Rating
Universal North America Insurance Company is rated A- (Excellent) by A.M. Best, a prestigious regulating agency.  Universal Insurance Company, a subsidiary of our parent company Universal Group, Inc., has also earned a Best rating of "A" (Excellent).  UICNA maintains a Demotech, Inc. rating of "A" (excellent).

Reinsurance
Universal Insurance Company maintains an extensive reinsurance portfolio to provide the financial stability and peace of mind you would expect from a global insurer. Our current program incorporates both Quota Share and Catastrophic Excess of Loss reinsurance.

Quota Share
Quota Share reinsurance is purchased so that losses are shared by a stated percentage/amount for each risk within a defined category of business. The participation in each risk is fixed and certain.

Catastrophe Excess of Loss
Catastrophe excess of loss reinsurance protects the Company in the event losses exceed a specified retention level. Universal Insurance Company's current maximum retained loss per exposure unit is $ 150,000.

Reinsurance is placed in the Bermuda, London, International and Domestic Company markets.

Reinsurance Program: Effective: June 1, 2007