Insurer Skyward Specialty's Q2 net income rises

Skyward Specialty Insurance

30/07/2025 21:07

Overview

Skyward Specialty Q2 net income rises to $38.8 mln, or $0.93 per share

Gross written premiums increase 17.9% yr/yr, driven by key divisions

Company achieves a combined ratio of 89.4%, reflecting strong underwriting

Result Drivers

PREMIUM GROWTH - Double-digit premium growth from agriculture, credit (re)insurance, specialty programs, accident & health, and captives divisions

UNDERWRITING PROFITABILITY - Improved combined ratio attributed to specialized underwriting and claims capabilities

MARKET DIVERSITY - Portfolio diversity and capital deployment to attractive markets helped manage volatility

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Gross written premiums
$584.90 mln
Q2 EPS
$0.93
Q2 Net Income
$38.80 mln
Q2 Adjusted Operating Income
$37.10 mln
Q2 Combined Ratio
89.4%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for Skyward Specialty Insurance Group Inc is $65.00, about 21.7% above its July 29 closing price of $50.91

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNXbB9qbf

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)