Palomar raises 2026 adjusted net income outlook to $266 million-$280 million
Palomar Holdings
Palomar Holdings PLMR | 0.00 |
- Palomar raised its 2026 adjusted net income guidance to $266 million-$280 million from $262 million-$278 million.
- Guidance increase followed completion of June 1 reinsurance placement adding about $421 million of incremental earthquake limit.
- Earthquake reinsurance coverage expanded to $3.92 billion; continental U.S. hurricane coverage held at $135 million.
- Per-occurrence retentions unchanged at $20 million for earthquake events; $11 million for hurricane events.
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 via GlobeNewswire (Ref. ID: 202605290830PRIMZONEFULLFEED9728790) on May 29, 2026, and is solely responsible for the information contained therein.
