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Skyward Specialty Insurance Group (Skyward Specialty Insurance Group) Expense Ratio % : 29.60% (As of Dec. 2023)


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What is Skyward Specialty Insurance Group Expense Ratio %?

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It indicates the efficiency of the insurance company before considering its claims and investment gains or losses.

Skyward Specialty Insurance Group's Expense Ratio % for the quarter that ended in Dec. 2023 was 29.60% , which is higher than 29.20% for the pervious quarter ended in Sep. 2023.

Skyward Specialty Insurance Group's Expense Ratio % for the annual that ended in Dec. 2023 was 28.60% , which is lower than 28.70% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Skyward Specialty Insurance Group's Expense Ratio % or its related term are showing as below:

SKWD's Expense Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Expense Ratio % only.

Skyward Specialty Insurance Group Expense Ratio % Historical Data

The historical data trend for Skyward Specialty Insurance Group's Expense Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Skyward Specialty Insurance Group Expense Ratio % Chart

Skyward Specialty Insurance Group Annual Data
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Combined Ratio %
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Skyward Specialty Insurance GroupQuarterly Data
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Combined Ratio %
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Competitive Comparison of Skyward Specialty Insurance Group's Expense Ratio %

For the Insurance - Property & Casualty subindustry, Skyward Specialty Insurance Group's Expense Ratio %, along with its competitors' market caps and Expense Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Skyward Specialty Insurance Group  (NAS:SKWD) Expense Ratio % Calculation

Expense Ratio % is calculated as:

Expense Ratio %=Expenses of Acquiring, Underwriting and Servicing Premiums / Net Premium Earned * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Skyward Specialty Insurance Group  (NAS:SKWD) Expense Ratio % Explanation

Expense Ratio % is the percentage of expenses associated with acquiring, underwriting, and servicing premiums to net premium earned. It can be used to make comparisons between insurance companies as well as measure their performance. An expense ratio below 100% suggests that the premiums an insurance company earned or wrote are more than the expenses it paid to support those premiums.

However, we should keep in mind that the ratio does not indicate an ending profitability. The overall profit is also influenced by the claims, investment gains or losses and other income. The ratio can be combined with Claims Ratio % and Combined Ratio % to get an overall performance of an insurance company.


Skyward Specialty Insurance Group Expense Ratio % Related Terms

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Skyward Specialty Insurance Group (Skyward Specialty Insurance Group) Business Description

Traded in Other Exchanges
N/A
Address
800 Gessner Road, Suite 600, Houston, TX, USA, 77024-4284
Skyward Specialty Insurance Group Inc is a specialty insurance company that delivers commercial property and casualty products and solutions on a non-admitted and admitted basis. The firm has one reportable segment through which it offers a broad array of insurance coverages to a number of market niches. It operates multiple lines of business, including general liability, excess liability, professional liability, commercial auto, group accident, health, property, surety, and workers' compensation.
Executives
Westaim Corp 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Gena L Ashe director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Anthony J Kuczinski director 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
James Charles Hays director 100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Sean W Duffy officer: EVP & CHIEF CLAIMS OFFICER 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Westaim Hiig Limited Partnership 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Dan Pk Bodnar officer: CHIEF INFORMATION OFFICER 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Leslie Shaunty officer: GENERAL COUNSEL & SECRETARY 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Thomas N Schmitt officer: CHIEF PEOPLE & ADMIN. OFFICER 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Sandip A Kapadia officer: EVP, CHIEF ACTUARY 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Katharine Terry director 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Burkhart John A Iii officer: PRESIDENT - SPECIALTY LINES 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Mark W Haushill officer: EVP & CFO C/O SKYWARD SPECIALTY INSURANCE GROUP, 800 GESSNER ROAD, STE 600, HOUSTON TX 77024
Kirby Hill officer: PRESIDENT - INDUSTRY SOLUTIONS 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Robert T. Kittel director 70 YORK STREET, SUITE 1700, TORONTO A6 M5J 1S9