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

Issuer:     Palomar Holdings, Inc. (PLMR)
CIK:        0001761312
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001558370-23-007844
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palomar Q1 net income $17.3M ($0.68); gross premiums up 46% YoY
---------------------------------------------------------------

- Net income $17.3M vs $14.5M YoY; adjusted net income $20.4M ($0.80 diluted EPS).
- Gross written premiums $250.1M (+46.3% YoY); combined ratio 77.9% (adj. 73.3%).
- Full-year 2023 adjusted net income guidance reaffirmed at $86M-$90M.
- Secured ~$188M incremental excess-of-loss reinsurance for earthquake book.
- Repurchased 134,680 shares for $6.8M; $58.8M remains under $100M authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761312/000155837023007844/0001558370-23-007844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761312/000155837023007844/plmr-20230503x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-007844

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