HCI Group launches tokenized reinsurance securities pilot program

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

June 17, 2026 6:02 PM EDT

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 performance of specific participations by its Cayman Islands-based reinsurance subsidiary, Fortex Reinsurance SPC, Ltd. ("Fortex Re"), in HCI'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.

We are pioneering a new method of risk transfer by connecting the... More