UVE reinsurance program: cost ratio drops to 31.8%, retention cut $3.5M

UNIVERSAL INSURANCE HOLDINGS, INC.

Total reinsurance cost projected at ~31.8% of direct premiums earned, down from ~37.6% last year.
Consolidated retention improved by $3.5M; UPCIC retention unchanged at $45M, APPCIC separate retention eliminated.
First event tower extends to $2.831 billion; full reinstatement on $846M for multi-event protection.
Secured $277M catastrophe capacity below FHCF extending into 2024 wind season; $150M bond in final year.
Largest private reinsurers all rated A+ or higher; no material changes to partners or terms.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.