Palomar Holdings reports Q3 net income of $51.5 million

Reuters11-07

<a href="https://laohu8.com/S/PLMR">Palomar Holdings</a> reports Q3 net income of $51.5 million

Palomar Holdings Inc. reported net income of $51.5 million, or $1.87 per diluted share, for the third quarter of 2025, up from $30.5 million, or $1.15 per diluted share, in the third quarter of 2024. Adjusted net income was $55.2 million, or $2.01 per diluted share, compared to $32.4 million, or $1.23 per diluted share, a year earlier. Gross written premiums increased 43.9% to $597.2 million from $415.0 million in the same period last year. Net earned premiums rose 66.0% year over year. During the quarter, Palomar's crop franchise outperformed initial estimates in written premium, and the company announced the acquisition of The Gray Casualty and Surety Company. Investments in Crop and Surety are highlighted as drivers for long-term growth and portfolio diversification.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Palomar Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-269606), on November 06, 2025, and is solely responsible for the information contained therein.

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Adjusted net income was $55.2 million, or $2.01 per diluted share, compared to $32.4 million, or $1.23 per diluted share, a year earlier. Gross written premiums increased 43.9% to $597.2 million from $415.0 million in the same period last year. Net earned premiums rose 66.0% year over year. During the quarter, Palomar's crop franchise outperformed initial estimates in written premium, and the company announced the acquisition of The Gray Casualty and Surety Company. Investments in Crop and Surety are highlighted as drivers for long-term growth and portfolio diversification.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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