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0.000834028356964089 0.00185154295246034 -0.000166805671392794 -0.0202218515429524 -0.00850708924103416 -0.0175145954962468 -0.0146788990825688 -0.0255212677231026
Stock impact report

AM Best Affirms Credit Ratings of Palomar Holdings, Inc. and Its Member Companies

Palomar Holdings, Inc. - Common stock (PLMR) 
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm Check Earnings Report
Company Research Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” of Palomar Holdings, Inc. (Palomar) [NASDAQ: PLMR] (Delaware), the ultimate parent and insurance holding company of Palomar Specialty Insurance Company (PSIC) (headquartered in La Jolla, CA) and Palomar Specialty Reinsurance Company Bermuda Ltd. (Palomar Re) (Bermuda). Concurrently, AM Best has affirmed the Financial Strength Ratings (FSR) of A- (Excellent) and the Long-Term ICR of “a-” of PSIC and Palomar Re. The outlook of these Credit Ratings (ratings) is stable. PSIC and Palomar Re are members of Palomar.The ratings reflect Palomar’s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.Palomar completed an initial public offering (IPO) on April 17, 2019 and raised $87.4 million of incremental capital. Concurrently, Palomar contributed $40 Show less Read more
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