IGI Reports Third Quarter and First Nine Months of 2026 Unaudited Financial Results and Declares Ordinary Common Share Dividend
Business Wire•03/11/2026•16:15 ET
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Key Highlights
- ➤Q3 net income $28.0M, down from $33.5M year over year
- ➤Q3 combined ratio 85.7%, worsening from 76.5% year over year
- ➤Nine-month net income $70.5M, down from $94.9M year over year
- ➤Board declared $0.075 quarterly dividend, payable December 2, 2026
- ➤Nine-month CAT losses included Middle East war, IGI’s largest loss event
Expert Statements
Waleed Jabsheh, Group President & CEO of IGI
“We delivered strong underwriting profitability in the third quarter demonstrated by a combined ratio of 85.7%, culminating in an annualized core operating return on average equity of 16.9%.”
Waleed Jabsheh, Group President & CEO of IGI
“We remain focused on disciplined portfolio management. The investments we have made in recent years to expand and diversify our capabilities - including our specialty reinsurance business, and the establishment of our new platform in India - are generating profitable new opportunities, even as market conditions become more challenging.”
Waleed Jabsheh, Group President & CEO of IGI
“As always, we continue to demonstrate our ability to perform at a high level, delivering high-quality, risk-adjusted returns and creating long-term shareholder value. For the first nine months of 2026, we generated an annualized core operating return on average equity of 13.8%, while absorbing the single largest loss event (Middle East war) in IGI’s 25-year history, and returned almost $80 million in shareholder capital through dividends and share repurchases.”
IGI Reports Third Quarter and First Nine Months of 2026 Unaudited Financial Results and Declares Ordinary Common Share Dividend
International General Insurance Holdings Ltd. (“IGI” or the “Company”) (NASDAQ: IGIC) today reported financial results for the third quarter and first nine months of 2026.
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