---
schema_version: "secwatch.filing_event.v1"
accession: "0000891166-23-000049"
form_type: "8-K"
ticker: "UVE"
cik: "0000891166"
company_name: "UNIVERSAL INSURANCE HOLDINGS, INC."
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T12:18:37.930509+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000891166-23-000049
- form_type: 8-K
- ticker: UVE
- cik: 0000891166
- company_name: UNIVERSAL INSURANCE HOLDINGS, INC.
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/891166/000089116623000049/0000891166-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/891166/000089116623000049/uve-20230530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000891166-23-000049
- JSON: https://secwatch.observer/filing/0000891166-23-000049.json
- Plain text: https://secwatch.observer/filing/0000891166-23-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.