HCI Group confirms it will retain Hurricane Idalia losses
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

HCI Group confirms it will retain Hurricane Idalia losses

hci-hq-2018.jpg

HCI Group said it expects its pre-tax gross loss from Hurricane Idalia to be within its reinsurance retention limits for Homeowners Choice Property & Casualty Insurance Company and TypTap Insurance Company.

“This storm is not expected to require the company to utilise any of the capacity in either of its reinsurance towers,” it said.

For

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article