International General Insurance Holdings Ltd. (NASDAQ: IGIC)

International General Insurance Holdings Ltd. is a highly-rated global provider of specialty insurance and reinsurance solutions. The company underwrites a diversified portfolio of specialty risks that includes energy, property, construction and engineering, ports and terminals, general aviation, political violence, professional lines, financial institutions, marine, contingency, and treaty reinsurance. Its underwriting strategy emphasizes individually assessed risks, data analytics, and modern technology to offer flexible, customized products while maintaining a disciplined approach to risk selection and portfolio diversification.

International General Insurance Holdings Ltd. generates revenue chiefly through the collection of gross written premiums from its specialty insurance and reinsurance policies, which increased from $467.3 million in 2020 to $666.7 million in 2025. In addition to premium income, the company earns investment income on its invested assets, which as of December 31, 2025 consisted primarily of cash and fixed income securities, with cash representing 16.5% and fixed income representing 80.7% of the investment portfolio. The fixed income holdings are geographically diverse, with a weighted average modified duration of three years and approximately 88.1% of the securities rated A minus or higher by S&P.

The company operates through the following segments: Specialty Long-tail, Specialty Short-tail, and Reinsurance.

• Specialty Long-tail: This segment provides professional lines outside the United States business such as professional indemnity, directors and officers, legal expenses, and other casualty lines, as well as financial institutions coverage and marine liability protection, with claims typically reported and settled years or even decades after the underlying loss event.

• Specialty Short-tail: This segment covers energy (upstream, downstream, power and renewable), property, construction and engineering, political violence, ports and terminals, marine cargo, contingency, and general aviation lines, where losses are generally known and paid within a short period after the loss event occurs.

• Reinsurance: This segment consists of inward reinsurance treaty business, primarily comprising property catastrophe excess of loss, risk excess of loss, and proportional reinsurance, together with reinsurance for marine, engineering, energy, motor, terrorism, casualty, aviation, and cyber risks.

International General Insurance Holdings Ltd. competes in a mature and highly competitive insurance and reinsurance marketplace against major U. S., UK, Bermudian, European, and Lloyd's participants. The company differentiates itself through an experienced management team with an average of over 30 years of industry experience, long standing relationships with leading brokers that provide a steady flow of preferred business, a geographically diverse and specialty focused book of business, disciplined risk selection supported by sophisticated modelling tools, a prudent risk management framework that includes a tailored reinsurance programme, and a scalable technology enabled operating platform that enhances underwriting, actuarial, risk, capital, and pricing functions. These strengths have contributed to strong financial ratings of A Excellent/Stable from A. M. Best and A Strong/Stable from S&P.

International General Insurance Holdings Ltd. serves a broad base of corporate clients across sectors such as energy, property, construction, marine, aviation, and financial institutions. The company sources almost all of its business through brokers, with its top five international brokers—Marsh, Arthur J. Gallagher, Aon, Willis, and Howden Broking Group—generating 62% of gross written premiums in the year ended December 31, 2025, and it maintains long standing relationships with many of those brokers dating back to the firm’s inception.