Universal falls to Q4 and full-year operating loss

Preannounced Q4 weather losses and prior-year reserve development sent Universal Insurance Holdings to an operating loss for the period as the Florida-based homeowners specialist pointed to strong price increases in its home state and steps to “reduce uncertainty for shareholders”.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com