Skyward Specialty Insurance Group completes acquisition of Apollo Group Holdings, enhancing specialty insurance offerings.
Quiver AI Summary
Skyward Specialty Insurance Group, Inc. announced the successful completion of its acquisition of Apollo Group Holdings Limited, following previously agreed terms. Skyward Specialty, a growing specialty insurance provider, offers a range of commercial property and casualty products through nine divisions and is listed on the Nasdaq Global Select Market. Apollo, a subsidiary operating at Lloyd’s of London, provides innovative, data-driven insurance solutions across various sectors including property and casualty, energy, and marine. The acquisition aims to enhance both companies' capabilities, though it comes with risks and uncertainties related to integration and market conditions. Additional information is available on their respective websites.
Potential Positives
- Completion of the acquisition of Apollo Group Holdings Limited demonstrates Skyward Specialty's strategic growth and expansion into the Lloyd's of London market.
- The acquisition enhances Skyward Specialty's offerings by incorporating Apollo's innovative insurance platform and data-driven solutions.
- Skyward Specialty maintains a favorable stock listing on the Nasdaq Global Select Market, indicating strong investor confidence.
- The insurance companies under Skyward Specialty are rated A (Excellent) by A.M. Best Company, reflecting a solid financial foundation and stable outlook for policyholders and investors.
Potential Negatives
- Acquisition of Apollo Group Holdings may not result in the expected synergies, as highlighted by potential risks and uncertainties regarding integration and economic conditions.
- Management's focus on the acquisition could divert attention away from ongoing business operations, potentially affecting overall performance.
- The press release includes numerous forward-looking statements, indicating significant uncertainties that could impact future performance and investor confidence.
FAQ
What recent acquisition has Skyward Specialty completed?
Skyward Specialty has completed its acquisition of Apollo Group Holdings Limited as previously agreed upon.
What types of insurance products does Skyward Specialty offer?
Skyward Specialty delivers commercial property and casualty products on both non-admitted and admitted bases across nine underwriting divisions.
How is Skyward Specialty rated by A.M. Best?
Skyward Specialty's insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company.
What services does Apollo provide as part of Skyward Specialty?
Apollo offers data-driven insurance solutions across multiple sectors including Property, Casualty, and Specialty, enhancing resilience for clients.
Where can I find more information about Skyward Specialty and Apollo?
Additional information can be found on Skyward Specialty's website at www.skywardinsurance.com and Apollo's website at apollounderwriting.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SKWD Insider Trading Activity
$SKWD insiders have traded $SKWD stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $SKWD stock by insiders over the last 6 months:
- SANDIP A KAPADIA (Head of Actuarial) has made 0 purchases and 3 sales selling 7,716 shares for an estimated $385,906.
- THOMAS N SCHMITT (CHIEF PEOPLE & ADMIN.OFFICER) sold 88 shares for an estimated $4,189
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SKWD Revenue
$SKWD had revenues of $382.5M in Q3 2025. This is an increase of 27.13% from the same period in the prior year.
You can track SKWD financials on Quiver Quantitative's SKWD stock page.
$SKWD Congressional Stock Trading
Members of Congress have traded $SKWD stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SKWD stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 10/03.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$SKWD Hedge Fund Activity
We have seen 113 institutional investors add shares of $SKWD stock to their portfolio, and 140 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BALYASNY ASSET MANAGEMENT L.P. added 762,079 shares (+411.7%) to their portfolio in Q3 2025, for an estimated $36,244,477
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 724,296 shares (-52.4%) from their portfolio in Q3 2025, for an estimated $34,447,517
- REINHART PARTNERS, LLC. added 654,500 shares (+68.2%) to their portfolio in Q3 2025, for an estimated $31,128,020
- FRANKLIN RESOURCES INC removed 604,633 shares (-43.8%) from their portfolio in Q3 2025, for an estimated $28,756,345
- FREESTONE GROVE PARTNERS LP added 509,536 shares (+inf%) to their portfolio in Q3 2025, for an estimated $24,233,532
- VOYA INVESTMENT MANAGEMENT LLC removed 417,173 shares (-98.5%) from their portfolio in Q3 2025, for an estimated $19,840,747
- INVESCO LTD. removed 408,738 shares (-22.8%) from their portfolio in Q3 2025, for an estimated $19,439,579
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$SKWD Analyst Ratings
Wall Street analysts have issued reports on $SKWD in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Keefe, Bruyette & Woods issued a "Outperform" rating on 12/05/2025
- Citizens issued a "Market Outperform" rating on 12/04/2025
- Piper Sandler issued a "Overweight" rating on 10/31/2025
- Janney Montgomery Scott issued a "Buy" rating on 10/06/2025
To track analyst ratings and price targets for $SKWD, check out Quiver Quantitative's $SKWD forecast page.
$SKWD Price Targets
Multiple analysts have issued price targets for $SKWD recently. We have seen 7 analysts offer price targets for $SKWD in the last 6 months, with a median target of $66.0.
Here are some recent targets:
- Meyer Shields from Keefe, Bruyette & Woods set a target price of $66.0 on 12/05/2025
- Paul Newsome from Piper Sandler set a target price of $64.0 on 12/04/2025
- Matthew Carletti from Citizens set a target price of $80.0 on 12/04/2025
- Robert Farnam from Janney Montgomery Scott set a target price of $60.0 on 10/06/2025
- Michael Zaremski from BMO Capital set a target price of $55.0 on 09/08/2025
- Matthew J. Carletti from JMP Securities set a target price of $70.0 on 09/04/2025
Full Release
HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”), today announced that it has completed its acquisition of Apollo Group Holdings Limited (“Apollo”) at the previously agreed upon terms.
About Skyward Specialty
Skyward Specialty 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 nine underwriting divisions - Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S. SKWD stock is traded on the Nasdaq Global Select Market, which represents the top fourth of all Nasdaq listed companies.
Skyward Specialty's insurance companies consist of Houston Specialty Insurance Company, Imperium Insurance Company, Great Midwest Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with stable outlook by A.M. Best Company. Additional information about Skyward Specialty can be found on our website at www.skywardinsurance.com .
About Apollo
Apollo, a U.K. subsidiary of Skyward Specialty, is an innovation inspired insurance platform operating at Lloyd’s of London, offering data-driven and creative solutions to a wide variety of risks. The business provides high quality products and services to clients, and capital partners, enabling a resilient and sustainable world. Apollo offers products across Property, Casualty, Marine, Energy & Transportation, Specialty, Reinsurance, as well as Smart Follow and digital & embedded risk programs. Apollo’s experience and unique ecosystem give Platform Partners the best chance of success through the Lloyd’s new entrant process to the delivery of their long-term strategy. For more information about Apollo, please visit apollounderwriting.com .
Forward Looking Statements
Except for historical information, all other information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are typically, but not always, identified through use of the words "believe," "expect," "enable," "may," "will," "could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, or implied. Such risks and uncertainties include, among others, the following possibilities: the occurrence of any event, change, or other circumstance that could give rise to the right of one or both parties to terminate the definitive transaction agreement, the possibility that the anticipated benefits and synergies of the proposed transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas when Skyward Specialty and Apollo do business, the diversion of management's attention from ongoing business operations and opportunities, potential adverse reactions or changes to business or employee relationships, as well as described in Skyward Specialty's Form 10-K, and include (but are not limited to) legislative changes at both the state and federal level, state and federal regulatory rule making promulgations and adjudications, class action litigation involving the insurance industry and judicial decisions affecting claims, policy coverages and the general costs of doing business, the potential loss of key members of our management team or key employees and our ability to attract and retain personnel, the impact of competition on products and pricing, inflation in the costs of the products and services insurance pays for, product development, geographic spread of risk, weather and weather-related events, other types of catastrophic events, our ability to obtain reinsurance coverage at prices and on terms that allow us to transfer risk and adequately protect our company against financial loss, and losses resulting from reinsurance counterparties failing to pay us on reinsurance claims. These forward-looking statements speak only as of the date of this release and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.
Investor Contact
Kevin Reed
Skyward Specialty Insurance Group
713-206-7860
[email protected]
Media Contacts
Skyward Specialty Insurance Group
Haley Doughty
713-935-4944
[email protected]
Apollo
Haggie Partners
Peter Rigby, Caroline Klein, Bec Seaton
44 20 7562 4444
[email protected]
This press release was published by a CLEAR® Verified individual.