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International General Insurance Holdings (International General Insurance Holdings) Retained Earnings : $437.2 Mil (As of Mar. 2024)


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What is International General Insurance Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. International General Insurance Holdings's retained earnings for the quarter that ended in Mar. 2024 was $437.2 Mil.

International General Insurance Holdings's quarterly retained earnings increased from Sep. 2023 ($390.7 Mil) to Dec. 2023 ($423.0 Mil) and increased from Dec. 2023 ($423.0 Mil) to Mar. 2024 ($437.2 Mil).

International General Insurance Holdings's annual retained earnings increased from Dec. 2021 ($232.6 Mil) to Dec. 2022 ($306.6 Mil) and increased from Dec. 2022 ($306.6 Mil) to Dec. 2023 ($423.0 Mil).


International General Insurance Holdings Retained Earnings Historical Data

The historical data trend for International General Insurance Holdings's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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International General Insurance Holdings Retained Earnings Chart

International General Insurance Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 182.16 205.04 232.62 306.60 423.05

International General Insurance Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 340.30 380.32 390.70 423.05 437.20

International General Insurance Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


International General Insurance Holdings  (NAS:IGIC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


International General Insurance Holdings (International General Insurance Holdings) Business Description

Traded in Other Exchanges
N/A
Address
74 Abdel Hamid Sharaf Street, P.O. Box 941428, Amman, JOR, 11194
International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance. The company generates maximum revenue in the United Kingdom.

International General Insurance Holdings (International General Insurance Holdings) Headlines