HCI Group places reinsurance towers with $1.96B aggregate Florida limit; total ceded premiums $381.2M

HCI Group, Inc.

Reinsurance Tower 1: $1.06B single-event coverage, retention $10M, private premiums $204.7M plus $30M FHCF.
Reinsurance Tower 2: $830.3M FL single-event and $605M non-FL single-event coverage; total ceded premiums $156.4M private.
Reinsurance Tower 3: $431.5M single-event coverage, retention $2.8M; private premiums $75.6M plus $7.6M FHCF.
Subsidiaries Claddaugh and Fortex Re retain combined max loss $139.8M first event, $52.3M second event; subject to regulatory approval.
Total net consolidated reinsurance ceded to third parties (excl. subs) estimated at $381.2M for the 2026-2027 treaty year.

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