HCI Group
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HCI will now consist of two operating units – the other being its four underwriting entities. -
The Insurance Insider US news team runs you through the earnings results for the day.
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The policies represent approximately $35mn of in-force premium.
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Executives have said that the carrier’s conservative reinsurance program made losses sustainable.
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The CEO said his company is in good shape despite the landfall of three storms this year.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The policies assumed represent $200mn of in-force premium.
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HCI is estimated to incur a net expense of $125mn for Milton in Q4 2024.
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Shares gained after Hurricane Milton did less damage than anticipated.
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Milton threatens to make landfall in Florida shortly after Helene.
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Subsidiaries Core and Typtap have applied to participate in the November Citizens policies assumption.
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The Insurance Insider US news team runs you through the earnings results for the day.
Related
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HCI Group completes 2024 treaty reinsurance program
May 30, 2024 -
HCI stock spikes 18% as Q4 earnings beat expectations
March 08, 2024