Palomar Holdings, Inc. reported a 27% increase in net income to $65.3 million for Q3 2026, with adjusted net income rising 47.4% to $81.3 million. The company saw a 28.4% growth in gross written premiums to $767 million, driven by gains across all product categories including Crop and Surety & Credit. Despite a higher loss ratio due to catastrophe events, Palomar maintained strong underwriting income and improved return on equity to 26.6%. The company reaffirmed its 2026 adjusted net income guidance of $280-$285 million, signaling confidence in continued profitable growth.
Palomar Holdings, Inc. reported its third quarter 2026 results. For readers following the Financials sector, here is Pluang's market snapshot as of Nov 05, 2026 04:11 WIB: out of 142 priced US Financials stocks, 96 rose and 46 fell. Notable movers include CleanSpark Inc (CLSK) at USD 6.88 with a 1-day change of -15.58%, Upstart Holdings Inc (UPST) at USD 23.40 up 9.50%, and Riot Platforms Inc (RIOT) at USD 15.35 up 9.45%.
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