Palomar’s Q3 NWP climbs by 53.5% to $94.3mn
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Palomar’s Q3 NWP climbs by 53.5% to $94.3mn

Palomar logo La Jolla California jt.jpg

Palomar Holdings saw solid growth in the third quarter as the carrier reduced its underwriting loss and saw a 53.5% jump in its net written premiums.

Palomar’s adjusted diluted earnings also turned positive in the quarter to $0.07 per share.

The carrier’s third-quarter combined ratio dropped by 54 points to 102.8%,

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