Reinsurance News

HCI Group

HCI’s total aggregate XoL reinsurance increases to $4.1bn for 2026-27 treaty year

1st June 2026

Insurance holding company HCI Group, Inc. has completed its catastrophe reinsurance programs for the 2026-2027 treaty year, securing $4.06 billion in aggregate excess of loss (XoL) limit for the period, representing a 16% increase from the prior treaty year. HCI secured three reinsurance towers for the 2026-2027 treaty year, which runs ... Read the full article

HCI’s gross premiums earned hit $326m for Q1’26

11th May 2026

HCI Group, Inc., a Tampa-based insurance holding company, reported gross premiums earned of $326 million for the first quarter of 2026, compared with $300 million in Q1’25, driven by a higher volume of insurance policies in force. For the quarter, premiums ceded for reinsurance were $104 million compared to $100 million ... Read the full article

HCI reports significant rise in net income to $108m in Q4’25

27th February 2026

HCI Group, Inc., a Tampa-based insurance holding company, has reported a significant 2,512.4% increase in net income to $108 million in the fourth quarter of 2025, compared with $4 million in the same period a year earlier. For the quarter, pre-tax income amounted to $144 million, up from $6 million in ... Read the full article

HCI’s Q3’25 gross premiums earned rise by 13% to $301.1m

10th November 2025

HCI Group, Inc., a Tampa-based holding company primarily engaged in property and casualty insurance through its subsidiaries, reported a 13% rise in gross premiums earned for the third quarter of 2025 to $301.1 million from $265.5 million in Q3’24, driven by a higher volume of policies in force. For the quarter, ... Read the full article

HCI is well positioned in a competitive Florida market: COO Karin Coleman

13th August 2025

Karin Coleman, Chief Operating Officer (COO) at HCI Group, described the environment in Florida as a healthy one, stating that the company is well-positioned in a competitive market with strong capital, as well as “the people and the technology to make the right decisions.” During HCI Group's Q2 2025 earnings call, ... Read the full article

HCI Group posts strong Q2’25 results with 15% premium growth

8th August 2025

HCI Group, Inc., a Tampa-based holding company primarily engaged in property and casualty insurance through its subsidiaries, reported strong financial results for the second quarter of 2025, driven by disciplined underwriting and improved loss ratios. The company posted net income after non controlling interests of $66.2 million, up from $54.1 million ... Read the full article

HCI lifts reinsurance limit to over $3.5bn at June 1 renewal

3rd June 2025

HCI Group, a Tampa-based insurance holding company specialising in property and casualty coverage, has finalised its catastrophe reinsurance programme for the 2025-2026 treaty year, which runs from June 1, 2025, through May 31, 2026, securing more than $3.5 billion in limit. Last year, the insurer secured $2.7 billion ... Read the full article

HCI’s gross premiums earned up 17% to $300m in Q1’25

9th May 2025

Florida-domiciled insurtech HCI Group, Inc. has reported a 17% rise in consolidated gross premiums earned to $300.4 million for the first quarter of 2025, up from $256.6 million in Q1 2024, driven primarily by assumptions of policies from Citizens Property Insurance Corporation, the state’s insurer of last resort. For Q1’25, HCI ... Read the full article

HCI Group reveals new structure to enhance efficiency and strategic focus

3rd March 2025

HCI Group, Inc., a holding company primarily focused on property and casualty insurance, has announced a refined organisational structure designed to better align with its long-term strategic goals. The company will now operate through two distinct units, each with its own dedicated management team and clear operational objectives. “Each operating unit is ... Read the full article

HCI reports gross premiums earned increase of 38% in Q4’24

28th February 2025

Florida-domiciled insurtech HCI Group, Inc. has reported that consolidated gross premiums earned increased by 38% to $297.5 million for Q4'24, up from $215.2 million in Q4 2023, driven primarily by assumptions of policies from Citizens Property Insurance Corporation, the state's insurer of last resort. The insurer’s pre-tax income for Q4 2024 ... Read the full article

HCI’s Tailrow assumes 14,000 policies from Citizens

25th February 2025

Florida-domiciled insurtech, HCI Group, Inc.’s sponsored reciprocal insurer, Tailrow Insurance Exchange, has successfully assumed just under 14,000 policies totalling approximately $35 million of in-force premium from Florida’s state-backed insurance company, Citizens Property Insurance Corporation. HCI confirms the assumption of policies by Tailrow became effective on February 18th, 2025. Tailrow has plans to ... Read the full article

HCI reports increase in gross premiums earned in Q3’24

8th November 2024

Florida-based insurtech HCI Group reported consolidated gross premiums earned of $265.5 million for Q3 2024, an increase from last year’s $188.3 million, driven primarily by growth in Florida. The firm’s Q3 2024 net income was $9.4 million as compared to $15.7 million last year. The adjusted net income for Q3 2024 ... Read the full article

HCI subsidiaries assume approximately $200m of in-force premium from Citizens

24th October 2024

Florida-domiciled insurtech, HCI Group, Inc.’s insurance subsidiaries have successfully assumed over 42,000 policies totalling approximately $200 million of in-force premium from Florida’s state-backed insurance company, Citizens Property Insurance Corporation. HCI confirms the assumption of policies by the two insurance subsidiaries became effective on October 22nd, 2024. HCI's subsidiary, Homeowners Choice Property & ... Read the full article

HCI expects to pay up to $750m to policyholders from hurricanes Debby, Helene & Milton

17th October 2024

Insurer HCI Group expects to pay between $600 million and $750 million to policyholders across all three events, with net retained losses for the company far lower at around $185 million as a result of its comprehensive reinsurance arrangements. The property and casualty insurer has provided an update on the hurricane ... Read the full article

HCI Group’s net income climbs to $57.1m in Q2’24

9th August 2024

Florida-based insurtech HCI Group has posted its results for the second quarter of 2024, which includes a net income of $57.1 million and a pre-tax income of $76 million, a solid increase compared to the prior year's $14.9 million and $20.2 million figures. Adjusted net income (a non-GAAP measure which excludes ... Read the full article