SKWD News & Events

Reports Q4 revenue $385.59M, consensus $380.86M. Reports Q4 tangible book value per share $21.79. Skyward Group chairman and CEO Andrew Robinson commented, "The fourth quarter was another excellent quarter and capped off a truly transformational year for the Company. Similar to the previous three quarters, we delivered Company bests in adjusted operating income, underwriting income and the combined ratio of 88.5%. Our gross written premiums growth in the quarter of 13% culminated a year of 24% growth, and our return on equity and return on tangible equity of 18.9% and 20.9%(1) respectively for the full year are simply outstanding."

Skyward Specialty Insurance Group announced the launch of its new specialized Power Generation insurance solution for small to mid-sized entities, expanding its offerings to meet the evolving needs of power producers and brokers across the U.S. while complementing and further diversifying its existing portfolio. Skyward Specialty's new Power Generation solution delivers tailored coverage for a broad range of power assets, supporting risks throughout the asset lifecycle. Designed for today's complex power environment, the solution complements the Company's Renewable Energy program and provides power producers and brokers with purpose-built capacity that can lead or meaningfully participate in complex power generation accounts.