Palomar is an insurance holding company. Through its subsidiaries, Co. provides specialty insurance to residential and commercial customers. Co. uses proprietary data analytics and a technology platform to provide its customers products with customized and granular pricing on an admitted basis. Co. distributes its products through multiple channels, including retail agents, program administrators, wholesale brokers, and partnership with other insurance companies. Co.'s primary lines of business include: Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, and Residential Flood. The PLMR average annual return since 2019 is shown above.
The Average Annual Return on the PLMR average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PLMR average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PLMR average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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