IGIC
International General Insurance Holdings Ltd.
Insurance - Diversified
Market Cap$1.11B
5Y Perf.+339.2%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
IGIC vs MKL
Revenue, margins, valuation, and 5-year total return — side by side.
MKL
Markel Corporation
Insurance - Property & Casualty
Market Cap$22.52B
5Y Perf.+100.6%
IGIC vs MKL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | IGIC | MKL |
|---|---|---|
| Industry | Insurance - Diversified | Insurance - Property & Casualty |
| Market Cap | $1.11B | $22.52B |
| Revenue (TTM) | $528M | $16.57B |
| Net Income (TTM) | $127M | $1.77B |
| Gross Margin | 47.9% | 61.4% |
| Operating Margin | 24.1% | 13.9% |
| Forward P/E | 8.6x | 16.0x |
| Total Debt | $0.00 | $4.30B |
| Cash & Equiv. | $186M | $3.96B |
IGIC vs MKL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
IGIC
MKL
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| International Gener… (IGIC) | 100 | 439.2 | +339.2% |
| Markel Corporation (MKL) | 100 | 200.6 | +100.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: IGIC vs MKL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: IGIC leads in 5 of 7 categories, making it the strongest pick for valuation and capital efficiency and profitability and margin quality. Markel Corporation is the stronger pick specifically for growth and revenue expansion and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
IGIC
International General Insurance Holdings Ltd.
The Insurance Pick
IGIC carries the broadest edge in this set and is the clearest fit for long-term compounding and valuation efficiency.
- 215.8% 10Y total return vs MKL's 89.3%
- PEG 0.23 vs MKL's 0.64
- Lower P/E (8.6x vs 16.0x), PEG 0.23 vs 0.64
Best for: long-term compounding and valuation efficiency
MKL
Markel Corporation
The Insurance Pick
MKL is the clearest fit if your priority is income & stability and growth exposure.
- Dividend streak 6 yrs, beta 0.44, yield 2.7%
- Rev growth -1.0%, EPS growth -15.1%, 3Y rev CAGR 12.0%
- Lower volatility, beta 0.44, Low D/E 22.5%, current ratio 0.84x
Best for: income & stability and growth exposure
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | MKL | -1.0% revenue growth vs IGIC's -1.8% |
| Value | IGIC | Lower P/E (8.6x vs 16.0x), PEG 0.23 vs 0.64 |
| Quality / Margins | IGIC | Combined ratio 0.8 vs MKL's 0.8 (lower = better underwriting) |
| Stability / Safety | MKL | Beta 0.44 vs IGIC's 0.52 |
| Dividends | IGIC | 4.1% yield, 2-year raise streak, vs MKL's 2.7% |
| Momentum (1Y) | IGIC | +15.8% vs MKL's -4.1% |
| Efficiency (ROA) | IGIC | 6.3% ROA vs MKL's 3.0%, ROIC 18.6% vs 10.7% |
IGIC vs MKL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FY 2024
IGIC vs MKL — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLIGICLAGGINGMKL
MKLMarkel Corporation
0leads
IGICInternational General…
4leads
6 Total Categories
CATEGORYLEADERvs MKLMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
IGIC4/6
Valuation MetricsMultiples, price ratios, and targets
IGIC4/7
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
IGIC5/7
Total Returns1Y, 3Y, 5Y total returns with dividends
IGIC6/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
Tied
—
Income & Cash Flow (Last 12 Months)
IGIC leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
MKL is the larger business by revenue, generating $16.6B annually — 31.4x IGIC's $528M. IGIC is the more profitable business, keeping 24.1% of every revenue dollar as net income compared to MKL's 10.7%. On growth, MKL holds the edge at +6.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | IGICInternational Gen… | MKLMarkel Corporation |
|---|---|---|
| RevenueTrailing 12 months | $528M | $16.6B |
| EBITDAEarnings before interest/tax | $127M | $2.5B |
| Net IncomeAfter-tax profit | $127M | $1.8B |
| Free Cash FlowCash after capex | $0 | $2.2B |
| Gross MarginGross profit ÷ Revenue | +47.9% | +61.4% |
| Operating MarginEBIT ÷ Revenue | +24.1% | +13.9% |
| Net MarginNet income ÷ Revenue | +24.1% | +10.7% |
| FCF MarginFCF ÷ Revenue | +20.7% | +13.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.3% | +6.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +16.9% | -2.6% |
IGIC leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
IGIC leads this category, winning 4 of 7 comparable metrics.
Valuation Metrics
At 9.0x trailing earnings, IGIC trades at a 16% valuation discount to MKL's 10.6x P/E. Adjusting for growth (PEG ratio), IGIC offers better value at 0.24x vs MKL's 0.43x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | IGICInternational Gen… | MKLMarkel Corporation |
|---|---|---|
| Market CapShares × price | $1.1B | $22.5B |
| Enterprise ValueMkt cap + debt − cash | $922M | $22.9B |
| Trailing P/EPrice ÷ TTM EPS | 8.95x | 10.64x |
| Forward P/EPrice ÷ next-FY EPS est. | 8.57x | 15.99x |
| PEG RatioP/E ÷ EPS growth rate | 0.24x | 0.43x |
| EV / EBITDAEnterprise value multiple | 7.25x | 7.78x |
| Price / SalesMarket cap ÷ Revenue | 2.15x | 1.36x |
| Price / BookPrice ÷ Book value/share | 1.59x | 1.20x |
| Price / FCFMarket cap ÷ FCF | 10.34x | 8.82x |
IGIC leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
IGIC leads this category, winning 5 of 7 comparable metrics.
Profitability & Efficiency
IGIC delivers a 18.8% return on equity — every $100 of shareholder capital generates $19 in annual profit, vs $10 for MKL. On the Piotroski fundamental quality scale (0–9), MKL scores 7/9 vs IGIC's 4/9, reflecting strong financial health.
| Metric | IGICInternational Gen… | MKLMarkel Corporation |
|---|---|---|
| ROE (TTM)Return on equity | +18.8% | +9.6% |
| ROA (TTM)Return on assets | +6.3% | +3.0% |
| ROICReturn on invested capital | +18.6% | +10.7% |
| ROCEReturn on capital employed | +12.0% | +14.9% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 7 |
| Debt / EquityFinancial leverage | — | 0.23x |
| Net DebtTotal debt minus cash | -$186M | $339M |
| Cash & Equiv.Liquid assets | $186M | $4.0B |
| Total DebtShort + long-term debt | $0 | $4.3B |
| Interest CoverageEBIT ÷ Interest expense | — | 12.00x |
IGIC leads this category, winning 5 of 7 comparable metrics.
Total Returns (Dividends Reinvested)
IGIC leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IGIC five years ago would be worth $33,930 today (with dividends reinvested), compared to $14,749 for MKL. Over the past 12 months, IGIC leads with a +15.8% total return vs MKL's -4.1%. The 3-year compound annual growth rate (CAGR) favors IGIC at 51.8% vs MKL's 9.4% — a key indicator of consistent wealth creation.
| Metric | IGICInternational Gen… | MKLMarkel Corporation |
|---|---|---|
| YTD ReturnYear-to-date | +8.2% | -15.5% |
| 1-Year ReturnPast 12 months | +15.8% | -4.1% |
| 3-Year ReturnCumulative with dividends | +249.9% | +31.0% |
| 5-Year ReturnCumulative with dividends | +239.3% | +47.5% |
| 10-Year ReturnCumulative with dividends | +215.8% | +89.3% |
| CAGR (3Y)Annualised 3-year return | +51.8% | +9.4% |
IGIC leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
Evenly matched — IGIC and MKL each lead in 1 of 2 comparable metrics.
Risk & Volatility
MKL is the less volatile stock with a 0.44 beta — it tends to amplify market swings less than IGIC's 0.52 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IGIC currently trades 94.3% from its 52-week high vs MKL's 81.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | IGICInternational Gen… | MKLMarkel Corporation |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.52x | 0.44x |
| 52-Week HighHighest price in past year | $27.43 | $2207.59 |
| 52-Week LowLowest price in past year | $20.82 | $1719.41 |
| % of 52W HighCurrent price vs 52-week peak | +94.3% | +81.5% |
| RSI (14)Momentum oscillator 0–100 | 58.7 | 34.5 |
| Avg Volume (50D)Average daily shares traded | 56K | 59K |
Evenly matched — IGIC and MKL each lead in 1 of 2 comparable metrics.
Analyst Outlook
Evenly matched — IGIC and MKL each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates IGIC as "Buy" and MKL as "Hold". Consensus price targets imply 8.3% upside for MKL (target: $1950) vs -26.6% for IGIC (target: $19). For income investors, IGIC offers the higher dividend yield at 4.09% vs MKL's 2.70%.
| Metric | IGICInternational Gen… | MKLMarkel Corporation |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $19.00 | $1950.00 |
| # AnalystsCovering analysts | 2 | 15 |
| Dividend YieldAnnual dividend ÷ price | +4.1% | +2.7% |
| Dividend StreakConsecutive years of raises | 2 | 6 |
| Dividend / ShareAnnual DPS | $1.06 | $48.55 |
| Buyback YieldShare repurchases ÷ mkt cap | +5.6% | +1.9% |
Evenly matched — IGIC and MKL each lead in 1 of 2 comparable metrics.
Key Takeaway
IGIC leads in 4 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 2 categories are tied.
Best OverallInternational General Insur… (IGIC)Leads 4 of 6 categories
Loading custom metrics...
IGIC vs MKL: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is IGIC or MKL a better buy right now?
For growth investors, Markel Corporation (MKL) is the stronger pick with -1.
0% revenue growth year-over-year, versus -1. 8% for International General Insurance Holdings Ltd. (IGIC). International General Insurance Holdings Ltd. (IGIC) offers the better valuation at 9. 0x trailing P/E (8. 6x forward), making it the more compelling value choice. Analysts rate International General Insurance Holdings Ltd. (IGIC) a "Buy" — based on 2 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — IGIC or MKL?
On trailing P/E, International General Insurance Holdings Ltd.
(IGIC) is the cheapest at 9. 0x versus Markel Corporation at 10. 6x. On forward P/E, International General Insurance Holdings Ltd. is actually cheaper at 8. 6x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: International General Insurance Holdings Ltd. wins at 0. 23x versus Markel Corporation's 0. 64x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — IGIC or MKL?
Over the past 5 years, International General Insurance Holdings Ltd.
(IGIC) delivered a total return of +239. 3%, compared to +47. 5% for Markel Corporation (MKL). Over 10 years, the gap is even starker: IGIC returned +215. 8% versus MKL's +89. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — IGIC or MKL?
By beta (market sensitivity over 5 years), Markel Corporation (MKL) is the lower-risk stock at 0.
44β versus International General Insurance Holdings Ltd. 's 0. 52β — meaning IGIC is approximately 19% more volatile than MKL relative to the S&P 500.
05Which is growing faster — IGIC or MKL?
By revenue growth (latest reported year), Markel Corporation (MKL) is pulling ahead at -1.
0% versus -1. 8% for International General Insurance Holdings Ltd. (IGIC). On earnings-per-share growth, the picture is similar: International General Insurance Holdings Ltd. grew EPS -3. 0% year-over-year, compared to -15. 1% for Markel Corporation. Over a 3-year CAGR, MKL leads at 12. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — IGIC or MKL?
International General Insurance Holdings Ltd.
(IGIC) is the more profitable company, earning 24. 6% net margin versus 12. 7% for Markel Corporation — meaning it keeps 24. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IGIC leads at 24. 6% versus 16. 5% for MKL. At the gross margin level — before operating expenses — MKL leads at 69. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is IGIC or MKL more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, International General Insurance Holdings Ltd. (IGIC) is the more undervalued stock at a PEG of 0. 23x versus Markel Corporation's 0. 64x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, International General Insurance Holdings Ltd. (IGIC) trades at 8. 6x forward P/E versus 16. 0x for Markel Corporation — 7. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MKL: 8. 3% to $1950. 00.
08Which pays a better dividend — IGIC or MKL?
All stocks in this comparison pay dividends.
International General Insurance Holdings Ltd. (IGIC) offers the highest yield at 4. 1%, versus 2. 7% for Markel Corporation (MKL).
09Is IGIC or MKL better for a retirement portfolio?
For long-horizon retirement investors, International General Insurance Holdings Ltd.
(IGIC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 52), 4. 1% yield, +215. 8% 10Y return). Both have compounded well over 10 years (IGIC: +215. 8%, MKL: +89. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between IGIC and MKL?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(IGIC: 3.3% · MKL: 6.7%)Net Margin>
%
(IGIC: 24.1% · MKL: 10.7%)P/E Ratio<
x
(IGIC: 9.0x · MKL: 10.6x)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.