SKWD on Nasdaq
Skyward Specialty Insurance Group, Inc.
American fire company based in Houston, listed on Nasdaq (SKWD)2
In its 2026 annual report the company says: “We are a growing specialty insurance company delivering commercial insurance products and solutions on a non-admitted (or E&S) and admitted basis, predominantly in the United States. We focus our business on markets that are underserved, dislocated and/or for which standard insurance coverages are insufficient or inadequate to meet the needs of businesses, including our customers and prospective customers operating in these markets.”4
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Last updated Oct 21, 2026.
Overview
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- TickerSKWD on Nasdaq2
- IndustryFire, Marine & Casualty Insurance2
- HeadquartersHouston, United States2
- Incorporated inDE3
- Business address800 Gessner, Suite 600, Houston, Tx 770243
- Filer categoryLarge accelerated filer3
- Legal formCorporation2
- LEI549300GXGXJG0YH4VN212
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O CAPITOL SERVICES, INC., 19901 Dover, United States2
- Registered withDivision of Corporations, Department of State, 40882932
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Skyward Specialty was formed as a Delaware corporation on January 3, 2006 as an insurance holding company. We operated under the name Houston International Insurance Group, Ltd. until we re-branded as Skyward Specialty in November 2020. References to “the Company,” “we,” “our,” “us” or like terms refer to the business of Skyward Specialty Insurance Group, Inc. and its subsidiaries.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Managing General Insurance Agent And Broker, Commission Revenue brought in 67% of the revenue Skyward Specialty Insurance Group, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Managing General Insurance Agent And Broker, Commission Revenue | $7.2M | $8.0M | $8.3M |
| Managing General Insurance Agent And Broker, Fee Icome | $2.7M | $2.4M | $2.3M |
| Managing General Insurance Agent And Broker, Other | -$135.0K | $266.0K | $1.7M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Interest4¢$7.9M
- Income tax21¢$46.4M
- Profit76¢$170.0M
Out of $12.4M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending1¢$5.5M
- Kept or used elsewhere99¢$402.6M
Out of $408.1M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earned premiums | $1.3B | $1.1B | $829.1M |
| Commission and fee income | $6.9M | $6.7M | $6.1M |
| Net investment income | $83.6M | $80.6M | $40.3M |
| Net investment gains | $22.1M | $6.3M | $11.1M |
| Other loss | -$587.0K | -$167.0K | -$632.0K |
| Total revenues | $1.4B | $1.2B | $886.0M |
| Losses and loss adjustment expenses | $795.0M | $669.8M | $515.2M |
| Underwriting, acquisition and insurance expenses | $377.4M | $311.8M | $243.4M |
| Transaction costs | $14.0M | $0 | $0 |
| Interest expense | $7.9M | $9.5M | $10.0M |
| Amortization expense | $1.6M | $2.0M | $1.8M |
| Other expenses | $4.2M | $4.4M | $5.4M |
| Total expenses | $1.2B | $997.5M | $775.9M |
| Income before income taxes | $216.4M | $152.7M | $110.1M |
| Income tax expense | $46.4M | $33.9M | $24.1M |
| Net income | $170.0M | $118.8M | $86.0M |
| Net income attributable to participating securities | $0 | $0 | $1.7M |
| Net income attributable to common stockholders | $170.0M | $118.8M | $84.3M |
| Net change in unrealized gains on investments, net of tax | $33.1M | $9.8M | $25.5M |
| Reclassification adjustment for gains (losses) on securities no longer held, net of tax | $485.0K | -$9.0M | -$5.0M |
| Total other comprehensive income | $33.6M | $833.0K | $20.5M |
| Comprehensive income | $203.6M | $119.7M | $106.5M |
| Basic earnings per share (in dollar per share) | $4.21 | $2.97 | $2.34 |
| Diluted earnings per share (in dollar per share) | $4.07 | $2.87 | $2.24 |
| Basic (in shares) | 40.4M shares | 40.1M shares | 36.0M shares |
| Diluted (in shares) | 41.8M shares | 41.4M shares | 38.3M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturity securities, available-for-sale, at fair value (net of allowance for credit losses of $7,000 and $0, respectively) (amortized cost of $1,848,755 and $1,320,266, respectively) | $1.9B | $1.3B | ||
| Fixed maturity securities, held-to-maturity, at amortized cost (net of allowance for credit losses of $468 and $243, respectively) | $32.8M | $39.2M | ||
| Equity securities, at fair value | $1.2M | $106.3M | ||
| Mortgage loans, at fair value | $9.9M | $26.5M | ||
| Equity method investments | $77.4M | $98.6M | ||
| Other long-term investments | $58.6M | $33.2M | ||
| Short-term investments, at fair value | $264.3M | $274.9M | ||
| Total investments | $2.3B | $1.9B | ||
| Cash and cash equivalents | $168.5M | $121.6M | ||
| Restricted cash | $30.6M | $35.9M | ||
| Premiums receivable, net | $544.2M | $321.6M | $179.2M | |
| Reinsurance recoverables, net | $1.1B | $857.9M | $857.9M | $596.3M |
| Ceded unearned premium | $238.9M | $203.9M | ||
| Deferred policy acquisition costs | $136.1M | $113.2M | ||
| Deferred income taxes | $27.9M | $30.5M | ||
| Goodwill and intangible assets, net | $88.0M | $87.3M | ||
| Other assets | $137.2M | $86.7M | ||
| Total assets | $4.8B | $3.7B | ||
| Reserves for losses and loss adjustment expenses | $2.3B | $1.8B | $1.3B | $1.1B |
| Unearned premiums | $774.0M | $637.2M | ||
| Deferred ceding commission | $46.5M | $40.4M | ||
| Reinsurance and premium payables | $279.9M | $177.1M | ||
| Funds held for others | $128.0M | $102.7M | ||
| Accounts payable and accrued liabilities | $115.0M | $76.2M | ||
| Carrying Value | $100.4M | $100.0M | ||
| Subordinated debt, net of debt issuance costs | $19.6M | $19.5M | ||
| Total liabilities | $3.8B | $2.9B | ||
| Common stock, $0.01 par value, 500,000,000 shares authorized, 40,511,222 and 40,127,908 shares issued and outstanding, respectively | $405.0K | $401.0K | ||
| Additional paid-in capital | $730.6M | $718.6M | ||
| Accumulated other comprehensive income (loss) | $11.5M | -$22.1M | ||
| Retained earnings | $267.1M | $97.1M | ||
| Total stockholders equity | $1.0B | $794.0M | $661.0M | |
| Total liabilities and stockholders equity | $4.8B | $3.7B | ||
| Available-for-sale allowance for credit losses | $7.0M | $0 | ||
| Amortized cost | $1.8B | $1.3B | ||
| Allowance for credit losses | $468.0K | $243.0K | $329.0K | |
| Common stock, par value (in dollar per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued (in shares) | 40.5M shares | 40.1M shares | ||
| Common stock, shares outstanding (in shares) | 40.5M shares | 40.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturity securities, available-for-sale, at fair value (net of allowance for credit losses of $7,000 and $0, respectively) (amortized cost of $1,848,755 and $1,320,266, respectively) | $1.9B | $1.3B | ||
| Fixed maturity securities, held-to-maturity, at amortized cost (net of allowance for credit losses of $468 and $243, respectively) | $32.8M | $39.2M | ||
| Equity securities, at fair value | $1.2M | $106.3M | ||
| Mortgage loans, at fair value | $9.9M | $26.5M | ||
| Equity method investments | $77.4M | $98.6M | ||
| Other long-term investments | $58.6M | $33.2M | ||
| Short-term investments, at fair value | $264.3M | $274.9M | ||
| Total investments | $2.3B | $1.9B | ||
| Cash and cash equivalents | $168.5M | $121.6M | ||
| Restricted cash | $30.6M | $35.9M | ||
| Premiums receivable, net | $544.2M | $321.6M | $179.2M | |
| Reinsurance recoverables, net | $1.1B | $857.9M | $857.9M | $596.3M |
| Ceded unearned premium | $238.9M | $203.9M | ||
| Deferred policy acquisition costs | $136.1M | $113.2M | ||
| Deferred income taxes | $27.9M | $30.5M | ||
| Goodwill and intangible assets, net | $88.0M | $87.3M | ||
| Other assets | $137.2M | $86.7M | ||
| Total assets | $4.8B | $3.7B | ||
| Reserves for losses and loss adjustment expenses | $2.3B | $1.8B | $1.3B | $1.1B |
| Unearned premiums | $774.0M | $637.2M | ||
| Deferred ceding commission | $46.5M | $40.4M | ||
| Reinsurance and premium payables | $279.9M | $177.1M | ||
| Funds held for others | $128.0M | $102.7M | ||
| Accounts payable and accrued liabilities | $115.0M | $76.2M | ||
| Carrying Value | $100.4M | $100.0M | ||
| Subordinated debt, net of debt issuance costs | $19.6M | $19.5M | ||
| Total liabilities | $3.8B | $2.9B | ||
| Common stock, $0.01 par value, 500,000,000 shares authorized, 40,511,222 and 40,127,908 shares issued and outstanding, respectively | $405.0K | $401.0K | ||
| Additional paid-in capital | $730.6M | $718.6M | ||
| Accumulated other comprehensive income (loss) | $11.5M | -$22.1M | ||
| Retained earnings | $267.1M | $97.1M | ||
| Total stockholders equity | $1.0B | $794.0M | $661.0M | |
| Total liabilities and stockholders equity | $4.8B | $3.7B | ||
| Available-for-sale allowance for credit losses | $7.0M | $0 | ||
| Amortized cost | $1.8B | $1.3B | ||
| Allowance for credit losses | $468.0K | $243.0K | $329.0K | |
| Common stock, par value (in dollar per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, shares issued (in shares) | 40.5M shares | 40.1M shares | ||
| Common stock, shares outstanding (in shares) | 40.5M shares | 40.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $170.0M | $118.8M | $86.0M |
| Net investment (gains) losses | -$22.1M | -$6.3M | -$11.1M |
| Depreciation and amortization expense | $3.5M | $3.4M | $3.9M |
| Stock-based compensation expense | $12.0M | $9.4M | $8.5M |
| Undistributed earnings (loss) from long-term investments | $10.1M | -$6.3M | $6.7M |
| Net change in fair value of derivatives | -$34.9M | $0 | $0 |
| Deferred income tax, net | -$6.4M | -$8.7M | $9.4M |
| Premiums receivable, net | -$222.6M | -$142.4M | -$40.0M |
| Reinsurance recoverables, net | -$262.0M | -$261.5M | -$17.3M |
| Ceded unearned premium | -$35.0M | -$17.8M | -$28.5M |
| Deferred policy acquisition costs | -$22.9M | -$21.2M | -$23.0M |
| Federal income taxes | $1.8M | $4.5M | -$1.9M |
| Losses and loss adjustment expenses | $536.5M | $467.9M | $172.7M |
| Unearned premiums | $136.8M | $84.7M | $110.0M |
| Deferred ceding commission | $6.0M | $3.4M | $7.2M |
| Reinsurance and premium payables | $102.8M | $26.9M | $36.5M |
| Funds held for others | $25.3M | $44.1M | $21.7M |
| Accounts payable and accrued liabilities | $37.0M | $19.2M | $2.3M |
| Other, net | -$28.0M | -$12.8M | -$5.0M |
| Net cash provided by operating activities | $408.1M | $305.1M | $338.2M |
| Purchase of fixed maturity securities, available-for-sale | -$910.0M | -$617.6M | -$459.7M |
| Purchase of illiquid investments | $0 | -$75.0K | -$1.7M |
| Purchase of equity securities | -$13.2M | -$14.1M | -$26.0M |
| Purchase of equity method investments and other long-term investments | -$6.8M | -$32.2M | $0 |
| Purchase of intangible assets and goodwill | -$2.0M | $0 | -$50.0K |
| Investment in direct and indirect loans | $19.7M | $27.5M | $3.0M |
| Purchase of property and equipment | -$5.5M | -$4.2M | -$3.1M |
| Proceeds from the sales of fixed maturity securities, available-for-sale | $198.2M | $217.5M | $26.6M |
| Maturities, calls, transfers and paydowns of fixed maturity securities, available-for-sale | $184.0M | $122.7M | $49.0M |
| Maturities, calls and paydowns of fixed maturity securities held-to-maturity | $4.4M | $6.0M | $11.4M |
| Proceeds from the sales of equity securities | $126.7M | $37.5M | $40.2M |
| Sales of and distributions from equity method and other long-term investments | $11.9M | $14.1M | $3.6M |
| Change in short-term investments | $10.6M | -$4.8M | -$149.1M |
| Change in receivable/payable for securities | $11.9M | $34.0K | $76.0K |
| Cash provided by deposit accounting | $3.3M | $4.0M | $11.9M |
| Net cash used in investment activities | -$366.9M | -$243.7M | -$493.8M |
| Employee share purchases | $0 | $0 | $1.4M |
| Repayment of stock notes receivable | $0 | $5.6M | $0 |
| Proceeds from long term borrowings | $43.4M | $107.0M | $50.0M |
| Payments on long term borrowings and trust preferred | -$43.0M | -$116.8M | -$50.0M |
| Proceeds from initial public offering | $0 | $0 | $129.6M |
| Net cash provided by (used in) financing activities | $411.0K | -$4.2M | $130.9M |
| Net increase (decrease) in cash and cash equivalents and restricted cash | $41.6M | $57.2M | -$24.7M |
| Cash paid for interest | $6.1M | $8.6M | $10.7M |
No quarter-by-quarter statement was filed.
Compare Skyward Specialty Insurance Group, Inc. with another company
Corporate structure
Skyward Specialty Insurance Group, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Skyward Specialty Insurance Group, Inc.
- PRICE T ROWE ASSOCIATES INC /MD/ Filed SCHEDULE 13G on Skyward Specialty Insurance Group, Inc., latest Aug 14, 2026
- Invesco Filed SCHEDULE 13G on Skyward Specialty Insurance Group, Inc., latest Aug 13, 2026
- Capital International Investors Filed SCHEDULE 13G/A on Skyward Specialty Insurance Group, Inc., latest May 14, 2026 (2 filings since Nov 13, 2024)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Skyward Specialty Insurance Group, Inc., latest Mar 27, 2026 (3 filings since Nov 4, 2024)
- REINHART PARTNERS, LLC. Filed SCHEDULE 13G on Skyward Specialty Insurance Group, Inc., latest Feb 12, 2026
- James Charles Hays Filed SC 13G on Skyward Specialty Insurance Group, Inc., latest Nov 12, 2024
- BlackRock Filed SC 13G/A on Skyward Specialty Insurance Group, Inc., latest Nov 8, 2024 (3 filings since Jan 29, 2024)
- WESTAIM Corp Filed SC 13G/A on Skyward Specialty Insurance Group, Inc., latest May 13, 2024 (2 filings since Feb 8, 2024)
- Skyward Specialty Insurance Group, Inc. Houston, Texas, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Skyward Specialty Insurance Group, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $32.3M5 Dec 31, 2025 | $29.4M5 Dec 31, 2024 | +10.1% |
| Property and equipment, net | $15.1M5 Dec 31, 2025 | $12.2M5 Dec 31, 2024 | +24.3% |
| Operating-lease assets (leased space) | $3.1M7 Dec 31, 2024 | $4.9M7 Dec 31, 2023 | −36.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $168.5M5 Dec 31, 2025 | $121.6M5 Dec 31, 2024 | +38.6% |
| Stakes in other companies (equity method) | $77.4M5 Dec 31, 2025 | $98.6M5 Dec 31, 2024 | −21.5% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $65.7M5 Dec 31, 2025 | $65.7M5 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $22.3M5 Dec 31, 2025 | $21.6M5 Dec 31, 2024 | +3.2% |
| Accumulated amortization | $19.0M5 Dec 31, 2024 | $17.9M5 Dec 31, 2023 | +6.1% |
Properties, in its own words
We lease our primary executive offices and insurance operations in Houston, Texas, and occupy approximately 20,400 square feet of office space. The lease for this space expires in 2029. We lease additional office space where appropriate. Management considers our office facilities suitable and adequate for our current levels of operations.
Item 2 of the 10-K filed Mar 2, 2026.4
Leadership
Who has led Skyward Specialty Insurance Group, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
2025
- Chief executive officerDavid Christopher Ben Ibeson Jan 5, 2026 to now12
- Chief executive officerAndrew S. Robinson Jan 12, 2023 to Jan 5, 202613
- ChairKirby Hill May 15, 2025 to now14
- ChairAndrew S. Robinson Feb 29, 2024 to May 15, 202515
- PresidentAndrew S. Robinson Jan 12, 2023 to Jan 3, 202413
- PresidentJohn A. Burkhart Iii. Jan 12, 2023 to now16
- PresidentKirby Hill Jan 12, 2023 to now17
- Chief financial officerTaryn Leonie McHarg Jan 5, 2026 to now18
- Chief financial officerMark W. Haushill Jan 12, 2023 to Jan 5, 202619
Board members and other officers (19)
- CUO - ApolloJames Richard Slaughter Jan 5, 2026 to now20
- SENIOR VICE PRESIDENTChase M. Clark Aug 9, 2024 to now21
- SVP CORP. DEVELOPMENTShakoor Khan Aug 9, 2024 to now22
- CHIEF INFORMATION OFFICERDan Pk Bodnar Jan 12, 2023 to now23
- EVP & CHIEF CLAIMS OFFICERSean W. Duffy Jan 12, 2023 to now24
- CHIEF PEOPLE & ADMIN. OFFICERThomas N. Schmitt Jan 12, 2023 to now25
- Board memberChristopher Locke Peirce Feb 2, 2026 to now26
- Board memberPeter C. Hearn Aug 7, 2026 to now27
- Board memberAndrew S. Robinson Jan 12, 2023 to Jan 3, 202413
- Board memberCameron Macdonald Jan 12, 2023 to Jan 12, 202328
- Board memberKatharine Terry Jan 12, 2023 to now29
- Board memberMarcia A. Dall Jan 12, 2023 to now30
- Board memberRobert E. Creager Jan 12, 2023 to now31
- Board memberRobert T. Kittel Jan 12, 2023 to Jan 12, 202332
- Board memberAnthony J. Kuczinski May 23, 2023 to now33
- Board memberGena L. Ashe Aug 16, 2023 to now34
- Board memberMichael J. Morrissey Dec 14, 2023 to now35
- General counselPatricia A. Ryan Apr 1, 2025 to now36
- General counselLeslie Shaunty Jan 12, 2023 to now37
Former names
Timeline
- Aug 20, 20268-K Executive or director change; Regulation FD disclosure38
- Aug 4, 20268-K Results of operations39
- Jul 15, 20268-K Other events40
- May 11, 20268-K Shareholder vote41
- May 6, 20268-K Results of operations42
- Mar 17, 20268-K Financial statements and exhibits43
- Feb 26, 20268-K Executive or director change44
- Feb 23, 20268-K Results of operations45
- Jan 6, 20268-K Entered a material agreement; Completed an acquisition or sale; New debt or obligation46
- Jan 5, 2026New chief executive David Christopher Ben Ibeson becomes CEO12
- Dec 3, 20258-K Regulation FD disclosure47
- Nov 18, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation48
- Nov 12, 20258-K Executive or director change; Regulation FD disclosure49
- Jan 12, 2023New chief executive Andrew S. Robinson becomes CEO13
- Jan 3, 2006Founded Skyward Specialty Insurance Group, Inc. is founded2
Calendar
Coming up
- Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $1.05 a share, on Oct 29, 2025.50
When it reported results
- Aug 4, 2026Reported quarterly or annual results39
- May 6, 2026Reported quarterly or annual results42
- Feb 23, 2026Reported quarterly or annual results45
- Oct 29, 2025Reported quarterly or annual results51
- Jul 30, 2025Reported quarterly or annual results52
- May 1, 2025Reported quarterly or annual results53
- Feb 25, 2025Reported quarterly or annual results54
- Feb 5, 2025Reported quarterly or annual results55
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
415 filings to the SEC since October 2021: 6 annual reports, 11 quarterly reports, 37 major events, 210 insider forms, 14 large holders, 137 other. The latest 20:
- Aug 20, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 13, 2026SCHEDULE 13G EDGAR
- Aug 7, 202610-Q EDGAR
- Aug 7, 20264 EDGAR
- Aug 7, 20263 EDGAR
- Aug 4, 20268-K EDGAR
- Jul 15, 20268-K EDGAR
- Jun 15, 20264 EDGAR
- Jun 12, 2026144/A EDGAR
- Jun 12, 2026144 EDGAR
- May 21, 20264 EDGAR
- May 14, 2026SCHEDULE 13G/A EDGAR
- May 12, 20264 EDGAR
- May 11, 2026144/A EDGAR
- May 11, 2026144 EDGAR
- May 11, 20268-K EDGAR
- May 11, 202610-Q EDGAR
- May 8, 20264 EDGAR
- May 8, 20264 EDGAR
The 415 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
76 open-market trades by officers, directors and large owners since October 2021: 9 buys and 67 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 12, 2026 | Schmitt Thomas NCPO, Skyward Group | Sale | 8,397 | $51.32 | $430.9K | Form 4 |
| May 21, 2026 | Kuczinski Anthony JDirector | Buy | 2,000 | $47.10 | $94.2K | Form 4 |
| May 11, 2026 | Ashe Gena LDirector | Sale | 740 | $46.35 | $34.3K | Form 4 |
| Mar 3, 2026 | Kuczinski Anthony JDirector | Buy | 1,000 | $48.13 | $48.1K | Form 4 |
| Mar 2, 2026 | Peirce Christopher LockeDirector | Buy | 3,200 | $47.30 | $151.4K | Form 4 |
| Mar 2, 2026 | Kuczinski Anthony JDirector | Buy | 2,000 | $48.79 | $97.6K | Form 4 |
| Feb 27, 2026 | McHarg Taryn LeonieCFO - Apollo | Buy | 200 | $46.60 | $9.3K | Form 4 |
| Feb 27, 2026 | Kuczinski Anthony JDirector | Buy | 2,000 | $46.88 | $93.8K | Form 4 |
| Feb 27, 2026 | Robinson Andrew SChairman & CEO, Skyward Group | Buy | 22,100 | $46.76 | $1.0M | Form 4 |
| Feb 9, 2026 | Schmitt Thomas NCPO, Skyward Group | Sale | 2,616 | $43.49 | $113.8K | Form 4 |
| Dec 18, 2025 | Kapadia Sandip AHead of Actuarial | Sale | 5,030 | $50.01 | $251.6K | Form 4 |
| Dec 12, 2025 | Kapadia Sandip AHead of Actuarial | Sale | 2,686 | $50.02 | $134.4K | Form 4 |
| Dec 11, 2025 | Schmitt Thomas NCPO, Skyward Group | Sale | 88 | $47.61 | $4.2K | Form 4 |
| Jun 16, 2025 | HAUSHILL MARK WCFO - Skyward Group | Sale | 10,566 | $59.07 | $624.1K | Form 4 |
| Jun 13, 2025 | HAUSHILL MARK WCFO - Skyward Group | Sale | 52,748 | $58.76 | $3.1M | Form 4 |
| Jun 6, 2025 | Robinson Andrew SChairman & CEO, Skyward Group | Sale | 36,271 | $62.65 | $2.3M | Form 4 |
| May 14, 2025 | Hill KirbyChairman, Captives & Programs | Sale | 8,249 | $60.87 | $502.1K | Form 4 |
| May 8, 2025 | HAUSHILL MARK WCFO - Skyward Group | Sale | 3,447 | $59.23 | $204.2K | Form 4 |
| May 8, 2025 | Robinson Andrew SChairman & CEO, Skyward Group | Sale | 13,786 | $59.23 | $816.5K | Form 4 |
| Mar 17, 2025 | Duffy Sean WEVP & Chief Claims Officer | Sale | 5,625 | $48.90 | $275.1K | Form 4 |
All 76 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- PRICE T ROWE ASSOCIATES INC /MD/SCHEDULE 13G, 1 filing Aug 14, 202656
- InvescoSCHEDULE 13G, 1 filing Aug 13, 202657
- Capital International InvestorsSCHEDULE 13G/A, 2 filings Nov 13, 2024 to May 14, 202658
- VANGUARD GROUP INCSCHEDULE 13G/A, 3 filings Nov 4, 2024 to Mar 27, 202659
- REINHART PARTNERS, LLC.SCHEDULE 13G, 1 filing Feb 12, 202660
- James Charles HaysSC 13G, 1 filing Nov 12, 202461
- BlackRockSC 13G/A, 3 filings Jan 29, 2024 to Nov 8, 202462
- WESTAIM CorpSC 13G/A, 2 filings Feb 8, 2024 to May 13, 202463
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Andrew Robinson | 60 | $975.0K | $5.5M64 |
| 2025 | John Burkhart | 57 | $500.0K | $1.8M64 |
| 2025 | Mark Haushill | 64 | $500.0K | $1.6M64 |
| 2025 | Patricia Ryan | 56 | $304.7K | $1.2M64 |
| 2025 | Sandip Kapadia | 45 | $429.2K | $1.1M64 |
| 2024 | Chairman and CEOSkyward Group | $900.0K | $4.6M64 | |
| 2024 | CFOSkyward Group | $487.5K | $1.4M64 | |
| 2024 | PresidentU.S. Property and Casualty, Skyward Specialty | $464.6K | $1.3M64 | |
| 2023 | Chairman and CEOSkyward Group | $800.0K | $8.6M64 | |
| 2023 | PresidentU.S. Property and Casualty, Skyward Specialty | $418.8K | $1.8M64 | |
| 2023 | CFOSkyward Group | $450.0K | $1.8M64 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 3,677,399 | $214.6M | 0.0% | +348,611 |
| Reinhart Partners, Llc. | 2,894,407 | $168.9M | 3.9% | +113,623 |
| Invesco Ltd. | 2,037,771 | $118.9M | 0.0% | +242,120 |
| Vanguard Capital Management LLC | 1,637,218 | $95.5M | 0.0% | −32,214 |
| Ameriprise Financial Inc | 1,612,263 | $94.1M | 0.0% | +1,387,119 |
| Westwood Holdings Group Inc | 1,274,445 | $74.4M | 0.6% | −54,904 |
| American Century Companies Inc | 1,231,835 | $71.9M | 0.0% | +256,808 |
| State Street Corp | 1,167,197 | $68.2M | 0.0% | +116,520 |
| Geode Capital Management, LLC | 1,062,442 | $62.0M | 0.0% | +64,147 |
| Polar Capital Holdings Plc | 1,000,000 | $58.4M | 0.2% | No change |
| Wasatch Advisors LP | 954,489 | $55.7M | 0.4% | +634,708 |
| Dimensional Fund Advisors LP | 918,168 | $53.6M | 0.0% | +63,379 |
| Capital International Investors | 719,988 | $42.0M | 0.0% | −111,390 |
| Champlain Investment Partners, LLC | 645,526 | $37.7M | 1.0% | −119,385 |
| Goldman Sachs Group Inc | 620,878 | $36.2M | 0.0% | +79,600 |
| Federated Hermes, Inc. | 484,996 | $28.3M | 0.0% | −162,077 |
| Sei Investments Co | 477,465 | $27.9M | 0.0% | +44,167 |
| Fmr LLC | 461,957 | $27.0M | 0.0% | +314,124 |
| Vanguard Portfolio Management LLC | 444,265 | $25.9M | 0.0% | −173,017 |
| Qube Research & Technologies Ltd | 440,268 | $25.7M | 0.0% | −431,604 |
| Royal Bank Of Canada | 432,941 | $25.3M | 0.0% | −71,917 |
| Northern Trust Corp | 400,661 | $23.4M | 0.0% | +4,937 |
| Jpmorgan Chase & Co | 361,132 | $21.9M | 0.0% | +316,869 |
| Emerald Advisers, LLC | 373,762 | $21.8M | 0.5% | −254,146 |
| Segall Bryant & Hamill, LLC | 372,336 | $21.7M | 0.3% | +6,449 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jul 16, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | +0.2% | Report |
| Jul 10, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | −0.7% | Report |
| Jan 5, 2026 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | +7.2% | Report |
| Oct 3, 2025 | Gilbert Ray Cisneros, Jr.Democratic, House | Buy | $1,001 - $15,000 | +14.9% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Skyward Specialty Insurance Group, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSkyward Specialty Insurance Group, Inc.1
- CIK0001519449
- Employer ID (EIN)14-19572884
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)6331 Fire, Marine & Casualty Insurance1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address800 Gessner, Suite 600, Houston, TX 770241
- Phone713-935-48881
- Shares outstanding44,396,493 as of Jul 31, 202610
- Public float$2.2B as of Jun 30, 20254
- AuditorErnst & Young LLP, Houston, Texas PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceMay 2, 20111
- Filings425 in all: 4 (178), 144 (69), 8-K (36), 3 (28), 10-Q (11), 144/A (10), SC 13G/A (8), CORRESP (7)1
All 37 form types
D (6), SC 13G (5), 10-K (4), ARS (4), DEF 14A (4), DEFA14A (4), DEFR14A (4), S-8 (4), UPLOAD (4), 424B4 (3), DRS (3), DRS/A (3), DRSLTR (3), EFFECT (3), S-1 (3), SCHEDULE 13G (3), 10-K/A (2), 4/A (2), 424B7 (2), S-1/A (2), SCHEDULE 13G/A (2), 3/A (1), 5 (1), 8-A12B (1), 8-A12B/A (1), 8-K/A (1), CERT (1), S-1MEF (1), S-3ASR (1)
- Latest filingsAnnual report (10-K) Mar 2, 2026
Quarterly report (10-Q) Aug 7, 2026
Proxy statement (DEF 14A) Mar 25, 2026
Latest 8-K (8-K) Aug 20, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.01 | SKWD | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Mar 2, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks Skyward Specialty Insurance Group, Inc. names in Item 1A of its 10-K filed Mar 2, 2026: 44 risks under these headings, as written.4
- Risks Related to Our Business and Industry
- Our financial condition and results of operations could be materially adversely affected if we do not accurately assess our underwriting risk.
- Competition for business in our industry is intense.
- Because our business depends on insurance retail agents, brokers, wholesalers and program administrators, we are exposed to certain risks arising out of our reliance on these distribution channels that could adversely affect our results.
- We may be unable to purchase third-party reinsurance in amounts we desire on commercially acceptable terms or on terms that adequately protect us, and this inability may materially adversely affect our business, financial condition and results of operations.
- Our losses and loss expense reserves may be inadequate to cover our actual losses, which could have a material adverse effect on our financial condition, results of operations and cash flows.
- A decline in our financial strength rating may adversely affect the amount of business we write.
- Unexpected changes in the interpretation of our coverage or provisions, including loss limitations and exclusions, in our policies could have a material adverse effect on our financial condition and results of operations.
- Our reinsurers may not reimburse us for claims on a timely basis, or at all, which may materially adversely affect our business, financial condition and results of operations.
- Our failure to accurately and timely pay claims could materially and adversely affect our business, financial condition, results of operations, and prospects.
- Severe weather conditions, including the effects of climate change, catastrophes, pandemic, as well as man-made events may adversely affect our business, results of operations and financial condition.
- Because we provide our program administrators with specific quoting and binding authority, if any of them fail to comply with pre-established guidelines, our results of operations could be adversely affected.
The other 33 risks
- If actual renewals of our existing contracts or new business from repeat insureds do not meet expectations, our written premium in future years and our future results of operations could be materially adversely affected.
- Increased public attention to environmental, social and governance matters may expose us to negative public perception, cause reputational harm, impose additional costs on our business or impact our stock price.
- Changes in accounting practices and future pronouncements may materially affect our reported financial results.
- Our use of derivatives to mitigate exposure to market price volatility may subject us to risks such as hedge ineffectiveness, basis risk, collateral and margin call liquidity pressures, and valuation uncertainty inherent in futures and options markets, any of which could adversely affect our financial condition.
- Risks Related to the Market and Economic Conditions
- Adverse economic factors, including recession, inflation, periods of high unemployment or lower economic activity could result in the sale of fewer policies than expected or an increase in the frequency of claims and premium defaults, and even the falsification of claims, or a combination of these effects, which, in turn, could affect our growth and profitability.
- The insurance business is historically cyclical in nature, which may affect our financial performance and cause our operating results to vary from quarter to quarter and may not be indicative of future performance.
- Performance of our investment portfolio is subject to a variety of investment risks that may adversely affect our financial results.
- We could be forced to sell investments to meet our liquidity requirements.
- Risks Related to the Regulatory Environment
- We are subject to extensive regulation, which may adversely affect our ability to achieve our business objectives. In addition, if we fail to comply with these regulations, we may be subject to penalties, including fines and suspensions, which may adversely affect our financial condition and results of operations.
- We may become subject to additional government or market regulation, which may have a material adverse impact on our business.
- Changes to the U.S. tax laws and implementation of new tax policies could have a significant negative impact on the overall economy and our business.
- Our ability to utilize our net operating loss carryforwards and certain other tax attributes may be limited.
- Because we are a holding company and substantially all of our operations are conducted by our insurance subsidiaries, our ability to achieve liquidity at the holding company, including the ability to pay dividends and service our debt obligations, depends on our ability to obtain cash dividends or other permitted payments from our insurance subsidiaries.
- Applicable insurance laws may make it difficult to effect a change of control.
- Risks Related to Our Liquidity and Access to Capital
- We may require additional capital in the future, which may not be available or may only be available on unfavorable terms.
- The availability of credit under the Revolving Credit Facility is subject to conditions that may limit our access.
- The failure to meet certain financial covenants required by our credit agreements may materially and adversely affect our assets, financial position, and cash flows.
- Risks Related to Our Operations
- We could be adversely affected by the loss of one or more key personnel or by an inability to attract and retain qualified personnel.
- Security breaches, loss of data, cyberattacks, and other information technology failures could disrupt our operations, damage our reputation, and adversely affect our business, operations, and financial results.
- Artificial intelligence is an evolving and rapidly growing technology which may impact our business and operations.
- We may not be able to manage our growth effectively.
- We have experienced rapid growth in recent years, and our recent growth rates may not be indicative of our future growth.
- The acquisition and integration of Apollo may adversely affect our business, financial condition and results of operations.
- The effects of litigation on our business are uncertain and could have an adverse effect on our business.
- Loss of key vendor relationships or failure of a vendor to protect our data, confidential and proprietary information could affect our operations.
- We may fail or be unable to protect our intellectual property rights for our proprietary technology platform and brand, or we may be sued by third parties for alleged infringement of their proprietary rights.
- Risks Related to Ownership of Our Common Stock
- We have and expect to continue to incur increased costs as a result of operating as a public company, and our management devotes substantial time to compliance initiatives. We are subject to financial reporting and other requirements for which our accounting and other management systems and resources may not be adequately prepared.
- We are required by Section 404 of the Sarbanes‑Oxley Act to evaluate the effectiveness of our internal control over financial reporting. If we are unable to achieve and maintain effective internal controls, our operating results and financial condition could be harmed and the market price of our common stock may be negatively affected.
- We had identified a material weakness in our internal control over information technology general controls (“ITGCs”) as of December 31, 2024, which was remediated as of December 31, 2025. If we fail to maintain an effective system of internal controls, the market price of our common stock could be adversely affected.
- Our operating results and stock price may be volatile, or may decline regardless of our operating performance, and you could lose all or part of your investment.
- We may change our underwriting guidelines or our strategy without stockholder approval.
- Anti-takeover provisions in our organizational documents could prevent or delay a change of control that is beneficial to shareholders and limit our share price.
- Our certificate of incorporation and bylaws provide that the Court of Chancery of the State of Delaware will be the exclusive forum for substantially all disputes between us and our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or our directors, officers or employees.
Legal proceedings
We are party to legal proceedings which arise in the ordinary course of business. We believe that the outcome of such matters, individually and in the aggregate, will not have a material adverse effect on our consolidated financial position.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARKirby Hill, Chair
- 15SEC EDGARAndrew S. Robinson, Chair
- 16SEC EDGARJohn A. Burkhart Iii., President
- 17SEC EDGARKirby Hill, President
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- 22SEC EDGARShakoor Khan, SVP CORP. DEVELOPMENT
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- 27SEC EDGARPeter C. Hearn, Board member
- 28SEC EDGARCameron Macdonald, Board member
- 29SEC EDGARKatharine Terry, Board member
- 30SEC EDGARMarcia A. Dall, Board member
- 31SEC EDGARRobert E. Creager, Board member
- 32SEC EDGARRobert T. Kittel, Board member
- 33SEC EDGARAnthony J. Kuczinski, Board member
- 34SEC EDGARGena L. Ashe, Board member
- 35SEC EDGARMichael J. Morrissey, Board member
- 36SEC EDGARPatricia A. Ryan, General counsel
- 37SEC EDGARLeslie Shaunty, General counsel
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- 39SEC EDGARResults of operations
- 40SEC EDGAROther events
- 41SEC EDGARShareholder vote
- 42SEC EDGARResults of operations
- 43SEC EDGARFinancial statements and exhibits
- 44SEC EDGARExecutive or director change
- 45SEC EDGARResults of operations
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- 47SEC EDGARRegulation FD disclosure
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- 50NasdaqNasdaq calendar
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