IGI Q2 FY26 net income drops 38.7% to USD 20.9 million; combined ratio widens 4.6 percentage points to 95.1%

Reuters2026/08/04 20:23

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International General Insurance posted Q2 net income of USD 20.9 million, down from USD 34.1 million a year earlier; diluted EPS fell to USD 0.49.
Combined ratio widened to 95.1% from 90.5%, as the loss ratio rose to 57.9% with CAT losses of 18.8% tied mainly to the Middle East war.
Gross written premiums increased 7.4% to USD 201.7 million, while underwriting income slipped to USD 29.5 million from USD 35 million.
Board declared an ordinary dividend of USD 0.075 per share, payable Sept. 2 to holders of record Aug. 18.

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: 202608041605BIZWIRE_USPR_____20260804_BW354735) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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IGI Q2 FY26 net income drops 38.7% to USD 20.9 million; combined ratio widens 4.6 percentage points to 95.1%

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