Universal's Insurance Subsidiaries Complete 2024-2025 Reinsurance Program [Yahoo! Finance]
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UNIVERSAL INSURANCE HOLDINGS INC (UVE)
NASDAQ:AMEX Investor Relations:
universalinsuranceholdings.com
Company Research
Source: Yahoo! Finance
Replaced $217M of cost-free Reinsurance to Assist Policyholders (RAP) coverage and $150M of expiring catastrophe bond coverage in the traditional reinsurance market. Total cost of the 2024-2025 reinsurance program for UPCIC and APPCIC projected to be approximately 33.0% of estimated direct earned premium for the 12-month treaty period, compared to 31.8% at this time last year, reflecting a modest 1.2-point year over year increase despite our demand for private market capacity increasing significantly. The largest private reinsurance participants all maintain a rating from AM Best of ‘A' or higher (Nephila Capital, Markel, RenaissanceRe, Munich Re, Chubb Tempest Re, Ariel Re, Everest Re and Lloyd's of London syndicates). FORT LAUDERDALE, Fla., May 30, 2024 BUSINESS WIRE )--Universal Insurance Holdings, Inc. (NYSE: UVE) ("Universal" or the "Company") today announced the completion by Universal Property & Casualty Insurance Company ("UPCIC") and American Platinum Property and Casu
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News
- 100-bagger stocks: These 10 stocks are up more than 100x over the past 20 years [Yahoo! Finance]Yahoo! Finance
- Investors in Universal Insurance Holdings (NYSE:UVE) have unfortunately lost 17% over the last five years [Yahoo! Finance]Yahoo! Finance
- Universal's Insurance Subsidiaries Complete 2024-2025 Reinsurance ProgramBusiness Wire
- NormanMax, Apollo launch parametric insurance Syndicate 3939 [Yahoo! Finance]Yahoo! Finance
- Universal Insurance Holdings, Inc. (NYSE: UVE) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
UVE
Earnings
- 4/25/24 - Beat
UVE
Sec Filings
- 6/20/24 - Form 3
- 6/17/24 - Form 4
- 6/17/24 - Form 4
- UVE's page on the SEC website