Earnings Call Summary | Skyward Specialty Insurance(SKWD.US) Q1 2023 Earnings Conference
Earnings Call Summary | Skyward Specialty Insurance(SKWD.US) Q1 2023 Earnings Conference
The following is a summary of the Skyward Specialty Insurance Group, Inc. (SKWD) Q1 2023 Earnings Call Transcript:
以下是Skyward專業保險集團有限公司（SKWD）2023年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Skyward Specialty reported Q1 adjusted operating income of $0.75 per diluted share, while gross written premiums grew by 27%.
The company reported a net income of $36.8 million compared to $15.6 million for the same period a year ago.
The first quarter combined ratio improved to 89.6%.
Net investment income increased by $13.7 million compared to the same period in 2023.
Skyward Specialty's net investment income from the fixed income portfolio rose due to improved portfolio yield and an increase in the invested asset base.
The company reported $18 million in net investment income for the quarter, with invested assets growing by $400 million year-over-year.
Skyward Specialty報告稱，第一季度調整後的攤薄後每股營業收入爲0.75美元，而總書面保費增長了27％。
該公司報告的淨收入爲3680萬美元，而去年同期爲1,560萬美元。
第一季度的合併比率提高到89.6％。
與2023年同期相比，淨投資收入增加了1,370萬美元。
由於投資組合收益率的提高和投資資產基礎的增加，Skyward Specialty來自固定收益投資組合的淨投資收入有所增加。
該公司報告本季度淨投資收入爲1800萬美元，投資資產同比增長4億美元。
Business Progress:
業務進展：
Skyward Specialty Insurance plans to fully deploy its cash by the end of 2024, adjusting its portfolio in response to rising loss cost inflation.
Despite higher expense ratios attributed to higher commissions, the company continues to grow its Surety business and transactional E&S business.
The company is aiming for a 15% or more return on equity, with potential enhancements from operational and capital leverage.
Through its people-centric culture, Skyward Specialty maintains a low attrition rate and continues to onboard talented personnel.
The company plans to preserve its investment strategy unless there are drastic changes in the interest rate environment.
Looking towards the competitive talent landscape, the company aims to solidify its position through fortifying its robust culture and emphasizing its focus on employees.
Skyward Specialty Insurance計劃在2024年底之前全面部署其現金，調整其投資組合，以應對不斷上升的虧損成本通脹。
儘管佣金的增加歸因於更高的支出比率，但該公司仍在繼續發展其擔保業務和交易性環境與安全業務。
該公司的目標是實現15％或以上的股本回報率，運營和資本槓桿率可能會得到提高。
通過其以人爲本的文化，Skyward Specialty保持了較低的人員流失率，並繼續招募有才華的人才。
除非利率環境發生重大變化，否則該公司計劃保留其投資策略。
展望競爭激烈的人才格局，公司旨在通過強化其強大的文化和強調對員工的關注來鞏固其地位。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。