Palomar CR ticks up to 77.9% on higher cat losses as GPW spikes

Published: Thu 4 May 2023

Increased catastrophe losses nudged Palomar Holdings’ Q1 2023 combined ratio up by 1.4 points to 77.9 percent while the La Jolla, California-based carrier’s gross premiums written (GPW) soared 46.3 percent to $250.1mn.