Palomar Q2 net income rises 13% to $52.6 million; initial $0.45 quarterly dividend
Palomar Holdings reported second quarter 2026 net income of $52.6 million, or $1.94 per diluted share, up from $46.5 million, or $1.68, a year earlier, on gross written premiums up 27.0% to $630.5 million. Its loss ratio rose to 34.5% from 25.7%, and its combined ratio rose to 83.3% from 78.8%. The board also declared an initial quarterly cash dividend of $0.45 per share, and the company expects full-year 2026 adjusted net income of $270 million to $280 million.
Key points
- Net income $52.6 million, or $1.94 per diluted share, versus $46.5 million, or $1.68, in Q2 2025
- Gross written premiums rose 27.0% to $630.5 million; loss ratio was 34.5% versus 25.7%
- Adjusted net income $63.8 million, or $2.36 per diluted share, versus $48.5 million, or $1.76
- Full-year 2026 adjusted net income outlook of $270 million to $280 million; initial $0.45 dividend payable September 2, 2026 to holders of record August 19, 2026
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
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