HCI Group adds $100mn to $2.2bn reinsurance program
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HCI Group adds $100mn to $2.2bn reinsurance program

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HCI Group added about $100mn to its reinsurance coverage, putting in place $2.2bn for the 2022-23 treaty year.

The insurer expects to recognise net reinsurance premiums ceded of $247.3mn in the year to May 31, 2023, versus a projected $207.1mn

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