MetaCap

International General Insurance (IGIC) vs Safety Insurance Group (SAFT)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Safety Insurance Group (SAFT) has outperformed International General Insurance (IGIC) over the past year, gaining 48.5% versus a gain of 5.3%. Over five years, IGIC leads with a +195.3% price change compared with +30.2% for SAFT. Safety Insurance Group is the larger company by market cap ($1.53 billion vs $1.04 billion), about 1.5 times the size.

On valuation, International General Insurance trades at a lower forward P/E (8.0x vs 16.6x for Safety Insurance Group). Safety Insurance Group offers the higher dividend yield (3.54% vs 1.43%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

IGIC+4.92%SAFT+48.46%
+51%+20%-12%
Oct 6, 20251 yearOct 7, 2026
IGIC+183.21%SAFT+27.12%
+245%+106%-32%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

IGIC versus SAFT key metrics
MetricIGICSAFT
Share price$24.54$103.88
Market cap$1.04B$1.53B
1-day change-1.60%-0.06%
YTD return-2.19%+33.33%
1-year return+5.32%+48.46%
5-year return+195.31%+30.19%
P/E ratio (TTM)9.8622.29
Forward P/E7.9816.62
EPS (TTM)$2.49$4.66
Dividend yield1.43%3.54%
Annual dividend$0.35$3.68
52-week high$29.59$104.01
52-week low$20.82$67.04
Distance from 52-week high-17.05%-0.12%
Average volume96.52K207.72K
Shares outstanding42.47M14.68M
SectorFinanceFinance
IndustryProperty-Casualty InsurersProperty-Casualty Insurers

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • SAFT has outperformed IGIC by 43.1 percentage points over the past year.
  • Safety Insurance Group trades at a higher earnings multiple (22.3x vs 9.9x trailing P/E).
  • Safety Insurance Group offers a meaningfully higher dividend yield (3.54% vs 1.43%).

IGIC vs SAFT FAQ

Which is bigger, International General Insurance or Safety Insurance Group?

Safety Insurance Group (SAFT) is larger, with a market capitalization of $1.53B compared with $1.04B for International General Insurance (IGIC).

Which stock has performed better over the past year, IGIC or SAFT?

SAFT returned +48.46% over the past 12 months, compared with +5.32% for IGIC (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, IGIC or SAFT?

IGIC has the lower trailing P/E at 9.9, versus 22.3 for SAFT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, International General Insurance or Safety Insurance Group?

Safety Insurance Group has the higher yield at 3.54%, compared with 1.43% for International General Insurance.

Are International General Insurance and Safety Insurance Group in the same industry?

Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.

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