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Skyward Specialty Insurance Group, Inc. SKWD Exited Lines — Cumulative net paid loss and LAE

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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:ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet.

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 — cumulative net paid loss and LAE?
Skyward Specialty Insurance Group, Inc. (SKWD) reported exited lines — cumulative net paid loss and LAE of $538.3M in Q4 2025.
How has Skyward Specialty Insurance Group, Inc.'s exited lines — cumulative net paid loss and LAE changed year-over-year?
Skyward Specialty Insurance Group, Inc.'s exited lines — cumulative net paid loss and LAE increased by 345.5% year-over-year, from $120.83M to $538.3M.
What does exited lines — cumulative net paid loss and LAE mean?
The total amount of cash paid out for losses and loss adjustment expenses, net of reinsurance, for all claims associated with exited business lines since inception. This metric represents the actual settlement of liabilities and serves as a benchmark for the progress of the runoff process. It provides a clear view of the capital outflow required to resolve legacy obligations.