TAMPA, Fla., June  17, 2026  (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) today announced the launch of a pilot project featuring digital tokenized reinsurance securities offering contractual returns that mirror the

HCI Group Enters the Tokenized Real-World Assets Market with Pilot Project Mirroring Returns of Specific Participations in HCI's Catastrophe XOL Reinsurance Programs

HCI launches tokenized reinsurance pilot to expand catastrophe-risk access and liquidity

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    <h3>Information</h3>
    <p>TAMPA, Fla., June  17, 2026  (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) today announced the launch of a pilot project featuring digital tokenized reinsurance securities offering contractual returns that mirror the</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>HCI Group unveiled a pilot for digital tokenized reinsurance securities linked to its Fortex Re catastrophe programs, aiming to widen access to catastrophe risk for accredited investors. The three Series (A–C) offerings, available via SurancePlus, propose shorter investment horizons and defined redemption values, with minimums of $5,000. If successful, the move could broaden funding sources and liquidity for HCI&#039;s risk-transfer operations.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>HCI launches tokenized reinsurance securities pilot via SurancePlus to broaden catastrophe risk access.</li><li>Initial three token series with Series A,B,C pricing and known redemption values.</li><li>Securities mirror Fortex Re&#039;s 2026-27 catastrophe excess-of-loss programs.</li><li>Minimum investment $5,000 for accredited U.S. and qualified non-U.S. investors.</li><li>Notably, securities issued by SurancePlus have no impact on Fortex Re or HCI.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>HCI Group, Inc. (HCI)</strong>: Launching tokenized reinsurance securities pilot; potential diversification of funding and risk transfer.</li><li><strong>Exzeo Group (XZO)</strong>: Part of HCI ecosystem; potential upside from broader insurance tech and capital markets initiatives.</li><li><strong>Fortex Reinsurance SPC, Ltd. (N/A)</strong>: Cayman-based reinsurer underlying the tokenized participation; no direct impact on Fortex Re&#039;s programs.</li><li><strong>SurancePlus (N/A)</strong>: Issuing platform for tokenized securities; potential scale driver if adoption grows.</li></ul>
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  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News. It highlights a strategic product launch in insurance tech and risk transfer, potentially expanding HCI&#039;s access to capital and liquidity through innovative securitization structures.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Tokenized reinsurance pilot could broaden investor demand for HCI exposure.</li><li>Regulatory clarity may affect timing and liquidity of the offerings.</li><li>Series A–C prices and redemption values set near securitization scales.</li><li>SurancePlus issuance could become a new growth channel if scalable.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of press release: June 17, 2026.</li><li>Initial pilot comprises three token offerings: Series A, Series B, Series C.</li><li>Offering prices: Series A $11.10; Series B $22.12; Series C $30.01.</li><li>Estimated redemption values: Series A $36.00; Series B $49.00; Series C $35.20.</li><li>Minimum investment: $5,000 for accredited U.S. and qualified non-U.S. investors.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 12–24 months as tokenized reinsurance expands access and liquidity.</p>
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</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">TAMPA, Fla., June  17, 2026  (GLOBE NEWSWIRE) -- <strong>HCI Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/HCI">HCI</a>) </strong>today announced the launch of a pilot project featuring digital tokenized reinsurance securities offering contractual returns that mirror the performance of specific participations by its Cayman Islands-based reinsurance subsidiary, Fortex Reinsurance SPC, Ltd. (&#34;Fortex Re&#34;), in HCI&#39;s catastrophe excess-of-loss reinsurance programs. HCI is launching this pilot project to explore new ways to expand investor access to catastrophe risk as an asset class.</p>  <p align="justify">"We are pioneering a new method of risk transfer by connecting the reinsurance market with new sources of capital," said Paresh Patel, HCI's Chairman and Chief Executive Officer. "While still in its early stages, we believe tokenized reinsurance securities have the potential to expand access to the reinsurance market by lowering investment barriers, shortening investment duration, and creating the potential for increased liquidity for qualified investors."</p>  <p align="justify">The initial pilot project consists of three separate digital tokenized securities, which are available for purchase through SurancePlus:</p> <table style="border-top: solid black 1pt ; border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">Token Offering</td><td style="text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">Offering Price per Token</td><td style="text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="2" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">Estimated Redemption Value per Token&#x2A;</td></tr><tr><td style="border-top: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">Series A</td><td style="text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="3" style="border-top: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">$11.10</td><td style="text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="2" style="border-top: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">$36.00</td></tr><tr><td style="text-align: center ;  vertical-align: middle; vertical-align: top ; ">Series B</td><td style="text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="3" style="padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">$22.12</td><td style="text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="2" style="padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">$49.00</td></tr><tr><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">Series C</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="3" style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">$30.01</td><td style="border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; vertical-align: top ; "> </td><td colspan="2" style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; vertical-align: top ; ">$35.20</td></tr><tr><td colspan="8" style="border-top: solid black 1pt ; vertical-align: top ; "><em>&#x2A;Illustrated values reflect the following: (1) no catastrophe losses affecting the underlying reinsurance participation, (2) redemption at the end of the annual risk period, and (3) values are before any additional return from collateral investment income.</em></td></tr></table> <p align="justify"><br></br>Each token has a distinct risk-return profile and may be purchased individually or combined through varying allocations, enabling investors to tailor catastrophe risk exposures to their investment objectives.</p>  <p align="justify">Additionally, the securities are structured to align with the annual reinsurance treaty cycle, resulting in a meaningfully shorter investment horizon than is typical for many traditional insurance-linked securities offerings, including catastrophe bonds.</p>  <p align="justify">Finally, the securities will be available for a minimum investment of $5,000 to qualified U.S. accredited investors under Rule 506(c) of Regulation D and to qualified non-U.S. investors under Regulation S of the U.S. Securities Act of 1933, as amended. Subject to applicable securities laws and transfer restrictions, securities offered pursuant to Regulation S are generally expected to become eligible for resale sooner than those offered pursuant to Rule 506(c) of Regulation D, which are generally subject to longer holding periods, often up to one year.</p>  <p align="justify">While synthetically structured to mirror the performance of specific participations by Fortex Re in HCI&#39;s 2026-2027 catastrophe excess-of-loss reinsurance programs, these securities are issued by SurancePlus and have no impact on Fortex Re&#39;s or HCI&#39;s reinsurance programs.</p>  <p align="justify"><strong><u>About HCI Group, Inc.</u></strong></p>  <p align="justify">HCI Group is a diversified holding company engaged in insurance, reinsurance, real estate, claims services, and insurance technology. The HCI Group portfolio of companies includes multiple property and casualty underwriters, exchanges, and captive reinsurers as well as a claims management business, a commercial real estate investment company, and a leading insurance technology company Exzeo Group. HCI Group was founded in 2006.</p>  <p align="justify">HCI Group&#39;s common shares trade on the New York Stock Exchange under the ticker symbol &#34;HCI&#34; and are included in the Russell 2000 and S&amp;P SmallCap 600 Index. HCI Group regularly publishes financial and other information in the Investor Information section of the company's website. For more information about HCI Group and its subsidiaries, visit <a href="https://www.globenewswire.com/Tracker?data=gfCIYCaRLiFvzbU4Re5BQ2w2phqqsycfR07OyaGvTvBMgyerDeqZlfHTPndx2I8S_G2L1LbvlV6APArhmOwXX1aTJ-mg6BBndCqOsYEDsLo=" rel="nofollow" target="_blank">https://www.hcigroup.com/.</a> Exzeo's common shares trade on the New York Stock Exchange under the ticker symbol "XZO." For more information about Exzeo, visit <a href="https://www.globenewswire.com/Tracker?data=gfCIYCaRLiFvzbU4Re5BQxcnT6aoQuFqXrqhaGlxZQ4cthVA_2ITHV_jWIB5hDvnLmQtr2YpFY_55vh2pAYelA0037wqFX1VD9JeqKDKrHc=" rel="nofollow" target="_blank">https://www.exzeo.com/.</a></p>  <p align="justify"><strong><u>Forward-Looking Statements</u></strong></p>  <p align="justify">This news release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as &#34;anticipate,&#34; &#34;estimate,&#34; &#34;expect,&#34; &#34;intend,&#34; &#34;plan,&#34; &#34;confident,&#34; &#34;prospects&#34; and &#34;project&#34; 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 uncertainties. For example, catastrophe losses on the underlying reinsurance contracts may cause a loss of some or all of the value of the securities. Some of these risks and uncertainties are identified in the company&#39;s filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company&#39;s business, financial condition and results of operations. HCI Group, Inc. disclaims all obligations to update any forward-looking statements.</p>  <p align="justify"><strong><u>Company Contact:</u></strong></p>  <p align="justify">Nat Otis<br></br>Investor Relations<br></br>HCI Group, Inc.<br></br>Tel (813) 355-5341<br></br><a href="https://www.globenewswire.com/Tracker?data=4fYuYZZP8Hi45kAGrXq8WKV5E-tbiFIG8T8XKlC1zX_CCLZ0jvAWuADit6pHmYUR1A4GoSFFWCG1mKDIKeO4p9yGjt0PpB66RXu7Goozhxc=" rel="nofollow" target="_blank">notis@hcigroup.com</a></p>  <p align="justify"><strong><u>Investor Relations Contact:</u></strong></p>  <p align="justify">Matt Glover<br></br>Gateway Group, Inc.<br></br>Tel 949-574-3860<br></br><a href="https://www.globenewswire.com/Tracker?data=XY66DMkSDB4Qv07BtSp_VVV80owk9iaDa2HN-IWetQuqV6cgibdT33_06DnyRSmDEYNPWNwTQpqvfJLasyn7Y2jEbu7jXidPiSlyAUJje3g=" rel="nofollow" target="_blank">HCI@gateway-grp.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc0ODkwNyM3NjY3MzI0IzIwMjA4MzE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/YWFiMjg1ZTYtNWRhMy00MGVlLWE4OWUtOWQzYTJkMGU5NzMzLTEwMzI0NDgtMjAyNi0wNi0xNy1lbg==/tiny/HCI-Group-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/33f16d1b-51a6-45cb-8f6d-6537314add24"><img src="https://ml.globenewswire.com/media/33f16d1b-51a6-45cb-8f6d-6537314add24/small/hci-logo.jpg" border="0" width="150" height="71" alt="Primary Logo"></img></a></p>

HCI Group unveiled a pilot for digital tokenized reinsurance securities linked to its Fortex Re catastrophe programs, aiming to widen access to catastrophe risk for accredited investors. The three Series (A–C) offerings, available via SurancePlus, propose shorter investment horizons and defined redemption values, with minimums of $5,000. If successful, the move could broaden funding sources and liquidity for HCI's risk-transfer operations.

hci-group-enters-the-tokenized-real-world-assets-market-with-pilot-project-mirroring-returns-of-specific-participations-in-hci-s-catastrophe-xol-reinsurance-programs

HCI Group Enters the Tokenized Real-World Assets Market with Pilot Project Mirroring Returns of Specific Participations in HCI's Catastrophe XOL Reinsurance Programs

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