Palomar completes commercial earthquake quota share
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Palomar completes commercial earthquake quota share

palomar_logo_earthquake_2023.png

Californian insurer Palomar has secured approximately $50mn of additional reinsurance limit for residential and commercial earthquake insurance markets.

The company announced on Tuesday that it had successfully renewed its commercial earthquake quota-share program, increasing the cession percentage, and secured additional earthquake excess-of-loss (XoL) limit.

It

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