Palomar Holdings, Inc.: Business Overview, Financials & Competitive Analysis
Palomar Holdings, Inc. scores 8/10 on the AskCyborg Cyborg Score (Exceptional). Palomar has delivered standout performance with earnings growing ~61% YoY and revenue rising ~53% YoY, underscoring exceptional underwriting execution and demand momentum in specialty lines. Palomar's net premiums earned growth of 38.9% annualized over five years significantly outpaces the broader insurance industry, accelerating to 52.3% annually over the past.
What is Palomar Holdings, Inc.'s industry? Palomar Holdings, Inc. (plmr.com) operates in Property & Casualty Insurance. AskCyborg classifies Palomar Holdings, Inc. under Property & Casualty Insurance in its company registry.
Palomar Holdings, founded in 2013 to fill gaps in catastrophe insurance markets, is a specialty insurance provider that offers property and casualty insurance products in underserved markets, with a focus on earthquak...
Cyborg Score thesis
Palomar has delivered standout performance with earnings growing ~61% YoY and revenue rising ~53% YoY, underscoring exceptional...
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Get Current Report FreePalomar Holdings, Inc. Overview
Pro stress-test →Palomar Holdings, founded in 2013 to fill gaps in catastrophe insurance markets, is a specialty insurance provider that offers property and casualty insurance products in underserved markets, with a focus on earthquake coverage. In 2024, the company generated revenue of $553.86 million (+47.3% YoY) and earnings of $117.57 million (+48.5% YoY).
Strategic Profile
Pro stress-test →Palomar's annualized revenue growth of 52.6% over the last two years exceeds its five-year trend, signaling strong and accelerating demand in specialty lines. The company reported Q4 2025 results beating Wall Street expectations, with sales up 62.7% year-on-year to $253.4 million. PLMR is positioned as a top specialty insurer with strong growth in underserved, high-risk markets, especially earthquake and inland marine coverage.
Competitive Landscape
Pro stress-test →Palomar competes in the specialty property and casualty insurance market for individuals and businesses in the United States. The company differentiates through focus on underserved, catastrophe-exposed markets, particularly earthquake and inland marine coverage, competing against larger regional and national insurers with niche product expertise.
Industry Context
Palomar Holdings, Inc. operates in Property & Casualty Insurance.
Key facts
Founded: 2013 · Headquarters: La Jolla, California · Revenue: $553.86B · Market cap: N/A