Palomar completes reinsurance renewal with $430mn earthquake cover
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Palomar completes reinsurance renewal with $430mn earthquake cover

Samuel Casey
01 June 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
cracked road concrete close up

Californian carrier Palomar has secured $430mn of earthquake insurance and a further $200mn of incremental windstorm cover in reinsurance renewals incepting on 1 June.

The insurer now has reinsurance coverage exhausting $2.08bn for earthquake events and $900mn for hurricane events, which the company said provides “adequate headroom” to support growth initiatives while covering worst-case losses.

The

Request a free trial:

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
Request a free trial Already a subscriber? Login now

Topics

News
sam casey/sam casey ii ils.png
Samuel Casey
Senior Reporter
Contact
Gift this article