Palomar Holdings Q3 net income rises 27% to $65.3 million
Palomar Holdings reported third quarter 2026 net income of $65.3 million, or $2.42 per diluted share, up from $51.5 million, or $1.87, a year earlier. Gross written premiums rose 28.4% to $767.0 million, but the loss ratio increased to 41.5% from 32.3%, and the combined ratio rose to 80.8% from 78.1%. The company now expects full-year 2026 adjusted net income of $280 million to $285 million, and its CEO said this was the fourth increase to the adjusted net income guidance range this year.
Key points
- Net income of $65.3 million, or $2.42 per diluted share, versus $51.5 million, or $1.87, in Q3 2025
- Gross written premiums up 28.4% to $767.0 million; loss ratio 41.5% versus 32.3%; combined ratio 80.8% versus 78.1%
- Full-year 2026 adjusted net income outlook of $280 million to $285 million, including $8 million to $12 million of catastrophe losses
- Board declared a quarterly cash dividend of $0.45 per share, payable December 2, 2026, to holders of record as of November 17, 2026
The filing
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
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