Skyward Specialty Insurance
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Dairy and livestock products within the agricultural unit were main growth drivers in Q3. -
The Insurance Insider US news team runs you through the earnings results for the day.
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The executive joins from MSIG USA.
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Andrew Robinson returns to Lloyd’s after his previous involvement via The Hanover’s Chaucer deal.
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Apollo executives David Ibeson and James Slaughter are committed to the future as a combined entity.
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The US specialty carrier announced Tuesday that it was buying the Lloyd's business for $555mn.
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In June, this publication revealed that Apollo had appointed Evercore and Howden to run a process.
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In liability, the carrier is steering away from where inflation has been volatile.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The acquisition follows a strategic partnership the two struck last August.
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The latest E&S player planning to IPO remains a “show me” story.
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The former leader, Kirby Hill, will assume the role of chairman, captives and specialty programs.
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The CEO spoke after Chubb chief executive Evan Greenberg’s call to action at RIMS.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Sills’ background, a strong backing, and laser-sharp E&S focus make Bowhead stand out.
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The unfunded commitment related to the investment was $24.4mn in 2024.
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Approximately 12% to 13% of Skyward’s premium was in commercial auto in Q4.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The specialty carrier expects to report a 91.6% Q4 CoR and GWP growth of 20.8% to $388.4mn.
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In the quarter, the company reported a CoR of 92.3%, up two points YOY.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Westaim reported roughly $79mn in net proceeds from the sale.
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The executive noted that limits on sourcing funds alone won’t have a material effect.
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The Insurance Insider US news team runs you through the earnings results for the day.
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A quick round-up of today’s need-to-know news, including Ryan Specialty and Skyward Specialty.
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In an interview with Insurance Insider US, Robinson spoke about life after the IPO, talent, litigation financing and cat.
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His experience includes HPR engineering, facultative reinsurance and E&S underwriting.
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The specialty insurer reported 27.2% Q1 top-line growth and a lower CoR of 89.6%.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The firm’s Q4 GWP grew over 21% fueled by surety, transactional E&S and captives.
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The Insurance Insider US news team runs you through the earnings results for the day.
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It is understood that the cyber InsurTech has ~$100mn of excess delegated authority capacity and around 20 backers.
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Intact Insurance’s Regina Williams and Sandi McIntosh joined the new team in December.
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The Aspen IPO provides an opportunity to benefit from the specialty market without commensurate prior-year reserve risks due to an LPT cover.
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Over a 40-year career, the executive has held numerous high-level positions in the insurance and investment industries.
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In addition, Westaim COO Robert Kittel also resigned from Skyward’s board while Tony Kuczinski was named lead independent director.
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The offering sold 3.6mn shares priced at $30.50 apiece and brought in approximately $104.9mn.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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With the fundraising, Skyward will capitalize on market opportunities within existing lines of business, but also continue to expand into new products.
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CEO Robinson said Skyward continues to see “strong submission activity” as business flow rose over 20% year-on-year.
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The Inside P&C news team runs you through the earnings results for the day.
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The carrier has appointed Scott Bailey as vice president of field operations for contract surety, among seven recent hires.
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The alternative energy warranty captive solutions will be available throughout the United States and Canada.
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The upgrade follows a period of underwriting volatility, with management instituting several initiatives to refine underwriting focus and risk selections as a specialty lines writer.
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Skyward saw 15%-20% risk-adjusted rate increases during its property cat renewals as its attachment point rose to $12mn from $10mn the year before.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Inside P&C news team runs you through the earnings results for the day.
