Palomar utilises reinsurance to offset Hurricane Ian loss

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Reinsurance News - Oct 21, 2022

Palomar has said that it is to use its reinsurance cover to offset losses arising from Hurricane Ian in Q3 2022. The firm said that it was looking at estimated pre-tax catastrophe losses of $12.5m, net of reinsurance, for the third quarter of 2022. This is a full-retention loss for Palomar, which me...

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