UNIVERSAL INSURANCE HOLDINGS, INC. (UVE) Form 8-K — Oct 22, 2026
Universal Insurance Holdings reported Q3 2026 diluted EPS of $1.80 (adjusted $1.93), up 30.4% (41.9% adjusted) year over year, on total revenues of $439.3 million, up 9.6%. Underwriting quality improved sharply: the net combined ratio fell 5.4 points to 91.0% and the loss ratio dropped 5.6 points to 64.6%, aided by the new reinsurance program incepted June 1, 2026 that lowered the ceded premium ratio to 27.6%. Growth remains multi-state with 953,611 policies in force (+7.9%) and direct premiums written of $608.9 million (+2.7%), as 18.5% growth in other states offset a 3.3% decline in Florida.
Key figures
- Eps
- 1.8
- Revenue
- 439319000
- Net Income
- 52506000
- Revenue Yoy
- 9.6%
- Buyback q3
- 174 thousand shares for $7.4 million
- Total assets
- 3183570000
- Adjusted roce
- 32.3%
- Combined ratio
- 91.0%, down 5.4 pts
- Net loss ratio
- 64.6%, down 5.6 pts
- Annualized roce
- 32.7%
- Adjusted eps yoy
- 41.9%
- Policies in force
- 953611
- Quarterly dividend
- $0.16 per share
- Net premiums earned
- $403.2 million, up 12.1% YoY
- Adjusted diluted eps
- 1.93
- Book value per share
- $23.37, up 32.4% YoY
- Net investment income
- $21.5 million, up from $18.3 million
- Direct premiums written
- $608.9 million, up 2.7% YoY
- Policies in force growth
- 7.9%
- Cash and cash equivalents
- 569461000
- Adjusted book value per share
- $25.90, up 38.2% YoY
- Buyback authorization remaining
- $1.1 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.