Bowhead Specialty Holdings Inc. reports developments for a specialty lines insurance group providing casualty, professional liability and healthcare liability insurance products in the United States. Its updates commonly center on gross written premiums, net earned premiums, loss ratios, expense ratios, acquisition costs, investment portfolio characteristics and growth across underwriting divisions.
The company describes its products through complementary craft and digital underwriting models, including Baleen Specialty and small-business offerings. Recurring company news also covers earnings releases, investor presentations, conference participation, reinsurance-related economics with American Family, and capital or shareholder matters tied to its public-company structure.
Bowhead Specialty Holdings (NYSE: BOW) reported third-quarter 2026 net income of $12.9 million, down from the same quarter in 2025. Diluted earnings fell to $0.38 from $0.45, while revenue rose 19.3% to $171.766 million. Gross written premiums increased 10.8% to $256.4 million, but net written premiums grew just 0.6%. Adjusted net income, a non-GAAP measure, increased 16.0% to $18.372 million.
The combined ratio, which measures insurance losses and expenses against earned premiums, worsened to 95.9% from 95.4%. A higher loss ratio outweighed a lower expense ratio. Net investment income rose 36.7% to $20.6 million. Nine-month net income increased 15.8% to $45.090 million. Book value per share was $13.75, with diluted book value of $13.22. Bowhead's transaction with American Family remains pending.
Bowhead Specialty (BOW) will release its third-quarter 2026 financial results before the market opens on November 3, 2026.
The release is scheduled for approximately 7:00 a.m. Eastern Time, with earnings documents available on its Investor Relations website. The company said it will not host an earnings conference call or webcast due to the pending transaction with American Family announced on August 3, 2026.
Bowhead Specialty Holdings (NYSE: BOW) reported second quarter 2026 results alongside news of a definitive merger agreement under which American Family will acquire Bowhead, and the company cancelled its previously scheduled earnings call. For the quarter ended June 30, 2026, gross written premiums rose 28.2% year over year to $297.9 million, driven by growth across all divisions, notably Casualty (+32.5%) and Baleen Specialty (+311.1%). Net income was $16.1 million, or $0.48 per diluted share, up 30.8%, with adjusted net income of $16.1 million and diluted adjusted EPS of $0.48. The loss ratio increased to 67.3%, while the expense ratio improved to 28.6%, resulting in a combined ratio of 95.9%. Net investment income grew 37.6% to $18.8 million. Book value per share was $14.39 (diluted $14.12), and return on equity and adjusted return on equity were both 13.8%.
Bowhead Specialty Holdings (NYSE: BOW) agreed to be acquired by American Family Mutual Insurance Company in an all-cash transaction valuing Bowhead at approximately $1.2 billion. Bowhead stockholders will receive $34.00 per share in cash, an 11% premium to the July 31, 2026 closing price.
The Bowhead board of directors has approved the deal, which is expected to close before year-end 2026, subject to regulatory and stockholder approvals. American Family will fund the purchase using cash and other liquid investments, and the transaction has no financing condition. After closing, Bowhead will operate as a standalone entity within American Family, retaining its name and brand, with Stephen Sills continuing as Chief Executive Officer and President.
Bowhead will release its second quarter 2026 results on August 3, 2026 but has cancelled the previously scheduled earnings conference call following the transaction announcement.
Bowhead Specialty (NYSE:BOW) will release its second quarter 2026 earnings at approximately 7:00 a.m. ET on Tuesday, August 4, 2026, before the market opens.
The company will host a related earnings conference call at 8:30 a.m. ET, accessible via live webcast and dial-in.
Bowhead Specialty Holdings (NYSE: BOW) reported Q1 2026 results for the period ended March 31, 2026. Key metrics: gross written premiums $216.7M (+24.0%), net income $16.0M ($0.48 diluted EPS), loss ratio 66.9%, expense ratio 28.4%, combined ratio 95.3%, and book value per share $13.98. Investment income rose to $18.0M with a portfolio book yield of 4.6% and duration 3.2 years. Management highlighted Casualty and digital Baleen growth and continued focus on balanced craft and digital underwriting.
Bowhead Specialty (NYSE: BOW) will release first-quarter 2026 financial results on May 5, 2026 at approximately 7:00 a.m. ET and will host a conference call at 8:30 a.m. ET the same day.
Brandon Mezick, Head of Digital Underwriting, will speak on the company’s growing digital underwriting model. Webcast, dial-in registration, and a one-year replay will be available on the company’s Investor Relations website. Additional investor events include a May 6 Deutsche Bank fireside chat and the May 13 Wells Fargo conference in Chicago.
Bowhead Specialty Holdings (NYSE: BOW) reported strong fourth-quarter and full‑year 2025 results with GWP $224.1M Q4 (+21.3%) and $862.8M FY (+24.0%). Net income was $14.8M Q4 and $53.8M FY; adjusted net income was $15.5M Q4 and $55.6M FY. Book value per share was $13.70. Investment income and yields rose materially, and expense ratio improved below 30% for the year.
The company highlighted digital expansion (Baleen, express) and expects ~20% GWP growth in 2026, led by Casualty.
Bowhead Specialty (NYSE: BOW) will release fourth-quarter 2025 financial results on Tuesday, February 24, 2026 at ~7:00 a.m. ET, with a conference call at 8:30 a.m. ET the same day.
Management will webcast the call, provide a replay for one year, and will attend investor conferences March 1–3 and March 11, 2026.
Bowhead Specialty Holdings (NYSE: BOW) priced a public offering of $150 million aggregate principal amount of 7.750% Senior Notes due 2030. The offering is expected to close on November 25, 2025, subject to customary closing conditions. The company intends to use net proceeds to make capital contributions to its insurance company subsidiary to grow the business and for other general corporate purposes. Keefe, Bruyette & Woods, Piper Sandler and J.P. Morgan are joint book-running managers. The offering is being made under a registration statement on the SEC website; prospectus copies will be available from the managers. This press release is not an offer to sell securities.