Universal Insurance Valuation: Is 1.78x Book Value Too Rich?

Key Takeaways UVE trades at 1.78x book, above its industry after a strong rally, raising valuation questions.Universal Insurance book value rose 48.1% to $19.67, signaling stronger capital and underwriting.UVE secured 90% of its 2026 cat tower and approved a $20M buyback, boosting visibility and support.Universal Insurance Holdings (UVE) has rallied over the past year, and the market is now asking how much of the turnaround is already in the price. For property and casualty insurers, book value is often the ...