Universal’s Q1’24 CoR strengthens to 95.5% as net income rises

Share!

Reinsurance News - Apr 26, 2024

Universal Insurance Holdings has announced net income of $33.7 million for the first quarter of 2024, an increase of more than 39% on the prior year quarter, as the company’s combined ratio strengthened by 4.5 percentage points to 95.5%. As well as the rise in net income, which the firm attrib...

Read Full Article

Recommended Articles

Saha Re enters African reinsurance market

Posted: May 08, 2024

Saha Reinsurance Proprietary Limited (Saha Re) launched on the 27th of March, 2024, as a newly estab...

Assurant’s net income increases 108% in Q1’24

Posted: May 08, 2024

US specialty insurance group Assurant has reported a GAAP net income of $236.4 million for the first...

Front Street Re welcomes Edison Fong as new CEO

Posted: May 08, 2024

Edison Fong has been named Chief Executive Officer of Front Street Re (FSR), an insurtech and reinsu...