Welcome to our dedicated page for Skyward Specialty Insurance Group news (Ticker: SKWD), a resource for investors and traders seeking the latest updates and insights on Skyward Specialty Insurance Group stock.
Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) generates news and disclosures that reflect its role in the specialty property and casualty insurance market and its position as part of Skyward Group. News coverage for SKWD often centers on developments in its specialty P&C operations, strategic initiatives, and corporate actions that affect its underwriting capabilities and capital structure.
Company announcements have highlighted expansions of its underwriting offerings, such as the significant expansion of its E&S Property business with the addition of excess coverage for technically complex, non-catastrophe property risks. These updates illustrate how the company applies its “Rule Our Niche” strategy and invests in areas where it sees demand for specialized capacity and layered programs.
News about Skyward Specialty also includes information on its acquisition of Apollo Group Holdings Limited and the introduction of Skyward Group as the unified holding company brand for its U.S. and Lloyd’s businesses. These items provide context on how the organization is building a broader platform across global specialty P&C markets while maintaining Skyward Specialty and Apollo as distinct market-facing brands.
Additional recurring themes in SKWD news include quarterly and annual financial results, guidance updates, credit facility arrangements, board and leadership changes, and partnerships with technology providers such as Sixfold to support AI-powered underwriting. Readers following SKWD news can use this page to review company press releases and related items that shed light on underwriting performance, strategic transactions, and the evolution of its specialty insurance offerings.
Skyward Specialty Insurance Group (NASDAQ: SKWD) has been recognized as one of the 2025-2026 Best Companies to Work For by US News & World Report for the second consecutive year. The specialty P&C insurance leader received recognition in three categories: Overall, Industry: Finance & Insurance, and Region: South.
The recognition, based on independent analysis of public data rather than corporate submissions, highlights Skyward's strong performance in employee satisfaction metrics. The company excelled in areas including Career Opportunities, Professional Development, and Belongingness and Esteem. CEO Andrew Robinson emphasized that this achievement reflects the company's success in building an engaged and compassionate culture in the five years since its rebranding as Skyward Specialty.
Skyward Specialty Insurance Group (NASDAQ: SKWD) reported strong Q1 2025 financial results, with net income reaching $42.1 million ($1.01 per diluted share), up from $36.8 million in Q1 2024. The company achieved record adjusted operating income of $37.3 million ($0.90 per diluted share), a 20% increase year-over-year. Gross written premiums grew 16.7% to $535.3 million, driven by strong performance in agriculture and credit reinsurance, accident & health, and specialty programs divisions.
Key performance metrics included a combined ratio of 90.5%, an ex-cat combined ratio of 88.3%, and an annualized return on equity of 20.5%. Book value per share increased 6% to $21.06 compared to December 31, 2024. The company's stockholders' equity rose 7.1% to $850.7 million, primarily due to increased investment portfolio market value and net income.
Skyward Specialty Insurance Group (NASDAQ: SKWD) has announced a schedule change for their first quarter 2025 earnings conference call and webcast. The updated timing is set for Friday, May 2 at 9:30 a.m. EDT.
Key details of the earnings announcement:
- Q1 2025 earnings results will be released after market close on Thursday, May 1
- Results will be available on the company website at investors.skywardinsurance.com under Quarterly Results
- Investors can access the live audio webcast through the company's investor site under Events & Presentations
- Conference call access requires registration to receive dial-in information and a unique PIN
- A replay of the webcast will be available two hours after the call on the investor website
This schedule adjustment ensures stakeholders have timely access to Skyward Specialty's latest financial performance data and the opportunity to participate in the earnings discussion.
Skyward Specialty Insurance Group (NASDAQ: SKWD) has announced its upcoming first quarter 2025 earnings release schedule. The company will release its Q1 2025 financial results after market close on Thursday, May 1, 2025. A subsequent earnings call is scheduled for Friday, May 2, 2025, at 9:00 a.m. EST.
Investors can access the live audio webcast through the company's investor website at investors.skywardinsurance.com under Events & Presentations. Additionally, interested parties can join the conference call by registering through the provided conference link, after which they will receive dial-in information and a unique PIN. A replay of the webcast will be made available two hours after the call concludes in the same location on the company's investor website.
Skyward Specialty Insurance Group (Nasdaq: SKWD) has announced the appointment of Patricia Ryan as the new General Counsel, effective April 1, 2025. Ryan will succeed Leslie Shaunty, who is retiring after nearly 12 years of service but will remain in a support role through 2025.
Ryan brings over 20 years of insurance industry experience, having held senior legal positions at Trean Insurance Group, HDI Global, QBE North America, and Allianz/Fireman's Fund Insurance Company. Her expertise spans compliance, regulatory matters, corporate governance, enterprise risk management, securities, and contract law. She holds a J.D. from Loyola University Chicago and a bachelor's degree in economics and history from the University of Illinois.
Chairman and CEO Andrew Robinson praised Shaunty's contributions to the company's IPO and subsequent follow-on offerings, while expressing confidence in Ryan's ability to drive innovation and excellence in her new role.
Skyward Specialty Insurance Group (SKWD) reported strong Q4 2024 results with net income of $14.4 million ($0.35 per diluted share), though lower than Q4 2023's $29.3 million. Full-year 2024 net income reached $118.8 million ($2.87 per share), up from $86.0 million in 2023.
Q4 highlights include gross written premiums of $388.4 million, a 20.8% increase year-over-year, and an adjusted combined ratio of 91.6%. The company achieved a return on equity of 16.3% for 2024 and book value per share grew 18% to $19.79.
Throughout 2024, Skyward expanded its portfolio by launching new units in Media Liability, Life Sciences, Mortgage and Credit, and Renewable Energy. Six out of eight divisions reported double-digit growth. The results were impacted by catastrophe losses, primarily from Hurricane Milton in Q4 and Hurricanes Helene and Beryl in Q3 2024.
Skyward Specialty Insurance Group (SKWD) has announced several significant developments in its Q4 2024 operations and 2025 outlook. The company has commuted its Loss Portfolio Transfer agreement with R&Q Re, receiving $11.7 million in cash while strengthening LPT loss reserves by $25.3 million.
Q4 2024 preliminary results show strong performance with gross written premiums of $388.4 million, representing a 20.8% increase year-over-year. The company achieved an adjusted combined ratio of 91.6%, net investment income of $20.7 million, net income of $14.4 million, and adjusted operating income of $33.2 million.
For 2025, Skyward projects net income between $138.0-150.0 million and a combined ratio between 91.0-92.0%. The company expects its exposure to January California wildfires to result in losses less than $10.0 million, net of reinsurance. Growth in gross written premiums is anticipated in the low to mid-teens for 2025.
Skyward Specialty Insurance Group (NASDAQ: SKWD) has announced its upcoming fourth quarter 2024 earnings release schedule. The company will release its financial results after market close on Tuesday, February 25th, 2024. The earnings call is scheduled for Wednesday, February 26, 2025, at 9:30 a.m. EDT.
Investors can access the live audio webcast through the company's investor website at investors.skywardinsurance.com under Events & Presentations. A conference call option is also available through registration, which will provide dial-in information and a unique PIN. A replay of the webcast will be accessible two hours after the call on the company's investor website.