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International General Insurance Holdings Ltd. logo
International General Insurance Holdings Ltd. IGIC
$ 23.41 -0.26%
report update icon

Quarterly report 2022-Q4
added 11-03-2026

International General Insurance Holdings Ltd. Balance Sheet 2025-2011 | IGIC

Brief overview of International General Insurance Holdings Ltd.'s assets and capital

Balance sheet changes are traced across five available annual reports between 2021 and 2025.

Assets added +44.7%, reaching $2.1 billion from $1.5 billion five periods earlier; annual growth near 9.7% remained solid.

Liabilities grew more slowly than assets: +32.5% versus +44.7%. Expansion relied more on equity, improving funding quality.

For this sector, the direction of capital matters more than a high liability share itself: the equity ratio is 33.8% versus .

By the end of the period, accumulated earnings were $612.6 million; the change from the start was .

What the balance sheet shows

International General Insurance Holdings Ltd.'s financial position is more positive than negative: the funding mix is workable, although the cushion is not unlimited.

Annual Balance Sheet International General Insurance Holdings Ltd.

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

- - - -136 M -239 M -131 M -190 M - - - - - - - -

Long Term Debt

- - - 2.09 M 2.75 M 2.19 M 1.56 M - - - - - - - -

Long Term Debt Current

- - - - - - 522 K - - - - - - - -

Total Non Current Liabilities

- - - - 1.26 M - - - - - - - - - -

Total Liabilities

1.39 B 1.38 B 1.3 B 1.17 B 1.05 B 898 M 697 M 602 M - - - - - - -

Retained Earnings

613 M 532 M 423 M 307 M 233 M 205 M 182 M 169 M - - - - - - -

Total Assets

2.1 B 2.04 B 1.84 B 1.58 B 1.45 B 1.28 B 1.01 B 903 M - - - - - - -

Cash and Cash Equivalents

186 M 155 M 177 M 138 M 242 M 133 M 192 M 185 M 104 M - - - - - -

Book Value

710 M 655 M 540 M 411 M 402 M 381 M 312 M 301 M - - - - - - -

Total Shareholders Equity

710 M 655 M 540 M 411 M 381 M 358 M 312 M 301 M 301 M - - - - - -

All numbers in USD currency

Quarterly Balance Sheet International General Insurance Holdings Ltd.

2025-Q4 2025-Q2 2024-Q4 2024-Q2 2023-Q4 2023-Q2 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

- - - - - - 2.09 M - - - 2.75 M - - - 2.19 M - - - 1.04 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Non Current Liabilities

- - - - - - - - - - 1.26 M - - - - - - - 1.54 M - - - 1.92 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

1.39 B 1.46 B 1.38 B 1.37 B 1.3 B 1.27 B 1.17 B - 1.07 B - 1.05 B - 1 B - 898 M - 801 M - 697 M - - - 602 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

613 M 551 M 532 M 469 M 423 M 380 M 307 M - 264 M - 233 M - 215 M - 205 M - 193 M - 182 M - - - 169 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Assets

2.1 B 2.12 B 2.04 B 1.96 B 1.84 B 1.73 B 1.58 B - 1.46 B - 1.45 B - 1.39 B - 1.28 B - 1.17 B - 1.01 B - - - 903 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

186 M 165 M 155 M 168 M 177 M 170 M 138 M - 214 M - 242 M - 180 M - 133 M - 174 M - 192 M - 138 M - 185 M - - - 104 M - - - 102 M - - - - - - - - - - - - - - - - - - - - - - -

Book Value

710 M 662 M 655 M 588 M 540 M 467 M 411 M - 394 M - 402 M - 390 M - 381 M - 366 M - 312 M - - - 301 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

710 M 662 M 655 M 588 M 540 M 467 M 430 M - 394 M - 402 M - 390 M - 381 M - 360 M - 312 M - 309 M - 301 M - - - 301 M - - - 301 M - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Balance Sheet is a fundamental financial report of International General Insurance Holdings Ltd., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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