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Skyward Specialty Insurance Group, Inc. SKWD Exited Lines — Ceded unpaid losses and LAE

Similar metrics at other companies

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KMPRHomeowners — Reinsurance Recoverables on Unpaid Losses and Allocated LAE
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KMPROther — Reinsurance Recoverables on Unpaid Losses and Allocated LAE
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$39.1M+15.0%

Other financials

Income statement

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Revenue$475.9M+44.8%
Net income$49.7M+18.2%
EPS (diluted)$1.09+7.9%

Balance sheet

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Cash & equivalents$316.4M+106%
Total debt$3.2M-38.5%
Total equity$1.2B+44.0%
Total assets$6.5B+62.4%

Cash flow

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Operating cash flow$116.5M+20.4%
CapEx$1.7M+58.6%
Free cash flow$50.1M+140%

Valuation

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Market cap$2.21B-3.0%
P/E12.4×-5.9×
P/S1.4×-0.5×

Profitability

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Net margin11.4%+1.1pp
FCF margin28.4%+2.3pp

Returns & leverage

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Return on equity17.1%+1.0pp
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:ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments.

The official record: Skyward Specialty Insurance Group, Inc.’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Skyward Specialty Insurance Group, Inc.'s exited lines — ceded unpaid losses and LAE?
Skyward Specialty Insurance Group, Inc. (SKWD) reported exited lines — ceded unpaid losses and LAE of $18.5M in Q4 2025.
What does exited lines — ceded unpaid losses and LAE mean?
Represents the portion of unpaid losses and loss adjustment expenses for exited lines that is recoverable from reinsurers. This metric highlights the extent to which the company has transferred its legacy underwriting risk to third-party partners. It is a key component in assessing the net exposure and credit risk associated with the runoff portfolio.