Universal Insurance Holdings, Inc. (UVE) is conducting an exchange offer for up to $100,000,000 aggregate principal amount of its 7.75% Senior Unsecured Notes due 2031, swapping new SEC-registered notes for all outstanding unregistered notes issued June 16, 2026. The company will receive no cash proceeds and the exchange will not increase total indebtedness; old notes exchanged will be cancelled.
The New Notes are the same debt under the same indenture, with a 7.75% fixed coupon payable semiannually to June 30, 2031, senior unsecured ranking, optional redemption (including a make-whole prior to June 30, 2029 and call prices of 101.9375% then 100%), and a holder put at 101% upon a qualifying Change of Control. Interest can step up by up to 1.00 percentage point if ratings fall below investment grade or are withdrawn. As of June 30, 2026 UVE reported $3.31 billion in total assets, $637.2 million in stockholders’ equity, and $113.5 million in net income for the first half of 2026, with insurance subsidiaries’ statutory capital and surplus totaling $534.0 million.
UNIVERSAL INSURANCE HOLDINGS, INC. (UVE) Executive Chairman Sean P. Downes reported selling 20,000 shares of common stock on September 11, 2026 in an open-market or private sale at a weighted average price of $43.9781 per share, with individual trades ranging from $43.60 to $44.36. After this sale, he directly held 1,084,645 common shares. Separate from his direct holdings, he reported indirect ownership of 48,000 shares held by his children and 2,000 shares held by his spouse. No Rule 10b5-1 trading plan is reported for these transactions.
UNIVERSAL INSURANCE HOLDINGS, INC. (UVE) is the issuer for a planned sale of restricted shares reported under Rule 144 for the account of officer Sean P. Downes. The notice covers a proposed sale of 20,000 shares of common stock through Raymond James & Associates, Inc., with an aggregate market value of $876,000. In the prior three months, a separate sale of 20,000 shares of common stock for $884,339.81 was also reported for Downes.
Universal Insurance Holdings, Inc. (UVE) has filed a Form S-4 to register an exchange offer for up to $100.0 million aggregate principal of its 7.75% Senior Unsecured Notes due 2031. Holders may exchange privately placed unregistered notes issued on June 16, 2026 for new, SEC-registered notes on a par principal basis.
The exchange offer will not provide any cash proceeds to the company and will not increase outstanding indebtedness; Old Notes tendered will be retired and cancelled. The New Notes are identical in all material respects to the Old Notes except for registration, transfer restrictions, CUSIP and the absence of registration rights or additional interest. As of June 30, 2026, Universal reported $3.31 billion in consolidated assets, $637.2 million in total stockholders’ equity, direct written premium of $1.1 billion for the first six months of 2026, total revenues of $820.6 million and net income of $113.5 million.
Universal Insurance Holdings Executive Chairman Sean P. Downes reported selling 20,000 shares of common stock on 2026-08-05 in a sale characterized as an open-market or private transaction at a weighted average price of $44.2682 per share, with individual prices ranging from $43.96 to $44.69. Following the sale, he directly holds 1,104,645 common shares and reports indirect holdings of 2,000 shares held by his spouse and 48,000 shares held by his children. The filing indicates the transactions were not made under a Rule 10b5-1 trading plan.
UVE reports that Sean P. Downes has filed a notice to sell up to 20,000 shares of common stock through Raymond James and Associates, with an indicated value of $883,000.00, targeting a transaction date of 08/05/2026 on the NYSE.
The filing also lists prior sales of 20,000 shares of common stock on 05/15/2026 for $773,576.09 and another 20,000 shares on 06/11/2026 for $763,314.30, providing recent trading history for the reporting person’s holdings.
Universal Insurance Holdings, Inc. Executive Chairman Sean P. Downes had 23,610 shares of common stock withheld on July 28, 2026 to satisfy a tax withholding obligation related to vesting of restricted shares at $44.22 per share. After this, he directly holds 1,124,645 shares, with additional indirect holdings of 48,000 shares held by children and 2,000 shares held by his spouse.
Universal Insurance Holdings reported higher Q2 2026 results. Total revenues were $427,033 thousand, up from $400,141 thousand, as net premiums earned and investment income grew. Net income rose to $59,188 thousand from $35,093 thousand, and diluted EPS increased to $2.04 from $1.21.
For the first six months of 2026, net income was $113,479 thousand versus $76,532 thousand. Operating cash flow was $255,899 thousand. Total assets reached $3,306,164 thousand and stockholders’ equity $637,155 thousand. The company refinanced $100,000 thousand of 5.625% notes with new 7.75% senior notes due 2031 and continued paying quarterly dividends of $0.16 per share.
Universal Insurance Holdings reported second quarter 2026 results with total revenues of $427,033 (in thousands), net income available to common stockholders of $59,186 (in thousands) and diluted EPS of $2.04, all higher than a year earlier, including a 68.7% increase in net income and 68.6% increase in diluted EPS. Annualized return on average common equity reached 38.8%, while adjusted diluted EPS was $1.84 and annualized adjusted ROCE was 33.2%.
Underwriting performance strengthened: the net loss ratio declined to 64.8%, producing a net combined ratio of 91.6% versus 97.8% in the prior-year quarter, despite a modestly higher expense ratio. Direct premiums written were $621,314 (in thousands), up 4.1%, with growth in both Florida and other states. Net premiums earned rose 4.7% to $377,273 (in thousands), and net investment income increased to $20,213 (in thousands).
Book value per share increased to $22.89, up 39.7% year-over-year, and adjusted book value per share to $24.17, up 35.4%. Management highlighted favorable claims and litigation trends associated with Florida legislative reforms and a new reinsurance program. The company repurchased approximately 122 thousand shares for $4.5 million, declared a quarterly dividend of $0.16 per share, and grew policies in force 7.1% to 934,371.