RankAlpha logo
Back to Rankings

IGIC

International General InsuranceB
Nasdaq / Insurance
Last Price
Quote time unavailable
View Chart
Current thesis
IGI delivered premium growth, profitable underwriting across all segments, first-half underwriting income growth, and continued capital returns despite unusually high catastrophe losses. The GIFT City contribution could provide an incremental growth outlet.
Posture
Constructive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +6.9.
What can break
Book value per share and total shareholders' equity declined during the first half of 2026.
Momentum
33
Value
60
Sentiment
69
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $29.00 · Bull $32.00 · Bear $23.00Analysis 2026-08-07; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-08-07 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-09-09

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions

Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Neutral
Target $31.00
Why
Momentum33 · Δ7d +2.8
Value60 · Δ7d +0.0
Sentiment69 · Δ7d +6.9
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta +6.9.

Contradictions & invalidation

  • • Book value per share and total shareholders' equity declined during the first half of 2026.
  • • Foreign-exchange losses and investment-income variability can distort reported earnings.
  • • The Q2 print was materially weaker year over year: net income fell from $34.1 million to $20.9 million, EPS from $0.77 to $0.49, and the combined ratio from 90.5% to 95.1%.

Catalyst clock

2026-08-04

Q2/H1 2026 results show resilient underwriting but lower earnings

Lead driver: Sentiment · See AI snapshot
Momentum
33
9% active weight
Current posture
7d trendImproving
Δ7d
+2.8
Δ21d
-5.3
Value
60
28% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
-8.0
Sentiment
69
62% active weight
Current posture
7d trendImproving
Δ7d
+6.9
Δ21d
+5.2
Why this grade

Composite grade B. Momentum 33.3 / Value 60.4 / Sentiment 69.0

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-08-07. Scenario method

B+
Bull case
25%
Probability
Target price
$32.00
Analysis reference price unavailable
Analysis 2026-08-07 · RankAlpha Sentiment Codex
Most likely
B
Base case
50%
Probability
Target price
$29.00
Analysis reference price unavailable
Analysis 2026-08-07 · RankAlpha Sentiment Codex
B-
Bear case
25%
Probability
Target price
$23.00
Analysis reference price unavailable
Analysis 2026-08-07 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$1.12B
Beta
0.16
Shares Out
42.5M
P/E (TTM)
9.0
P/S (TTM)
2.06
P/FCF (TTM)
6.12
Rev YoY
+8.3%
EPS YoY
-36.1%
Gross Margin
-
Op Margin
+22.6%
Net Debt
-$203.3M
Current Ratio
0.86
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data