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AIGU.S. Financial Lines — Year 8 (as a percent)
5.5%-0.7pp
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SIGICasualty lines — Short-duration insurance contracts, historical claims duration, year eight
7.8%-0.3pp
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AXSInsurance — Year 8
6.8%
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RGALife Insurance Product Line — Short-duration Insurance Contracts, Historical Claims Duration, Year Eight
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AIGU.S. Financial Lines — Year 9 (as a percent)
2.3%-1.7pp
Hamilton Insurance Group, Ltd. logo
HGCasualty Lines — Prior years
-$300K-115%

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-4.8%
P/E12.4×-6.3×
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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearEight.

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 — year 8?
Skyward Specialty Insurance Group, Inc. (SKWD) reported exited lines — year 8 of 2.9% in Q4 2025.
What does exited lines — year 8 mean?
Represents the financial impact of insurance claims and loss adjustment expenses for business lines discontinued eight years prior to the reporting period. This metric monitors the residual claims activity and reserve changes for mature, inactive insurance segments. It allows stakeholders to evaluate the long-term financial impact of legacy underwriting decisions on current capital requirements.