AM Best Comments on Credit Ratings of Skyward Specialty Insurance Group Members Following Announced Acquisition of Apollo Group Holdings Inc.
AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a" (Excellent) of Great Midwest Insurance Company (GMIC), Houston Specialty Insurance Company (HSIC), Oklahoma Specialty Insurance Company (OSIC) and Imperium Insurance Company (IIC) are unchanged following the September 2, 2025, announcement that Skyward Specialty Insurance Group, Inc. (Skyward Group) has entered into a definitive agreement with the majority sellers to acquire 100% of Apollo Group Holdings Limited (Apollo) for a total consideration of $555 million from Alchemy, management, employees and other strategic investors.
GMIC, HSIC, OSIC and IIC a
