Universal Insurance Holdings Inc
Company Overview
Universal Insurance Holdings Inc is a vertically integrated insurance holding company that provides property and casualty insurance services through its wholly-owned subsidiaries. The company primarily operates through Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC), offering homeowners insurance policies in multiple states.
The company's main revenue streams come from insurance premiums, investment income, and commission income from their insurance operations. They also provide insurance agency services and claims adjustment services.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $385.94m | $1.62m | $-1619000.0 | $1.62m | 0.42% | 100.00% |
| March 31, 2024 | $366.34m | $1.62m | $-1622000.0 | $1.62m | 0.44% | 100.00% |
Company Impact
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