Regulatory Authorities and Minority Shareholders Approved Skyward Specialty Acquisition of Apollo Group; Skyward Specialty Provides Guidance for 2026

Core Viewpoint - Skyward Specialty Insurance Group has received regulatory and minority shareholder approvals for its acquisition of Apollo Group Holdings, with the transaction expected to close in early Q1 2026 [1][3]. Financial Guidance - Skyward Specialty provided financial guidance for the 2026 fiscal year, assuming the completion of the Apollo acquisition, aiming for top quartile underwriting and sustainable earnings growth [2][3]. - Pro forma guidance for the year ending December 31, 2026, includes gross written premiums estimated between $2.65 billion and $2.8 billion, a combined ratio between 90.5% and 91.5%, and net income projected between $207 million and $216 million, or $4.50 to $4.70 per diluted share [6][14]. Company Overview - Skyward Specialty is a rapidly growing specialty insurance company, offering commercial property and casualty products through eight underwriting divisions [7]. - The company operates subsidiaries rated A (Excellent) by A.M. Best, indicating a strong financial position [8]. Apollo Overview - Apollo is described as an innovation-driven insurance platform that provides data-driven solutions across various risk categories, enhancing Skyward's capabilities in the specialty insurance market [9][10].