Core Viewpoint - Skyward Specialty Insurance Group has successfully commuted its Loss Portfolio Transfer with R&Q Re, receiving $11.7 million in cash, while also strengthening its loss reserves by $25.3 million as of December 31, 2024 [1][3]. Financial Performance - For the fourth quarter of 2024, Skyward Specialty reported gross written premiums of $388.4 million, reflecting an increase of $66.8 million or 20.8% compared to 2023 [6]. - The adjusted combined ratio for the fourth quarter was 91.6%, including catastrophe losses of 2.2 points [6][15]. - Net income for the fourth quarter was $14.4 million, with adjusted operating income at $33.2 million [6][13]. 2025 Guidance - The company anticipates growth in gross written premiums to be in the low to mid-teens for 2025, with a combined ratio expected between 91% and 92% [3][6]. - Net income guidance for 2025 is projected to be between $138.0 million and $150.0 million, indicating strong confidence in the business outlook [3][6]. Risk Management - The company has assessed its exposure to the January California wildfires, expecting total losses and loss adjustment expenses to be less than $10.0 million, net of reinsurance [2]. Strategic Focus - Skyward Specialty is focusing on intentional investments in various divisions, including surety, global agriculture, and accident & health, contributing to its strong growth [3].

Core Viewpoint - Skyward Specialty Insurance Group, Inc. is set to release its fourth quarter 2024 earnings results on February 25, 2025, followed by an earnings call on February 26, 2025, at 9:30 a.m. EDT [1][2] Company Overview - Skyward Specialty is a rapidly growing specialty insurance company that provides commercial property and casualty products and solutions on both non-admitted and admitted bases [3] - The company operates through eight underwriting divisions: Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety, and Transactional E&S [3] Subsidiaries and Ratings - Skyward Specialty's subsidiary insurance companies include Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company [4] - These subsidiaries are rated A (Excellent) with a stable outlook by A.M. Best Company [4]

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 ...

Investors interested in Insurance - Property and Casualty stocks are likely familiar with Skyward Specialty Insurance (SKWD) and Kinsale Capital Group, Inc. (KNSL) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasize ...