Skyward Specialty Insurance Group Files 8-K

Ticker: SKWD · Form: 8-K · Filed: 2025-02-05T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-results, 8-k

TL;DR

Skyward Specialty Insurance Group filed an 8-K on Feb 5, 2025, detailing material agreements and financial results.

AI Summary

Skyward Specialty Insurance Group, Inc. announced on February 5, 2025, the entry into and termination of material definitive agreements. The company also reported on its results of operations and financial condition, filing related financial statements and exhibits. Specific details regarding the nature of these agreements and their financial impact were not provided in this summary.

Why It Matters

This filing indicates significant corporate actions, including the execution and termination of material agreements, which could impact the company's financial performance and strategic direction.

Risk Assessment

Risk Level: medium — The filing involves material definitive agreements and results of operations, which can carry inherent risks and uncertainties for investors.

Key Players & Entities

Skyward Specialty Insurance Group, Inc. (company) — Registrant
February 5, 2025 (date) — Date of earliest event reported
0001519449-25-000003 (accession_number) — SEC Filing Accession Number
Delaware (jurisdiction) — State of incorporation

FAQ

What specific material definitive agreements were entered into by Skyward Specialty Insurance Group, Inc. on or before February 5, 2025?

The filing indicates the entry into material definitive agreements, but the specific details of these agreements are not provided in the summary text.

What material definitive agreements were terminated by Skyward Specialty Insurance Group, Inc. on or before February 5, 2025?

The filing indicates the termination of material definitive agreements, but the specific details of these agreements are not provided in the summary text.

What are the key aspects of Skyward Specialty Insurance Group, Inc.'s results of operations and financial condition reported in this 8-K?

The filing mentions reporting on results of operations and financial condition, along with financial statements and exhibits, but specific financial details are not included in the provided text.

What is the significance of the filing date and the date of the earliest event reported being February 5, 2025?

This indicates that the reported events, including the entry into and termination of material definitive agreements and the reporting of financial condition, occurred on or by February 5, 2025.

What is the Central Index Key (CIK) for Skyward Specialty Insurance Group, Inc.?

The Central Index Key for Skyward Specialty Insurance Group, Inc. is 0001519449.

From the Filing

0001519449-25-000003.txt : 20250205 0001519449-25-000003.hdr.sgml : 20250205 20250205160529 ACCESSION NUMBER: 0001519449-25-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250205 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250205 DATE AS OF CHANGE: 20250205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Skyward Specialty Insurance Group, Inc. CENTRAL INDEX KEY: 0001519449 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] ORGANIZATION NAME: 02 Finance IRS NUMBER: 141957288 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41591 FILM NUMBER: 25593227 BUSINESS ADDRESS: STREET 1: 800 GESSNER STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: 713-935-4888 MAIL ADDRESS: STREET 1: 800 GESSNER STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77024 FORMER COMPANY: FORMER CONFORMED NAME: Houston International Insurance Group LTD DATE OF NAME CHANGE: 20140801 FORMER COMPANY: FORMER CONFORMED NAME: Houston International Insurance Group DATE OF NAME CHANGE: 20110428 8-K 1 skwd-20250205.htm 8-K skwd-20250205 false 0001519449 0001519449 2025-02-05 2025-02-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 8-K ___________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 5, 2025 (February 5, 2025) ___________________________________ Skyward Specialty Insurance Group, Inc. (Exact name of registrant as specified in its charter) ___________________________________ Delaware (State or other jurisdiction of incorporation or organization) 001-41591 (Commission File Number) 14-1957288 (I.R.S. Employer Identification Number) 800 Gessner Road , Suite 600 Houston , Texas 77024-4284 (Address of principal executive offices) (Zip Code) ( 713 ) 935-4800 (Registrant's telephone number, including area code) ___________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $0.01 SKWD The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act. Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o Item 1.01    Entry into a Material Definitive Agreement On January 31, 2025, Skyward Re, a wholly owned insurance company subsidiary of Skyward Specialty Insurance Group, Inc., (the “Company”), commuted its existing Loss Portfolio Transfer and Adverse Development and Retrocession Agreement, dated April 1, 2020 with R&Q Re (Bermuda) Ltd. ("R&Q") pursuant to a Commutation Agreement dated February 3, 2025 (the “Commutation Agreement”). Attached he