HCI announces completion of catastrophe reinsurance programs for 2024-25

For Reinsurance Towers 1 and 2, HCI Group expects to incur net consolidated reinsurance premiums ceded to third parties, excluding Claddaugh, of approximately $333.6 million from June 1, 2024, through May 31, 2025, assuming no losses occur during that period. HCI’s reinsurance premiums are an estimate based on exposure projections and subject to true-up at September 30, 2024.

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