secwatch.observer — SEC 8-K summary
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Issuer:     Skyward Specialty Insurance Group, Inc. (SKWD)
CIK:        0001519449
Form:       8-K
Filed at:   2025-12-03T23:59:59+00:00
Accession:  0001519449-25-000069
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519449/000151944925000069/0001519449-25-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519449/000151944925000069/skwd-20251203.htm
  HTML page:      https://secwatch.observer/filing/0001519449-25-000069

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