By Navneeta Nandan

May 30 - (The Insurer) - Universal Insurance Holdings has secured a combined reinsurance limit of $2.526 billion for its insurance company subsidiaries for the 2025/26 policy year, an increase of $110 million on the previous policy year.

The combined tower, which covers Universal Property and Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC) for a single all-states event, has seen no material changes to its historical reinsurance partners or terms and conditions, Universal said.

These include Nephila Capital/Markel, RenaissanceRe, Munich Re, Chubb Tempest Re, Ariel Re, Everest Re and unnamed Lloyd’s of London syndicates

Universal said it had also added $352 million of multi-year coverage which extends through the 2026-2027 treaty period, of which $277 million of the capacity sits below the Florida Hurricane Catastrophe Fund attachment point with the remaining $75 million sitting above the FHCF layer.

The combined $45 million all states first event retention remains unchanged from the prior year.

Universal said Florida represents less than 50% of its total insured values exposed to this year's Atlantic hurricane season.

Universal had previously disclosed its reinsurance buying plans for this year, stating in February that it had already placed 92% of its first event catastrophe tower ahead of its June 1 renewal, while also securing “significant” additional multiyear capacity that will carry over to the 2026 hurricane season.