Skyward Specialty Q1 net income $15.6M ($0.42/sh); gross written premiums +27.5%

Skyward Specialty Insurance Group, Inc.

2023-Q1 EPS reported $0.42 revenue$189,930,000

Net income $15.6M, $0.42 diluted EPS; adjusted operating income $15.5M, $0.42 diluted EPS.
Gross written premiums increased 27.5% year-over-year.
Underwriting income $17.8M vs $11.4M in Q1 2022; combined ratio improved to 90.2% from 91.9%.
Current accident year non-cat loss and LAE ratio improved to 61.1% from 63.5%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Skyward Specialty Insurance Group, Inc. reported the quarter and fiscal period ended March 31, 2023 results: net income $15.6 million, EPS $0.42 per diluted share.

Period: the quarter and fiscal period ended March 31, 2023
Net income: $15.6 million
EPS: $0.42 per diluted share
Result: reported results

Exact text from the filing

Skyward Specialty Insurance Group, Inc. (the “Company”) issued a press release announcing the results of the Company’s operations for the quarter and fiscal period ended March 31, 2023.

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Source: SEC EDGAR

accession 0001519449-23-000019

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