---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-025093"
form_type: "8-K"
ticker: "HCI"
cik: "0001400810"
company_name: "HCI Group, Inc."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:18:39.189879+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HCI Group secures 2023-2024 reinsurance with $2.4B total coverage; premiums $266.6M

## Summary
- Tower 1 (Homeowners Choice FL) provides $992.8M single-event coverage, retention $12.5M; total all-occurrence limit $1.42B.
- Tower 2 (TypTap & non-FL HCI) provides $684.2M (FL) / $337M (non-FL) single-event coverage, retention $9.0M; total $990.8M.
- Claddaugh subsidiary to contribute $39.4M capital at risk and collect ~$28.0M in premiums from subsidiaries.
- HCI obligated to use RAP coverage for both towers after deferral in prior year; RAP provides no-premium layers.
- Total net ceded premiums to third parties estimated at $266.6M assuming no losses.

## SEC filing metadata
- accession: 0000950170-23-025093
- form_type: 8-K
- ticker: HCI
- cik: 0001400810
- company_name: HCI Group, Inc.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400810/000095017023025093/0000950170-23-025093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400810/000095017023025093/hci-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-025093
- JSON: https://secwatch.observer/filing/0000950170-23-025093.json
- Plain text: https://secwatch.observer/filing/0000950170-23-025093.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.