---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-067077"
form_type: "8-K"
ticker: "HCI"
cik: "0001400810"
company_name: "HCI Group, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T03:44:54.060086+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HCI Group Q1 EPS $5.35 beats $3.81 YoY; plans tax-free spin-off of Exzeo

## Summary
- Q1 diluted EPS $5.35 vs $3.81 YoY; pre-tax income $100.3M, net income $74.2M.
- Gross premiums earned $300.4M, up 17% YoY, driven by policy assumptions from Citizens Property Insurance.
- Gross loss ratio improved to 19.7% from 31.1% due to decline in claims and litigation frequency.
- Board pursuing tax-free spin-off of Exzeo to existing HCI shareholders, targeted for completion by end of 2025.
- Net investment income $13.8M, slightly down YoY due to decrease in limited partnership income.

## SEC filing metadata
- accession: 0000950170-25-067077
- form_type: 8-K
- ticker: HCI
- cik: 0001400810
- company_name: HCI Group, Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400810/000095017025067077/0000950170-25-067077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400810/000095017025067077/hci-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-067077
- JSON: https://secwatch.observer/filing/0000950170-25-067077.json
- Plain text: https://secwatch.observer/filing/0000950170-25-067077.txt

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