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Skyward Specialty Insurance Group, Inc. SKWD Multi-line Solutions — Cumulative net paid loss and LAE

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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$2.58B+30.4%
P/E13.7×-1.3×
P/S1.5×-0.1×

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:ShortdurationInsuranceContractsCumulativePaidClaimsAndAllocatedClaimAdjustmentExpenseNet.

The source filing: Skyward Specialty Insurance Group, Inc.’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 5:14 PM EST
Fiscal year
FY2025
Accession
0001519449-26-000015
($ in thousands except number of claims) / Incurred Losses and ALAE, Net of Reinsurance ($ in thousands) / Accident YearIncurred Losses and ALAE, Net of Reinsurance ($ in thousands) / Years Ended December 31,As of December 31, 2025 / Reported Claims
2023320,6378,468
2024336,1977,700
2025356,5906,139
Total$1,902,472
Cumulative net paid loss and ALAE from the table below(1,162,853)
Net reserves for loss and ALAE before 2016(189)
Total net reserves for loss and ALAE$739,430
*Supplementary information and unaudited

Item 8. Financial Statements and Supplementary Data

FAQ

What is Skyward Specialty Insurance Group, Inc.'s multi-line solutions — cumulative net paid loss and LAE?
Skyward Specialty Insurance Group, Inc. (SKWD) reported multi-line solutions — cumulative net paid loss and LAE of $1.16B in Q4 2025.
How has Skyward Specialty Insurance Group, Inc.'s multi-line solutions — cumulative net paid loss and LAE changed year-over-year?
Skyward Specialty Insurance Group, Inc.'s multi-line solutions — cumulative net paid loss and LAE increased by 601.1% year-over-year, from $165.85M to $1.16B.
What does multi-line solutions — cumulative net paid loss and LAE mean?
This represents the total cash outflows for claims and loss adjustment expenses paid by the company, net of any reinsurance recoveries, for the Multi-line Solutions segment. It measures the actual liquidity impact of claims settlements over time.

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