Palomar Holdings Reports Record Q3 Adjusted Net Income and Raises Full-Year Guidance
Palomar Holdings (PLMR) reported a strong third quarter, achieving record gross written premiums and a record adjusted net income of $81.3 million. This performance marks the company's 16th consecutive earnings beat, signaling consistent operational strength. Looking ahead, the company has provided full-year adjusted net income guidance in the range of $280 million to $285 million. This projection accounts for an estimated catastrophe loss assumption between $8 million and $12 million.
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