<a href="https://laohu8.com/S/IGIC">International General Insurance Holdings Ltd</a>. Reports Decrease in Net Income to $61.4M and Diluted EPS to $1.36 for H1 2025 Despite Revenue Growth
International General Insurance Holdings Ltd. has reported its financial results for the six months ended June 30, 2025. The company recorded gross written premiums of $394.3 million, reflecting an increase from $387.2 million in the same period of 2024. However, net written premiums saw a decline to $278.3 million from $293.4 million in the previous year. The company's net income for the first half of 2025 was $61.4 million, down from $70.7 million in the corresponding period of the previous year. Basic earnings per share $(EPS)$ attributable to equity holders stood at $1.37, compared to $1.56 in the first half of 2024. Diluted EPS also decreased, coming in at $1.36, down from $1.55 in the same period last year. Total comprehensive income for the first half of 2025 was reported at $80.8 million, a significant increase from $67.4 million in 2024, largely driven by a change in unrealized gains on fixed maturity securities available-for-sale, which amounted to $19.4 million, compared to a loss of $3.3 million in 2024. The company did not provide specifics regarding its outlook or guidance for the remainder of the year.
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