United falls to $24.6mn loss on higher cat losses and reinsurance costs
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United falls to $24.6mn loss on higher cat losses and reinsurance costs

Eileen AJ Connelly
August 05, 2021
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United Insurance Holdings (UPC) reported a core after-tax loss of $24.6mn, or $0.57 per share, for the 2021 second quarter, following higher catastrophe losses and a drop in net earned premium.

The loss reverses a core profit of $8.8mn, or $0.20 per share, a year ago. The carrier’s combined ratio soared by 28.5

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Eileen AJ Connelly
Contributing Editor
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