Press Release /
May 30, 2013

Universal Insurance Holdings, Inc. Insurance Subsidiaries Complete 2013-2014 Reinsurance Program

FORT LAUDERDALE, FL–(Marketwired – May 30, 2013) – Universal Insurance Holdings, Inc. (“Company”) (NYSE MKT: UVE) announced the completion by Universal Property & Casualty Insurance Company (“UPCIC”) and American Platinum Property and Casualty Insurance Company (“APPCIC”), the Company’s wholly-owned insurance company subsidiaries, of its 2013-2014 reinsurance program effective June 1, 2013. The largest private participants in the insurance subsidiaries’ reinsurance program include leading reinsurance companies such as Odyssey Re, Everest Re, Renaissance Re, and Lloyd’s of London syndicates. The Company has filed a Current Report on Form 8-K with the Securities and Exchange Commission which provides additional details regarding the program.

“We are extremely pleased with the outcome and completion of the 2013-2014 reinsurance programs for our insurance companies,” said Sean Downes, president and chief executive officer of the Company. “We firmly believe the program provides Universal Property & Casualty Insurance Company and American Platinum Property and Casualty Insurance Company with enhanced and broader coverage at markedly reduced pricing over the 2012-2013 period.”

About Universal Insurance Holdings, Inc.
Universal Insurance Holdings, Inc., with its wholly-owned subsidiaries, is a vertically integrated insurance holding company performing all aspects of insurance underwriting, distribution and claims. Universal Property & Casualty Insurance Company (UPCIC), a wholly-owned subsidiary of the Company, is one of the leading writers of homeowners insurance in Florida and is now fully licensed and has commenced its operations in North Carolina, South Carolina, Hawaii, Georgia, Massachusetts and Maryland. American Platinum Property and Casualty Insurance Company, also a wholly-owned subsidiary, currently writes homeowners multi-peril insurance on Florida homes valued in excess of $1 million, which are limits and coverages currently not targeted through its affiliate UPCIC. For additional information on the Company, please visit our investor relations website at

Forward-Looking Statements and Risk Factors
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include commentary on plans, products and lines of business, marketing arrangements, reinsurance programs and other business developments and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could differ materially from those described and the Company undertakes no obligation to correct or update any forward-looking statements. For further information regarding risk factors that could affect the Company’s operations and future results, refer to the Company’s reports filed with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2012 and the Form 10-Q for the quarter ended March 31, 2013.

Investor Contact:
Philip Kranz
Dresner Corporate Services
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