IGIC vs. BRO

Last updated Apr 2, 2026

Compare and contrast key facts about International General Insurance Holdings Ltd. (IGIC) and Brown & Brown, Inc. (BRO).

Performance

IGIC vs. BRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in International General Insurance Holdings Ltd. (IGIC) and Brown & Brown, Inc. (BRO). The values are adjusted to include any dividend payments, if applicable.

IGIC vs. BRO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IGIC International General Insurance Holdings Ltd.	3.25%	9.96%	92.38%	61.66%	1.62%	4.19%	-1.53%
BRO Brown & Brown, Inc.	-19.01%	-21.37%	44.32%	25.73%	-18.39%	49.31%	29.67%

Fundamentals

Market Cap IGIC : $1.05B BRO : $21.83B
EPS IGIC : $2.90 BRO : $3.28
PE Ratio IGIC : 8.49 BRO : 19.65
PEG Ratio IGIC : 0.21 BRO : 1.47
PS Ratio IGIC : 2.05 BRO : 3.50
PB Ratio IGIC : 1.48 BRO : 1.74
Total Revenue (TTM) IGIC : $528.07M BRO : $5.91B
Gross Profit (TTM) IGIC : $253.05M BRO : $3.52B
EBITDA (TTM) IGIC : $127.22M BRO : $2.05B

Returns By Period

In the year-to-date period, IGIC achieves a 3.25% return, which is significantly higher than BRO's -19.01% return.

IGIC

• 1D: 1.71%
• 1M: 2.36%
• YTD: 3.25%
• 6M: 9.95%
• 1Y: 1.95%
• 3Y*: 50.48%
• 5Y*: 29.38%
• 10Y*: —

BRO

• 1D: -1.24%
• 1M: -11.00%
• YTD: -19.01%
• 6M: -30.27%
• 1Y: -47.73%
• 3Y*: 4.59%
• 5Y*: 7.45%
• 10Y*: 14.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

IGIC vs. BRO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGIC

IGIC Risk / Return Rank: 40
IGIC Sharpe Ratio Rank: 42
IGIC Sortino Ratio Rank: 35
IGIC Omega Ratio Rank: 36
IGIC Calmar Ratio Rank: 44
IGIC Martin Ratio Rank: 43

BRO

BRO Risk / Return Rank: 2
BRO Sharpe Ratio Rank: 0
BRO Sortino Ratio Rank: 1
BRO Omega Ratio Rank: 1
BRO Calmar Ratio Rank: 2
BRO Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IGIC vs. BRO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for International General Insurance Holdings Ltd. (IGIC) and Brown & Brown, Inc. (BRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	IGIC	BRO	Difference
Sharpe ratio Return per unit of total volatility	0.07	-1.70	+1.77
Sortino ratio Return per unit of downside risk	0.29	-2.49	+2.77
Omega ratio Gain probability vs. loss probability	1.04	0.66	+0.38
Calmar ratio Return relative to maximum drawdown	0.14	-0.98	+1.12
Martin ratio Return relative to average drawdown	0.29	-1.63	+1.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGIC vs. BRO - Sharpe Ratio Comparison

The current IGIC Sharpe Ratio is 0.07, which is higher than the BRO Sharpe Ratio of -1.70. The chart below compares the historical Sharpe Ratios of IGIC and BRO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IGIC	BRO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	-1.70	+1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.31	+0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	0.52	+0.05

Correlation

The correlation between IGIC and BRO is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IGIC vs. BRO - Dividend Comparison

IGIC's dividend yield for the trailing twelve months is around 9.03%, more than BRO's 0.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGIC International General Insurance Holdings Ltd.	9.03%	4.09%	2.46%	0.31%	2.75%	4.07%	1.11%	0.00%	0.00%	0.00%	0.00%	0.00%
BRO Brown & Brown, Inc.	0.98%	0.77%	0.53%	0.67%	0.74%	0.54%	0.73%	0.82%	1.11%	1.08%	1.12%	1.41%

Drawdowns

IGIC vs. BRO - Drawdown Comparison

The maximum IGIC drawdown since its inception was -33.89%, smaller than the maximum BRO drawdown of -54.08%. Use the drawdown chart below to compare losses from any high point for IGIC and BRO.

Drawdown Indicators

	IGIC	BRO	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-54.08%	+20.19%
Max Drawdown (1Y) Largest decline over 1 year	-18.15%	-48.65%	+30.50%
Max Drawdown (5Y) Largest decline over 5 years	-27.26%	-48.65%	+21.39%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.65%	—
Current Drawdown Current decline from peak	-1.40%	-47.86%	+46.46%
Average Drawdown Average peak-to-trough decline	-9.54%	-13.32%	+3.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.68%	29.31%	-20.63%

Volatility

IGIC vs. BRO - Volatility Comparison

International General Insurance Holdings Ltd. (IGIC) and Brown & Brown, Inc. (BRO) have volatilities of 8.35% and 8.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGIC	BRO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.35%	8.04%	+0.31%
Volatility (6M) Calculated over the trailing 6-month period	16.32%	20.56%	-4.24%
Volatility (1Y) Calculated over the trailing 1-year period	29.47%	28.08%	+1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.78%	24.20%	+7.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.35%	23.34%	+19.01%

Financials

IGIC vs. BRO - Profitability Comparison

The chart below illustrates the profitability comparison between International General Insurance Holdings Ltd. and Brown & Brown, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IGIC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, International General Insurance Holdings Ltd. reported a gross profit of 79.50M and revenue of 126.40M. Therefore, the gross margin over that period was 62.9%.

BRO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Brown & Brown, Inc. reported a gross profit of 1.40B and revenue of 1.67B. Therefore, the gross margin over that period was 83.8%.

IGIC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, International General Insurance Holdings Ltd. reported an operating income of 30.70M and revenue of 126.40M, resulting in an operating margin of 24.3%.

BRO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Brown & Brown, Inc. reported an operating income of 429.00M and revenue of 1.67B, resulting in an operating margin of 25.7%.

IGIC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, International General Insurance Holdings Ltd. reported a net income of 32.30M and revenue of 126.40M, resulting in a net margin of 25.6%.

BRO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Brown & Brown, Inc. reported a net income of 264.00M and revenue of 1.67B, resulting in a net margin of 15.8%.