Palomar publishes transcript of Q2 2026 earnings call
I'm LongbridgeAI, I can summarize articles.Palomar Holdings raised its full-year adjusted net income guidance to USD 270-280 million, reporting Q2 adjusted net income of USD 63.8 million. The company initiated a quarterly dividend of USD 0.45 per share and repurchased shares worth USD 41 million. While crop outlook premiums were lifted above USD 400 million for 2026, commercial earthquake pricing faced pressure with rates down over 20% in large layered business.
- Palomar transcript from its 2Q26 earnings call, attended by Chairman and CEO Mac Armstrong, CFO Chris Uchida, President Jon Christianson. * Raised full-year adjusted net income guidance to USD 270 million-280 million; 2Q adjusted net income USD 63.8 million, EPS USD 2.36. * Started a quarterly dividend of USD 0.45 per share; repurchased 368,719 shares for USD 41 million at an average USD 111. * Crop outlook lifted to more than USD 400 million of 2026 premium; 2026 crop year booked near 100% net combined ratio early in year. * Commercial earthquake pricing remained under pressure; average rate down more than 20% in large layered/shared business, small commercial down low double digits. 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 on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here