Universal Insurance reports third-quarter 2024 CoR of 116.9% and net loss of $16.2 million
Florida-based and expanding primary insurance company Universal Insurance Holdings has reported a combined combined ratio of 116.9% for the third quarter of 2024, an increase of 6.2 points from the comparable quarter, reflecting an increase in both net claims and reflected in the net expense ratio. The insurer’s net loss ratio increased 4.7 points to … Read more