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Palomar Holdings, Inc. PLMR Inland Marine — Ceded Premiums Written

Other product segments

Fronting Premium
$312.17M-8.0%
Crop
$109.98M+808%
Casualty
$86.12M+135%
Earthquake Premiums
$42.47M+42.9%

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$50M-16.7%
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ACGLReinsurance — Ceded Premiums Written
$1.24B+5.1%

Other financials

Income statement

See full
Revenue$314.4M+54.7%
Net income$52.6M+13.0%
EPS (diluted)$1.94+15.5%

Balance sheet

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Cash & equivalents$62.7M-22.9%
Total debt$295.8M
Total equity$980.9M+15.8%
Total assets$4.0B+40.0%

Cash flow

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Operating cash flow$167.2M+38.3%
CapEx$416.0K+1,334%
Free cash flow$166.8M+38.0%

Valuation

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Market cap$3.6B+15.3%
Enterprise value$3.83B
P/E18.6×-2.5×
P/S3.3×-1.3×

Profitability

See full
Net margin17.8%-3.9pp
FCF margin38%-17.8pp

Returns & leverage

See full
Return on equity21.2%-0.3pp
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 source filing: Palomar Holdings, Inc.’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:54 PM EST
Fiscal year
FY2025
Accession
0001193125-26-067364
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Casualty$235,119$86,120$36,677
Fronting203,813312,173339,376
Crop176,200109,97512,110
Inland Marine and Other Property145,223103,863108,409
Earthquake43,89142,46629,708
Total$804,246$654,597$526,280

Item 1: Financial Statements

FAQ

What is Palomar Holdings, Inc.'s inland marine — ceded premiums written?
Palomar Holdings, Inc. (PLMR) reported inland marine — ceded premiums written of $36.31M in Q4 2025.
How has Palomar Holdings, Inc.'s inland marine — ceded premiums written changed year-over-year?
Palomar Holdings, Inc.'s inland marine — ceded premiums written increased by 39.8% year-over-year, from $25.97M to $36.31M.
What is the long-term trend for Palomar Holdings, Inc.'s inland marine — ceded premiums written?
Over 4 years (2021 to 2025), Palomar Holdings, Inc.'s inland marine — ceded premiums written has grown at a 50.4% compound annual growth rate (CAGR), from $28.39M to $145.22M.
What does inland marine — ceded premiums written mean?
This metric represents the portion of gross premiums written for the Inland Marine insurance segment that is transferred to reinsurers. It reflects the company's strategy for risk mitigation and capital management by offloading potential losses to third-party providers. Monitoring this figure helps investors understand the cost of reinsurance and the net risk retention profile within this specific specialty line.

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