Palomar Holdings, Inc. - Common stock (PLMR) News

Palomar Holdings, Inc. - Common stock (PLMR): $88.38

1.39 (-1.55%)

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Palomar estimates $12.5M loss from Hurricane Ian for Q3

  • Palomar Holdings (NASDAQ:PLMRestimates pretax catastrophe losses of $12.5M from Hurricane Ian for the third quarter.
  • The losses from Hurricane Ian also result in additional ceded reinsurance premium of $3.1 million, with $1.3 million recognized in the third quarter of 2022 and the remaining $1.8 million recognized ratably from October 1, 2022 to May 31, 2023, the company said.
  • Seeking Alpha | October 20, 2022


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