C
Palms Specialty Ins Co
Rating Date
June 2026
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
1.64
Risk Adjusted
Capital Ratio #2
1.07
Loss
Ratio
66.27%
Total
Assets
1.31B
Capital
627.60M
Net
Premiums
388.99M
Net
Income
43.42M
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Weiss Ratings Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Rating C
Capitalization Index 7.10
Investment Safety Index --
Liquidity Index 7.00
Profitability Index 5.30
Reserve Adequacy Index 4.80
Stability Index 4.60
Company Info Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Industry P&C
NAIC Number 17327
Phone Number (561) 304-5532
Website www.palms-insurance.com
Address 700 Universe Boulevard Juno Beach, FL 33408
Balance Sheet Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Total Assets 1.31B
Capital and Reserves Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Risk-Adjusted Capital Ratio #1 1.64
Risk-Adjusted Capital Ratio #2 1.07
1-Year Reserve Development 1.89%
2-Year Reserve Development 3.05%
Capital 627.60M
Premium to Surplus 61.98%
Reserves to Surplus 55.90%
Investments Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 9.43%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Medical Loss Ratio --
Cash From Underwriting 182.25%
Combined Ratio 94.39%
Expense Ratio 28.11%
Loss Ratio 66.27%
Net Premium Growth 42.35%
Other Medical Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Palms Specialty Ins Co
Juno Beach, FL 		Click to
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Net Income 43.42M
Net Premium 388.99M
Health Premium --