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Palomar announces completion of certain California earthquake programs
The Fly

Palomar announces completion of certain California earthquake programs

Palomar announced the successful completion of certain reinsurance programs covering California earthquake risk. The company renewed its California Commercial Earthquake quota share program, increasing the cession percentage, and secured additional earthquake excess of loss limit. In total, Palomar has secured approximately $50M of incremental limit to capitalize on opportunities it sees in the residential and commercial earthquake insurance markets.

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