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	<id>https://www.insurerbrain.com/w/index.php?action=history&amp;feed=atom&amp;title=Data%3ASkyward%2F2025%2FFY%2FAnnual_report.json</id>
	<title>Data:Skyward/2025/FY/Annual report.json - Revision history</title>
	<link rel="self" type="application/atom+xml" href="https://www.insurerbrain.com/w/index.php?action=history&amp;feed=atom&amp;title=Data%3ASkyward%2F2025%2FFY%2FAnnual_report.json"/>
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	<updated>2026-07-28T09:24:57Z</updated>
	<subtitle>Revision history for this page on the wiki</subtitle>
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	<entry>
		<id>https://www.insurerbrain.com/w/index.php?title=Data:Skyward/2025/FY/Annual_report.json&amp;diff=25371&amp;oldid=prev</id>
		<title>Wikilah admin: Section records derived from the published summary page (324 sections)</title>
		<link rel="alternate" type="text/html" href="https://www.insurerbrain.com/w/index.php?title=Data:Skyward/2025/FY/Annual_report.json&amp;diff=25371&amp;oldid=prev"/>
		<updated>2026-07-25T06:02:12Z</updated>

		<summary type="html">&lt;p&gt;Section records derived from the published summary page (324 sections)&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
				&lt;col class=&quot;diff-marker&quot; /&gt;
				&lt;col class=&quot;diff-content&quot; /&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 14:02, 25 July 2026&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 282:&lt;/td&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 282:&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;heading&quot;: &quot;Marketing and distribution strategy&quot;,&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;heading&quot;: &quot;Marketing and distribution strategy&quot;,&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;tags&quot;: [],&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;tags&quot;: [],&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
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  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;links&quot;: [&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;links&quot;: [&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;],&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;				&quot;Business mix&quot;&lt;/div&gt;&lt;/td&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-empty diff-side-added&quot;&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;
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  &lt;td colspan=&quot;2&quot; class=&quot;diff-empty diff-side-added&quot;&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;data_items&quot;: [],&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;data_items&quot;: [],&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;effective_tags&quot;: [&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;effective_tags&quot;: [&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;],&lt;/ins&gt;&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-empty diff-side-deleted&quot;&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;a class=&quot;mw-diff-movedpara-right&quot; title=&quot;Paragraph was moved. Click to jump to old location.&quot; href=&quot;#movedpara_7_1_lhs&quot;&gt;&amp;#x26AB;&lt;/a&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;a name=&quot;movedpara_5_0_rhs&quot;&gt;&lt;/a&gt;			&quot;content&quot;: &quot;* The company&#039;s marketing and distribution approach mirrors its underwriting approach and is a key facet of its \&quot;Rule Our Niche\&quot; strategy.\n* Underwriting teams and the company have strong relationships with distribution partners and reputations that facilitate new affiliations.\n* The company wins with distribution partners due to deep expertise in niche markets, high-caliber underwriters, culture of innovation, thoughtful product line-up and design, and speed/quality of responsiveness.\n* All underwriting divisions invest time and effort into sustaining and expanding distribution partner loyalty and long-term relationships.\n* The company tailors its choice of distribution partners to access specific business it seeks to write.\n* Products are distributed through retail agents, wholesale brokers, select program administrators, and captive managers.\n* This distribution approach allows effective and efficient access to targeted business based on market niche needs and dynamics.\n\n=== Underwriting ===&quot;&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;				&quot;Business mix&quot;&lt;/div&gt;&lt;/td&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-empty diff-side-added&quot;&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			],&lt;/div&gt;&lt;/td&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-empty diff-side-added&quot;&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;a class=&quot;mw-diff-movedpara-left&quot; title=&quot;Paragraph was moved. Click to jump to new location.&quot; href=&quot;#movedpara_5_0_rhs&quot;&gt;&amp;#x26AB;&lt;/a&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;&lt;a name=&quot;movedpara_7_1_lhs&quot;&gt;&lt;/a&gt;			&quot;content&quot;: &quot;* The company&#039;s marketing and distribution approach mirrors its underwriting approach and is a key facet of its \&quot;Rule Our Niche\&quot; strategy.\n* Underwriting teams and the company have strong relationships with distribution partners and reputations that facilitate new affiliations.\n* The company wins with distribution partners due to deep expertise in niche markets, high-caliber underwriters, culture of innovation, thoughtful product line&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; (Business mix)&lt;/del&gt;-up and design, and speed/quality of responsiveness.\n* All underwriting divisions invest time and effort into sustaining and expanding distribution partner loyalty and long-term relationships.\n* The company tailors its choice of distribution partners to access specific business it seeks to write.\n* Products are distributed through retail agents, wholesale brokers, select program administrators, and captive managers.\n* This distribution approach allows effective and efficient access to targeted business based on market niche needs and dynamics.\n\n=== Underwriting ===&quot;&lt;/div&gt;&lt;/td&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-empty diff-side-added&quot;&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		},&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		},&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		{&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		{&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;

&lt;!-- diff cache key mediawiki:diff:1.41:old-25367:rev-25371:wikidiff2=table:1.14.2:bc2a06be --&gt;
&lt;/table&gt;</summary>
		<author><name>Wikilah admin</name></author>
	</entry>
	<entry>
		<id>https://www.insurerbrain.com/w/index.php?title=Data:Skyward/2025/FY/Annual_report.json&amp;diff=25367&amp;oldid=prev</id>
		<title>Wikilah admin: Section records derived from the published summary page (324 sections)</title>
		<link rel="alternate" type="text/html" href="https://www.insurerbrain.com/w/index.php?title=Data:Skyward/2025/FY/Annual_report.json&amp;diff=25367&amp;oldid=prev"/>
		<updated>2026-07-25T05:20:13Z</updated>

		<summary type="html">&lt;p&gt;Section records derived from the published summary page (324 sections)&lt;/p&gt;
&lt;a href=&quot;https://www.insurerbrain.com/w/index.php?title=Data:Skyward/2025/FY/Annual_report.json&amp;amp;diff=25367&amp;amp;oldid=25345&quot;&gt;Show changes&lt;/a&gt;</summary>
		<author><name>Wikilah admin</name></author>
	</entry>
	<entry>
		<id>https://www.insurerbrain.com/w/index.php?title=Data:Skyward/2025/FY/Annual_report.json&amp;diff=25345&amp;oldid=prev</id>
		<title>Wikilah admin: Section records derived from the published summary page (324 sections)</title>
		<link rel="alternate" type="text/html" href="https://www.insurerbrain.com/w/index.php?title=Data:Skyward/2025/FY/Annual_report.json&amp;diff=25345&amp;oldid=prev"/>
		<updated>2026-07-24T16:51:47Z</updated>

		<summary type="html">&lt;p&gt;Section records derived from the published summary page (324 sections)&lt;/p&gt;
&lt;table style=&quot;background-color: #fff; color: #202122;&quot; data-mw=&quot;interface&quot;&gt;
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				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;← Older revision&lt;/td&gt;
				&lt;td colspan=&quot;2&quot; style=&quot;background-color: #fff; color: #202122; text-align: center;&quot;&gt;Revision as of 00:51, 25 July 2026&lt;/td&gt;
				&lt;/tr&gt;&lt;tr&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 564:&lt;/td&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 564:&lt;/td&gt;
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&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;data_items&quot;: [],&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;data_items&quot;: [],&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;effective_tags&quot;: [],&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;effective_tags&quot;: [],&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;content&quot;: &quot;thumb|Our Structure\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n[Chart&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;image&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;description&lt;/del&gt;:&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;]&lt;/del&gt;\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nThis&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;an&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;organizational&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;chart&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;showing&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;corporate&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;structure&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;of&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Skyward&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Specialty&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Insurance&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Group&lt;/del&gt;, &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Inc&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;\nThe&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;top&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;entity&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is&lt;/del&gt; SKYWARD &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SPECIALTY&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INSURANCE&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;GROUP,&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INC.&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;Delaware corporation&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;.\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nSKYWARD&lt;/del&gt; SPECIALTY INSURANCE GROUP, INC.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; (Delaware corporation)&lt;/del&gt; has &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;following&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;direct&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subsidiaries:\n-&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SKYWARD&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SERVICE&lt;/del&gt; COMPANY&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; (Delaware corporation)&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; GREAT MIDWEST INSURANCE COMPANY &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;Texas stock insurance company&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; SKYWARD UNDERWRITERS AGENCY, INC. &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;Texas corporation&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; SKYWARD SPECIALTY NO. 1 LIMITED &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;United Kingdom company&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; SKYWARD RE &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;Cayman Islands corporation&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nGREAT&lt;/del&gt; MIDWEST INSURANCE COMPANY &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(Texas&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;stock&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;insurance&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;company)&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;following&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;direct subsidiary:&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; HOUSTON SPECIALTY INSURANCE COMPANY &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;Texas stock insurance company&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nHOUSTON&lt;/del&gt; SPECIALTY INSURANCE COMPANY &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(Texas&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;stock&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;insurance&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;company)&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;following direct subsidiary:&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; IMPERIUM INSURANCE COMPANY &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;Texas stock insurance company&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nIMPERIUM&lt;/del&gt; INSURANCE COMPANY &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(Texas&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;stock&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;insurance&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;company)&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;following&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;direct subsidiary:&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; OKLAHOMA SPECIALTY INSURANCE COMPANY &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;(&lt;/del&gt;Oklahoma insurance corporation&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;)&lt;/del&gt;\n\n=== Ratings ===&quot;&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;content&quot;: &quot;thumb|Our Structure\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nChart &lt;/ins&gt;/ &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Image&lt;/ins&gt;:\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n*&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SKYWARD&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SPECIALTY&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INSURANCE&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;GROUP,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INC.&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Delaware&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;corporation.\n*&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SKYWARD&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SPECIALTY&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INSURANCE&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;GROUP&lt;/ins&gt;, &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INC&lt;/ins&gt;. &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subsidiary named&lt;/ins&gt; SKYWARD &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SERVICE&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;COMPANY.\n*&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SKYWARD&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SERVICE COMPANY is a&lt;/ins&gt; Delaware corporation.\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n* SKYWARD&lt;/ins&gt; SPECIALTY INSURANCE GROUP, INC. has &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subsidiary&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;named&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;GREAT&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;MIDWEST&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INSURANCE&lt;/ins&gt; COMPANY&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;*&lt;/ins&gt; GREAT MIDWEST INSURANCE COMPANY &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is a &lt;/ins&gt;Texas stock insurance company&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;* SKYWARD SPECIALTY INSURANCE GROUP, INC. has a subsidiary named&lt;/ins&gt; SKYWARD UNDERWRITERS AGENCY, INC.&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;\n* SKYWARD UNDERWRITERS AGENCY, INC. is a&lt;/ins&gt; Texas corporation&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;* SKYWARD SPECIALTY INSURANCE GROUP, INC. has a subsidiary named&lt;/ins&gt; SKYWARD SPECIALTY NO. 1 LIMITED&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.\n* SKYWARD SPECIALTY NO. 1 LIMITED is a&lt;/ins&gt; United Kingdom company&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;* SKYWARD SPECIALTY INSURANCE GROUP, INC. has a subsidiary named&lt;/ins&gt; SKYWARD RE&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.\n* SKYWARD RE is a&lt;/ins&gt; Cayman Islands corporation&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n* GREAT&lt;/ins&gt; MIDWEST INSURANCE COMPANY &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subsidiary&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;named&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;HOUSTON&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SPECIALTY&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INSURANCE&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;COMPANY.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;*&lt;/ins&gt; HOUSTON SPECIALTY INSURANCE COMPANY &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is a &lt;/ins&gt;Texas stock insurance company&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n* HOUSTON&lt;/ins&gt; SPECIALTY INSURANCE COMPANY &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subsidiary&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;named&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;IMPERIUM&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INSURANCE&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;COMPANY.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;*&lt;/ins&gt; IMPERIUM INSURANCE COMPANY &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is a &lt;/ins&gt;Texas stock insurance company&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n* IMPERIUM&lt;/ins&gt; INSURANCE COMPANY &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;has&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;a&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;subsidiary&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;named&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;OKLAHOMA&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;SPECIALTY&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;INSURANCE&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;COMPANY.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;*&lt;/ins&gt; OKLAHOMA SPECIALTY INSURANCE COMPANY &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is an &lt;/ins&gt;Oklahoma insurance corporation&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n\n=== Ratings ===&quot;&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		},&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		},&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		{&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		{&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1,428:&lt;/td&gt;
  &lt;td colspan=&quot;2&quot; class=&quot;diff-lineno&quot;&gt;Line 1,428:&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;data_items&quot;: [],&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;data_items&quot;: [],&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;effective_tags&quot;: [],&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;effective_tags&quot;: [],&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;−&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;content&quot;: &quot;thumb|Performance Graph\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n[Chart&lt;/del&gt;/&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;image&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;description&lt;/del&gt;:&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;]&lt;/del&gt;\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nThis&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;is a line chart showing the performance of three different entities over time.\nThe&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Y&lt;/del&gt;-axis represents values&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; in dollars, ranging&lt;/del&gt; from $100.00 to $300.00, with increments of $50.00.\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nThe&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;X&lt;/del&gt;-axis represents &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;time, with labels&lt;/del&gt;: January 13, 2023, December 31, 2023, December 31, 2024, and December 31, 2025.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;\nThe legend identifies three lines:&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Blue&lt;/del&gt; line with circular markers&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; Skyward Specialty Insurance Group, Inc.\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Magenta&lt;/del&gt; line with circular markers&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; Nasdaq Composite Index\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Cyan&lt;/del&gt; line with circular markers&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; Nasdaq Insurance Index\&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nData points for each entity are as follows:&lt;/del&gt;\n*&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;*&lt;/del&gt;Skyward Specialty Insurance Group, Inc.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; (Blue Line)&lt;/del&gt;:&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;**&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; January 13, 2023&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; $100.00\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2023&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;177&lt;/del&gt;.00\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2024&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $265.00\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2025&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;268&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;00&lt;/del&gt;\n*&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;*&lt;/del&gt;Nasdaq Composite Index&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; (Magenta Line)&lt;/del&gt;:&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;**&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; January 13, 2023&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; $100.00\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2023&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;138&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;00&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2024&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;174&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;00&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2025&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $210.00\n*&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;*&lt;/del&gt;Nasdaq Insurance Index&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; (Cyan Line)&lt;/del&gt;:&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;**&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; January 13, 2023&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; $100.00\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2023&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;105&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;00&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2024&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;128&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;00&lt;/del&gt;\n&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;-&lt;/del&gt; December 31, 2025&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;:&lt;/del&gt; &lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Approximately&lt;/del&gt; $&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;128&lt;/del&gt;.&lt;del style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;00&lt;/del&gt;\n\n== Management’s Discussion and Analysis of Financial Condition and Results of Operations ==\n\n=== Overview ===&quot;&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot; data-marker=&quot;+&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;			&quot;content&quot;: &quot;thumb|Performance Graph\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;nChart &lt;/ins&gt;/ &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;Image&lt;/ins&gt;:\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n*&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;y&lt;/ins&gt;-axis represents values from $100.00 to $300.00, with increments of $50.00.\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;n*&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;The x&lt;/ins&gt;-axis represents &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;dates&lt;/ins&gt;: January 13, 2023, December 31, 2023, December 31, 2024, and December 31, 2025.\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;* The&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;blue&lt;/ins&gt; line with circular markers &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;represents \&quot;&lt;/ins&gt;Skyward Specialty Insurance Group, Inc&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.\&quot;&lt;/ins&gt;.\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;* The&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;magenta&lt;/ins&gt; line with circular markers &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;represents \&quot;&lt;/ins&gt;Nasdaq Composite Index&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;\&quot;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;* The&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;cyan&lt;/ins&gt; line with circular markers &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;represents \&quot;&lt;/ins&gt;Nasdaq Insurance Index\&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;&quot;.&lt;/ins&gt;\n*&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; For &lt;/ins&gt;Skyward Specialty Insurance Group, Inc.:\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; January 13, 2023&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, the value is&lt;/ins&gt; $100.00&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2023&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;175&lt;/ins&gt;.00&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2024&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $265.00&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2025&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;267.50&lt;/ins&gt;.\n*&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; For &lt;/ins&gt;Nasdaq Composite Index:\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; January 13, 2023&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, the value is&lt;/ins&gt; $100.00&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2023&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;137.50&lt;/ins&gt;.\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2024&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;172.50&lt;/ins&gt;.\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2025&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $210.00&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n*&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt; For &lt;/ins&gt;Nasdaq Insurance Index:\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; January 13, 2023&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;, the value is&lt;/ins&gt; $100.00&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;.&lt;/ins&gt;\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2023&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;102.50&lt;/ins&gt;.\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2024&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;127.50&lt;/ins&gt;.\n&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;** On&lt;/ins&gt; December 31, 2025&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;,&lt;/ins&gt; &lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;the value is&lt;/ins&gt; $&lt;ins style=&quot;font-weight: bold; text-decoration: none;&quot;&gt;127.50&lt;/ins&gt;.\n\n== Management’s Discussion and Analysis of Financial Condition and Results of Operations ==\n\n=== Overview ===&quot;&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
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  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
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  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		},&lt;/div&gt;&lt;/td&gt;
&lt;/tr&gt;
&lt;tr&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		{&lt;/div&gt;&lt;/td&gt;
  &lt;td class=&quot;diff-marker&quot;&gt;&lt;/td&gt;
  &lt;td style=&quot;background-color: #f8f9fa; color: #202122; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #eaecf0; vertical-align: top; white-space: pre-wrap;&quot;&gt;&lt;div&gt;		{&lt;/div&gt;&lt;/td&gt;
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		<title>Wikilah admin: Section records derived from the published summary page (324 sections)</title>
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		<updated>2026-07-24T16:30:07Z</updated>

		<summary type="html">&lt;p&gt;Section records derived from the published summary page (324 sections)&lt;/p&gt;
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