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Skyward Specialty Insurance Group, Inc. SKWD Skyward Specialty Segment — Underwriting Expense

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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-8.8%

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 skwd:UnderwritingExpense.

The official record: Skyward Specialty Insurance Group, Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Skyward Specialty Insurance Group, Inc.'s skyward specialty segment — underwriting expense?
Skyward Specialty Insurance Group, Inc. (SKWD) reported skyward specialty segment — underwriting expense of $325.19M in Q1 2026.
What does skyward specialty segment — underwriting expense mean?
This metric measures the total expenses directly attributable to the underwriting process within the specialty insurance segment, including policy acquisition costs, administrative expenses, and general overhead. It is a critical component in calculating the combined ratio and assessing the operational efficiency of the segment's insurance operations. Lower expenses relative to premiums earned indicate superior cost management and underwriting discipline.