Houston, TX – February 05, 2025 – 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 o ...

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 millio ...

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. Skyward Specialty will host its earnings call to review the fourth quarter 2024 financial results on Wednesday, February 26 at 9:30 a.m. EDT. Investors may acc ...

Skyward Specialty Insurance Group, Inc. (SKWD) has been trading below its 50-day simple moving average (SMA), signaling a short-term bearish trend. As of Jan. 16, 2025, its share price was $45, down 19.1% from its 52-week high of $55.62The 50-day SMA is a key indicator for traders and analysts to identify support and resistance levels. It is considered particularly important as it is the first marker of an uptrend or downtrend. With a market capitalization of $1.8 billion, Skyward Specialty operates in an u ...

Shares of Skyward Specialty Insurance Group, Inc. (SKWD) are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book of 2.62X is higher than the industry average of 1.55X. It has a Value Score of B. Shares of other insurers like Aflac Inc (AFL) , The Progressive Corporation (PGR) and The Travelers Companies (TRV) are also trading at a multiple higher than the industry average.Skyward Specialty operates in an underpenetrated niche market for which standard insurance cove ...

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. The life sciences sector often enco ...

Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD ) is a rapidly growing insurance company. This year, it is up 47.6%. Is now a good time to buy, or should you take profits?After 15 years working in the financial sector, performing analysis and judging risk management at investment banks, commercial banks and insurance companies, I want to work for myself. I have joined Seeking Alpha to share the results of my analysis of companies that I research when looking for investments for myself. I look for comp ...

Shares of Skyward Specialty Insurance Group, Inc. (SKWD) have rallied 47.6% year to date, outperforming the industry’s increase of 30.7%, the Finance sector’s rise of 22.5% as well as the Zacks S&P 500 composite gain of 26.3% in the same time frame. Its improved top line, expanded margins and sufficient financial flexibility should continue to drive shares of this specialty property and casualty insurer. Skyward Specialty Outperforms Industry, Sector & S&P YTDImage Source: Zacks Investment ResearchSKWD shar ...

Have you been paying attention to shares of Skyward Specialty Insurance (SKWD) ? Shares have been on the move with the stock up 10% over the past month. The stock hit a new 52-week high of $50.21 in the previous session. Skyward Specialty Insurance has gained 47.6% since the start of the year compared to the 24.1% move for the Zacks Finance sector and the 30.4% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has an impressive record of positive ear ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.01 SKWD The Nasdaq Stock Market LLC FORM 10-Q __________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 1 ...