Bowhead Specialty Holdings Inc. (BOW)

BOW Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Debt Securities	1,371	879.99	554.62	236.89
Other Investments	-	10	8.82	46.04
Total Investments	1,371	889.99	563.45	282.92
Cash & Equivalents	233.77	222.06	119.77	80.65
Reinsurance Contract Assets	591.5	407.64	256.12	138.07
Deferred Acquisition Costs	35.28	27.63	19.41	13.67
Other Receivables	95.37	71.19	43.48	30.72
Net Property, Plant & Equipment	10.64	6.85	7.6	6.05
Other Assets	33.81	28.9	18.04	13.12
Total Assets	2,371	1,654	1,028	565.21
Unearned Premiums	552.59	446.85	344.7	231.74
Claims Reserves	1,130	756.86	431.19	207.05
Accounts Payable	65.78	51.86	40.44	23.69
Accrued Expenses	19.36	19.58	14.94	13.55
Total Debt	146.45	-	-	-
Other Liabilities	7.99	8.65	4.51	5.81
Total Liabilities	1,922	1,284	835.78	481.83
Common Stock	0.33	0.33	0.24	0.24
Additional Paid-in Capital	325.89	318.1	178.54	100.2
Accumulated Other Comprehensive Income	5.35	-11.15	-11.37	-16.69
Retained Earnings	116.7	62.91	24.67	-0.38
Total Common Shareholders' Equity	448.27	370.18	192.08	83.37
Minority Interest	1.01	0.27	-	-
Shareholders' Equity	449.27	370.44	192.08	83.37
Total Liabilities & Equity	2,371	1,654	1,028	565.21
Book Value	448.27	370.18	192.08	83.37
Book Value Per Share	13.29	12.47	8.00	3.47
Tangible Book Value	448.27	370.18	192.08	83.37
Tangible Book Value Per Share	13.29	12.47	8.00	3.47

Updated Feb 24, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q