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Companies / Financials / Bowhead Specialty Holdings Inc.
BOW

Bowhead Specialty Holdings Inc.

FinancialsProperty & Casualty Insurance
Ticker BOWNEW YORK, NYFiscal year ends DecemberBook value per share $13.33Diluted shares 33.8M

Bowhead Specialty Holdings Inc. (NYSE: BOW) provides commercial specialty property and casualty insurance to businesses of varied sizes and industries, focusing on casualty, professional liability and healthcare liability risks. Its four underwriting divisions are Casualty, Professional Liability, Healthcare Liability… From the company’s description.

Over the twelve months to Sep 30, 2026, Bowhead Specialty Holdings Inc. reported revenue of $642.99M, up 23.8% from a year earlier, and net income of $59.93M. Its operating margin was 15.0%, and operations generated $412.06M in cash. In fiscal 2025, it reported revenue of $551.59M, up 29.6% from fiscal 2024, and net income of $53.79M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$551.59MFY2025
+29.6% year over year
Last 12 mo $642.99M
13.55%FY2025
+0.4 percentage points
Last 12 mo 15.05%
$53.79MFY2025
+40.6% year over year
Last 12 mo $59.93M
12.00%FY2025
+1.7 percentage points
Last 12 mo 13.29%
Cash & financing
$331.59MFY2025
+12.7% year over year
Last 12 mo $412.06M
$326.02MFY2025
+12.0% year over year
Last 12 mo $406.64M
0.33FY2025
Last 12 mo 0.33
33.7MFY2025
+13.7% year over year
Last 12 mo 33.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Bowhead Specialty Holdings Inc. does

In the company’s own words

Bowhead Specialty Holdings Inc. (NYSE: BOW) provides commercial specialty property and casualty insurance to businesses of varied sizes and industries, focusing on casualty, professional liability and healthcare liability risks. Its four underwriting divisions are Casualty, Professional Liability, Healthcare Liability and Baleen Specialty; in 2025, they represented 63.8%, 20.2%, 13.5% and 2.5% of gross written premiums, respectively. Products include general, environmental, management, cyber and healthcare liability coverage, distributed through wholesale and retail brokers, with some divisions using wholesale-only channels. Bowhead uses a craft model for complex risks and a digital model for smaller, more standardized business; its Baleen Specialty brand serves small and mid-sized, hard-to-place risks, while Express offerings streamline coverage for smaller accounts. Policies are issued through American Family Mutual Insurance Company subsidiaries and reinsured to Bowhead’s insurance company subsidiary, with third-party reinsurance also used. Founded in 2020, the company reported $862.8 million in gross written premiums for fiscal 2025. Its website is https://www.bowheadspecialty.com.

Company details
Sector
Financials
Industry (SIC)
Property & Casualty Insurance
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
2002473
SIC
6331

Financial performance, year by year

Fiscal 2024–2025 · USD
$-64.30M$128.60M$321.50M$514.40M$707.29M20242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Bowhead Specialty Holdings Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

161
funds hold it
0 of 35
superinvestors hold it
$196.18M
held by funds, at market
21.3%
of shares held by funds

Largest fund holders · Bowhead Specialty Holdings Inc.’s weight in each

0.84%of fund net assets
Small Cap Growth Fund
ANONX · American Century Mutual Funds, Inc.
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
Small Cap Value Fund
ASVIX · American Century Capital Portfolios, Inc.
0.33%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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