---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055761"
form_type: "8-K"
ticker: "HCI"
cik: "0001400810"
company_name: "HCI Group, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:23:04.086507+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HCI Group Q1 net income $57.0M ($3.81 EPS) vs $17.8M ($1.54 EPS) year ago

## Summary
- Pre-tax income $77.4M; adjusted diluted EPS $3.65 vs $1.50 prior year.
- Gross premiums earned $256.6M, up 42% from $180.1M; includes $67M from Citizens assumption.
- Gross loss ratio improved to 31.1% from 33.6%; reinsurance cost ratio fell to 26.5% from 39.2%.
- Net investment income $14.1M excluding prior-year real estate gain of $8.9M.
- CEO cites strong technology leverage and carrier launch as future opportunities.

## SEC filing metadata
- accession: 0000950170-24-055761
- form_type: 8-K
- ticker: HCI
- cik: 0001400810
- company_name: HCI Group, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400810/000095017024055761/0000950170-24-055761-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400810/000095017024055761/hci-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055761
- JSON: https://secwatch.observer/filing/0000950170-24-055761.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055761.txt

## Key facts
- Earnings Releases
  HCI Group, Inc. reported the first quarter of 2024 results: net income $57.0 million, or $3.81 diluted earnings per share.
  - Period: the first quarter of 2024
  - Net income: $57.0 million, or $3.81 diluted earnings per share
  - Result: reported results
  source text: HCI Group Reports First Quarter 2024 Results First Quarter Pre-Tax Income of $77.4 million First Quarter Diluted EPS of $3.81 First Quarter Gross Loss Ratio of 31.1%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1400810/000095017024055761/0000950170-24-055761-index.htm

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