Detail akcie Universal Insura online

Business Summary: Universal Insurance Holdings, Inc. is a holding company that offers property and casualty insurance and value-added insurance services. It develops, markets, and underwrites insurance products for consumers in the personal residential homeowner’s lines of business and other insurance-related services for its insurance entities, including risk management, claims management, and distribution. Its primary insurance entities include Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company. UPCIC distributes policies through its independent agency force and offers various types of personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire. It also offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. Through its subsidiary, Evolution Risk Advisors, Inc., it advises on actuarial issues and administers claims payments.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Universal Insurance Holdings, Inc. revenues increased 12% to $1.14B. Net income applicable to common stockholders increased 13% to $52.9M. Revenues reflect Net change in unrealized gains (losses) increase from $1.4M to $11.8M, Total investment income increase of 24% to $45.4M. Net income benefited from Interest and amortization of debt issuan decrease of 1% to $4.9M (expense).