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Jun 30, 2024
Hci Group Q2 2024 Earnings Report
Delivered solid profitability driven by strong underwriting execution.
Key Takeaways
HCI Group reported a strong second quarter in 2024, with pre-tax income of $76 million and net income of $57.1 million. Diluted earnings per share were $4.24, driven by growth in Florida and a decline in the gross loss ratio.
Pre-tax income was $76 million.
Diluted EPS was $4.24.
Gross loss ratio was 29.7%.
Consolidated gross premiums earned increased to $263.6 million.
Hci Group
Hci Group
Hci Group Revenue by Segment
Revenue by Segment
Gross Premiums Earned Revenue
CapyFin.comHomeowners Choice Revenue
CapyFin.comTypTap Insurance Company Revenue
CapyFin.comCondo Owners Reciprocal Exchange Revenue
CapyFin.com Forward Guidance
HCI Group plans to replicate its success and explore new ways to exploit its technology and capitalize on new opportunities.
Revenue & Expenses
Visualization of income flow from segment revenue to net income