Palomar raises 2026 earnings guidance after completing reinsurance placement
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Palomar Holdings, Inc. Announces Successful Completion of June 1 Reinsurance Placement
May 29, 2026 8:30 AM EDTLA JOLLA, Calif., May 29, 2026 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) today announced the successful completion of certain reinsurance programs incepting June 1, 2026, and increased the Companys full year 2026 adjusted net income guidance.
The Company has procured approximately $421 million of incremental limit to support the growth of its Earthquake franchise. Palomars reinsurance coverage now extends to $3.92 billion for earthquake events and $135 million for continental United States hurricane events.
Palomars per occurrence event retentions will remain at $11 million for hurricane events and $20 million for... More
