Palomar completes reinsurance renewal with $430mn earthquake cover
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Palomar completes reinsurance renewal with $430mn earthquake cover

Samuel Casey
June 01, 2022
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Californian carrier Palomar has secured $430mn of earthquake insurance and a further $200mn of incremental windstorm cover in reinsurance renewals incepting on 1 June.

The insurer now has reinsurance coverage exhausting $2.08bn for earthquake events and $900mn for hurricane events, which the company said provides “adequate headroom” to support growth initiatives while covering worst-case losses.

The

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Samuel Casey
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