Universal Insurance Holdings, Inc. (UVE)

USD 21.51

(1.22%)

Market Cap (In USD)

604.34 Million

Revenue (In USD)

1.39 Billion

Net Income (In USD)

66.82 Million

Avg. Volume

165.45 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
15.78-23.39
PE
10.7
EPS
2.01
Beta Value
0.906
ISIN
US91359V1070
CUSIP
91359V107
CIK
891166
Shares
28095800.0
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Insurance - Property & Casualty
CEO
Mr. Stephen Joseph Donaghy
Employee Count
-
Website
https://www.universalinsuranceholdings.com
Ipo Date
2003-06-06
Details
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.