D
Palomar Specialty Ins Co
Rating Date
April 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
0.50
Risk Adjusted
Capital Ratio #2
0.30
Loss
Ratio
21.00%
Total
Assets
1.33B
Capital
518.09M
Net
Premiums
409.79M
Net
Income
67.54M
My Lists My Alerts
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
4
2
6
33.33%
22.82%
2022
0
0
0
0.00%
23.10%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
85
2
87
2.30%
47.27%
2022
38
0
38
0.00%
45.41%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
0
0
0
0.00%
38.64%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
1,212
23
1,235
1.86%
36.96%
2022
1,335
114
1,449
7.87%
37.08%
2021
1,130
1,461
2,591
56.39%
39.17%
2020
881
1,077
1,958
55.01%
35.42%
2019
206
424
630
67.30%
35.34%
2018
123
348
471
73.89%
34.35%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
166
185
351
52.71%
74.81%
2022
120
72
192
37.50%
73.22%
2021
1
35
36
97.22%
79.01%
2020
0
0
0
0.00%
80.13%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
11
0
11
0.00%
16.34%
2022
18
0
18
0.00%
11.13%
2021
2
1
3
33.33%
18.93%
2020
0
0
0
0.00%
20.93%
2019
1
0
1
0.00%
16.90%
2018
0
0
0
0.00%
11.94%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
0
1
1
100.00%
44.64%
2022
0
0
0
0.00%
46.15%
2021
0
0
0
0.00%
46.87%
Product Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
0
0
0
0.00%
68.07%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2023
1,721
113
1,834
6.16%
35.70%
2022
55
5
60
8.33%
37.14%
2021
0
0
0
0.00%
35.46%