secwatch.observer — SEC 8-K summary
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Issuer:     Palomar Holdings, Inc. (PLMR)
CIK:        0001761312
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001558370-22-009675
Event type: other_material
Sentiment:  positive
Materiality: 0.72
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palomar completes $430M earthquake and $200M windstorm reinsurance renewal for June 1, 2022
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- Procured $430M incremental earthquake limit and $200M incremental windstorm limit.
- Total reinsurance coverage now $2.08B for earthquake, $900M for hurricane events.
- Maintained retention of $12.5M per catastrophe event; aggregate cover renewed April 1.
- Issued $275M catastrophe bond (Torrey Pines Re 144A), total outstanding bond capacity $675M.
- Added 9 new reinsurers, panel now 84, all rated A- or better or fully collateralized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761312/000155837022009675/0001558370-22-009675-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761312/000155837022009675/plmr-20220531x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-009675

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