Palomar Holdings, Inc. PLMR Payables for reinsurance premiums

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FAQ

What is Palomar Holdings, Inc.'s payables for reinsurance premiums?

Palomar Holdings, Inc. (PLMR) reported payables for reinsurance premiums of $295.43M in Q2 2026.

How has Palomar Holdings, Inc.'s payables for reinsurance premiums changed year-over-year?

Palomar Holdings, Inc.'s payables for reinsurance premiums increased by 0.5% year-over-year, from $293.97M to $295.43M.

What is the long-term trend for Palomar Holdings, Inc.'s payables for reinsurance premiums?

Over 5 years (2020 to 2025), Palomar Holdings, Inc.'s payables for reinsurance premiums has grown at a 64.9% compound annual growth rate (CAGR), from $22.23M to $271.41M.

What does payables for reinsurance premiums mean?

This represents the portion of reinsurance premiums payable that is classified as a non-current liability, indicating obligations to reinsurers due beyond the next twelve months. It reflects the company's long-term commitment to ceding risk and the associated financial obligations under reinsurance contracts. Monitoring this balance helps assess the company's long-term reinsurance strategy and the duration of its risk-transfer arrangements.