HCI's Cat Reinsurance Spend Down, In Collateralized And Traditional Mix

Tue, 07/19/2016 - 11:09
by Steve Evans of Seeking Alpha

Homeowners Choice Property & Casualty Insurance Company, Inc., an HCI Group (NYSE:HCI) wholly owned subsidiary, has completed its catastrophe reinsurance program for the 2016-2017 year, securing a saving of roughly $48 million, utilizing both collateralized and traditional reinsurance protection.

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