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Skyward Specialty Insurance Group, Inc. SKWD Apollo Segment — Losses and loss adjustment expenses

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Skyward Specialty Segment
$236.97M

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Other financials

Income statement

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Revenue$489.5M+53.0%
Net income$49.0M+26.3%
EPS (diluted)$1.07+15.1%

Balance sheet

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Cash & equivalents$302.5M+74.7%
Total debt$3.2M-38.5%
Total equity$1.3B+40.9%
Total assets$6.8B+56.4%

Cash flow

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Operating cash flow$67.6M-23.3%
CapEx$1.7M+58.6%
Free cash flow$50.1M+140%

Valuation

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Market cap$2.66B+37.1%
P/E14.2×-0.5×
P/S1.5×0.0×

Profitability

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Net margin10.8%+0.3pp
FCF margin28.4%+2.3pp

Returns & leverage

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Return on equity17.3%+1.1pp
Debt / equity0.0×

Where this comes from

Reported directly by Skyward Specialty Insurance Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The source filing: Skyward Specialty Insurance Group, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001519449-26-000054
($ in thousands, except share and per share amounts)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Other income1372820
Total revenues489,533319,903965,400648,430
Expenses:
Losses and loss adjustment expenses276,741181,262541,964368,571
Underwriting, acquisition and insurance expenses123,28185,596247,895172,147
Fee‑based service expenses4,5628,732
Interest expense8,8121,87616,5313,710
Amortization expense8,84337217,686709

Item 1. Financial Statements

FAQ

What is Skyward Specialty Insurance Group, Inc.'s apollo segment — losses and loss adjustment expenses?
Skyward Specialty Insurance Group, Inc. (SKWD) reported apollo segment — losses and loss adjustment expenses of $39.77M in Q2 2026.
What does apollo segment — losses and loss adjustment expenses mean?
The total costs incurred by the Apollo segment for claims payments and the administrative expenses associated with investigating and settling those claims. This metric represents the primary cost of risk for the segment. Monitoring this helps assess the adequacy of pricing and the effectiveness of claims management.

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