Skyward Specialty Q2 2026 net income rises 26% to $49.0 million
Skyward Specialty Insurance Group reported second-quarter 2026 net income of $49.0 million, up from $38.8 million a year earlier, and diluted operating earnings per share of $1.30, up from $0.89. Gross written premiums rose 13.3% to $740.6 million, and the combined ratio was 89.5%. Shareholders gain a clearer view of stronger underwriting and earnings, and the company also doubled its share repurchase authorization to $100 million.
Key points
- Net income was $49.0 million for the quarter versus $38.8 million in Q2 2025; diluted GAAP EPS was $1.07 versus $0.93.
- Diluted operating EPS was $1.30 versus $0.89, and annualized operating ROE was 19.0% for the quarter.
- Gross written premiums were $740.6 million, up 13.3%; the combined ratio was 89.5%, including 1.9 points of catastrophe losses for the six months.
- The share repurchase authorization was expanded from $50 million to $100 million; the company repurchased 223 thousand shares for $9.7 million in the quarter.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.