Palomar completes reinsurance renewal with $550mn earthquake limit
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Palomar completes reinsurance renewal with $550mn earthquake limit

Jairo Ibarra
30 May 2023
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Californian carrier Palomar has completed its June 1 reinsurance renewal with around $550mn of earthquake limit.

The firm said $200mn of the new limit was sourced through its recently issued cat bond Torrey Pines Re, which was upsized earlier this month from $150mn.

The

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News Re/insurers Renewals Catastrophe bonds Hurricane
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Jairo Ibarra
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