Universal Insurance Holdings, Inc.
Universal Insurance Holdings, Inc. (NYSE: UVE) is trading at $42.51, about ₹4,078 at today's USD/INR rate, as of 28 Sep 2026, 12:26 PM ET, up 0.88% today. Indian residents can buy Universal Insurance from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$42.28
Today's high
$43.16
52 week low
$25.58
52 week high
$45.15
UVE opened at $42.42, closed previously at $42.14, and has traded between $25.58 and $45.15 over the past 52 weeks.
About
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company offers insurance products for personal residential insurance, such as homeowners, renters and tenants, condo unit owners, and dwelling and fire; and allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; evaluates insurance risk and exposures on an individual and portfolio basis and assists the insurance entities with pricing risks; places and manages its reinsurance programs; and operates its digital insurance agency, Clovered.com. It offers its products through its independent agency network, direct-to-consumer online distribution, and digital insurance agency platform. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.
Key statistics
Avg. volume
194.70K
Market cap
$1.18B
P/E Ratio
5.37
Price-to-sales ratio
0.73
Enterprise value
$748.76M
Free cash flow yield
28.71%
Debt-to-equity ratio
0.15
Return on equity
38.78%
ROIC
7.43%
Beta
0.73
Dividend yield
1.81%
Last dividend
$0.77
Financial overview
Revenue
$1.60B
Earnings per share
$6.56
Free cash flow
$377.06M
Net profit margin
13.55%
Gross margin
37.71%
EBITDA
$256.56M
Revenue growth
4.94%
Similar securities
This is not an investment recommendation
How to buy Universal Insurance from India
Indian residents can buy Universal Insurance shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Universal Insurance and place an order
Find Universal Insurance by name or by its ticker, UVE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Universal Insurance trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Universal Insurance position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Universal Insurance from India
Trading and taxes when buying Universal Insurance from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Universal Insurance’s current yield is 1.81%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Universal Insurance stock?
Yes. Universal Insurance (UVE) has been listed on the New York Stock Exchange since 2003, in the Insurance - Property & Casualty industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Universal Insurance share cost in rupees?
One Universal Insurance share is $42.51 — about ₹4,078 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Universal Insurance price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Universal Insurance from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Universal Insurance?
Yes. One Universal Insurance share is $42.51, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Universal Insurance.
How are gains on Universal Insurance shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Universal Insurance price. Paasa issues a capital-gains statement for your return.
Does Universal Insurance pay a dividend, and how is it taxed in India?
Yes. Universal Insurance pays a dividend and the current yield is 1.81%; the last declared dividend was $0.77 per share, about ₹73.87. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Universal Insurance from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Universal Insurance shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Universal Insurance shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Universal Insurance holding, its cost and its closing value.
How do I sell Universal Insurance and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.