Palomar Holdings, Inc.

Palomar Holdings, Inc.

Palomar Holdings, Inc.

Overview
Date Founded

2013

Headquarters

7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, 92037, USA

Type of Company

Public

Employees (Worldwide)

77

Industries

Insurance: Property & Casualty

Company Description

Palomar Holdings, Inc. operates as an insurance holding company. It focuses on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. The firm offers property and casualty insurance. The company was founded on October 4, 2013 and is headquartered in La Jolla, CA.

Executives & Employees

Chief Operating Officer

Chief Technology Officer

Chief Strategy Officer

Chief Legal Officer

Chief Underwriting Officer

President

Chief Accounting Officer

Chief Talent & Diversity Officer

Senior Vice President-Corporate Development & Strategy

Board of Directors

Founder at Palomar Holdings, Inc.

Director at Wound Care Technologies, Inc.

Individual Investor & Advisor at Crimson Leaf Capital LLC

Chief Financial Officer at Hitachi Vantara Corp.

Managing Partner at Brewer Lane Ventures

Head of International Insurance Operations at Everest National Insurance Co.

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Owners & Shareholders
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CPR AM is an active, quantitative-oriented manager which follows a flexible investment approach that draws on value, growth and arbitrage investment styles. They specialize in fixed-income funds and also manage diversified and equity products. The firm invests in money-market instruments, equity, diversified products and fixed income. Asset allocation focuses on countries and sectors, focusing on the French, mid-cap European and emerging European markets. CPR AM's investment approach for diversified products relies on flexible tactical asset allocation. They invest in credit spreads and inflation-linked bonds following market-neutral strategies based on top-down fundamental analysis. Their blue-chip equity investment approach is bottom-up and opportunistic, and does not follow a particular investment style. CPR AM's Research Department performs the stock allocation, selection, risk management, and investment solutions.

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Stephens Investment Management Group We are pleased to announce that the Board of Trustees of Professionally Managed Portfolios has approved a plan of reorganization whereby the Stephens Small Cap Growth Fund and Stephens Mid Cap Growth Fund will reorganize into the American Beacon Family of Funds. The new fund names will be the American Beacon Stephens Small Cap Growth Fund and the American Beacon Stephens Mid Cap Growth Fund. The new Funds are designed to be substantially similar from an investment perspective as their predecessors. Stephens Investment Management Group, LLC (“SIMG”), will continue to manage the day-to-day portfolio as the sub-adviser to the American Beacon Funds. By engaging SIMG as a sub-adviser, American Beacon Advisers will be able to provide shareholders continuity of the portfolio management team that has been responsible for the Stephens Funds’ performance records since the inception of each of the Funds. The portfolio managers of SIMG who are primarily responsible for the day-to-day portfolio management of each of the Stephens Funds will remain the same

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BPIM manages the BP Pension Fund which aims to achieve long-term growth. They take a risk-adjusted approach to monitoring the portfolio for stewardship purposes. Consequently, the firm aims to focus on highest-value holdings, which are material to the performance of the Fund, and/or the investee company. BPIM invest in UK and international equities in addition to real estate and a small proportion of bonds and cash. Most of the fund's equities and bonds are quoted on recognized stock exchanges or are part of pooled investment vehicles. The objective is to outperform a customized benchmark on a rolling five-year basis. The firm utilizes a combination of top-down and bottom-up analysis. Top-down analysis is used to evaluate economies and industries while the bottom-up analysis guides the stock selection process. Investment decisions are based on extensive fundamental analysis.

Recent Transactions
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Palomar Holdings, Inc. issued USD Common Stock

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Palomar Holdings, Inc. issued USD Common Stock

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Palomar Holdings, Inc. issued USD Common Stock

Insider Transactions
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Advised onPalomar Holdings, Inc. issued USD Common Stock

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Advised onPalomar Holdings, Inc. issued USD Common Stock

Underwriter

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Professional

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Underwriter

Advised onPalomar Holdings, Inc. issued USD Common Stock

President

Advised onPalomar Holdings, Inc. issued USD Common Stock

Key Stats and Financials As of 2019
Market Capitalization
$2.85B
Total Enterprise Value
$1.1B
Earnings Per Share
$0.49
Revenue
$113M
Net Profit
$10.6M
Total Equity
$219M
Total Debt
$0
Enterprise Value / Sales
9.73x
TEVNet Income
103.8x
Debt TEV
0x
Three Year Compounded Annual Growth Rate Of Revenue
38.44%
Investors
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Genstar focuses on middle market companies headquartered in North America. The firm invests in targeted segments of the healthcare, financial services, software and industrial technology industries. They partner with management teams and take control positions & serves on the boards.

Suppliers
Government of China Holding Companies | Beijing, China

Government of China operates executive offices. It offers information and services for its country. It provides services for travel, business, studies, work, immigrating, marriage, adoptions, and other country related issues. It handles all the different government agencies of the country, including office of the president, central government, and local government. Its website offers information guides about the country. It is located in Beijing, China.

RenaissanceRe Holdings Ltd. Insurance: Property & Casualty | Pembroke, Bmu

Founded in Bermuda in 1993, RenaissanceRe is now one of the world’s largest and most successful reinsurers of natural and man-made catastrophes. We have also established a significant franchise as a specialty reinsurer for a wide range of coverages. We participate selectively in the insurance market through RenaissanceRe Syndicate 1458 at Lloyd’s. In addition, we create and manage joint ventures and structured products that enable others to partner with us and invest alongside us. Our largest joint ventures include DaVinci Reinsurance Ltd. and Top Layer Reinsurance Ltd. Our management expertise, disciplined underwriting approach, sophisticated risk models and responsive client service have earned us a reputation for excellence throughout our industry. This success has also led us to achieve a consistent record of exceptional financial performance for RenaissanceRe’s shareholders.

Genstar Capital Management LLC Private Equity & Venture Capital | San Francisco, CA

Genstar focuses on middle market companies headquartered in North America. The firm invests in targeted segments of the healthcare, financial services, software and industrial technology industries. They partner with management teams and take control positions & serves on the boards.

Competitors
Chubb Ltd. Insurance: Property & Casualty - Switzerland

Chubb Ltd. operates as a holding company, which engages in the provision of commercial and personal property and casualty insurance, personal accident and supplemental health insurance (A&H), reinsurance, and life insurance. It operates through the following geographical segments: North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance, and Life Insurance. The North America Commercial P&C Insurance segment comprises operations that provide P&C insurance and services to large, middle market, and small commercial businesses in the U.S., Canada, and Bermuda. The North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services. The Global Reinsurance segment markets reinsurance products worldwide under the Chubb Tempest Re brand name and provides solutions for small to mid-sized clients and multinational ceding companies. The Overseas General Insurance segment comprises Chubb International and Chubb Global Markets. The Life Insurance segment comprises Chubb's international life operations, Chubb Tempest Life Re, and the North American supplemental A&H and life business of Combined Insurance. The company was founded on January 14, 2016 and is headquartered in Zurich, Switzerland.

AIG Other Insurance Services - Washington, DC

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG traces its root to 1919, when American Cornelius Vander Starr established a general insurance agency, American Asiatic Underwriters, in Shanghai, China. Since then, an enterprising spirit, ingenuity, and tenacity have built the company into one of the world’s leading insurers. Today, AIG is focused on what it has been known for since the beginning: the willingness and ability to provide insurance coverage to meet the diverse needs of its clients.

Zurich Insurance Group AG Insurance: Property & Casualty - Zurich, Switzerland

Zurich is one of the world’s leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With about 60,000 employees serving customers in more than 170 countries, we aspire to become the best global insurer as measured by our shareholders, customers and employees. We help individuals, small- and medium-sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions and advisory services.

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