Bowhead Specialty Q2 gross written premiums up 50.4% to $175.5M, net income $5.5M

Bowhead Specialty Holdings Inc.

2024-Q2 EPS reported $0.48 revenue$189,569,000

Gross written premiums grew 50.4% YoY to $175.5 million in Q2 2024.
Net income of $5.5M ($0.20 diluted EPS); adjusted net income $7.9M ($0.28 diluted EPS).
Return on equity 8.2%, adjusted ROE 11.7% for the quarter.
Upsized IPO in May 2024 closed, raising $131M net from 8.66M shares at $17.00.
Company focuses on casualty, professional liability, and healthcare liability products.

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