Edition:
United Kingdom

Universal Insurance Holdings Inc (UVE.N)

UVE.N on New York Stock Exchange

38.61USD
18 Dec 2018
Change (% chg)

$0.30 (+0.78%)
Prev Close
$38.31
Open
$38.34
Day's High
$39.26
Day's Low
$38.34
Volume
72,194
Avg. Vol
67,237
52-wk High
$50.50
52-wk Low
$25.60

Latest Key Developments (Source: Significant Developments)

Universal Insurance Holdings Announces New $20 Mln Share Repurchase Authorization
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Universal Insurance Holdings Inc ::UNIVERSAL INSURANCE HOLDINGS, INC. ANNOUNCES NEW $20 MILLION SHARE REPURCHASE AUTHORIZATION AND COMPLETION OF EXISTING $20 MILLION SHARE REPURCHASE PROGRAM.UNIVERSAL INSURANCE HOLDINGS - MAY REPURCHASE UP TO $20 MILLION OF OUTSTANDING SHARES OF COMMON STOCK THROUGH MAY 31, 2020.  Full Article

Universal Insurance Holdings Qtrly Net Investment Income Grew By 115.3% To $6.6 Mln
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Universal Insurance Holdings Inc ::UNIVERSAL INSURANCE HOLDINGS, INC. REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $1.04.CURRENT YEAR'S QUARTER INCLUDES $7.5 MILLION (4.0 POINTS) OF WEATHER EVENTS BEYOND PLAN.QTRLY DIRECT PREMIUMS WRITTEN GREW 12.5% FROM PRIOR YEAR'S QUARTER TO $309.2 MILLION.QTRLY NET INVESTMENT INCOME GREW BY 115.3% FROM PRIOR YEAR'S QUARTER TO $6.6 MILLION.  Full Article

Universal Insurance Announces Financial Impact From Recent Weather Events
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Universal Insurance Holdings Inc ::UNIVERSAL INSURANCE HOLDINGS, INC. ANNOUNCES EXPECTED FINANCIAL IMPACT FROM RECENT WEATHER EVENTS.UNIVERSAL INSURANCE HOLDINGS INC - HURRICANE MICHAEL STORM IS EXPECTED TO PRODUCE GROSS LOSSES AND LOSS ADJUSTMENT EXPENSES OF $300-350 MILLION.UNIVERSAL INSURANCE HOLDINGS INC - SEES GROSS AND NET PRE-TAX LOSSES AND LOSS ADJUSTMENT EXPENSES OF $2.5 MILLION FROM TROPICAL STORM GORDON.UNIVERSAL INSURANCE HOLDINGS - HURRICANE FLORENCE EXPECTED TO PRODUCE GROSS LOSSES & LOSS ADJUSTMENT EXPENSES OF $35-45 MILLION.UNIVERSAL INSURANCE- IF CO SEES REINSURANCE RECOVERIES FROM SUPPLEMENTAL NON-FLORIDA REINSURANCE, THOSE COULD PARTIALLY REDUCE $35 MILLION RETENTION.  Full Article

Universal Insurance Holdings Announces Increased Quarterly Dividend Of $0.16 Per Share
Tuesday, 29 May 2018 

May 29 (Reuters) - Universal Insurance Holdings Inc ::UNIVERSAL INSURANCE HOLDINGS, INC. ANNOUNCES INCREASED QUARTERLY DIVIDEND OF $0.16 PER SHARE.UNIVERSAL INSURANCE HOLDINGS - INCREASED QUARTERLY CASH DIVIDEND OF $0.16 PER SHARE, UP $0.02 OR 14.3% FROM $0.14 PER SHARE QUARTERLY DIVIDEND.  Full Article

Universal Insurance Holdings Q1 Earnings Per Share $1.12
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Universal Insurance Holdings Inc ::UNIVERSAL INSURANCE HOLDINGS, INC. REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $1.12.QTRLY TOTAL REVENUES $191.5 MILLION VERSUS $174.9 MILLION.  Full Article

Universal Insurance Holdings posts Q3 earnings $0.28/shr
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Universal Insurance Holdings Inc :Universal Insurance Holdings Inc reports third quarter 2017 financial results.Q3 earnings per share $0.28.Universal Insurance Holdings Inc - qtrly net premiums earned $174.5 million versus $159.5 mln‍​.Universal Insurance Holdings Inc - qtrly net investment income $3.1 million versus $2.3 mln‍​.Universal Insurance Holdings Inc - qtrly total revenues $190.2 million versus $172.4 mln‍​.Universal Insurance Holdings - quarter's results include $37 million of hurricane Irma losses & LAE, versus $11 million of weather losses above plan in Q3 2016​.  Full Article

Universal Insurance - Property & Casualty Insurance expects gross losses from Hurricane Irma of $350-450 mln
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Universal Insurance Holdings Inc :Universal Insurance Holdings, Inc. announces impact from recent hurricanes.Universal Insurance Holdings - ‍Universal Property & Casualty Insurance anticipates gross losses relating to Hurricane Irma, Category 4 hurricane, from both Florida and other southeastern U.S. states will be $350-450 million​.Universal Insurance Holdings- ‍in light of UPCIC's reinsurance program, co expects to recognize net pre-tax losses relating to Hurricane Irma of only $35 million​.Universal Insurance Holdings - ‍American Platinum Property And Casualty Insurance anticipates gross losses relating to Hurricane Irma will be $1-2 million​.Universal Insurance Holdings Inc - ‍company expects no impact to Q3 2017 financial results from either Hurricane Harvey or Hurricane Maria​.Universal Insurance -‍expects to incur little or no losses relating to Hurricane Nate & affected Mississippi, Alabama, Louisiana, & Florida panhandle​.  Full Article