secwatch.observer — SEC 8-K summary
======================================

Issuer:     Palomar Holdings, Inc. (PLMR)
CIK:        0001761312
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001558370-22-007050
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palomar Q1 net income $14.5M ($0.56/diluted); gross written premiums up 65% to $170.9M
--------------------------------------------------------------------------------

- GAAP net income $14.5M ($0.56 diluted EPS); adjusted net income $17.6M ($0.68 diluted).
- Gross written premiums $170.9M, +65% YoY; net earned premiums +61.6%. Record residential earthquake new business.
- Combined ratio 76.5% (adjusted 72.1%) vs 60.4% (53.3%) in Q1 2021; catastrophe loss ratio 0.6% vs -20.5%.
- Full-year 2022 adjusted net income guidance $80M-$85M.
- Repurchased 219,061 shares for $13.0M under $100M authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761312/000155837022007050/0001558370-22-007050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761312/000155837022007050/plmr-20220504x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-007050

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