Every material Form 8-K Palomar Holdings filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Palomar Holdings reported third-quarter 2025 net income of $51.5 million, or $1.87 per diluted share, up from $30.5 million, or $1.15 per diluted share, a year earlier. Adjusted net income rose 70% to $55.2 million, and the company raised its full-year 2025 adjusted net income outlook to $210 million to $215 million from $198 million to $208 million, which is a positive signal for shareholders.
Q3 2025 diluted EPS was $1.87 versus $1.15 in Q3 2024; adjusted diluted EPS was $2.01 versus $1.23
Gross written premiums rose 43.9% to $597.2 million from $415.0 million
Full-year 2025 adjusted net income outlook raised to $210 million to $215 million from $198 million to $208 million
Conference call scheduled for Friday, November 7, 2025, at 12:00 p.m. Eastern Time
Palomar Holdings agreed on October 27, 2025 to buy all equity of The Gray Casualty & Surety Company, a contract surety insurer, for $300 million in cash, subject to customary adjustments. The deal is expected to close in the first half of 2026, subject to regulatory approvals and other closing conditions, and Palomar says it strengthens its surety business.
Purchase price of $300 million in cash, subject to customary closing adjustments
Expected to close in the first half of 2026, pending HSR and other regulatory approvals
Agreement can be terminated if closing has not occurred by March 27, 2026, extendable to May 27, 2026
Gray Surety is licensed in 50 states and operates 13 regional offices
Palomar Holdings reported second quarter 2025 net income of $46.5 million, or $1.68 per diluted share, up from $25.7 million, or $1.00 per share, a year earlier. It also raised its full-year 2025 adjusted net income outlook to $198 million to $208 million and approved a share repurchase program of up to $150 million through July 31, 2027.
Q2 2025 gross written premiums rose 28.8% to $496.3 million; adjusted net income rose 51.8% to $48.5 million ($1.76 per diluted share).
Combined ratio improved to 78.8% from 79.1%; adjusted return on equity was 23.7%, down from 24.7% a year earlier.
Full-year 2025 adjusted net income outlook raised to $198 million to $208 million from $195 million to $205 million.
Board approved a repurchase program of up to $150 million of common stock, effective July 31, 2025, running through July 31, 2027.
Palomar Holdings reported first quarter 2025 net income of $42.9 million, or $1.57 per diluted share, up from $26.4 million, or $1.04, a year earlier. The company also raised its full-year 2025 adjusted net income outlook to $186 million to $200 million, from $180 million to $192 million, which is favorable for shareholders.
Net income was $42.9 million, or $1.57 per diluted share, versus $26.4 million, or $1.04, in Q1 2024
Adjusted net income rose 84.6% to $51.3 million; gross written premiums grew 20.1% to $442.2 million
Full-year 2025 adjusted net income outlook raised to $186 million to $200 million from $180 million to $192 million
Expenses associated with transactions were $2.1 million in the quarter, tied to the acquisition of Advanced AgProtection
Palomar Holdings reported fourth-quarter 2024 net income of $35.0 million, or $1.29 per diluted share, up from $25.9 million, or $1.02, a year earlier. Adjusted net income rose 47.5% to $41.3 million, and the company expects full-year 2025 adjusted net income of $180 million to $192 million, compared with $133.5 million in 2024.
Q4 2024 gross written premiums rose 23.3% to $373.7 million, and net earned premiums rose 54.6%.
Q4 2024 diluted adjusted EPS was $1.52, versus $1.11 in Q4 2023; the combined ratio was 75.9%, versus 74.2%.
Q4 2024 catastrophe losses were $8.1 million, primarily related to Hurricane Milton.
For full-year 2025, the company expects adjusted net income of $180 million to $192 million, including $8 million to $12 million of catastrophe losses.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Palomar Holdings filing is on SEC EDGAR ↗. 8-K briefs of other companies →