Palomar Q1 FY26 adjusted net income climbs 23.1% to $63.1 million; gross written premiums rise 42.4% to $629.8 million

Palomar Holdings

Palomar Holdings

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  • Palomar Holdings posted first-quarter 2026 net income of USD 42.9 million, flat year over year, with diluted EPS unchanged at USD 1.57.
  • Gross written premiums climbed 42.4% to USD 629.8 million, while net investment income rose 49% to USD 18 million.
  • Combined ratio widened 11.4 percentage points to 84.5%, as total loss ratio increased 9.7 percentage points to 33.3%.
  • Completed Gray Casualty & Surety acquisition on Jan. 31, adding two months of PCSC activity, while board authorized a new USD 200 million share repurchase program running through May 6, 2028.
  • Forecast full-year 2026 adjusted net income of USD 262 million to USD 278 million, including an estimated USD 8 million to USD 12 million of catastrophe losses.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palomar Holdings Inc. published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.