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Palomar reports Q2 adjusted EPS 86c, consensus 83c

Reports Q2 revenue $90.4M, consensus $94.2M. Gross written premiums increased by 25.4% to $274.3 million compared to $218.7 million in the second quarter of 2022. Total loss ratio of 21.5% compared to 17.9% in the second quarter of 2022 Combined ratio of 79.0% compared to 75.1% in the second quarter of 2022.

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