Vesttoo controversy immaterial for Palomar, probably a net positive: CEO
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Vesttoo controversy immaterial for Palomar, probably a net positive: CEO

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Palomar’s exposure to Vesttoo is “immaterial”, according to CEO David Armstrong, and the issue could be a “net positive” for its business.

Only one counterparty has exposure and the company is looking into whether that exposure “goes beyond trust”, but even so, the impact would be immaterial, he told analysts during the company’s Q2 2023 earnings call.

The

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