Private equity firm Genstar is to sell at least another 18 percent stake in the Nasdaq-listed parent of earthquake insurer Palomar, with another 3 percent to be sold by the company in the primary portion of the offering.
Genstar to sell up to 21% Palomar stake
![palomar-logo-plain.jpg](https://assets.euromoneydigital.com/dims4/default/a27ed90/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F74%2F34%2F5884e9d39d32753d602c7ed99edb%2Fpalomar-logo-plain.jpg)