Gainers: Greenidge Generation Holdings (GREE) +11%. eXp World Holdings (EXPI) +7%. Losers: Universal Insurance Holdings (UVE) -8%.
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Stephen Donaghy , CEO at Universal Insurance Hldgs (NYSE: UVE ), reported a large insider buy on September 14, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Donaghy purchased 10,000 shares of Universal Insurance Hldgs. The total transaction amounted to $115,547. Universal Insurance Hldgs shares are trading up 2.18% at $11.95 at the time of this writing on Thursday morning. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. Why Insider Transactions Are Important Insider transactions shouldn''t be used primarily to … Full story available on Benzinga.com
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Universal Insurance Plc, has announced total premium of N 4.1 billion during the first half of 2022 which ended 30th June 2022. The figure, according to the company, is far
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LAGOS – Universal Insurance Plc has achieved a total premium income of N 4.1 billion during the first half of 2022 ended 30th June 2022. The figure, according to the company, is far above what was achieved in the whole of 2021. The company’s premium income at the end of 2021 stood at N3.4 billion while […]
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Universal Insurance Plc, Nigeria’s foremost insurance company, has achieved a total premium income of N 4.1 billion during the first half of the year ended June 30, 2022. The figure, according to the company, is far above what was achieved in the whole of year 2021. The company’s premium income at the end of […]
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Universal Insurance Plc has achieved a total premium income of N 4.1 billion during the first half of the year ended June 30. The Managing Director/Chief Executive Officer, Universal Insurance, Dr. Benedict Ujoatuonu, stated this to reporters in Lagos. Ujaotuonu, who was represented on the occasion by the Company’s Secretary and Head of Corporate Communications Department, Chinedu Onyilimba, said the premium income was far above what was achieved last year. He stated that the company’s premium income at the end of 2021 stood at N3.4 billion; while a total sum of N459 million was paid as claims. He said their report for the second half of the year, showed a profit after tax of N796 million and a total claim paid of N348 million. He noted that the performance was made possible as a result of aggressive moves in driving its business development, especially by providing special tailor-made products in their retail operations. Our aggressive deployment of technology, especially in driving our retail operations as well as our business expansion which led to opening of new branches, enlargement of our marketing units which also led to the engagement of new staff made this possible, he added.
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Universal Insurance Plc recorded N4.1 billion premium income in the first half of 2022 ended 30th June 2022. The figure, according to the company, is far above what was achieved in the whole of 2021. The company’s premium income at the end of 2021 stood at N3.4 billion; while a total sum of […]
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Unless the context otherwise requires, all references to "we," "us," "our," and "Company" refer to Universal Insurance Holdings, Inc. and its wholly-owned subsidiaries. You should read the following discussion together with our unaudited condensed consolidated financial statements and the related notes thereto included in "Part I, Item 1- Financial Statements," and…
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Universal Insurance Holdings, Inc. (NYSE:NYSE:UVE) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Arash Soleimani - Chief Strategy Officer Steve Donaghy -…
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Universal Insurance (UVE) reported 12.4% Y/Y growth in Q2 direct premiums written to $532.5M led by 13.2% growth in Florida and 8.3% growth in other states.Direct premiums earned…
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Universal Insurance press release (UVE): Q2 Non-GAAP EPS of $0.47.Revenue of $292M (+4.6% Y/Y).
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (“Universal” or the “Company”) reported 2022 second quarter diluted GAAP EPS of $0.24 and adjusted EPS of $0.47. 1 Reconciliations of GAAP to non-GAAP financial measures are provided in the attached tables. “We reported a 12.8% annualized adjusted return on common equity in the quarter, an impressive feat in the current environment,” said Stephen J. Donaghy, Chief Executive Officer. “Direct premiums written growth
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Universal Insurance (UVE) is scheduled to announce Q2 earnings results on Wednesday, July 27th, after market close.The consensus EPS Estimate is $0.38 (-41.5% Y/Y) and the consensus…
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Universal Insurance (NYSE:UVE) declares $0.16/share quarterly dividend, in line with previous.Forward yield 5.35%Payable Aug. 9; for shareholders of record Aug. 2; ex-div Aug.
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) will issue a press release reporting its second quarter 2022 results after the market closes on Wednesday, July 27, 2022. The company will host a conference call on Thursday, July 28, 2022, at 10:00 a.m. ET to discuss financial results. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at universalinsuranceholdings.com/inves
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Ebere Nwoji Universal Insurance Plc., has been conferred with the award of Excellence in General Insurance business Leadership of the year 2022. The company won the award at the annual
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Universal Insurance Plc has been conferred with the prestigious award of leadership excellence in General Insurance for the year 2022 at the annual Excellence in Corporate Enterprise and Leadership Awards held in Lagos. The insurer has been bestowed the Excellence in General Insurance Leadership Company of the year 2022 for its operational excellence, branch network, […] read more Universal Insurance bags leadership excellence in general business underwriting
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Universal Property& Casualty Insurance Company and American Platinum Property and Casualty Insurance Company, each a wholly-owned subsidiary of Universal Insurance Holdings, Inc., have completed the placement of their respective 2022-2023 reinsurance programs, effective June 1, 2022. For all layers purchased between $111 million and the projected…
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Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that its Board of Directors has declared a quarterly cash dividend of 16 cents per share of common stock, payable August 9, 2021, to shareholders of record as of the close of business on August 2, 2021. About Universal Insurance Holdings, Inc. Universal Insurance Holdings (UVE) is a holding company offering property and casualty
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Universal Insurance Plc has launched its Keke Pass product in the Federal Capital Territory (FCT) to insure both riders and owners of motorcycles and tricycles. With the product, keke riders can get up to N150,000 in compensation with lower premium rate. At the product launch at the Nyanya Keke Park in Abuja, the union leaders [] The post Universal Insurance parleys Abuja Keke Riders appeared first on Transport Day Newspaper .
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By Omobola Tolu-Kusimo To improve the lives of Keke riders and their passengers in Abuja, Universal Insurance Plc has launched its Keke Pass campaign in the Federal Capital Territory (FCT) and neighbouring towns. The product aims at providing cover to Keke riders, their passengers and third-party cover road users with compensation. The product, launched yesterday []
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To improve the lives of tricyclists popularly called Keke riders and their passengers in Abuja, Universal Insurance Plc recently launched its Keke Pass campaign in the Federal Capital Territory (FCT) and neighbouring towns. The Keke Pass insurance product developed by the insurance firm, is aimed at providing cover for Keke riders, their passengers and third-party []
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Universal Insurance Holdings, Inc.s wholly-owned insurance company subsidiaries have completed their 2021-2022 reinsurance programs, which includes the purchase of more open market catastrophe capacity than ever before. Effective June 1st, 2021, Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC), have completed their reinsurance programs at a combined, [] The post Universal secures highest level of open market cat capacity at reinsurance renewal appeared first on ReinsuranceNe.ws .
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Universal Insurance Holdings has renewed its reinsurance treaty with an extra $100mn limit, taking its coverage up to $3.4bn for any single Florida event after buying its first cat bond, Cosaint Re, earlier this year.
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A large number of insurers are economically efficient as their return on equity is keeping pace with cost. Specifically, Leadway Assurance, AIICO, FBN Insurance, Custodian Investment, AXA Mansard, NEM Insurance, Lasaco, Veritas, and Universal Insurance saw return on average equity (ROAE) rise faster than combined operating expenses, according to data compiled by MoneyCentral. Read on
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. Insurance Subsidiaries Complete 2021-2022 Reinsurance Programs
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Universal Insurance Plc has taken its Keke Pass campaign to Abuja as part of efforts to safeguard the lives of tricycle (popularly called Keke in Nigeria) riders and their passengers in Abuja. The post Universal insurance takes Keke Pass to Abuja appeared first on Vanguard News .
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Universal Insurance Plc has unveiled a personal accident cover called KEKE PASS to commercial tricycle riders. Its Managing Director/Chief Executive Officer (CEO), Mr. Benedict Ujoatuonu, in a statement, said with as low as N2,600, a Keke rider could get an accident cover. According to him, the KEKE PASS plan was designed to provide cover for []
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Universal Insurance Plc has unveiled personal accident cover called Keke Pass that is targeted at giving riders some level of protection. With as low as N2, 600 Keke riders can get a personal accident cover and have peace of mind. Keke Pass plan was uniquely designed to provide cover for personal accident to the insured []
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BY ZAKA KHALIQ | Universal Insurance Plc is set to insure tricycle riders with personal accident cover called KEKE PASS. With as low as N2, 600, Keke riders can get a personal accident cover and have peace of mind. KEKE PASS plan, according to the insurer, was uniquely designed to provide cover for personal accident []
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Reports Fourth Quarter 2020 Results
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Universal Insurance announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Announces Fourth Quarter 2020 Earnings Release and Conference Call Date and Estimated Weather Losses
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Appoints Matthew J. Palmieri as New President of Universal Property; Jon W. Springer to Retire, Will Remain on Board
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Universal Insurance Holdings, Inc. (NYSE:UVE) announced a None dividend on Monday, November 16th, Zacks reports. Shareholders of record on Friday, December 11th will be paid a dividend of 0.29 per share by the insurance provider on Friday, December 18th. The ex-dividend date is Thursday, December 10th. Universal Insurance has increased its dividend payment by 14.3% […]
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Reports Third Quarter 2020 Results
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Universal Insurance announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
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Universal Insurance (NYSE:UVE) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, October 27th. Analysts expect Universal Insurance to post earnings of $0.10 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link. Universal Insurance (NYSE:UVE) last […]
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Reports Fourth Quarter 2019 Results; Well-Positioned on EPS and ROAE guidance for 2020
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