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 Torrey Pines Re Ltd. (Series 2026-1) issuance, Artemis can report.
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Palomar Insurance Holdings has raised the target to as much as $410 million of capital markets backed California earthquake and Hawaii named storm reinsurance from its new Torrey Pines Re Ltd. (Series 2026-1) catastrophe bond issuance, sources have told Artemis.
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Palomar Insurance Holdings has returned to the catastrophe bond market to sponsor its seventh issuance, with an initial $375 million target for a source of capital markets backed California earthquake and Hawaii named storm reinsurance from a new Torrey Pines Re Ltd. (Series 2026-1) deal, Artemis has learned.
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