secwatch.observer — SEC 8-K summary
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Issuer:     Palomar Holdings, Inc. (PLMR)
CIK:        0001761312
Form:       8-K
Filed at:   2022-06-15T23:59:59+00:00
Accession:  0001558370-22-010025
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palomar outlines 'Palomar 2X' plan to double underwriting income; targets >20% ROE
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- Introduced Palomar 2X framework aiming to double underwriting income organically over an intermediate timeframe.
- Targets adjusted ROE above 20% and industry-leading profit margins.
- Q1 2022 GWP of $171M; E&S division accounted for 39% of total with $67M GWP.
- Fronting segment targets $80–$100M GWP in 2022 after $30M in Q1 2022.
- Catastrophe aggregate limit of $25M excess $30M establishes ~14% adjusted ROE floor for 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761312/000155837022010025/0001558370-22-010025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761312/000155837022010025/plmr-20220615x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-010025

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