International general insurance holdings ltd. (Nasdaq:IGIC) is an international specialist commercial insurer and reinsurer. Their selling point is that they provide underwriting expertise, flexibility in responding to customer needs, and ensuring efficient and responsive claims handling, all underpinned by stable management and a strong balance sheet. As of December 2021, they had nearly USD 1.5 billion in total assets.
Comps: Fanhua Inc. (Nasdaq:FANH), Universal Insurance Holdings, Inc. (NYSE:UVE)
While they do not operate the same business model, these firms are insurance-focused financial services and maintain a market capitalization near USD 400 million. With that being said, International General Insurance Holdings is superior to both in earnings per share, price relative to earnings, profit margins, return on equity, and net income. Overall, they showcase better fundamentals, which lead to a higher net income, both bottom-line and relative to their revenue despite the fraction of revenue generated in comparison.