Skyward Specialty Insurance Group, Inc. is a dynamic insurance provider that focuses on delivering innovative and tailored insurance solutions across various sectors
The company engages in underwriting specialty insurance products and services while emphasizing risk management to meet the unique needs of its diverse clientele. With a commitment to excellence, Skyward works closely with brokers and policyholders, leveraging advanced analytics and industry insights to mitigate risks and ensure comprehensive coverage. Its agile approach enables the company to respond effectively to evolving market demands and to provide high-quality insurance solutions that contribute to the stability and growth of businesses and individuals alike.
HOUSTON, March 14, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, has recruited Patricia Ryan as the Company’s new General Counsel effective Tuesday, April 1 following the upcoming retirement of Leslie Shaunty, Skyward Specialty’s long-time General Counsel, after nearly 12 years of dedicated service. Ms. Shaunty will continue through the end of 2025 in a support and transition capacity.
HOUSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported fourth quarter 2024 net income of $14.4 million, or $0.35 per diluted share, compared to $29.3 million, or $0.74 per diluted share, for the same 2023 period. Net income for the year ended 2024 was $118.8 million, or $2.87 per diluted share, compared to $86.0 million, or $2.24 per diluted share, for the same 2023 period.
HOUSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today announced that it commuted the Loss Portfolio Transfer and Adverse Development and Retrocession Agreement (“LPT”) with R&Q Re (Bermuda) Ltd. ("R&Q") related to accident years 2018 and prior. The Company received $11.7 million in cash. Additionally, at December 31, 2024 the Company strengthened LPT loss reserves by $25.3 million and recognized approximately $9.8 million, net of tax, of uncollectible reinsurance recoverable from R&Q.
HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its fourth quarter 2024 earnings results after the market closes on Tuesday, February 25th which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.
HOUSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, today announced the launch of its new Life Sciences liability coverage. The strategic addition to the Company's Healthcare Solutions underwriting unit offers comprehensive and adaptable protection specifically tailored to meet the unique needs of the life sciences industry.
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported third quarter 2024 net income of $36.7 million, or $0.89 per diluted share, compared to $21.7 million, or $0.57 per diluted share, for the same 2023 period. Net income for the first nine months of 2024 was $104.4 million, or $2.53 per diluted share, compared to $56.7 million, or $1.50 per diluted share, for the same 2023 period.
HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") today announced a time change of its previously announced third quarter earnings call. The conference call and webcast will still be held on Wednesday, October 30, but will now begin at 9:30 a.m. EDT, rather than the previously scheduled time of 8:30 a.m EDT.
HOUSTON, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its third quarter 2024 earnings results after the market closes on Tuesday, October 29 which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.
HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced the expansion of its renewable energy solutions.
HOUSTON, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, is proud to announce it has been recognized as one of the Best Places to Work in Insurance for 2024, as determined by Business Insurance and Best Companies Group, for its second consecutive year. This prestigious award underscores Skyward Specialty's ongoing commitment to cultivating an exceptional workplace culture that fosters innovation, inclusion and professional growth.
Strategic Partnership Further Bolsters Bishop Street’s Differentiated MGA Platform with Proven Underwriting Capabilities and Expanded Product Development Across Niche Markets
HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, and Acceleration Aviation Underwriters, Inc. (“Acceleration Aviation”) have partnered to bring comprehensive coverage solutions to an array of aviation-related businesses.
HOUSTON, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, announced the strategic addition of key surety professionals as it continues to strengthen its regional Contract Surety teams.
HOUSTON, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced its entry into the mortgage (re)insurance market.
HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today reported second quarter 2024 net income of $31.0 million, or $0.75 per diluted share, compared to $19.5 million, or $0.51 per diluted share, for the same 2023 period. Net income for the first half of 2024 was $67.8 million, or $1.65 per diluted share, compared to $35.0 million, or $0.93 per diluted share, for the same 2023 period.
HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (Nasdaq: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, today reported that A.M. Best Company (“AM Best”) upgraded the Financial Strength Rating (FSR) of its subsidiary insurance companies, Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company, to an “A” (Excellent) X rating with a stable outlook.
