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Skyward Specialty Insurance Group, Inc. ( (SKWD) ) has shared an update.
Skyward Specialty Insurance Group announced a robust third quarter for 2024, with net income soaring to $36.7 million, marking a significant increase from the previous year. The company’s strategic focus on niche markets and disciplined underwriting led to a 12.4% rise in gross written premiums and an impressive 19.1% annualized return on equity. As Skyward Specialty continues to adapt to market conditions and invest in growth areas, it remains well-positioned for future success.
For detailed information about SKWD stock, go to TipRanks’ Stock Analysis page.