HCI Q1 income hit by $5mn March hail storm

03 May 2019

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HCI Group reported net income of $6.7mn in the first quarter, down 38 percent on the year, as a hail storm in March led to $5mn of estimated losses.

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HCI Q1 income hit by $5mn March hail storm

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HCI Q1 income hit by $5mn March hail storm

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM