Skyward/2025/FY/Annual report: Difference between revisions

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''This article summarizes Skyward's Annual report published on [[Definition:Year 2026|2026]]-03-02 (24 pages).''
 
== Cover ==
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* The company's marketing and distribution approach mirrors its underwriting approach and is a key facet of its "Rule Our Niche" strategy.
* Underwriting teams and the company have strong relationships with distribution partners and reputations that facilitate new affiliations.
* The company wins with distribution partners due to deep expertise in niche markets, high-caliber underwriters, culture of innovation, thoughtful [[Definition:Business mix|product line]]-up and design, and speed/quality of responsiveness.
* All underwriting divisions invest time and effort into sustaining and expanding distribution partner loyalty and long-term relationships.
* The company tailors its choice of distribution partners to access specific business it seeks to write.
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* [[Definition:Net investment income|Net investment income]] consists of interest, [[Definition:Dividend|dividends]], and equity in earnings (losses) of unconsolidated subsidiaries, net of investment expenses such as investment management expenses.
* Interest income is recognized on the accrual basis.
* [[Definition:Dividend|Dividends]] are recognized as earned at the ex-[[Definition:Dividend|dividend]] date.
* Interest income on mortgage-backed and other asset-backed securities is recognized using the effective-yield method based on estimated principal repayments.
* Amortization of premium and accretion of discounts on debt securities are included in interest income.