PLMR

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

Palomar Holdings, Inc. Reports Third Quarter 2026 Results

LA JOLLA, Calif. (November 4, 2026) — Palomar Holdings, Inc. (Nasdaq:PLMR) (“Palomar” or “Company”) reported net income of $65.3 million, or $2.42 per diluted share, for the third quarter of 2026 compared to net income of $51.5 million, or $1.87 per diluted share, for the third quarter of 2025. Adjusted net income(1) was $81.3 million, or $3.01 per diluted share, for the third quarter of 2026 as compared to $55.2 million, or $2.01 per diluted share, for the third quarter of 2025.

Third Quarter 2026 Highlights

• Gross written premiums increased by 28.4% to $767.0 million compared to $597.2 million in the third quarter of 2025

• Net income increased 27.0% to $65.3 million compared to $51.5 million in the third quarter of 2025

• Adjusted net income(1) increased 47.4% to $81.3 million compared to $55.2 million in the third quarter of 2025

• Diluted earnings per share increased by 29.4% to $2.42 compared to $1.87 in the third quarter of 2025

• Diluted adjusted earnings per share(1) increased by 49.8% to $3.01 compared to $2.01 in the third quarter of 2025

• Total loss ratio of 41.5% compared to 32.3% in the third quarter of 2025

• Combined ratio of 80.8% compared to 78.1% in the third quarter of 2025

• Adjusted combined ratio(1) of 76.3% compared to 74.8% in the third quarter of 2025

• Annualized return on equity of 26.6% compared to 23.9% in the third quarter of 2025

• Annualized adjusted return on equity(1) of 33.1% compared to 25.6% in the third quarter of 2025

(1) See discussion of “Non-GAAP and Key Performance Indicators” below.

Mac Armstrong, Chairman and Chief Executive Officer, commented, “Palomar’s third quarter of 2026 was exceptional; highlighted by record gross written premium and adjusted net income, our 16th consecutive earnings beat and the fourth increase to our 2026 adjusted net income guidance range. Profitable growth anchors Palomar 2X. This quarter’s 47% growth in adjusted net income and 33% adjusted return on equity demonstrate our ability to deliver on that strategy in a dynamic insurance market.”

Mr. Armstrong continued, “We were especially pleased with written premium growth across all five product categories this quarter: Earthquake, Inland Marine and Property, Casualty, Crop and Surety & Credit. Our “one-of-one” specialty product portfolio is well positioned across market cycles, and this quarter reflected the ballast, diversity and overall strength in the book. It continues to position Palomar for long-term success and shareholder value creation.”

Underwriting Results

Gross written premiums increased 28.4% to $767.0 million compared to $597.2 million in the third quarter of 2025, while net earned premiums increased 62.3% compared to the prior year’s third quarter.

Losses and loss adjustment expenses for the third quarter were $151.6 million, comprised of $147.2 million of attritional losses and $4.5 million of catastrophe losses from hurricane and flood events in Hawaii and flood events in the Midwest. The loss ratio for the quarter was 41.5%, comprised of an attritional loss ratio of 40.3% and a catastrophe loss ratio(1) of 1.2% compared to a loss ratio of 32.3% during the same period last year comprised of an attritional loss ratio of 31.5% and a catastrophe loss ratio(1) of 0.8%. Additionally, our third quarter results include $4.0 million of attritional unfavorable prior year development primarily related to Crop losses reallocated between calendar years.

Underwriting income(1) for the third quarter was $70.2 million resulting in a combined ratio of 80.8% compared to underwriting income of $49.2 million resulting in a combined ratio of 78.1% during the same period last year. The Company’s adjusted underwriting income(1) was $86.5 million, an increase of 52.6%, resulting in an adjusted combined ratio(1) of 76.3% in the third quarter compared to adjusted underwriting income(1) of $56.7 million and an adjusted combined ratio(1) of 74.8% during the same period last year. The Company’s adjusted combined ratio excluding catastrophe losses(1) was 75.1% compared to 74.0% during the same period last year.

Investment Results

Net investment income increased by 53.8% to $22.4 million compared to $14.6 million in the prior year’s third quarter. The increase was primarily due to higher yields on invested assets and a higher average balance of investments held during the three months ended September 30, 2026 due to cash generated from operations. The weighted average duration of the fixed-maturity investment portfolio, including cash equivalents, was 4.61 years at September 30, 2026. Cash and invested assets totaled $1.8 billion at September 30, 2026. During the third quarter, the Company recorded $2.7 million net realized and unrealized losses related to its investment portfolio as compared to net realized and unrealized gains of $3.5 million during th

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EX-99.1

Exhibit 99.1

Palomar Holdings, Inc. Reports Second Quarter 2026 Results

LA JOLLA, Calif. (August 4, 2026) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $52.6 million, or $1.94 per diluted share, for the second quarter of 2026 compared to net income of $46.5 million, or $1.68 per diluted share, for the second quarter of 2025. Adjusted net income(1) was $63.8 million, or $2.36 per diluted share, for the second quarter of 2026 as compared to $48.5 million, or $1.76 per diluted share, for the second quarter of 2025.

Second Quarter 2026 Highlights

• Gross written premiums increased by 27.0% to $630.5 million compared to $496.3 million in the second quarter of 2025

• Net income increased 13.0% to $52.6 million compared to $46.5 million in the second quarter of 2025

• Adjusted net income(1) increased 31.4% to $63.8 million compared to $48.5 million in the second quarter of 2025

• Diluted earnings per share increased by 15.5% to $1.94 compared to $1.68 in the second quarter of 2025

• Diluted adjusted earnings per share(1) increased by 34.1% to $2.36 compared to $1.76 in the second quarter of 2025

• Total loss ratio of 34.5% compared to 25.7% in the second quarter of 2025

• Combined ratio of 83.3% compared to 78.8% in the second quarter of 2025

• Adjusted combined ratio(1) of 76.7% compared to 73.1%, in the second quarter of 2025

• Annualized return on equity of 21.7% compared to 22.7% in the second quarter of 2025

• Annualized adjusted return on equity(1) of 26.3% compared to 23.7% in the second quarter of 2025

(1) See discussion of “Non-GAAP and Key Performance Indicators” below.

Mac Armstrong, Chairman and Chief Executive Officer, commented, “The second quarter of 2026 was another strong one for Palomar; highlighted by record adjusted net income, our 15th consecutive earnings beat and the third increase to our full-year adjusted net income guidance. Gross written premium increased 27% year-over-year, adjusted net income grew 31%, adjusted earnings per share grew 34%, adjusted combined ratio was 77% and our adjusted return on equity was 26% - all outstanding results. Bolstering our financial performance were several operational achievements including the launch of the PLMR.Farm, our innovative crop policy administration system, and exceptional new additions to our team. These results demonstrate our ability to execute in a dynamic insurance market while maintaining discipline in underwriting and capital allocation.

Mr. Armstrong continued, “Our strong and consistent earnings, attractive returns and healthy balance sheet provide ample capacity to not only invest in the businesses driving our Palomar 2X strategy but also return capital to shareholders. As such our Board authorized the introduction of a quarterly dividend of $0.45 per share. Importantly, the dividend does not change our growth strategy or the execution of Palomar 2X; it only enhances our ability to create shareholder value.”

Underwriting Results

Gross written premiums increased 27.0% to $630.5 million compared to $496.3 million in the second quarter of 2025, while net earned premiums increased 59.5% compared to the prior year’s second quarter.

Losses and loss adjustment expenses for the second quarter were $99.0 million, comprised of $99.4 million of attritional losses, offset by $0.4 million of favorable development on catastrophe events. The loss ratio for the quarter was 34.5%, comprised of an attritional loss ratio of 34.6% and a catastrophe loss ratio(1) of -0.1% compared to a loss ratio of 25.7% during the same period last year comprised entirely of attritional losses. Additionally, our second quarter results include $14.1 million of attritional and $0.2 million of catastrophe loss favorable prior year development. The majority of the attritional loss prior year favorability related to Inland Marine and Property lines and previous years’ Crop results.

Underwriting income(1) for the second quarter was $48.0 million resulting in a combined ratio of 83.3% compared to underwriting income of $38.3 million resulting in a combined ratio of 78.8% during the same period last year. The Company’s adjusted underwriting income(1) was $67.0 million, an increase of 38.4%, resulting in an adjusted combined ratio(1) of 76.7% in the second quarter compared to adjusted underwriting income(1) of $48.4 million and an adjusted combined ratio(1) of 73.1% during the same period last year. The Company’s adjusted combined ratio excluding catastrophe losses(1) was 76.8% compared to 73.1% during the same period last year.

Investment Results

Net investment income increased by 49.2% to $20.0 million compared to $13.4 million in the prior year’s second quarter. The increase was primarily due to higher yields on invested assets and a higher average balance of investments held during the three months ended June 30, 2026 due to cash generated from operations. The w

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EX-99.1

Exhibit 99.1

Palomar Holdings, Inc. Reports First Quarter 2026 Results

LA JOLLA, Calif. (May 6, 2026) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $42.9 million, or $1.57 per diluted share, for the first quarter of 2026 compared to net income of $42.9 million, or $1.57 per diluted share, for the first quarter of 2025. Adjusted net income(1) was $63.1 million, or $2.31 per diluted share, for the first quarter of 2026 as compared to $51.3 million, or $1.87 per diluted share, for the first quarter of 2025.

First Quarter 2026 Highlights

• Gross written premiums increased by 42.4% to $629.8 million compared to $442.2 million in the first quarter of 2025

• Net income increased 0.1% and was $42.9 million in both quarters

• Adjusted net income(1) increased 23.1% to $63.1 million compared to $51.3 million in the first quarter of 2025

• Total loss ratio of 33.3% compared to 23.6% in the first quarter of 2025

• Catastrophe loss ratio(1) of 0.1% compared to (0.3)% in the first quarter of 2025

• Combined ratio of 84.5% compared to 73.1% in the first quarter of 2025

• Adjusted combined ratio(1) of 76.0% compared to 68.5%, in the first quarter of 2025

• Annualized return on equity of 18.1% compared to 22.6% in the first quarter of 2025

• Annualized adjusted return on equity(1) of 26.6% compared to 27.0% in the first quarter of 2025

(1) See discussion of “Non-GAAP and Key Performance Indicators” below.

Mac Armstrong, Chairman and Chief Executive Officer, commented, “The first quarter was another demonstration of our sustained profitable growth. Our unique, ‘one of one’ specialty products portfolio is purposely built to generate consistent earnings and compelling margins in any market cycle. The combination of Palomar’s mix of personal and commercial lines products written on both an admitted and excess and surplus basis, and strong growth from our Crop and Surety franchises made for a great start to the year.”

Mr. Armstrong continued, “Importantly, our growth wasn’t limited to one product set. In fact, we grew across all five categories, including Earthquake, this quarter. I’m happy to share that our profits and capital efficiency stayed strong in the first quarter, with an adjusted combined ratio of 76% and an adjusted return on equity of 27%.”

Underwriting Results

Gross written premiums increased 42.4% to $629.8 million compared to $442.2 million in the first quarter of 2025, while net earned premiums increased 59.3% compared to the prior year’s first quarter.

Losses and loss adjustment expenses for the first quarter were $87.1 million, comprised of $86.8 million of attritional losses and $0.3 million of catastrophe losses. The loss ratio for the quarter was 33.3%, comprised of an attritional loss ratio of 33.2% and a catastrophe loss ratio(1) of 0.1% compared to a loss ratio of 23.6% during the same period last year comprised of an attritional loss ratio of 23.9% and a catastrophe loss ratio(1) of (0.3)%. Additionally, our first quarter results include $7.6 million of attritional and $2.7 million of catastrophe loss favorable prior year development, 2.9 points and 1.0 point of loss ratio favorability respectively, primarily from our short tail Inland Marine and Property business.

Underwriting income(1) for the first quarter was $40.5 million resulting in a combined ratio of 84.5% compared to underwriting income of $44.1 million resulting in a combined ratio of 73.1% during the same period last year. The Company’s adjusted underwriting income(1) was $62.8 million, an increase of 21.6%, resulting in an adjusted combined ratio(1) of 76.0% in the first quarter compared to adjusted underwriting income(1) of $51.6 million and an adjusted combined ratio(1) of 68.5% during the same period last year. The Company’s adjusted combined ratio excluding catastrophe losses(1) was 75.9% compared to 68.9% during the same period last year.

Investment Results

Net investment income increased by 49.0% to $18.0 million compared to $12.1 million in the prior year’s first quarter. The increase was primarily due to higher yields on invested assets and a higher average balance of investments held during the three months ended March 31, 2026 due to cash generated from operations. The weighted average duration of the fixed-maturity investment portfolio, including cash equivalents, was 4.21 years at March 31, 2026. Cash and invested assets totaled $1.6 billion at March 31, 2026. During the first quarter, the Company recorded $1.9 million net realized and unrealized losses related to its investment portfolio as compared to net realized and unrealized losses of $2.3 million during the same period last year.

1

Tax Rate

The effective tax rate for the three months ended March 31, 2026 was 19.7% compared to 20.1% for the three months ended March 31, 2025. For the current quarter, the Company’s income tax rate differed from the statutory ra