For the quarter ending 2025-09-30, SKWD has $4,594,046K in assets. $3,632,623K in debts. $160,068K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2024-12-31 | |
|---|---|---|---|---|
| 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 | 1,292,218 | |
| Fixed maturity securities, held-to-maturity, at amortized cost (net of allowance for credit losses of 236 and 243, respectively) | 34,568 | 35,253 | 39,153 | |
| Equity securities, at fair value | 1,182 | 58,001 | 106,254 | |
| Mortgage loans, at fair value | 9,998 | 10,168 | 26,490 | |
| Equity method investments | 85,368 | 88,804 | 98,594 | |
| Other long-term investments | 50,078 | 44,479 | 33,182 | |
| Short-term investments, at fair value | 247,376 | 214,338 | 274,929 | |
| Total investments | 2,233,788 | 2,080,507 | 1,870,820 | |
| Cash and cash equivalents | 160,068 | 136,617 | 121,603 | |
| Restricted cash | 38,197 | 36,547 | 35,922 | |
| Premiums receivable, net | 583,148 | 518,441 | 321,641 | |
| Reinsurance recoverables, net | 923,406 | 925,291 | 857,876 | |
| Ceded unearned premium | 276,354 | 294,124 | 203,901 | |
| Deferred policy acquisition costs | 144,932 | 140,903 | 113,183 | |
| Deferred income taxes | 28,022 | 28,727 | 30,486 | |
| Goodwill and intangible assets, net | 88,417 | 88,795 | 87,348 | |
| Other assets | 117,714 | 86,440 | 86,698 | |
| Total assets | 4,594,046 | 4,336,392 | 3,729,478 | |
| Reserves for losses and loss adjustment expenses | 2,061,774 | 1,918,753 | 1,782,383 | |
| Unearned premiums | 885,669 | 814,063 | 637,185 | |
| Deferred ceding commission | 50,995 | 54,952 | 40,434 | |
| Reinsurance and premium payables | 276,750 | 299,481 | 177,070 | |
| Funds held for others | 123,304 | 127,377 | 102,665 | |
| Accounts payable and accrued liabilities | 114,570 | 102,298 | 76,206 | |
| Notes payable | 100,000 | 100,000 | 100,000 | |
| Subordinated debt, net of debt issuance costs | 19,561 | 19,553 | 19,536 | |
| Total liabilities | 3,632,623 | 3,436,477 | 2,935,479 | |
| 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 | 401 | |
| Additional paid-in capital | 727,561 | 724,159 | 718,598 | |
| Stock notes receivable | - | - | 0 | |
| Accumulated other comprehensive income (loss) | 9,539 | -2,666 | -22,120 | |
| Retained earnings | 223,918 | 178,017 | 97,120 | |
| Total stockholders equity | 961,423 | 899,915 | 793,999 | |
| Total liabilities and stockholders equity | 4,594,046 | 4,336,392 | 3,729,478 | |
Skyward Specialty Insurance Group, Inc. (SKWD)
Skyward Specialty Insurance Group, Inc. (SKWD)