Skyward Specialty Commutes the LPT, Announces Preliminary Fourth Quarter 2024 Results and Provides Guidance for 2025 [Yahoo! Finance]
Skyward Specialty Insurance Group, Inc. (SKWD)
Company Research
Source: Yahoo! Finance
Wed, February 5, 2025 at 10:00 PM GMT+1 7 min read In This Article SKWD Skyward Specialty Insurance Group, Inc. 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. Skyward Specialty also announced the following fourth quarter 2024 preliminary results and provided 2025 guidance: Highlights for the fourth quarter included: Gross written premiums of $388.4 million, an increase of $66.8 million, or 20.8%, when compared to 2023; Adjusted combined ratio o
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News
- How Investors Are Reacting To Skyward Specialty Insurance Group (SKWD) AI-Powered Underwriting Partnership With Sixfold [Yahoo! Finance]Yahoo! Finance
- Skyward Specialty and Sixfold Partner to Advance AI-Powered UnderwritingGlobeNewswire
- Wall Street Maintains a Positive Outlook on Skyward Specialty Insurance Group (SKWD) [Yahoo! Finance]Yahoo! Finance
- Skyward Specialty Insurance Group (NASDAQ:SKWD) was given a new $66.00 price target on by analysts at Raymond James Financial, Inc..MarketBeat
- Skyward Specialty Insurance Group (NASDAQ:SKWD) had its "outperform" rating reaffirmed by analysts at Keefe, Bruyette & Woods.MarketBeat
SKWD
Earnings
- 10/29/25 - Beat
SKWD
Sec Filings
- 12/19/25 - Form 4
- 12/18/25 - Form 144
- 12/16/25 - Form 4
- SKWD's page on the SEC website