| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Fixed maturity securities, available-for-sale, at fair value (net of allowance for credit losses of 7,000 and 0, respectively) (amortized cost of 1,800,068 and 1,320,266, respectively) | 1,805,218 | 1,629,464 | ||
| Fixed maturity securities, held-to-maturity, at amortized cost (net of allowance for credit losses of 236 and 243, respectively) | 34,568 | 35,253 | ||
| Equity securities, at fair value | 1,182 | 58,001 | ||
| Mortgage loans, at fair value | 9,998 | 10,168 | ||
| Equity method investments | 85,368 | 88,804 | ||
| Other long-term investments | 50,078 | 44,479 | ||
| Short-term investments, at fair value | 247,376 | 214,338 | ||
| Total investments | 2,233,788 | 2,080,507 | ||
| Cash and cash equivalents | 160,068 | 136,617 | ||
| Restricted cash | 38,197 | 36,547 | ||
| Premiums receivable, net | 583,148 | 518,441 | ||
| Reinsurance recoverables, net | 923,406 | 925,291 | ||
| Ceded unearned premium | 276,354 | 294,124 | ||
| Deferred policy acquisition costs | 144,932 | 140,903 | ||
| Deferred income taxes | 28,022 | 28,727 | ||
| Goodwill and intangible assets, net | 88,417 | 88,795 | ||
| Other assets | 117,714 | 86,440 | ||
| Total assets | 4,594,046 | 4,336,392 | ||
| Reserves for losses and loss adjustment expenses | 2,061,774 | 1,918,753 | ||
| Unearned premiums | 885,669 | 814,063 | ||
| Deferred ceding commission | 50,995 | 54,952 | ||
| Reinsurance and premium payables | 276,750 | 299,481 | ||
| Funds held for others | 123,304 | 127,377 | ||
| Accounts payable and accrued liabilities | 114,570 | 102,298 | ||
| Notes payable | 100,000 | 100,000 | ||
| Subordinated debt, net of debt issuance costs | 19,561 | 19,553 | ||
| Total liabilities | 3,632,623 | 3,436,477 | ||
| Common stock, 0.01 par value, 500,000,000 shares authorized, 40,487,365 and 40,127,908 shares issued and outstanding, respectively | 405 | 405 | ||
| Additional paid-in capital | 727,561 | 724,159 | ||
| Accumulated other comprehensive income (loss) | 9,539 | -2,666 | ||
| Retained earnings | 223,918 | 178,017 | ||
| Total stockholders equity | 961,423 | 899,915 | ||
| Total liabilities and stockholders equity | 4,594,046 | 4,336,392 | ||
Skyward Specialty Insurance Group, Inc. (SKWD)
Skyward Specialty Insurance Group, Inc. (SKWD)