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. reports developments for a specialty property and casualty insurance group operating through U.S. Skyward Specialty operations and Apollo's Lloyd's platform. News commonly covers quarterly operating results, gross written and managed premiums, combined ratios, investment performance, and segment reporting across the Skyward Specialty segment, the Apollo segment, and corporate functions.
Company updates also describe product and underwriting expansion in specialized lines such as E&S property, power generation, renewable energy, life sciences, accident and health, agriculture and credit, professional lines, specialty programs, surety, and transactional E&S. Governance items include board composition and public-company oversight.
Skyward Specialty Insurance Group (NASDAQ: SKWD) has been named one of U.S. News & World Report's Best Companies to Work For in 2024-2025. The recognition is based on publicly available information about the company's employee support and work environment. Key factors considered include quality of pay and benefits, work-life balance, job stability, and career opportunities. CEO Andrew Robinson emphasized the company's commitment to fostering a winning and compassionate culture, stating that the recognition confirms their efforts in creating a desirable workplace.
Skyward Specialty Insurance Group (NASDAQ: SKWD) announced the expansion of its Media Liability team with the recruitment of three industry veterans: Andrea Taylor, Cheech Bradford, and Emily Caron.
Taylor joins as vice president of Media Liability with 25 years of experience from ANV Media and QBE North America. Bradford, bringing over 35 years of experience from Hiscox, AXIS Capital, and QBE North America, joins as assistant vice president of Media Liability. Caron, an experienced claims attorney, joins as vice president of Media Liability Claims.
This expansion follows the company's successful entry into the media liability market as a primary carrier two months ago. Skyward Specialty aims to provide innovative solutions and strengthen its growth in the professional liability division.
The Westaim announced the closing of the secondary public offering of Skyward Specialty Insurance Group, Inc. The Offering involved the sale of 5,060,000 shares of common stock of Skyward Specialty at a price of US$36.50 per share, resulting in proceeds of approximately US$177.3 million. Westaim now holds a 4.8% interest in Skyward Specialty. Barclays, Keefe, Bruyette & Woods, Inc., A Stifel Company, and Jefferies served as joint lead book-running managers for the Offering.
Westaim announces the pricing of Skyward Specialty's secondary public offering, with the intention of selling 4,400,000 shares at a price of US$36.50 per share through its subsidiary. The offering includes an option for underwriters to purchase an additional 660,000 shares. Skyward Specialty will not receive proceeds from the sale.
Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) announced the pricing of its secondary offering of 4,400,000 shares at $36.50 per share by The Westaim The offering includes an option for underwriters to purchase an additional 660,000 shares. The Selling Stockholder will hold between 4.80% and 6.45% in Skyward Specialty. The Company will not receive proceeds from the offering, and underwriters will bear associated costs. Multiple entities are acting as managers for the offering, made under an effective shelf registration statement.
The Westaim announces the sale of 4,400,000 shares of common stock of Skyward Specialty Insurance Group, Inc. through an underwritten secondary public offering. The Offering includes a 30-day option for the underwriters to purchase an additional 660,000 shares. Skyward Specialty will not receive any proceeds from the sale, with the Selling Stockholder bearing the underwriting discounts and commissions.
Skyward Specialty Insurance Group, a leader in the specialty property and casualty market, announced a secondary offering of 4,400,000 shares of its common stock by The Westaim The underwritten offering includes a 30-day option to purchase an additional 660,000 shares. Skyward Specialty will not receive proceeds from the sale, with the Selling Stockholder bearing associated costs. Barclays, Keefe, Bruyette & Woods, Inc., and Jefferies are acting as joint lead book-running managers for the proposed offering.
Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) reported a strong first quarter 2024 with net income of $36.8 million, up from $15.6 million in 2023. Highlights include gross written premiums increasing by 27.2%, underwriting income of $24.7 million, and an annualized return on equity of 21.7%. The company continues to execute its strategy successfully and expects to deliver attractive returns for shareholders in 2024.
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