📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Palomar Holdings Inc

Common Name
Palomar Holdings
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
253
Ticker
PLMR
Exchange
NASDAQ/NGS
Website
plmr.com
Description
Palomar Holdings Inc. is a specialty insurance company that focuses on providing tailored insurance products for residential and commercial clients. The company's primary function is to underwrite cat...

Palomar Holdings's Financial Statements Preview

Below are the financial statements of Palomar Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Interested in getting early access to our real-time standardized financial datafeed?
Learn More
All figures in thousands of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets——
Investments——
Fixed maturity securities available for sale, at fair value
939,046a
643,799a
Equity securities, at fair value
40,529a
43,160a
Equity method investment
2,277a
2,617a
Other investments
5,863a
0a
Total investments
987,715a
689,576a
Cash and cash equivalents
80,438a
51,546a
Restricted cash
101a
306a
Accrued investment income
8,440a
5,282a
Premium receivable
305,724a
261,972a
Deferred policy acquisition costs, net of ceding commissions and fronting fees
94,881a
60,990a
Reinsurance recoverable on paid losses and loss adjustment expenses
47,076a
32,172a
Reinsurance recoverable on unpaid losses and loss adjustment expenses
348,083a
244,622a
Ceded unearned premiums
276,237a
265,808a
Prepaid expenses and other assets
91,086a
72,941a
Deferred tax assets, net
8,768a
10,119a
Property and equipment, net
429a
373a
Goodwill and intangible assets, net
13,242a
12,315a
Total assets
2,262,220a
1,708,022a
Liabilities and stockholders' equity——
Liabilities——
Accounts payable and other accrued liabilities
70,079a
42,376a
Reserve for losses and loss adjustment expenses
503,382a
342,275a
Unearned premiums
741,692a
597,103a
Ceded premium payable
190,168a
181,742a
Funds held under reinsurance treaty
27,869a
13,419a
Income taxes payable
0a
7,255a
Borrowings from credit agreements
0a
52,600a
Total liabilities
1,533,190a
1,236,770a
Stockholders' equity——
Preferred stock
0a
0a
Common stock
3a
3a
Additional paid-in capital
493,656a
350,597a
Accumulated other comprehensive loss
-26,845a
-23,991a
Retained earnings
262,216a
144,643a
Total stockholders' equity
729,030a
471,252a
Total liabilities and stockholders' equity
2,262,220a
1,708,022a
Download Data

Verified Sources Behind Palomar Holdings’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Palomar Holdings’s data sources below and access millions more through our Disclosure Search.

a. Palomar Holdings's Annual Report 2024
a. Palomar Holdings's Annual Report 2024
Real-Time & Standardized Financials

Access Standardized Financial Statements within Minutes of Disclosure

Tracenable is building real-time standardized financial datafeeds and APIs covering global equities. Unlike limited and inconsistent XBRL parsing, our approach aims to deliver clean, comparable, and fully traceable data seconds after publication.

Could this solution support your investment or analytical workflows?