Palomar Holdings Inc. (PLMR) Reports Q3 Loss of $0.62/sj

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Palomar Holdings, Inc. Reports Third Quarter 2020 Results

November 10, 2020 4:10 PM EST

LA JOLLA, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) reported a net loss of $15.7 million, or $0.62 per diluted share, for the third quarter of 2020 compared to net income of $7.5 million, or $0.31 per diluted share, for the third quarter of 2019.

Third Quarter 2020 Highlights

Gross written premiums increased by 55.4% to $103.0 million compared to $66.2 million in the third quarter of 2019Net loss... More