HCI grows ceded premium by 21% to $56.2mn in Q2
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HCI grows ceded premium by 21% to $56.2mn in Q2

hci-hq-2018.jpg

HCI Group ceded $56.2mn of premium in Q2, a rise of 21% compared to $46.4mn in the prior-year quarter, due to growth at Homeowners Choice and TypTap.

Premium ceded as a percentage of gross premium earned fell to 31.0% in the latest quarter, down from 33.3%

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