Reserve charge adds 47.6 points to Universal’s Q4 combined ratio

Florida-based Universal Insurance Holdings took a $97.3mn reserve charge in the fourth quarter, which pushed it to a $0.18 loss per share from $1.03 earnings in the fourth quarter of 2017.

 

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