HCI Group Announces Completion of its 2025 – 2026 Catastrophe Reinsurance Programs

Core Insights - HCI Group, Inc. has successfully completed its catastrophe reinsurance programs for the 2025-2026 treaty year, which runs from June 1, 2025, through May 31, 2026 [1] Reinsurance Program Details - HCI secured three reinsurance towers for the 2025-2026 treaty year, with specific coverage for its subsidiaries and policies issued in Florida and outside of Florida [2] - The company secured over $3.5 billion in excess of loss aggregate limit and full reinstatement premium protection across the three reinsurance towers [3] - The statutory retentions for the first and second events are $18 million for both Reinsurance Tower 1 and Tower 2, and $3 million for Tower 3 [4] Financial Expectations - HCI expects to incur net consolidated reinsurance premiums ceded to third parties, excluding its Bermuda-based subsidiary Claddaugh, of approximately $422 million from June 1, 2025, through May 31, 2026 [5] Company Overview - HCI Group operates with two distinct units: one includes top-performing insurance companies and a captive reinsurance company, while the other, Exzeo Group, focuses on insurance technology innovations [6] - The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index [7]