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Palomar Holdings, Inc. PLMR Crop — Ceded Premiums Written

Other product segments

Fronting Premium
$312.17M-8.0%
Inland Marine
$103.86M-4.2%
Casualty
$86.12M+135%
Earthquake Premiums
$42.47M+42.9%

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HGCeded Premiums Written
$286.45M+19.6%
Jackson Financial logo
JXNCeded Premiums Earned
$52.75M-4.5%
Primerica logo
PRICeded Premiums Written
$414.86M+1.1%
Kemper logo
KMPRCeded Premiums Earned
$4.33M-47.7%

Other financials

Income statement

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Revenue$278.9M+59.7%
Net income$42.9M+0.1%
EPS (diluted)$1.570.0%

Balance sheet

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Cash & equivalents$56.5M-52.6%
Total debt$297.4M
Total equity$959.0M+21.3%
Total assets$3.6B+48.9%

Cash flow

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Operating cash flow$47.0M-46.1%
CapEx--100%
Free cash flow$47.0M-46.0%

Valuation

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Market cap$3.08B-12.8%
Enterprise value$3.32B
P/E16.1×-10.8×
P/S3.1×-2.6×

Profitability

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Net margin19.5%-2.0pp
FCF margin37.6%-14.0pp

Returns & leverage

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Return on equity21.8%+1.5pp
Debt / equity0.3×

Where this comes from

Reported directly by Palomar Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CededPremiumsWritten.

The official record: Palomar Holdings, Inc.’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Palomar Holdings, Inc.'s crop — ceded premiums written?
Palomar Holdings, Inc. (PLMR) reported crop — ceded premiums written of $44.05M in Q4 2025.
How has Palomar Holdings, Inc.'s crop — ceded premiums written changed year-over-year?
Palomar Holdings, Inc.'s crop — ceded premiums written increased by 60.2% year-over-year, from $27.49M to $44.05M.
What does crop — ceded premiums written mean?
This metric quantifies the portion of premiums from the crop insurance segment that the company transfers to reinsurers to mitigate risk exposure. High levels of ceded premiums indicate a strategy of offloading volatility to third parties, which impacts net underwriting results and capital efficiency. Monitoring this helps investors understand the company's net retention strategy and the cost of risk transfer for this specific business line.