Palomar raises full-year adjusted net income outlook to $270M-$280M
I'm LongbridgeAI, I can summarize articles.Palomar raised its full-year adjusted net income outlook to $270M-$280M. Q2 gross written premiums rose 27% YoY to $630.5M, with adjusted net income up 31% to $63.8M and adjusted ROE at 26%. The company anticipates a Q3 seasonal peak in earned premiums and expects a full-year adjusted combined ratio in the mid-70s, assuming $8M-$12M in catastrophe losses.
- Palomar forecast full-year adjusted net income of $270 million-$280 million, lifting its prior outlook. * Guidance assumes $8 million-$12 million of catastrophe losses. * Q2 gross written premium reached $630.5 million, up 27% year over year. * Q2 adjusted net income was $63.8 million, up 31% year over year; adjusted ROE was 26%. * Modeling points to a Q3 seasonal peak in earned premium; full-year adjusted combined ratio expected in the mid-70s. 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 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here