BOWHEAD SPECIALTY HOLDINGS INC (BOW)
Financials · Specialty property and casualty insurance · NYSE
Specialty P&C insurer leveraging experienced underwriters and digital platforms to underwrite complex, non-standard risks through a partnership with American Family Insurance.
What BOWHEAD SPECIALTY HOLDINGS INC does
Bowhead Specialty Holdings is a commercial specialty property and casualty insurance company that underwrites complex, non-standard risks through two complementary models: a "craft" model for large, complex, higher-severity risks delivered by experienced underwriters, and a "digital" model for smaller, simpler, scalable business. The company focuses on casualty, professional liability, healthcare liability, and specialty risks, distributing policies through a network of wholesale and retail brokers. All policies are issued on American Family Insurance paper and reinsured to Bowhead Insurance Company, its wholly-owned subsidiary.
Themes: ["Commercial specialty insurance","Professional liability","Healthcare liability","Excess and surplus lines (E&S)","Underwriting specialty risks","Casualty insurance","Cyber liability"]
Fundamentals
- Price$32.30 as of 2026-07-09 close
- Market cap$1.0B as of 2026-07-10
- 1-year return-9.1% as of 2026-07-09 close
- P/E17.84 as of 2026-07-10
- Net margin+10.0% as of 2026-07-10
- ROE+13.4% as of 2026-07-10
- Debt / equity0.32 as of 2026-07-10
- Revenue growth (YoY)+27.7% as of 2026-07-10
- Revenue CAGR (3y)+43.3% SEC XBRL
- Beta0.31 as of 2026-07-10
Key risks (from latest filing)
["Concentration risk from AmFam partnership: all policies are issued on AmFam paper under their name through BSUI and reinsured 100% to BICI, creating operational and revenue dependency on this single strategic partner","Catastrophic loss exposure: as a specialty P&C insurer, the company faces potential significant losses from catastrophic events, hurricanes, or major casualty incidents that could materially impact profitability","Market cycle sensitivity: the company's profitability is dependent on favorable pricing environments and market cycles in the specialty insurance underwriting business, with exposure to underwriting losses if pricing deteriorates"]
Competitors & peers
- Arch Capital Group
- Endurance Group Holdings
- XL Capital
- Axis Capital Holdings
- Berkley Insurance Company
- Kin Insurance
- Heritage Insurance Holdings
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.