Palomar beats on Q2 earnings and raises FY guidance

Palomar Holdings reported adjusted net income that climbed 47 percent to $32.0mn, or $1.25 a share for the second quarter, representing a solid beat on Wall Street consensus of $1.09 a share as the carrier also reported strong top line growth of 40 percent with gross written premiums hitting $385.2mn.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com