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International General Insurance Q1 FY26 net income drops 20.51% to USD 21.7 million

PUBT·05/05/2026 20:07:08
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International General Insurance Q1 FY26 net income drops 20.51% to USD 21.7 million
  • International General Insurance posted Q1 2026 net income of USD 21.7 million, down 20.51%, with diluted EPS of USD 0.49.
  • Underwriting income rose 35.2% to USD 37.7 million as combined ratio improved 5.3 percentage points to 89.1%.
  • Gross written premiums fell to USD 197.2 million on non-renewal of two sizeable reinsurance programmes.
  • Total shareholders’ equity slipped to USD 653.6 million from USD 710.2 million at end-2025, reflecting USD 51.5 million of cash dividends declared and USD 13.1 million of treasury share purchases.
  • CEO Waleed Jabsheh said results were driven by “consistent and disciplined execution,” citing war losses in Middle East, while noting nearly USD 65 million returned to shareholders including an extraordinary dividend of USD 1.15 per share.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International General Insurance Holdings Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505770204) on May 05, 2026, and is solely responsible for the information contained therein.