v3.26.1
Segments - Schedule of Segment Reporting (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Net earned premiums $ 444,472 $ 295,542 $ 878,479 $ 595,908
Underwriting fee income 12,588 0 22,666 0
Commission and fee income 2,334 2,560 3,861 4,536
Total underwriting revenues 459,394 298,102 905,006 600,444
Losses and LAE 276,741 181,262 541,964 368,571
Amortization of policy acquisition costs 71,154 44,636 130,770 89,126
Other operating and general expenses 47,755 37,730 107,844 75,878
Corporate expenses 4,372 3,230 9,281 7,143
Fee‑based service expenses 4,562 0 8,732 0
Total underwriting expenses 404,584 266,858 798,591 540,718
Underwriting income 54,810 31,244 106,415 59,726
Net investment income 30,727 18,704 57,782 38,126
Net investment gains (601) 3,090 2,584 9,840
Other income 13 7 28 20
Interest expense 8,812 1,876 16,531 3,710
Amortization expense 8,843 372 17,686 709
Other expenses 3,737 1,002 6,959 2,063
Income before income taxes 63,557 49,795 125,633 101,230
Income tax expense 14,519 10,956 26,864 20,333
Net income 49,038 38,839 98,769 80,897
Corporate expenses        
Segment Reporting [Line Items]        
Corporate expenses 4,372 3,230   7,143
Skyward Specialty Segment | Operating Segments        
Segment Reporting [Line Items]        
Net earned premiums 378,346 295,542 742,289 595,908
Underwriting fee income 0 0 0 0
Commission and fee income 2,334 2,560 3,861 4,536
Total underwriting revenues 380,680 298,102 746,150 600,444
Losses and LAE 236,967 181,262 465,198 368,571
Amortization of policy acquisition costs 52,927 44,636 103,986 89,126
Other operating and general expenses 41,204 37,730 87,108 75,878
Corporate expenses 0 0 0 0
Fee‑based service expenses 0 0 0 0
Total underwriting expenses 331,098 263,628 656,292 533,575
Underwriting income 49,582 $ 34,474 89,858 $ 66,869
Apollo Segment | Operating Segments        
Segment Reporting [Line Items]        
Net earned premiums 66,126   136,190  
Underwriting fee income 12,588   22,666  
Commission and fee income 0   0  
Total underwriting revenues 78,714   158,856  
Losses and LAE 39,774   76,766  
Amortization of policy acquisition costs 18,227   26,784  
Other operating and general expenses 6,551   20,736  
Corporate expenses 0   0  
Fee‑based service expenses 4,562   8,732  
Total underwriting expenses 69,114   133,018  
Underwriting income $ 9,600   $ 25,838