International General Insurance Holdings Ltd. (IGIC) Form 6-K — Nov 3, 2026
IGI furnished its Q3 2026 investor presentation via Form 6-K, showing Q3 net income of $28.0 million, down 16.4% year-over-year, with a Q3 combined ratio of 85.7% and annualized ROAE of 16.8%. Nine-month net income fell 25.7% to $70.5 million on higher net losses primarily related to the war in the Middle East, which contributed 14.8 points of catastrophe losses in 9M 2026. The balance sheet remains a strength: zero financial leverage, a $1.3 billion investment portfolio, and $79.8 million returned to shareholders in the first nine months, including a $1.15 per share extraordinary dividend.
Key figures
- Revenue
- Net premiums earned of $124.5 million in Q3 2026 and $360.7 million for 9M 2026
- Net Income
- $28.0 million in Q3 2026; $70.5 million for 9M 2026
- Cash Position
- $1.3 billion total investment portfolio at 9/30/2026
- Shares Outstanding
- Jabsheh family ownership 37.7% at September 30, 2026
- Ninеm gwp usd m
- 525.6
- Buybacks 9m usd m
- 21.9
- Q3 combined ratio
- 85.7%
- Q3 gwp yoy change
- +9.8% vs $119.6M in Q3 2025
- Dividends 9m usd m
- 57.9
- Q3 annualized roae
- 16.8%
- Q3 cat loss points
- 6.9 pts of CAT losses in Q3; 14.8 pts for 9M, primarily war-related
- Book value per share
- $15.99 (-5.4% from 12/31/2025)
- Ninеm combined ratio
- 90.1%
- Q3 combined ratio yoy
- -6.5 pts vs 76.5% implied (worsened by 6.5+ pts vs Q3 2025 76.5%)
- Zero financial leverage
- Yes
- Capital returned 9m usd m
- 79.8
- Shareholders equity usd m
- 663.4
- Q3 underwriting income usd m
- 43
- Q3 gross written premium usd m
- 131.3
- Ninеm underwriting income usd m
- 110.2
AI analysis
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