** Shares of specialty insurer International General Insurance IGIC.O rise 3.7% to $27.34
** IGIC late Tuesday posted record Q4 core operating income of $40.9 million, or 89 cents/shr, beating analysts' expectations of 74 cents, according to estimates compiled by LSEG
** Q4 net premiums earned rose to $120.6 million from $114.9 million a year earlier, driven by its reinsurance business
** IGIC in recent years has doubled the size of its underwriting portfolio, adding new lines of business and entered new markets, including the U.S.
** Meanwhile, Q4 combined ratio improved to 77.8% from 81.8% a year earlier
** Oppenheimer says Q4 results reflect strong underwriting margins at IGIC as combined ratio improved
** As of last close, IGIC stock up 11% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。