PALOMAR HOLDINGS INC (PLMR)
Financials · NASDAQ
Palomar Holdings is a specialty property and casualty insurance company offering innovative coverage solutions across five product categories: Earthquake, Inland Marine and Property, Casualty, Crop, and Surety & Credit.
What PALOMAR HOLDINGS INC does
Palomar Holdings is a specialty property and casualty insurance company offering innovative coverage solutions across five product categories: Earthquake, Inland Marine and Property, Casualty, Crop, and Surety & Credit. The company leverages proprietary data analytics and a modern technology platform to provide customized, granular pricing for both admitted and excess and surplus lines markets. Palomar distributes products through retail agents, program administrators, wholesale brokers, and strategic partnerships, backed by comprehensive reinsurance coverage to reduce earnings volatility. Founded in 2014, the company has grown gross written premiums from $16.6 million to $2.0 billion with a 55% compound annual growth rate and has been profitable since 2016.
Themes: ["Specialty property and casualty insurance","Earthquake insurance / seismic risk","Excess and surplus (E&S) lines","Data-driven underwriting and pricing","Crop / agricultural insurance","Surety bonds and credit insurance","Catastrophe risk transfer / reinsurance","Digital insurance platform"]
Fundamentals
- Price$139.18 as of 2026-07-09 close
- Market cap$3.7B as of 2026-07-10
- 1-year return-3.6% as of 2026-07-09 close
- P/E18.58 as of 2026-07-10
- Net margin+20.3% as of 2026-07-10
- ROE+21.7% as of 2026-07-10
- Debt / equity0.31 as of 2026-07-10
- Revenue growth (YoY)+59.1% as of 2026-07-10
- Revenue CAGR (3y)+38.9% SEC XBRL
- Beta0.41 as of 2026-07-10
Key risks (from latest filing)
["Catastrophic loss exposure: concentrated portfolio in earthquake and natural catastrophe risks, particularly California, could result in significant claims exceeding reinsurance coverage","Reinsurance dependency: reliance on reinsurance partners to manage risk; cost of reinsurance can be volatile and capacity may be constrained during catastrophic events","Competitive and regulatory pressures: intensifying competition from larger generalist carriers and state-managed entities; changes in state insurance regulations could impact admitted market pricing flexibility"]
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.