United Insurance Holdings (UIHC) Tops Q3 EPS by 15c

United Insurance Holdings Corp. Reports Financial Results for Its Third Quarter Ended September 30, 2015

October 28, 2015 4:05 PM EDT

Company to Host Quarterly Conference Call at 9:00 A.M. on October 29, 2015

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial results for the third quarter ended September 30, 2015.

($ in thousands, except per share and ratios)   Three Months Ended   Nine Months Ended September 30, September 30, 2015   2014   Change 2015   2014   Change Gross premiums written $ 155,985 $ 105,065

48.5

%

$ 425,183 $ 322,986

31.6

%

Gross premiums earned $ 128,733 $ 100,851

27.6

%

$ 364,897 $ 293,085

24.5

%

Ceded premiums earned $ (44,730 ) $ (35,741 )

25.2

%

$ (122,394 ) $ (99,757 )

22.7

%

Net... More