Universal Insurance Holdings delivered an outstanding fourth quarter in 2025, characterized by a massive increase in net income and a return to underwriting profitability. The company benefited from Florida's legislative reforms and higher investment yields, achieving a combined ratio of 87.5% compared to 107.9% in the prior year quarter.

Universal Insurance Holdings reported a strong first quarter in 2025, with total revenues increasing by 7.3% to $394.87 million and net income available to common stockholders rising by 23.1% to $41.44 million. The company's diluted GAAP EPS was $1.44, and annualized ROCE stood at 41.7%. Direct premiums written grew by 4.7%, and the company completed its 2025-2026 reinsurance renewal.

Universal Insurance Holdings reported a decrease in net income and diluted GAAP EPS for the fourth quarter of 2024, with net income available to common stockholders at $6.0 million and diluted GAAP EPS at $0.21. Total revenues increased by 2.5% to $384.8 million, driven by higher net premiums earned and investment income, while the combined ratio increased to 107.9%.

Universal Insurance Holdings reported a net loss of $16.2 million and an adjusted net loss of $20.8 million for Q3 2024. Direct premiums written increased by 8.0% year-over-year, driven by growth in Florida and other states. The company opened for business in Wisconsin, marking its 19th state of operation.

Universal Insurance Holdings reported a strong first quarter in 2024, marked by a 16.3% increase in total revenues to $367.959 million and a 39.2% increase in net income available to common stockholders to $33.654 million. The company's adjusted EPS grew by 35.4% year-over-year, and the annualized adjusted return on average common equity reached 29.4%.

Universal Insurance Holdings reported a decrease in net income and adjusted net income for Q4 2023 compared to the prior year. However, the company saw growth in direct premiums written and earned, driven by rate increases and expansion in other states. The company is optimistic about the future due to improvements in claims trends and reinsurance arrangements.

Universal Insurance Holdings reported third quarter 2023 results, with direct premiums written up 6.3% year-over-year and a net combined ratio down 28.5 points from the prior year quarter. The company repurchased approximately 894 thousand shares for $12.3 million and declared a quarterly cash dividend of $0.16 per share.

Universal Insurance Holdings reported solid second quarter results, driven by favorable claims and litigation trends, rate-driven premium growth, and an improving spread of risk across its geographic footprint. The company's annualized adjusted return on common equity was 25.3%, and adjusted diluted EPS grew by 85.1% year-over-year.

Universal Insurance Holdings reported a strong first quarter in 2023, marked by a 43% increase in operating income and a 41.1% increase in diluted earnings per share. The company benefited from legislative reforms in Florida, improved rate adequacy, and higher fixed income yields.

Universal Insurance Holdings reported a net income of $25.1 million for Q4 2022, compared to a net loss of $48.1 million in the prior year quarter. Total revenues increased by 12.9% to $330.4 million. The net combined ratio was 101.4%, down from 131.4% in the prior year quarter.

Universal Insurance Holdings reported a GAAP loss per share of $2.36 and an adjusted loss per share of $2.27 for Q3 2022. The results were impacted by $111 million of retained Hurricane Ian losses. Despite the loss, direct premiums written increased by 15.6% year-over-year, driven by growth in both Florida and other states.

Universal Insurance Holdings reported mixed results for Q2 2022. While direct premiums written increased by 12.4%, driven by growth in Florida and other states, net income decreased significantly. The company's adjusted return on equity remained strong at 12.8%.

Universal Insurance Holdings reported a 16.9% annualized ROE despite a challenging environment. Direct premiums written increased by 8.5% year-over-year, driven by rate increases, while the company focused on improving underwriting profitability and combined ratio.

Universal Insurance Holdings reported a 7.2% increase in total revenue for the quarter and a 4.6% increase for the year, driven by growth in net premiums earned from primary rate increases. However, GAAP diluted EPS and non-GAAP adjusted EPS were predominantly impacted by strengthening of reserves due to inflationary trends and a reduction in realized gains on the investment portfolio.

Universal Insurance Holdings reported a diluted EPS of $0.64 on a GAAP basis and $0.63 on a non-GAAP adjusted basis for Q3 2021. Direct premiums earned were up 15.0% year-over-year to $410.6 million, with an annualized return on average equity of 16.4%.

Universal Insurance Holdings reported a 10.5% increase in total revenue to $279.2 million for Q2 2021. The company's diluted GAAP EPS was $0.70, and non-GAAP adjusted EPS was $0.65. The annualized return on average equity was 18.7%.

Universal Insurance Holdings reported a strong start to 2021 with total revenue up 11.7% to $262.8 million and diluted EPS of $0.84 on both a GAAP and non-GAAP adjusted basis. The company experienced margin expansion and achieved an annualized return on average equity of 23.2%.

Universal Insurance Holdings reported a 14.1% increase in Q4 total revenue to $273.1 million, driven by growth in net premiums earned. However, the company experienced a GAAP EPS of $(0.57) and a non-GAAP adjusted EPS of $(0.84), impacted predominantly by weather events.

Universal Insurance Holdings reported a 35.7% increase in total revenue to $311.7 million compared to the year-ago quarter. However, the company experienced a GAAP diluted EPS of $(0.10) and a non-GAAP adjusted EPS of $(1.43) due to elevated industry-wide weather events and prior year's reserve development. Despite these challenges, the company achieved a year-to-date annualized return on average equity of 10.0%.

Universal Insurance Holdings reported a diluted EPS of $0.62 on a GAAP basis and $0.52 non-GAAP adjusted EPS for the second quarter of 2020. Direct premiums written increased by 13.1% year-over-year to $404.7 million. The company is adjusting its 2020 outlook to account for above-average weather events during the quarter.

Universal Insurance Holdings reported a solid start to 2020 with first quarter results showing an annualized return on average equity of 16.1%. Direct premiums written were up 15.7% to $334.6 million. The company is well-positioned with a debt-to-equity ratio less than 2.0% and is accruing more reserves than at any point in its history.

Universal Insurance Holdings reported a 10.6% increase in Q4 total revenue to $239.4 million, but diluted GAAP EPS was $(1.55) and non-GAAP adjusted EPS was $(1.57). The results were affected by prior years' adverse development, reduced subrogation recoveries, current year strengthening, and weather events above plan.