Palomar Holdings publishes transcript of first-quarter 2026 earnings call
Palomar Holdings
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- Palomar Holdings first-quarter 2026 earnings call drew Chairman and Chief Executive Officer Mac Armstrong, Chief Financial Officer Chris Uchida, President Jon Christianson.
- Adjusted net income rose to USD 63.1 million, or USD 2.31 per share; gross written premium increased 42% to USD 629.8 million; adjusted combined ratio was 76%.
- Full-year adjusted net income guidance lifted to USD 262 million-USD 278 million; outlook still assumes USD 8 million-USD 12 million of catastrophe losses.
- Board authorized new two-year USD 200 million share repurchase program; 190,255 shares repurchased in quarter for USD 23.1 million, with another 38,875 shares bought through May 5 for USD 4.2 million.
- Commercial Earthquake pricing remained under pressure with roughly 18% rate declines on renewals; management expects declines to persist through 2026 while Residential Earthquake stays stable, posting about 97% retention on flagship admitted product.
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 11, 2026, and is solely responsible for the information contained therein.
