Every 8-K that Bowhead Specialty Holdings Inc. (BOW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BOW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BOW filings page.
Bowhead Specialty Holdings Inc. (BOW) reports that its board of directors elected Derek Walker to the board on September 12, 2026 to fill a vacancy pursuant to GPC Partners Investments (SPV III) LP’s rights under a Board Nominee Agreement. He will serve as a Class II director, standing for reelection at the 2029 annual meeting and, if reelected, serving a term expiring at the 2032 annual meeting.
The company highlights Mr. Walker’s background as a Managing Director at Gallatin Point Capital LLC and his prior experience in private equity and investment banking, as well as multiple current and prior board roles in financial and insurance-related organizations. Because he is employed by Gallatin Point, he is not eligible to receive cash fees or other compensation for his board service, consistent with the company’s director compensation framework.
Bowhead Specialty Holdings Inc. (BOW) reported a change in its board of directors. Effective August 17, 2026, Zhak Cohen resigned from the Board. He had served as one of the nominees of GPC Partners Investments (SPV III) LP under a Board Nominee Agreement between Bowhead and that fund, which is managed by Gallatin Point Capital LLC. His resignation is linked to his earlier departure from Gallatin Point Capital and is stated not to involve any disagreement with Bowhead regarding its operations, policies, or practices. The company notes that it qualifies as an emerging growth company.
Bowhead Specialty Holdings Inc. agreed to be acquired by American Family Mutual Insurance Company for $34.00 per share in cash, valuing the company at approximately $1.2 billion, an 11% premium to the July 31, 2026 closing price. The merger will be effected via a subsidiary, after approval by a majority of all shares and a majority of unaffiliated shares, required HSR and insurance regulatory clearances, and other customary conditions. Either party may terminate if not closed by April 2, 2027, extendable to June 2, 2027, and American Family may receive a $35 million termination fee in specified circumstances.
Equity awards will be cashed out or converted into cash-based escrow interests that generally follow existing vesting, with special treatment for the CEO’s RSUs and PSUs. For the quarter ended June 30, 2026, Bowhead reported gross written premiums of $297.9 million (up 28.2%), net income of $16.1 million or $0.48 per diluted share, adjusted net income of $16.1 million, a combined ratio of 95.9%, and book value per share of $14.39. Net investment income rose 37.6% to $18.8 million. In light of the pending transaction, the company cancelled its planned earnings call.
Bowhead Specialty Holdings Inc. reported strong first-quarter 2026 results and amended key reinsurance arrangements with American Family Mutual Insurance Company. Gross written premiums rose 24.0% to $216.7 million, while net income increased 40.1% to $16.0 million, or $0.48 per diluted share. Total revenues grew 26.9% to $155.7 million, and the combined ratio improved to 95.3%, driven by a stable loss ratio of 66.9% and a lower expense ratio of 28.4%.
Return on equity reached 14.1%, with adjusted net income of $16.0 million. Gross written premiums grew across all divisions, including Baleen Specialty, which climbed 313.9% to $11.4 million, and digital business reaching $14.8 million. Net investment income rose 43.5% to $18.0 million on a largely investment‑grade portfolio yielding 4.6%. Amendments to the quota share and related trust agreements raised the premium threshold at which American Family can terminate the quota share from $1.0 billion to $1.5 billion, extended required termination notice from 180 to 365 days, and increased ceding commission and collateralization requirements over time.
Bowhead Specialty Holdings reported strong growth for the quarter and year ended December 31, 2025. Fourth-quarter gross written premiums rose 21.3% to $224.1 million, with net income of $14.8 million, or $0.44 per diluted share, and a combined ratio of 96.9%.
For full-year 2025, gross written premiums increased 24.0% to $862.8 million and net income grew 40.6% to $53.8 million, or $1.59 per diluted share. Adjusted net income was $55.6 million, or $1.65 per diluted share, with a 13.6% adjusted return on equity and a 96.5% combined ratio. Management highlighted rapid expansion of the Baleen digital platform and reiterated expectations for around 20% gross written premium growth in 2026, led by the Casualty division.
Bowhead Specialty Holdings Inc. entered into a new senior secured revolving credit facility of $35 million with a syndicate of lenders and PNC Bank as administrative agent, effective November 26, 2025. The facility allows the company to borrow, issue letters of credit and obtain swing line loans for general corporate purposes, including funding growth, working capital, capital expenditures and refinancing debt, and initially had no borrowings outstanding on the effective date.
The revolving credit facility matures on the earlier of November 26, 2027 or a date tied to the potential termination of certain MGA agreements, and is secured by a first-priority lien on substantially all of the company’s assets. Borrowings will bear interest at either a Term SOFR-based rate plus a 1.75% margin or an alternate base rate plus a 0.75% margin, with additional fees on unused commitments and letters of credit. The agreement includes customary covenants and financial tests, including a maximum total debt of 35% of total capitalization, minimum insurance subsidiary capital requirements, and a minimum consolidated net worth formula starting at $319,115,000, as well as standard events of default.
Bowhead Specialty Holdings Inc. completed a public offering of $150,000,000 aggregate principal amount of its 7.750% Senior Notes due 2030. These senior, unsecured notes were issued under an existing shelf registration and will bear interest at 7.750% per year, paid semi-annually starting June 1, 2026, with final maturity on December 1, 2030, unless earlier repurchased or redeemed.
The company plans to use the net proceeds primarily to make capital contributions to its insurance subsidiary to support business growth and for other general corporate purposes. At the same time, Bowhead Specialty repaid in full and terminated all outstanding indebtedness and obligations under its prior credit agreement, and all related security interests and guarantees were released.
Bowhead Specialty Holdings Inc. reported that it issued a press release announcing its financial results for the three months ended September 30, 2025. The company also released an investor presentation covering the same period.
Both materials were furnished with this report as Exhibit 99.1 (press release) and Exhibit 99.2 (presentation) and are available on the company’s investor relations website. This filing is an informational update; it does not detail the underlying results.
Bowhead Specialty Holdings Inc. elected Price Lowenstein to its board of directors effective October 2, 2025, increasing the board size from ten to eleven members. He was appointed to the Compensation, Nominating and Corporate Governance Committee where he will serve alongside Ava Schnidman and David Holman. Mr. Lowenstein will serve until his successor is elected or earlier death, resignation or removal, and will stand for re-election at the companys next annual meeting in 2026 as a Class II director with a term expiring at the 2029 annual meeting. His background includes founding and leading Sovereign Risk Insurance Limited (SRI) from 1997 until his retirement in 2023, most recently serving as Chairman from July 2022 to January 2023. He also sits on the boards of The Green Guarantee Company and PEFCO Finance Servicer LLC. Mr. Lowenstein will be eligible to receive director compensation consistent with the companys stated non-employee director policy as described in the definitive proxy statement filed March 19, 2025.
Bowhead Specialty Holdings completed a registered public secondary offering of 2,000,000 shares of common stock sold by a selling stockholder, producing approximately $61,300,000 in gross proceeds to that stockholder. The company did not receive any proceeds from the sale. The transaction was executed under an Underwriting Agreement and the agreement is filed as an exhibit to the report.
The company previously maintained a registration statement on Form S-3 supplemented by a prospectus supplement in connection with the offering. Exhibits include the Underwriting Agreement and the cover page XBRL tags.