HCI Group reported a net income of $1.4 million, or $0.01 diluted earnings per share, for the fourth quarter of 2021, compared to a net income of $2.7 million, or $0.35 diluted earnings per share, for the fourth quarter of 2020. Consolidated gross written premiums increased by 35.9% to $189.3 million. Consolidated gross premiums earned increased 43.8% to $156.8 million.
Net income for the fourth quarter of 2021 totaled $1.4 million or $0.01 diluted earnings per share.
Adjusted net loss for the fourth quarter of 2021 was $0.1 million or $0.14 diluted loss per share.
Consolidated gross written premiums for the fourth quarter of 2021 increased 35.9% to $189.3 million.
Consolidated gross premiums earned for the fourth quarter of 2021 increased 43.8% to $156.8 million.
HCI Group enters 2022 poised for another year of profitable growth.