secwatch.observer — SEC 8-K summary
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Issuer:     Palomar Holdings, Inc. (PLMR)
CIK:        0001761312
Form:       8-K
Filed at:   2025-05-29T23:59:59+00:00
Accession:  0001437749-25-018799
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palomar raises FY2025 adj net income guidance to $195-205M; secures $455M incremental EQ limit
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- Full-year 2025 adjusted net income guidance raised to $195-205M from $186-200M.
- Procured ~$455M incremental earthquake limit; total coverage now $3.53B for EQ, $100M for hurricane.
- Hurricane per-occurrence retention reduced to $11M from $15.5M; earthquake retention unchanged at $20M.
- $525M Torrey Pines Re catastrophe bond issued (sixth ILS transaction), upsized from $425M target.
- First standalone XOL treaty for Laulima Exchange Hawaii hurricane policies, up to $735M coverage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761312/000143774925018799/0001437749-25-018799-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761312/000143774925018799/plmr20250529_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-018799

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer