Associated tags: Insurance, P&C
Locations: EUROPE, NORTH AMERICA, TM, KIDDER, ASIA, MO, HOUSTON, TX, US, UNITED STATES
4th floor,
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Keefe, Bruyette & Woods,
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Security (finance),
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Attention,
Telephone HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50.
Key Points:
- HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50.
- In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock.
- The Selling Stockholder will hold 4.80% and 6.45% in Skyward Specialty, assuming full and no exercise of the underwriters’ option to purchase the additional shares, respectively.
- Barclays, Keefe, Bruyette & Woods, Inc., A Stifel Company, and Jefferies are acting as joint lead book-running managers for the proposed offering.
4th floor,
Sale,
Prospectus,
Keefe, Bruyette & Woods,
Broadridge Financial Solutions,
Security (finance),
Jefferies,
Barclays,
Form S-3,
Madison Avenue,
Form,
Exercise,
Jefferies Group,
Equity capital markets,
Attention,
Telephone HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced that The Westaim Corporation (“Westaim”), through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) is offering 4,400,000 shares of the Company’s common stock in an underwritten secondary public offering.
Key Points:
- HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced that The Westaim Corporation (“Westaim”), through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) is offering 4,400,000 shares of the Company’s common stock in an underwritten secondary public offering.
- In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 660,000 shares of Skyward Specialty's common stock.
- The Selling Stockholder will be a 4.80% and 6.45% shareholder in Skyward Specialty, assuming full and no exercise of the underwriters’ option to purchase the additional shares, respectively.
- Skyward Specialty will not receive any of the proceeds from the sale of the shares of its common stock offered by the Selling Stockholder, and the Selling Stockholder will bear the underwriting discounts and commissions associated with the sale of such shares.
HOUSTON, April 08, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its first quarter 2024 earnings results after the market closes on Wednesday, May 1, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.
Key Points:
- HOUSTON, April 08, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its first quarter 2024 earnings results after the market closes on Wednesday, May 1, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.
- Skyward Specialty will host its earnings call to review first quarter 2024 financial results on Thursday, May 2, at 9 a.m. CST.
- Investors may access the live audio webcast via the link on the Company’s investor site at investors.skywardinsurance.com/ under Events & Presentations.
- A webcast replay will be available two hours following the call in the same location on the Company’s investor website.
HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty") a leader in the specialty property and casualty market, and New Heights Insurance Solutions (“New Heights”), a division of Specialty Program Group LLC, announced a strategic partnership to expand crane and millwright capabilities for both companies.
Key Points:
- HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty") a leader in the specialty property and casualty market, and New Heights Insurance Solutions (“New Heights”), a division of Specialty Program Group LLC, announced a strategic partnership to expand crane and millwright capabilities for both companies.
- Through this partnership, New Heights will be Skyward Specialty’s lead program administrator for all small sized crane and millwright accounts.
- Additionally, both New Heights and Skyward Specialty will continue to write medium to large crane and millwright business.
- Both Skyward Specialty and New Heights are longtime members of Specialized Carriers & Rigging Association (“SCRA”), dedicated to understanding member needs and helping the industry be successful through cutting edge risk management solutions.
About Skyward SpecialtySkyward Specialty (NASDAQ: SKWD) is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through eight underwriting divisions -- Accident & Health, Captives, Global Property & Agriculture, Industry Solutions, Professional Lines, Programs, Surety and Transactional E&S.
Key Points:
- HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (P&C) market, recognized six of its business leaders with elevated titles to fully reflect their contributions.
- Each of these six leaders oversee units that have delivered impressive returns on capital and growth, with each now at a size and scale that substantially contributes to the Company’s earnings.
- Additionally, Rob Roberts has been named President of Energy following the transition of Jimmy Godfrey, who will maintain active involvement as Chairman, Energy.
- "I know I speak for our entire Executive Leadership Team in congratulating Mark, Rick, Doug, Jim, Rob and Matt for this well-deserved recognition.”
Retrieved on:
Tuesday, February 20, 2024
(1) excludes income from operating cash for the fourth quarter and years ended December, 31, 2023 and 2022.
Key Points:
- (1) excludes income from operating cash for the fourth quarter and years ended December, 31, 2023 and 2022.
- Net investment income for our investment portfolio for the fourth quarter and year ended 2023 increased $8.1 million and $2.9 million, respectively, when compared to the same 2022 periods.
- The opportunistic fixed income portfolio continued to be impacted by a decline in the fair value of limited partnership investments for the fourth quarter of 2023 and 2022 and for the year ended 2023.
- At 9 a.m. central standard time tomorrow, February 21, 2024, Skyward Specialty management will hold a conference call to discuss quarterly results with insurance industry analysts.
Retrieved on:
Wednesday, January 31, 2024
HOUSTON, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its fourth-quarter 2023 earnings results after the market closes on Tuesday, February 20, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.
Key Points:
- HOUSTON, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") expects to issue its fourth-quarter 2023 earnings results after the market closes on Tuesday, February 20, which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results.
- Skyward Specialty will host its earnings call to review fourth-quarter 2023 financial results on Wednesday, February 21, at 9 a.m. CST.
- Investors may access the live audio webcast via the link on the Company’s investor site at investors.skywardinsurance.com/ under Events & Presentations.
- A webcast replay will be available two hours following the call in the same location on the Company’s investor website.
Retrieved on:
Wednesday, January 17, 2024
HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced the expansion of its Professional Lines division into the media liability market focusing on multimedia, film and ad agencies.
Key Points:
- HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced the expansion of its Professional Lines division into the media liability market focusing on multimedia, film and ad agencies.
- Regina Williams, who joins Skyward Specialty as vice president, Media Liability, will be leading the new underwriting unit.
- Based in Kansas City, MO, the birthplace of media liability, Ms. Williams is an industry veteran with unparalleled hands-on expertise and knowledge in this sector.
- Prior to joining Skyward Specialty, Ms. Williams began her career at Media/Professional Insurance (“Media/Pro”) where she spent 15 years developing her skills in the emerging media liability market.
Retrieved on:
Thursday, December 14, 2023
Public policy,
Kidder, Peabody & Company,
Executive Committee,
Protective Life,
Business administration,
Harvard Business School,
Manhattan Life Insurance Company,
Master of Business Administration,
Dartmouth College,
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Organization,
Corporation,
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Management HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (“P&C") market, is pleased to announce the addition of Mike Morrissey, CFA to its Board of Directors effective December 14, 2023.
Key Points:
- HOUSTON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company"), a leader in the specialty property and casualty (“P&C") market, is pleased to announce the addition of Mike Morrissey, CFA to its Board of Directors effective December 14, 2023.
- “I am excited to welcome Mike to our Board of Directors.
- His expertise in the insurance and investment markets, coupled with his extensive public board track record makes him a terrific addition to our Board.
- It is clear to all members of the board that Mike’s wisdom and experience will be invaluable as we continue to build Skyward Specialty into one of the premier specialty insurance carriers,” said Skyward Specialty CEO, Andrew Robinson.
Retrieved on:
Thursday, November 30, 2023
HOUSTON, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced a series of changes to its Board of Directors (the “Board”) effective Thursday, November 30, 2023.
Key Points:
- HOUSTON, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced a series of changes to its Board of Directors (the “Board”) effective Thursday, November 30, 2023.
- Cameron MacDonald, president and chief executive officer at The Westaim Corporation (“Westaim”) and current Chairperson of the Board, and Robert Kittel, chief operating officer at Westaim and current Board member, have resigned their positions on the Skyward Specialty Board of Directors.
- Both Mr. MacDonald and Mr. Kittel have served on the Board for nearly 10 years.
- Their leadership and support for our vision and strategy was instrumental in our journey to becoming the leading specialty carrier we are today,” Andrew Robinson, chief executive officer at Skyward Specialty commented.
