March hail storm takes HCI into a Q1 underwriting loss
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March hail storm takes HCI into a Q1 underwriting loss

HCI’s adjusted EPS decreased by 72.2 percent to $0.35 per share in the Q1 2019. 

The result was driven by increased cat losses of $5mn from a March hail storm, sending the carrier into an underwriting loss for the quarter.  

  • Underwriting: The Floridian insurer reported a Q1...

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