Skyward Specialty Insurance receives approvals for Apollo acquisition

Skyward Specialty Insurance (SKWD) announced that it has secured the required regulatory approvals and approvals of the minority shareholders of its acquisition of Apollo Group. The transaction is expected to close early in the first quarter of 2026, subject to final closing conditions. Skyward Specialty Chairman and CEO Andrew Robinson commented, “We are pleased to announce that all required regulators, including the Prudential Regulatory Authority and Lloyd’s of London, as well as all Apollo minority shareholders, have approved our acquisition of Apollo, key milestones in the closing process. As we move toward closing our transaction with Apollo, Skyward is operating from a position of exceptional strength and executing at a high level. We anticipate reporting a fiscal year 2025 combined ratio between 89% and 91%. Our pro forma guidance for 2026 reflects this strong starting point, our commitment to ‘Rule Our Niche’ and to deliver top quartile results.”