Personal Insurance

Palomar secures $410m of reinsurance from Torrey Pines Re 2026-1 catastrophe bond

Palomar Insurance Holdings has now successfully priced its seventh catastrophe bond sponsorship, securing $410 million of capital markets backed California earthquake and Hawaii named storm reinsurance from its new issuance, Artemis can report.Palomar has now sponsored new catastrophe bonds for six years in a row, as its debut cat bond in 2017 was four years prior to the second in 2021. The insurer began its cat bond journey in 2017,.. Read More

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