Skyward Specialty Insurance Group, Inc.

Skyward Group Reports Third Quarter 2026 Results

Skyward Group reported Q3 2026 net income of $49.8 million with diluted EPS of $1.09 and diluted operating EPS of $1.28, up 22% from $1.05 a year ago. Gross written premiums grew 9.0% to $803.5 million and managed premiums rose 12.5% to $1.32 billion, with fee-generating premiums up 18.4% on strength in Partner Syndicates and the accident & health division. The combined ratio was 89.9% (88.1% ex-cat), and nine-month annualized operating ROE reached 20.4%, with book value per share up 15.3% year-to-date to $28.74. GAAP EPS was slightly below prior year due to higher amortization from the Apollo acquisition and convective-storm catastrophe losses, but management highlighted the capital-light fee platform as a key differentiator heading into the November 6 conference call.

•3d ago

Slingshot Insurance and Skyward Group Partner to Accelerate Growth in Embedded Insurance

Skyward Group (Nasdaq: SKWD) announced a strategic partnership making it the primary carrier partner of Slingshot Insurance, an AI-native embedded-insurance startup, giving Slingshot customers access to AM Best A-rated capacity in all 50 states. The move follows Skyward's co-leadership of Slingshot's $27 million seed round after the startup emerged from stealth. For Skyward, the partnership extends its specialty franchise into embedded insurance — travel, amateur sports, and the gig economy — a market it does not serve today, though no revenue or investment-size figures specific to Skyward were disclosed.

•12d ago

Apollo partners with Generali to launch Red Bridge Syndicate 2031

Apollo, a Skyward Group company (SKWD), has partnered with Generali to launch Red Bridge Syndicate 2031, which received in-principle approval from Lloyd's and will begin underwriting on 1 January 2027. Red Bridge will give Lloyd's members access to share in Generali's diversified European outward reinsurance programme, with Apollo acting as managing agent. The deal brings Apollo's syndicates under management to 11 and generates additional fee-based revenue for Skyward Group, validating its third-party syndicate management strategy.

•18d ago

Skyward Group Expands ibott’s Next-Generation Autonomous Vehicle Solutions Into U.S. Primary Market

Skyward Group is expanding its ibott subsidiary's autonomous vehicle insurance expertise into the U.S. primary market with a full suite of AV-focused solutions. ibott, part of Lloyd's platform Apollo, brings over a decade of specialized experience insuring digital-economy exposures across vehicle manufacturers, autonomous system developers and fleet operators. Management frames the move as a portfolio diversification play, connecting ibott's specialized underwriting with Skyward Group's U.S. distribution, though no financial metrics or revenue expectations were disclosed.

•1mo ago

Skyward Specialty Partners with SnapRefund to Set a New Standard for Claim Payments Using ClaimsSnap

Skyward Specialty announced a strategic partnership with SnapRefund to run claim payments through SnapRefund's ClaimsSnap platform. The company expects the automation to reduce manual handling, lower loss adjustment expenses, and improve operating leverage as claims volumes scale. No financial terms were disclosed; the impact is incremental efficiency rather than a near-term earnings driver.

•1mo ago

Skyward Specialty Lands Elite Talent to Build Leading Inland Marine Position

Skyward Specialty (Nasdaq: SKWD) announced three strategic hires into its Inland Marine unit, deepening its investment in the niche specialty P&C segment. Jon Kattman, a two-decade industry veteran who most recently led Inland Marine at Sompo and previously ran Aspen's U.S. inland marine group, joins as senior vice president to head the team. Jared Lester (16 years, Hanover and Sompo) and Casie Derrick (20 years, Berkley Fire & Marine, The Hartford, AGCS, most recently Sompo) join as VP and AVP respectively. Melissa Goto, president of E&S and Inland Marine, said the hires' expertise will be instrumental in building a highly defensible position in the line and scaling capabilities to 'rule our niche.' No financial terms were disclosed; the move is an incremental growth and talent-pool signal for the specialty insurer rather than a near-term earnings event.

•2mo ago

Skyward Group Reports Second Quarter 2026 Results

Skyward Specialty Insurance Group delivered strong Q2 results with gross written premiums climbing 13.3% year-over-year to $740.6 million and managed premiums increasing 17.5%. Underwriting profitability remained robust with an 89.5% combined ratio, driving a 46% increase in diluted operating earnings per share to $1.30 and boosting book value per share by 14.6% to $28.55. The company returned capital to shareholders through the repurchase of 223,000 shares for $9.7 million and doubled its total share repurchase authorization to $100 million.

•3mo ago

Apollo strengthens industry-recognised product recall line with senior appointment

Apollo, a Skyward Group company, appointed David Burke as class lead for its product recall line to drive expansion and underwriting strategy. Burke joins from Hiscox where he led the product recall unit for a decade, bringing technical expertise to help Apollo enter profitable niche sectors. The move builds on Apollo's recent ranking as the second leading underwriter in London's 2026 report for service excellence.

•3mo ago

Skyward Group Reports First Quarter 2026 Results

Skyward Group reported Q1 2026 net income of $49.7 million, or $1.09 per diluted share, up from $42.1 million in the prior year period. Operating income increased 51% to $56.8 million, with diluted operating EPS rising 39% year-over-year to $1.25, driven by a 9.9% increase in gross written premiums to $667.7 million. The company achieved an outstanding combined ratio of 89.5% and grew book value per share by 10% to $27.50, highlighting strong underwriting discipline and the accretive impact of the Apollo consolidation.

•6mo ago