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Stock impact report

Universal Reports First Quarter 2025 Results [Yahoo! Finance]

UNIVERSAL INSURANCE HOLDINGS INC (UVE) 
NASDAQ:AMEX Investor Relations: universalinsuranceholdings.com
Company Research Source: Yahoo! Finance
Direct premiums written of $467.1 million, up 4.7% from the prior year quarter Book value per share of $14.98, up 18.1% year-over-year; adjusted book value per share of $16.79, up 9.5% year-over-year FORT LAUDERDALE, Fla., April 24, 2025 BUSINESS WIRE )--Universal Insurance Holdings (NYSE: UVE) ("Universal" or the "Company") reported first quarter 2025 results. Reconciliations of non-GAAP to GAAP financial measures are provided in the attached tables. "We continue to see signs that the 2022 Florida legislative reforms are working, providing much needed stability to the property insurance market, which ultimately benefits policyholders with increased certainty and choice," said Stephen J. Donaghy, Chief Executive Officer. "In the quarter, we experienced lower weather losses, benefiting the loss and LAE ratio." "On a separate note, I'm pleased to announce the completion of our 2025-2026 reinsurance renewal for our insurance entities. Our program was fully supported and secure Show less Read more
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