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News  ›  GlobeNewswire Inc.

Skyward Specialty Announces Completion of Apollo Acquisition

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Skyward Specialty Announces Completion of Apollo Acquisition

Skyward Specialty Insurance Group (Nasdaq: SKWD) announced the completion of its acquisition of Apollo Group Holdings Limited, a U.K.-based Lloyd's of London insurance platform. The acquisition was completed at previously agreed upon terms and has received approval from regulatory authorities and minority shareholders. Skyward Specialty operates through nine underwriting divisions and maintains A (Excellent) ratings from A.M. Best Company.

Insights
WFCpL   neutral

Mentioned only as a conference host with no specific performance details


SKWD   positive

Successful completion of a strategic acquisition with regulatory and shareholder approval demonstrates business expansion, operational growth, and market confidence. The company is described as 'rapidly growing and innovative' with strong financial ratings (A-rated by A.M. Best).