Brief: Palomar Holdings Inc Announces Successful Completion Of June 1 Reinsurance Renewal

Palomar Holdings

31/05/2022 21:22

May 31 (Reuters) - Palomar Holdings Inc  PLMR.O :
    * PALOMAR HOLDINGS, INC. ANNOUNCES SUCCESSFUL COMPLETION OF
JUNE 1
REINSURANCE RENEWAL
    * PALOMAR HOLDINGS INC - PROCURED ABOUT $430 MILLION OF
INCREMENTAL LIMIT FOR EARTHQUAKES AND $200 MILLION OF
INCREMENTAL WINDSTORM LIMIT
    * PALOMAR HOLDINGS INC - REINSURANCE COVERAGE NOW EXHAUSTS
AT
$2.08 BILLION FOR EARTHQUAKE EVENTS AND $900 MILLION FOR
HURRICANE EVENTS
    * PALOMAR HOLDINGS INC - MAINTAINED ITS CATASTROPHE EVENT
RETENTION OF $12.5 MILLION FOR ALL PERILS

Source text for Eikon:  ID:nGNXgdrJM 
Further company coverage:  PLMR.O