secwatch.observer — SEC 8-K summary
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Issuer:     Skyward Specialty Insurance Group, Inc. (SKWD)
CIK:        0001519449
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001519449-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 1.02, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skyward Specialty commutes LPT, reports preliminary Q4 GWP up 21%, net income $14.4M; provides 2025 guidance
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- Commuted LPT with R&Q Re, received $11.7M cash; strengthened reserves $25.3M, recognized $9.8M uncollectible reinsurance recoverable (net of tax).
- Preliminary Q4 2024: gross written premiums $388.4M (+20.8% YoY), adjusted combined ratio 91.6% (incl. 2.2 pts catastrophe).
- Q4 net investment income $20.7M; net income $14.4M; adjusted operating income $33.2M.
- 2025 guidance: net income $138M-$150M, combined ratio 91%-92% (incl. 2.0-2.5 pts catastrophe).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519449/000151944925000003/0001519449-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519449/000151944925000003/skwd-20250205.htm
  HTML page:      https://secwatch.observer/filing/0001519449-25-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer