Brief: Universal Provides Hurricane Ian Update

Universal Insurance Holdings

11/10/2022 22:32

Oct 11 (Reuters) - Universal Insurance Holdings Inc
 UVE.N :
    * UNIVERSAL PROVIDES HURRICANE IAN UPDATE
    * UNIVERSAL INSURANCE - TO DATE, WE'VE RECEIVED
APPROXIMATELY
18,000 CLAIMS, ROUGHLY HALF NUMBER OF HURRICANE IRMA CLAIMS
RECEIVED AT THIS POINT
    * UNIVERSAL INSURANCE - ESTIMATES ITS OVERALL GROSS ULTIMATE
LOSS
TO BE ABOUT $1 BILLION, WELL BELOW ITS $3 BILLION OVERALL
REINSURANCE TOWER

Source text for Eikon:  ID:nBw9D2r99a 
Further company coverage:  UVE.N 
 ((Reuters.Briefs@thomsonreuters.com;))