UPCIC and APPCIC Secure 2025-2026 Reinsurance Program with $352M Multi-Year Coverage

Reuters

05/30

UPCIC and APPCIC Secure 2025-2026 Reinsurance Program with $352M Multi-Year Coverage

Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC), the wholly-owned subsidiaries of Universal Insurance Holdings Inc., have completed their 2025-2026 reinsurance program. The program, effective June 1, 2025, features a combined catastrophe reinsurance strategy with no significant changes to historical partners or terms. Notably, $352 million in multi-year coverage has been added, extending through the 2026-2027 period, with most coverage below the Florida Hurricane Catastrophe Fund's attachment point. The subsidiaries have increased their reinsurance tower for a single event to $2.526 billion, up by $110 million from the previous period. With Florida representing less than 50% of the company's total insured values exposed to the 2025 Atlantic hurricane season, the first event retention remains steady at $45 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Insurance Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250529085310) on May 29, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Insurance Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. 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The program, effective June 1, 2025, features a combined catastrophe reinsurance strategy with no significant changes to historical partners or terms. Notably, $352 million in multi-year coverage has been added, extending through the 2026-2027 period, with most coverage below the Florida Hurricane Catastrophe Fund's attachment point. The subsidiaries have increased their reinsurance tower for a single event to $2.526 billion, up by $110 million from the previous period. With Florida representing less than 50% of the company's total insured values exposed to the 2025 Atlantic hurricane season, the first event retention remains steady at $45 million.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Insurance Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250529085310) on May 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4107","symbol_name":"财产与意外伤害保险","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL7HrFdC:1","article_id":"2539295887","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539295887","pubTimestamp":1748549418,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Universal Property & Casualty Insurance Company  and American Platinum Property and Casualty Insurance Company , the wholly-owned subsidiaries of Universal Insurance Holdings Inc., have completed their 2025-2026 reinsurance program. The program, effective June 1, 2025, features a combined catastrophe reinsurance strategy with no significant changes to historical partners or terms. Notably, $352 million in multi-year coverage has been added, extending through the 2026-2027 period, with most coverage below the Florida Hurricane Catastrophe Fund's attachment point. The subsidiaries have increased their reinsurance tower for a single event to $2.526 billion, up by $110 million from the previous period. With Florida representing less than 50% of the company's total insured values exposed to the 2025 Atlantic hurricane season, the first event retention remains steady at $45 million.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4107":"财产与意外伤害保险","UVE":"万全保险"},"translate_title":"UPCIC和APPCIC确保2025-2026年再保险计划，多年承保范围为3.52亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UVE":0.9},"content_text":"UPCIC and APPCIC Secure 2025-2026 Reinsurance Program with $352M Multi-Year Coverage\n    \n\n        Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC), the wholly-owned subsidiaries of Universal Insurance Holdings Inc., have completed their 2025-2026 reinsurance program. The program, effective June 1, 2025, features a combined catastrophe reinsurance strategy with no significant changes to historical partners or terms. Notably, $352 million in multi-year coverage has been added, extending through the 2026-2027 period, with most coverage below the Florida Hurricane Catastrophe Fund's attachment point. The subsidiaries have increased their reinsurance tower for a single event to $2.526 billion, up by $110 million from the previous period. With Florida representing less than 50% of the company's total insured values exposed to the 2025 Atlantic hurricane season, the first event retention remains steady at $45 million.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Insurance Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. 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