=IGIC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "ticker": "IGIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=IGIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();