Palomar premiums leap 45% in Q1 to $104mn
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Palomar premiums leap 45% in Q1 to $104mn

Bernard Goyder
May 05, 2021
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Palomar logo La Jolla California jt.jpg

Palomar Holdings grew spectacularly in the first quarter of the year, as the carrier nearly doubled its presence in the commercial lines market, while adjusted net income jumped 56.5% to $19mn.

Gross written premiums rose by 45% to $103.6mn in the quarter, as the company’s commercial quake cover and inland marine insurance gained traction in a hardening market.

Adjusted

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Bernard Goyder
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