secwatch.observer — SEC 8-K summary
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Issuer:     HCI Group, Inc. (HCI)
CIK:        0001400810
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000950170-22-023268
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HCI Group Q3 net loss $51.5M ($5.66/share) as Hurricane Ian claims weigh; gross premiums up 21%
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- Net loss of $51.5M ($5.66 loss per share) vs net loss of $4.9M ($0.72 loss per share) in Q3 2021.
- Gross premiums earned $181.7M (+21% YoY); gross written premiums $191.2M (+10% YoY).
- Hurricane Ian claims consistent with prior disclosure; loss ratio excluding Ian improved to 41.4% from 47.9% in Q2 2022.
- Net investment income $18.5M, up from $2.5M, driven by $13.4M gain on property sale.
- Year-to-date net loss $57.3M vs net income $5.8M in prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400810/000095017022023268/0000950170-22-023268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400810/000095017022023268/hci-20221108.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-023268

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer