Palomar ups Q3 cat loss estimate to $17.5mn

03 November 2021

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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),...

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Palomar ups Q3 cat loss estimate to $17.5mn

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

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Palomar ups Q3 cat loss estimate to $17.5mn

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

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Fuel a smarter strategy with our actionable market intelligence

Topics

Quaestio launches ILS multi-manager fund with $138mn AuM

Blue Ridge cat bond safe as NCFB notifies $270mn Helene loss

Leadenhall details $609.5mn loss in A-CAP and 777 Partners court filings

Bermuda reinsurer Mereo poised for launch after ~$650mn raise

Study shows ILW trades using hurricane forecasts outperform 20%-170%