---
schema_version: "secwatch.filing_event.v1"
accession: "0001519449-25-000069"
form_type: "8-K"
ticker: "SKWD"
cik: "0001519449"
company_name: "Skyward Specialty Insurance Group, Inc."
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:10:28.784493+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Skyward Specialty gets regulatory and minority approval for Apollo acquisition, issues 2026 guidance

## Summary
- Received regulatory and minority shareholder approvals for Apollo Group acquisition; closing expected early Q1 2026.
- Guides 2026 GWP $2.65B-$2.8B, net retention ~65%, combined ratio 90.5%-91.5% (incl. 2-2.5 pts cat).
- Guides 2026 net income $207M-$216M ($4.50-$4.70 diluted EPS); adjusted operating income $221M-$230M ($4.80-$5.00 diluted EPS).
- Syndicate management service fee income guided $30M-$35M; commission and fee income $5M-$8M.
- Company intends to provide fiscal-year guidance in Q1 going forward, consistent with historical practice.

## SEC filing metadata
- accession: 0001519449-25-000069
- form_type: 8-K
- ticker: SKWD
- cik: 0001519449
- company_name: Skyward Specialty Insurance Group, Inc.
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519449/000151944925000069/0001519449-25-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519449/000151944925000069/skwd-20251203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001519449-25-000069
- JSON: https://secwatch.observer/filing/0001519449-25-000069.json
- Plain text: https://secwatch.observer/filing/0001519449-25-000069.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.