Bowhead Specialty Holdings Inc. (BOW) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to Bowhead Specialty's fourth quarter 2025 earnings call. After the prepared remarks, we will hold a question and answer session. For those in the Q&A room, please use the raise hand function at the bottom of your Zoom screen to join the question queue. You can do this at any time and your questions will be addressed during the Q&A session. Also, as a reminder, this conference is being recorded. If you have any objections, please disconnect at this time. With that, I'd like to turn the call over to Shirley Yap, Head of Investor Relations. Shirley, you may begin. Thanks, Mariana. Good morning and welcome to Bowhead's fourth quarter 2025 earnings conference call. I'm Shirley Yap, Bowhead's chief accounting officer and head of investor relations. Joining me today are Stephen Sills, our chief executive officer, Brad Mulcahy, our chief financial officer, and Derek Broaddus, our head of casualty. As we introduced last quarter, we'll be inviting an additional member of our management team on our earnings calls to share insights from the area of expertise. Today, we are joined by Derek Braudis, who heads our casualty team. Thanks, Mariana. Good morning, and welcome to Bowhead's fourth quarter 2025 earnings conference call. Thanks, Marianna. Good morning and welcome to Bowhead's fourth quarter 2025 earnings conference call. I'm Shirley Yap, Bowhead's chief accounting officer and head of investor relations. Joining me today are Stephen Sills, our chief executive officer, Brad Mulcahy, our chief financial officer, and Derek Broaddus, our head of casualty. As periods was primarily driven by our reduction and increased our seating commission. Therefore, we believe our combined ratio will be in the mid to high 90s for the full year and return on equity to be in t...