Skyward Group Reports Second Quarter 2026 Results

HOUSTON, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Group” or the “Company”) today reported second quarter 2026 results.

Summary Financial Data ($ in thousands, except per share amounts)Three months ended June 30,Six months ended June 30, unaudited20262025 ((1))20262025 ((1)) Managed Premiums$ 1,058,675$ 900,849$ 2,026,384$ 1,710,234 Gross written premiums ((2))$ 740,554$ 653,861$ 1,408,258$ 1,248,431 Fee generating gross written premiums ((2))$ 318,121$ 246,988$ 618,126$ 461,803 Net written premiums$ 485,616$ 339,213$ 918,499$ 682,484 Net income$ 49,038$ 38,839$ 98,769$ 80,897 Net operating income ((3))$ 59,198$ 37,496$ 116,091$ 75,233 Basic earnings per share$ 1.10$ 0.96$ 2.22$ 2.01 Diluted operating earnings per share$ 1.30$ 0.89$ 2.55$ 1.78 Annualized ROE ((4))15.7 %17.7 %17.3 %19.1 % Annualized operating ROE ((5))19.0 %17.1 %20.4 %17.8 % ((1) )Select second quarter 2025 metrics for the Skyward Group and Apollo are presented on a pro forma basis for comparative purposes only and are not necessarily indicative of the operating results that Skyward Group would have recognized had the acquisition actually been completed on January 1, 2025. Pro forma information is unaudited ((2))Prior year pro forma gross written premiums are adjusted for the impact of the change in participations. See “Reconciliation of Non-GAAP Financial Measures”. ((3))See “Reconciliation of Non-GAAP Financial Measures” ((4) )Annualized ROE is net income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period. ((5))Annualized operating ROE is operating income expressed on an annualized basis as a percentage of average beginning and ending stockholders' equity during the period.