Universal Insurance Holdings provides various property and casualty insurance products in the United States. The Company primarily underwrites homeowners' insurance products and offers reinsurance intermediary services. It offers its products through a network of independent agents. Universal Insurance Holdings also operates Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies.
Type
Public
HQ
Fort Lauderdale, US
Founded
1990
Size (employees)
483 (est)
Universal Insurance Holdings was founded in 1990 and is headquartered in Fort Lauderdale, US
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Universal Insurance Holdings Office Locations

Universal Insurance Holdings has offices in Fort Lauderdale and New York
Fort Lauderdale, US (HQ)
100 1110 W Commercial Blvd
New York, US
17 Battery Pl
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Universal Insurance Holdings Financials and Metrics

Universal Insurance Holdings Financials

Universal Insurance Holdings's revenue was reported to be $685.29 m in FY, 2016 which is a 25.4% increase from the previous period.
USD

Net income (Q2, 2017)

29.4 m

Market capitalization (20-Apr-2018)

1.2 b

Cash (30-Jun-2017)

245.5 m

EV

933.7 m
Universal Insurance Holdings's current market capitalization is $1.2 b.
Annual
usdFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

239.9 m225.9 m269.9 m301.2 m369.3 m546.5 m685.3 m

Revenue growth, %

(6%)20%12%23%48%25%

General and administrative expense

221.2 m

Operating expense total

221.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017

General and administrative expense

24.9 m24.4 m28.9 m32.2 m32.2 m42.7 m55.3 m57.2 m54.7 m56.9 m57.4 m

Operating expense total

53.3 m51.2 m56.6 m66.3 m65.8 m82.4 m109.1 m123.3 m128.3 m127.5 m137.6 m

Pre tax profit

25.1 m23.1 m30.4 m37.2 m38 m41.2 m47.9 m41.1 m44.2 m47.4 m47.9 m

Income tax expense

15.7 m16.5 m17.6 m15.9 m17.3 m16.2 m18.5 m
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

173.8 m133.6 m229.7 m347.4 m117.3 m115.4 m197 m105.7 m

Accounts Receivable

2.6 m2.8 m5.8 m

Inventories

PP&E

9.3 m17.3 m32.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

137.3 m122.8 m201.4 m170.4 m182.3 m213.3 m201.8 m160 m215.3 m205.2 m160.4 m245.5 m

Accounts Receivable

3.4 m3.3 m3.3 m3.2 m3.3 m4.5 m5.2 m21.8 m6.2 m5.9 m5.4 m7.8 m

PP&E

9.3 m9.7 m9.8 m10 m21.2 m23.8 m26.3 m28.1 m29.7 m30.8 m32.5 m33.1 m

Total Assets

972.3 m901.4 m950.4 m940.3 m967.2 m1 b1.1 b1 b1.1 b1.2 b1.1 b1.4 b
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

59 m73 m106.5 m99.4 m

Depreciation and Amortization

1 m1.2 m2 m3.2 m

Accounts Payable

(927 k)680 k(3.7 m)2.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

14.4 m13.5 m17.1 m21.3 m22.3 m24.7 m30.3 m25.2 m26.9 m31.2 m

Accounts Payable

4.8 m4.5 m2.5 m2 m1.6 m3.9 m2.9 m2.3 m3.3 m
USDY, 2017

Financial Leverage

3.3 x
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Universal Insurance Holdings Operating Metrics

Universal Insurance Holdings's Reported Claims, units was reported to be 35.7 k in FY, 2016.
FY, 2014FY, 2015FY, 2016

Agents

7 k7.80 k8.60 k

In-Force Policies

556.35 k883.41 k

Reported Claims, units

22.35 k26.50 k35.69 k
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