HCI Group
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Subsidiaries Core and Typtap have applied to participate in the November Citizens policies assumption.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The Floridian secured $2.7bn in aggregate limit across two towers.
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The loss ratio in the business that HCI assumed was also better than anticipated.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Estimates were revised from $845mn to $740mn.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The company announced it is undertaking several strategic steps designed to increase operational and capital flexibility and to better position it for future growth opportunities.
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The assumption brings TypTap’s total in-force premium to $1bn.
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HCI sold a total of 1.15 million shares of its common stock at a public offering price of $78 per share, before underwriting discounts and commissions.
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HCI is offering one million common stock shares priced at $78 per share.
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