Palomar Specialty seeks $400mn of US quake coverage
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Palomar Specialty seeks $400mn of US quake coverage

California is the initial covered area but, following a reset, all US states will be covered.

By Jai Singh
April 30, 2024
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palomar_logo_earthquake_2023.png

Palomar Specialty is seeking $400mn of earthquake protection with its Torrey Pines Re catastrophe bond, this publication understands.

Coverage is provided on indemnity, per-occurrence trigger.

California

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