Bowhead Specialty grows top line by 50% but CR worsens to 99.3%
In its first quarterly report as a public company since its May IPO, Bowhead Specialty said gross written premiums increased 50.4 percent to $175.5mn and adjusted net income increased by 20.1 percent to $7.9mn, but its combined ratio was up 6.5 points to 99.3 percent.