Palomar’s Q2 gross written premiums jump by 54% to $192.4mn
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Palomar’s Q2 gross written premiums jump by 54% to $192.4mn

Palomar logo La Jolla California jt.jpg

Palomar Holdings saw excellent growth in the second quarter as the carrier grew its underwriting income and doubled its gross written premiums from the prior year, jumping 54.5% to $192.4mn.

The company’s second quarter losses and combined ratio were impacted by $3.9mn of reinsurance charges from Texas’s Winter Storm Uri.

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