Latest news with #IGIC
Yahoo
6 days ago
- Business
- Yahoo
Does IGIC Pay a Special Dividend?
International General Insurance Holdings Ltd. (NASDAQ:IGIC) is included among the 14 Stocks that Paid Special Dividends in 2025. An engineer wearing protective equipment, inspecting a large construction project. International General Insurance Holdings Ltd. (NASDAQ:IGIC) is a specialty insurance provider that offers coverage for both long-tail and short-tail risks, along with reinsurance services. By focusing on niche and complex markets with limited competition, IGI is able to maintain a strong position in underwriting. The company follows a careful and disciplined risk selection strategy, which has consistently led to performance that exceeds industry standards. Its combined ratio has remained well under 100%, supporting sustained profitability over the long term. In March, International General Insurance Holdings Ltd. (NASDAQ:IGIC) declared a special dividend of $0.025 per share, in addition to the company's regular dividend. On May 15, the company declared a 100% hike in its quarterly dividend to $0.05 per share. It remained committed to its shareholder obligation, returning $43.5 million to investors through regular and supplemental dividends in the first quarter of 2025. International General Insurance Holdings Ltd. (NASDAQ:IGIC) has a dividend yield of 0.83%, as recorded on July 23. While we acknowledge the potential of IGIC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Time of India
22-07-2025
- Health
- Time of India
Minister meets kids with heart ailment
Patna: Health minister Mangal Pandey met with 31 children and their families at IGIMS, Patna, who had successfully undergone heart surgery under the Bal Hriday Yojana. A camp for the Bal Hridaya Yojana was organised on May 14 under the National Child Health Programme. During this camp, 150 children were examined, and 70 were selected for operations. Among them, 31 children were successfully operated upon, and remaining 39 will undergo surgery soon. He said free treatment under this scheme is also being provided at IGIMS, IGIC and Jayaprabha Medanta hospitals in Patna. Patna: Health minister Mangal Pandey met with 31 children and their families at IGIMS, Patna, who had successfully undergone heart surgery under the Bal Hriday Yojana. A camp for the Bal Hridaya Yojana was organised on May 14 under the National Child Health Programme. During this camp, 150 children were examined, and 70 were selected for operations. Among them, 31 children were successfully operated upon, and remaining 39 will undergo surgery soon. He said free treatment under this scheme is also being provided at IGIMS, IGIC and Jayaprabha Medanta hospitals in Patna.
Yahoo
27-06-2025
- Business
- Yahoo
Lemonade (LMND) Moves 9.4% Higher: Will This Strength Last?
Lemonade (LMND) shares soared 9.4% in the last trading session to close at $44.31. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 31% gain over the past four weeks. LMND remains focused on accelerating growth and improving efficiencies by acquiring profitable new businesses and increasingly focusing on the car insurance business. It believes the car insurance business will become a major growth engine for the company. This insurer now wants to grow business by ten fold in near future. Lemonade is focusing more on technology and AI as it gives structural advantage as well as competitive advantage. It has pursued various strategic initiatives for CAT exposure, including geographic diversification, product diversification, introducing partners with whom it places a premium in certain regions, and targeted non-renewals in CAT-exposed areas. Lemonade noted that diversification has helped it deliver sustained sequential improvement in the gross loss ratio. This company is expected to post quarterly loss of $0.78 per share in its upcoming report, which represents a year-over-year change of +3.7%. Revenues are expected to be $163.39 million, up 33.9% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Lemonade, the consensus EPS estimate for the quarter has been revised 0.8% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on LMND going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Lemonade is part of the Zacks Insurance - Multi line industry. International General Insurance Holdings Ltd. (IGIC), another stock in the same industry, closed the last trading session 3.7% lower at $22. IGIC has returned -0.4% in the past month. International General Insurance's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.55. Compared to the company's year-ago EPS, this represents a change of -25.7%. International General Insurance currently boasts a Zacks Rank of #4 (Sell). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lemonade, Inc. (LMND) : Free Stock Analysis Report The Cheesecake Factory Incorporated (CAKE) : Free Stock Analysis Report FedEx Corporation (FDX) : Free Stock Analysis Report California Resources Corporation (CRC) : Free Stock Analysis Report International General Insurance Holdings Ltd. (IGIC) : Free Stock Analysis Report American Well Corporation (AMWL) : Free Stock Analysis Report Duolingo, Inc. (DUOL) : Free Stock Analysis Report QXO, Inc. (QXO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hans India
05-06-2025
- Business
- Hans India
Momentum right for India to accelerate its innovation trajectory powered by AI and Deep Tech: IGIC 2025
Bengaluru: Global Industry experts outlined AI, deep tech, clean tech, structural and process reforms as pillars of Innovation in Viksit Bharat at the 4th edition of India Global Innovation Connect (IGIC) in Bengaluru. The two-day Summit will bring together a powerful global assembly of technology leaders, policymakers, startup founders, investors and academicians to explore the theme "Innovation in the Age of AI: Business, Society and Governance." Entrepreneurs from India, US, Japan, Korea, Germany, Singapore, Israel, Switzerland, France, the UAE and other nations engaged in technology and business interactions on the inaugural day of the Summit. The opening day of the two-day event focused on the transformative role of key sectors in reshaping industries and societal frameworks, with a series of keynotes, dialogues, fireside chats and brainstorming sessions exploring India's positioning as a global innovation powerhouse. The day further witnessed key global industry leaders from Indian and global startup founders, VCs and investors, corporate and government leaders, technology and public policy experts under one common platform. The leaders and industry experts engaged with attendees on a range of topics, including AI and deep tech as the new frontier of innovation, invisible reforms toward 'Developed India' (Viksit Bharat), new developments in fintech, shaping AI for society and society for AI, what next in Aerospace, the coming blood revolution, AI-driven learning revolution innovation dynamics between startups and established corporations, etc. Claude Smadja, Chairman Smadja & Smadja Strategic Advisory said, 'India today stands at a pivotal inflection point, both in its domestic evolution and its global positioning. As we navigate an era marked by transformative shifts in AI and deep tech, the momentum is right for India to accelerate its innovation trajectory. Despite the challenges that major global powers are facing, India is uniquely placed to emerge as a global hub for technological advancement, particularly in the domain of data and big data, where it holds a distinct advantage.' Mohandas Pai, Chairman, Aarin Capital said, " As we prepare for the age of quantum computing and grapple with the reality of machines performing most of the human tasks, we must rethink how we educate the next generation and how we build networks, not just of nations, but of people and cities across the world, to ensure that innovation benefits everyone. And there is no better place to lead this future than Bengaluru."
Time of India
04-06-2025
- Business
- Time of India
India at AI inflection point: Global experts back nation's rise as deep tech leader
NEW DELHI: India is uniquely positioned to become a global leader in artificial intelligence (AI) and deep tech, thanks to the vast volumes of digital data being generated domestically, said Claude Smadja, former Managing Director of the World Economic Forum (WEF). Tired of too many ads? go ad free now Speaking at the India Global Innovation Connect (IGIC) 2025 in Bengaluru, Smadja emphasized India's data advantage and its strategic position in the global tech landscape. 'India today stands at a pivotal inflection point—both in its domestic transformation and its global positioning. As we enter an era defined by AI and deep tech, the time is ripe for India to fast-track innovation. Amid challenges faced by major global economies, India has the right momentum and resources to emerge as a global hub for technological breakthroughs, particularly in data and big data,' he said. Sanjeev Sanyal, member of the Economic Advisory Council to the Prime Minister, emphasized that structural reforms alone are not enough to achieve the aspirations of Viksit Bharat . 'We need to go deeper and embrace process reforms. They are essential for improving efficiency, reducing system-level friction, and delivering measurable impact across both government and business operations,' he noted. Adding to the discussion, Mohandas Pai, Chairman of Aarin Capital, highlighted the need to rethink education models to prepare for a quantum-driven future. 'Governments must urgently reconsider how we educate the next generation, especially as quantum computing and AI begin to handle tasks traditionally performed by humans,' Pai said. Vic Bhagat, Senior Vice President and Global Advisor at IT infrastructure services giant Kyndryl, pointed to the transformative potential of AI in enterprise technology. 'AI's power lies in its seamless integration with enterprise systems. The synergy between scale and speed will be the new competitive edge. Enterprises that harness AI effectively will unlock new levels of productivity and long-term growth,' he said.
