Universal Insurance ( (UVE) ) has released its Q2 earnings. Here is a breakdown of the information Universal Insurance presented to its investors.
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Universal Insurance Holdings, Inc. is a leading provider of property and casualty insurance, primarily focusing on personal residential homeowners lines of business in the United States, with a significant presence in Florida. In the second quarter of 2025, Universal Insurance reported strong financial results, with a diluted GAAP earnings per share of $1.21 and an adjusted earnings per share of $1.23. The company achieved an annualized return on average common equity of 31.9%, with direct premiums written increasing by 3.2% to $596.7 million. Book value per share saw a significant year-over-year increase of 18.9%, reaching $16.39. Key highlights from the earnings report include a 5.2% increase in total revenues to $400.1 million and a 4.4% rise in net premiums earned to $360.2 million. The company also reported a net income of $35.1 million, slightly down from the previous year, but adjusted net income showed a positive growth of 3.0%. Universal Insurance’s strategic focus on expanding its footprint beyond Florida is evident, with a 25.4% growth in direct premiums written in other states. The company returned $12.0 million to shareholders through share repurchases and dividends. Looking ahead, Universal Insurance remains optimistic about its growth prospects, supported by favorable underwriting trends and improvements in the Florida market.