Universal sees Q3 net loss of $5.9m, combined ratio drops 28.5 points

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Reinsurance News - Oct 27, 2023

Universal Insurance Holdings has reported a Q3 net loss of $5.9 million, much improved compared to a loss of $72.3 million in the same quarter last year, while the firm’s combined ratio dropped 28.5 points to 110.7%. Universal’s adjusted net loss available to common stockholders was $4.6...

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