---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-018461"
form_type: "8-K"
ticker: "PLMR"
cik: "0001761312"
company_name: "Palomar Holdings, Inc."
filed_at: "2024-05-28T23:59:59+00:00"
generated_at: "2026-06-01T08:08:40.139748+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Palomar raises FY2024 adj. net income guidance to $122M-$128M; reinsurance renewal completed

## Summary
- FY2024 adjusted net income guidance raised to $122M-$128M from $113M-$118M.
- Reinsurance coverage extended to $3.06B for earthquake, $735M for Hawaii hurricane, $117.5M for continental U.S. hurricane.
- Per-occurrence retention reduced to $15.5M for hurricane (from $17.5M) and remains $20M for earthquake.
- $420M of earthquake limit sourced via new catastrophe bond Torrey Pines Re Series 2024-1, the fifth ILS sponsored.
- Reinsurance panel of 90 reinsurers/ILS investors, all A- or better or fully collateralized; $895M multi-year ILS capacity.

## SEC filing metadata
- accession: 0001437749-24-018461
- form_type: 8-K
- ticker: PLMR
- cik: 0001761312
- company_name: Palomar Holdings, Inc.
- filed_at: 2024-05-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761312/000143774924018461/0001437749-24-018461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761312/000143774924018461/plmr20240528c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-018461
- JSON: https://secwatch.observer/filing/0001437749-24-018461.json
- Plain text: https://secwatch.observer/filing/0001437749-24-018461.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.