Summary of International General Insurance Holdings (IGIC) FY Conference Company Overview - **Company Name**: International General Insurance Holdings (IGIC) - **Ticker Symbol**: IGIC (NASDAQ) - **Founded**: 2002 in Jordan - **Current CEO**: Waleed Jabsheh, with the company since its inception - **Capital Growth**: Initial capital of $25 million has grown to approximately $700 million [4][5] Business Model and Strategy - **Specialization**: IGIC is a specialist insurance and reinsurance company, initially focused on a few lines of business, now expanded to nearly 25 different lines [3][11] - **Global Presence**: Operates eight offices worldwide, including locations in Asia, the Middle East, Africa, Europe, and Bermuda [3][4] - **Employee Growth**: From a handful of employees to approximately 470-480 [4] Market Dynamics - **Cyclical Nature**: The insurance industry is cyclical, with rates fluctuating based on supply and demand. Currently, IGIC is positioned in the middle of the cycle [5][9] - **Competition**: Increased competition has led to pricing pressures, with a tendency for companies to lower prices during profitable periods, which can lead to inadequate pricing and subsequent losses [6][9] Risk Management and Discipline - **Focus on Discipline**: Emphasizes the importance of maintaining discipline in underwriting and risk management, avoiding overextension during profitable times [10][15] - **Diversified Portfolio**: Maintains a diversified portfolio across three segments: reinsurance, short tail, and long tail, allowing for better management of market cycles [11][13] - **Risk Appetite**: Clearly defined risk tolerances and appetite, avoiding markets and lines of business that do not align with their expertise, such as U.S. liability business [16][15] Financial Performance - **Long-term Focus**: IGIC does not provide quarterly guidance, instead focusing on long-term value creation, aiming for a combined ratio in the mid-to-high 80s and a return on equity in the low-to-mid teens over a 10-year cycle [26][27] - **Recent Performance**: Achieved combined ratios in the mid to high 70s and ROEs in the low to mid 20s in recent years, outperforming the industry average [27][30] Investment Philosophy - **Conservative Approach**: Investment strategy is conservative, focusing on fixed income and avoiding high-risk investments. Equities represent less than 2% of the overall portfolio [32][34] - **Share Buybacks**: Announced a buyback program in 2022, having repurchased 7.5 million shares, with a new authorization for an additional 5 million shares [34][35] Conclusion - **Value Creation**: The ultimate goal is to deliver and grow value without sacrificing the bottom line for top-line growth. The company has built a strong track record as a public entity over the past five years [27][35]

If this is the bottom, remember — the next upward cycle isn’t far.Stay patient, stay positioned. 🚀 https://t.co/dFXXku5bsS ...

🔎 CMC Product Highlight | Market Cycle IndicatorsTiming the market starts with knowing the signs. Track metrics like:🔹Realized cap ratio🔹 Stablecoin supply shift🔹 Funding rates & risk levelsSee how close we are to euphoria or fear, only on CoinMarketCap. https://t.co/PmY3iBaNWQ ...

RT Bull Theory (@BullTheoryio)THE MARKET TOP ISN’T IN.Everyone’s treating this correction like the end of the cycle.But data says, this isn’t a peak.Here’s why 👇 ...

Altcoins remain deeply undervalued this cycle.A cycle won’t end without having retailers enter the marketIf history repeats, we are about to witness the biggest euphoria for altcoins soon https://t.co/2QLYErGQN4 ...

Now, I will say that I do firmly believe that the top for this market cycle is going to be the fourth quarter of this of this year. And we've said that for a while, right. Normally, it's the fourth quarter of the post having year.It's not what I want to happen, right. Like, and again, like I think people need to recognize that, you know, from 2022 until 2025, I was bearish on the ETH Bitcoin valuation. And a lot of people took that out on me because they they they were motivated to think it would go up fina ...

Joe, if this wasn't the kind of day where you like jump out of bed ready to get up here and talk about this incredible market day that we have, I don't know what's going to get you to do that. I mean, you got the Fed decision, you got the 5 trillion Nvidia, you got some incredible earnings coming up and the market's hitting record highs again into all of it. >> Sure is a remarkable day.And I will say this, I think I speak for the majority of portfolio managers out there, it's somewhat perplexing. It's perpl ...

Market Cycle Analysis - Market cycle tops typically conclude with euphoria, not fear [1] - Gold experienced euphoria with nine consecutive weeks of positive price movement [1] - Bitcoin has not yet exhibited a similar euphoric surge in the current cycle [1]

Last cycle:Long-term holders realized $500 billion in profit.This cycle:They’ve already cashed out $900 billion.If we’re already this late in the cycle, can we really go into another phase?Who’s the buyer now?w/ Michael Nadeau ( @JustDeauIt ) from @the_defi_report https://t.co/qwtDcxsdM6 ...

Crowds are literally lining up to buy GOLD at a massively extended all-time high.“Price up = safer to buy.”Classic retail mindset >> same story every cycle. Retail buys euphoria, smart money sells into it.Bitcoin euphoria hasn’t even started yet https://t.co/u5mg3mobkd ...