Palomar raises full-year adjusted net income outlook to $270M-$280M
Reuters2026/08/11 12:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Palomar forecast full-year adjusted net income of $270 million-$280 million, lifting its prior outlook.
- Guidance assumes $8 million-$12 million of catastrophe losses.
- Q2 gross written premium reached $630.5 million, up 27% year over year.
- Q2 adjusted net income was $63.8 million, up 31% year over year; adjusted ROE was 26%.
- Modeling points to a Q3 seasonal peak in earned premium; full-year adjusted combined ratio expected in the mid-70s.
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 August 11, 2026, and is solely responsible for the information contained therein.
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