HCI Group, Inc. (HCI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

on the investor information section of HCI Group's website at www.hcigroup.com. I would now like to turn the call over to Bill Broomall, Investor Relations. Bill, please proceed. Thank you, and good afternoon. Welcome to HCI Group's first quarter 2025 earnings call. To access today's webcast, please visit the investor information section of our corporate website at www.hcigroup.com. Before we begin, I would like to take the opportunity to remind our listeners that that today's presentation and responses to questions may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as anticipate, estimate, expect, intend, plan and project, and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions, but rather are subject to various risks and uncertainty. Some of these risks and uncertainties are identified in the company's filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have a material adverse effect on the company's business, financial conditions, and results of operation. HCI Group disclaims all the obligations to update any forward-looking statements. Now with that, I would like to turn the call over to Karen Coleman, Chief Operating Officer. Karen. Thank you, Bill, and welcome, everyone. HCI continues to demonstrate its ability to grow top-line revenue while enhancing bottom-line profitability. In the first quarter, we grew gross earned premiums by 17% over the same quarter last year. We improved the net combined ratio to 56% from 67% in the first quarter of 2024 to And we reported pre-tax net income of just o...