{"id":24478,"date":"2026-06-23T01:56:00","date_gmt":"2026-06-22T23:56:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=f06b95c487e92f6a6978517a76fe582d"},"modified":"2026-06-23T01:56:00","modified_gmt":"2026-06-22T23:56:00","slug":"kbra-assigns-rating-to-senior-unsecured-notes-issued-by-universal-insurance-holdings-inc","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=24478","title":{"rendered":"KBRA Assigns Rating to Senior Unsecured Notes Issued by Universal Insurance Holdings, Inc."},"content":{"rendered":"

NEW YORK--(BUSINESS WIRE)--#creditratingagency<\/a>--KBRA assigns a BBB long-term credit rating (LTCR) to Universal Insurance Holdings, Inc.'s (UVE\u2019s) $100 million, 7.75% Senior Unsecured Notes (Notes) due 2031, with a Stable outlook. UVE intends to use the net proceeds from the offering for general corporate purposes, including redemption of its existing $100 million 5.625% Senior Unsecured Notes due November 30, 2026, extending UVE\u2019s debt maturity profile to 2031. The Notes are senior unsecured obligations of UVE and rank equally with the company\u2019s current and future senior unsecured indebtedness, while remaining structurally subordinated to policyholder obligations and other liabilities of UVE\u2019s subsidiaries.<\/p><\/a><\/a>

\nUVE is a holding company offering property and casualty insurance and value-added insurance services, including risk management, claims management, and distribution. The primary insurance entities, Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC), offer insurance products through both their appointed independent agent network and Universal\u2019s online distribution channels across 19 active states, most notably Florida.<\/p>

\nTo access ratings and relevant documents, click here<\/a>.<\/p>

\nMethodology<\/strong><\/p>