Sep 12, 2023 / 02:30PM GMT
Tracy Dolin-Benguigui - Barclays Bank PLC, Research Division - Director & Senior Equity Research Analyst
Okay. I'm going to kick things off. Everyone, I'm Tracy Benguigui, insurance analyst at Barclays. And I'm pleased to host fireside chat with Palomar. My steamed panelists are Mac Armstrong, Chairman, CEO; Chris Uchida, CFO. I thought the best place to start, Mac, if you could just give some high-level overview of what you're seeing in the market.
D. McDonald Armstrong - Palomar Holdings, Inc. - Founder, CEO & Chairman of the Board
Yes, terrific. Thank you, Tracy, for having us. It's great to be here. I think overarchingly what we're seeing in the market is, for Palomar, simply put opportunity. We write 40% of our book is earthquake -- in the earthquake market. We are seeing dislocation on both the residential and the commercial side, in the teeth of a hard reinsurance market and a challenging overall property insurance segment, which is a great opportunity for us.
And then additionally, as we look at across our 4 other
Palomar Holdings Inc at Barclays Global Financial Services Conference Transcript
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