NASDAQ: PLMR Palomar Holdings, Inc. 8-K

Palomar raises 2026 guidance to $270M-$280M, declares first quarterly dividend of $0.45

Filed August 11, 2026 · Period ending August 10, 2026 · ~1 min read

Key Changes

high

Raised full-year 2026 adjusted net income guidance to $270M-$280M (27% growth at midpoint), implying adjusted ROE above 20% target with $8M-$12M expected catastrophe losses.

Exhibit 99.1 view on EDGAR →
high

Declared first quarterly dividend of $0.45 per share, payable September 2, 2026, marking the company's inaugural quarterly distribution to shareholders.

Exhibit 99.1 view on EDGAR →
high

Q2 2026: GWP $630.5M (up 27% YoY), adjusted net income $63.8M (up 31% YoY), adjusted ROE 26.3%, adjusted combined ratio 76.7%, marking 15th consecutive quarter beating consensus adjusted EPS.

Exhibit 99.1 view on EDGAR →
high

Completed June 1st reinsurance renewal with 14 treaties at improved or similar economics; issued seventh Torrey Pines Re cat bond securing $410M multi-year protection at ~15% lower risk-adjusted pricing.

Exhibit 99.1 view on EDGAR →
medium

Repurchased 368,700 shares for $41.0M during Q2 2026; total earthquake coverage increased to $3.92B including $1.23B via cat bond program.

Exhibit 99.1 view on EDGAR →

Summary

Palomar Holdings reported strong Q2 2026 results and raised its full-year adjusted net income guidance to $270 million-$280 million, representing approximately 27% growth at the midpoint. The company delivered its 15th consecutive quarter of beating consensus adjusted EPS, with Q2 adjusted net income of $63.8 million (up 31% year-over-year) and an adjusted ROE of 26.3%.

Gross written premium grew 27% to $630.5 million, while the adjusted combined ratio of 76.7% reflects continued underwriting discipline. The company announced its first quarterly dividend of $0.45 per share, payable September 2, 2026, marking a shift in capital allocation alongside its ongoing share repurchase program ($41.0 million in Q2).

Palomar successfully completed its June 1st reinsurance renewal, placing 14 treaties at improved or similar economics and issuing its seventh catastrophe bond securing $410 million of multi-year protection at approximately 15% lower risk-adjusted pricing. Total earthquake coverage increased to $3.92 billion with a $20 million per-occurrence retention. The raised guidance implies adjusted ROE above the company's 20% target for the full year, with expected catastrophe losses of $8 million-$12 million. The combination of strong underwriting performance, improved reinsurance economics, and the inaugural dividend signals management's confidence in sustained profitability and capital generation.

Section-by-Section Diff

Event · Item 7.01 — Regulation FD Disclosure

~73 words

Palomar updated its corporate presentation for investor and analyst meetings.

1 Added

Show 1 minor / wording change

Added Corporate presentation update low

Added in current filing · verify on EDGAR →

On August 10, 2026, Palomar Holdings, Inc. (the “Company”) updated its corporate presentation that it uses for presentations at conferences and to analysts, current stockholders, and others.

The company refreshed its standard investor presentation materials. This is a routine disclosure under Regulation FD to ensure all investors have access to the same presentation content used in meetings with analysts and at conferences.

Event · Exhibit 99.1

~5,000 words View exhibit on EDGAR ↗

3 Added

Added Q2 2026 earnings and guidance raise high

Added in current filing · view on EDGAR →

Gross written premium (GWP) of $630.5M; 27% YoY growth Adjusted net income of $63.8M, 31% YoY growth Adjusted return on equity of 26% Adjusted combined ratio of 77% 15 consecutive quarters of beating consensus adjusted EPS Successfully executed June 1st reinsurance renewal; $3.92 billion of total Earthquake limit Repurchased 368.7K shares for $41.0M Announced first quarterly dividend of $0.45 per share, payable September 2, 2026 Raised full year adjusted net income guidance: $270M - $280M

Palomar reported strong Q2 2026 results with gross written premium of $630.5 million (up 27% year-over-year) and adjusted net income of $63.8 million (up 31% year-over-year). The company raised its full-year adjusted net income guidance to $270 million - $280 million, representing approximately 27% growth at the midpoint. The company also announced its first quarterly dividend of $0.45 per share payable September 2, 2026, and repurchased 368,700 shares for $41.0 million during the quarter.

Added June 1st reinsurance renewal high

Added in current filing · view on EDGAR →

Successfully executed June 1st reinsurance renewal; $3.92 billion of total Earthquake limit ... Completed 14 placements in the quarter— five Casualty and nine Property treaties All treaties renewed at improved or similar economics relative to expiring Casualty quota shares renewed at higher ceding commissions while maintaining expiring cession percentages Issued seventh Torrey Pines Re catastrophe bond securing $410M of collateralized multi-year protection Includes a first-time standalone Hawaii Hurricane tranche Pricing ~15% down on a risk-adjusted basis Secured incremental Property capacity for Builders Risk, Construction Engineering, and Excess National Property Expands our ability to offer larger limits and opens new admitted market retail distribution channels Earthquake reinsurance program: Total ground-up earthquake coverage increased to approximately $3.92B Includes $1.23B of earthquake limit via Torrey Pines Re catastrophe bond program $20M per occurrence retention All perils excluding earthquake subject to separate reinsurance tower Total Continental US Hurricane coverage to $135M $11M per occurrence retention Standalone Laulima XOL treaty To total coverage to $865M Includes $50M of limit via Torrey Pines Re catastrophe bond program $1.5M per occurrence retention

Palomar completed its June 1st reinsurance renewal, placing 14 treaties (five Casualty, nine Property) at improved or similar economics. The company issued its seventh Torrey Pines Re catastrophe bond securing $410 million of multi-year protection, including a first-time standalone Hawaii Hurricane tranche, with pricing approximately 15% down on a risk-adjusted basis. Total earthquake coverage increased to approximately $3.92 billion with a $20 million per occurrence retention, while Continental US Hurricane coverage totals $135 million with an $11 million retention.

Added Q2 2026 financial metrics high

Added in current filing · view on EDGAR →

Gross written premiums $ 630,456 $ $ 496,288 $ 134,168 27.0 27.0 % $ 1,260,284 $ 938,452 $ 321,832 34.3 % ... Net earned premiums 286,951 179,958 106,993 59.5 59.5 % 548,389 344,029 204,360 59.4 % ... Net income $ 52,592 $ $ 46,528 $ 6,064 13.0 % $ 95,539 $ 89,450 $ 6,089 6.8 % ... Adjusted net income (1) $ 63,768 $ $ 48,532 $ 15,236 31.4 % $ 126,904 $ 99,837 $ 27,067 27.1 % ... Annualized adjusted return on equity (1) 26.3 % 23.7 % 26.4 % 25.3 % % ... Adjusted combined ratio (1) 76.7 % 73.1 % 76.3 % 70.9 % %

For Q2 2026, Palomar reported gross written premiums of $630.5 million (up 27.0% year-over-year), net earned premiums of $287.0 million (up 59.5%), and GAAP net income of $52.6 million (up 13.0%). Adjusted net income was $63.8 million (up 31.4%), with an annualized adjusted return on equity of 26.3% and an adjusted combined ratio of 76.7%. For the six months ended June 30, 2026, gross written premiums totaled $1.26 billion (up 34.3%) and adjusted net income was $126.9 million (up 27.1%).