Palomar ups Q3 cat loss estimate to $17.5mn
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
  • Free trial
  • Log in

Palomar ups Q3 cat loss estimate to $17.5mn

Rachel Dalton
03 November 2021
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Print
Palomar logo La Jolla California jt.jpg

Californian carrier Palomar has revised up its Q3 pre-tax cat loss estimate from $15.5mn to $17.5mn.

In an announcement yesterday, the carrier said the net losses were due to hurricanes Ida and Nicholas, as well as a $5mn loss from an excess liability indemnity policy related to losses incurred by Pacific Gas and Electric (PG&E),...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Catastrophe losses Claims and losses Stocks Hurricane Commercial E&S
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article