Universal Insurance reports Q4’23 CoR of 103.7% and net income of $20m

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Reinsurance News - Feb 23, 2024

Florida-domiciled and expansive primary insurance company, Universal Insurance Holdings, has reported a Q4 2023 combined ratio of 103.7%, an increase of 2.3 points from the comparative quarter, reflecting a higher net loss ratio as the net expense ratio came down. The insurer’s loss ratio increased...

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