Universal Insurance (UVE) Tops Q4 EPS by $1.21

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Go back to Universal Insurance (UVE) Tops Q4 EPS by $1.21

Universal Reports Fourth Quarter 2022 Results

February 23, 2023 4:05 PM EST

Diluted GAAP earnings per common share (EPS) of $0.82; diluted adjusted* EPS of $0.72 Book value per share of $9.47, up 10.9% from third quarter 2022; adjusted book value per share of $12.89, up 4.5% from third quarter 2022 Net combined ratio of 101.4%, down from 131.4% in the prior year quarter Direct premiums written of $416.1 million, up 4.2% from the prior year quarter

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Universal Insurance Holdings (NYSE: UVE) (the Company or Universal) reported fourth quarter and full year 2022 results.

It was a tough year, but Im proud of what our team... More