Universal Property & Casualty Insurance Company has a comprehensive reinsurance program in place for the 2011 hurricane season including the following:
- Catastrophe excess of loss provided by the Florida Hurricane Catastrophe Fund (Mandatory Layer) at the 90% level
- Catastrophe excess of loss provided by the Florida Hurricane Catastrophe Fund to companies that participated in the Insurance Capital Build-Up Incentive Program
- Catastrophe excess of loss
- Property Per Risk (per property) and Liability excess of loss
- Second and Third Event catastrophe excess of loss
- Reinstatement Premium Protection
In addition to the above, the Company maintains Quota Share reinsurance coverage on its homeowners and dwelling fire business.
The following is a list of Universal P&C’s reinsurance partners for the 2011 hurricane season:
| 2011 Reinsurance Partners | AM Best Rating | S&P Rating |
|---|
| Domestic |
| American Agricultural Ins. Co. | A | A |
| Everest Reinsurance Company | A+ | A+ |
| Houston Casualty Company | A+ | AA |
| Munich Re America | A+ | AA- |
| Odyssey Reinsurance Company | A | A- |
| Bermuda |
| ACE Tempest Reinsurance Limited | A+ | A+ |
| Aeolus Re Ltd. | Collateralized | Collateralized |
| Alterra Bermuda Limited | A | A- |
| Amlin Bermuda | A | A |
| Arch Re | A | |
| Argo Reinsurance Limited | A | |
| Ariel Reinsurance Company Ltd | A- | |
| AXIS Specialty Limited | A | A+ |
| DaVinci Reinsurance Ltd | A | A+ |
| Flagstone Reassurance Suisse SA | A- | |
| Hannover Re (Bermuda) Limited | A | AA- |
| Hiscox Insurance Co (Bermuda) Limited | A | |
| Montpelier Reinsurance Limited | A- | A- |
| MS Frontier Reinsurance Limited | A | AA |
| Partner Reinsurance Company Limited | A+ | AA- |
| Platinum Underwriters Bermuda Limited | A | |
| Renaissance Reinsurance Limited | A+ | AA- |
| SIRIUS International Insurance Corporation | A | A- |
| Tokio Millennium Reinsurance Limited | A+ | AA |
| Torus Insurance (Bermuda) Limited | A- | |
| White Rock Insurance (SAC) Ltd. | Collateralized | Collateralized |
| XL Reinsurance Limited | A | A+ |
| Europe/Asia |
| Allianz Risk Transfer AG | | AA |
| General Insurance Corporation of India | A- | |
| Lansforsakringar Sak Forsakringsaktiebolag (publ) | | A |
| R+V Versicherung AG | | A+ |
| SCOR Switzerland AG | A- | A |
|
| Lloyds of London Syndicates |
| 033 (HIS) – Hiscox | A | A+ |
| 0382 (HDU) – Hardy | A | A+ |
| 0435 (FDY) – Faraday | A | A+ |
| 0510 (KLN) – Kiln | A | A+ |
| 0566 (STN) – Limit (QBE) | A | A+ |
| 0570 (ATR) – Atrium | A | A+ |
| 0623/2623 (AFB) – Beazley | A | A+ |
| 0626 (IRK) – King | A | A+ |
| 0780 (ADV) – Advent | A | A+ |
| 0958 (GSC) – Omega | A | A+ |
| 1084 (CSL) – Chaucer | A | A+ |
| 1274 (AUL) – Antares | A | A+ |
| 1301 (BGT) – Broadgate | A | A+ |
| 1400 (DRE) – Alterra | A | A+ |
| 1414 (ASC) – Ascot | A | A+ |
| 1880 (TMK) – Tokio Marine Kiln | A | A+ |
| 1955 (BAR) – Barbican | A | A+ |
| 2001 (AML) – Amlin | A+ | A+ |
| 2003 (SJC) – Catlin | A | A+ |
| 2007 (NVA) – Novae | A | A+ |
| 2010 (MMX) – Cathedral | A | A+ |
| 2791 (MAP) – MAP | A | A+ |
| 2987 (BRT) – Brit | A | A+ |
| 4020 (ARK) – Ark | A | A+ |
| 4472 (LIB) – Liberty Paris | A | A+ |