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John Donald moves to the role from the position of managing director.
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Data from the Florida state insurance supervisor gives Universal an 8.3 percent market share in the counties lying in the path of the hurricane.
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A state of emergency is declared in 35 counties as the storm strengthens to a Category 1 hurricane.
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A stronger Hurricane Michael could produce double-digit insured losses.
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The storm is currently heading towards the Florida Panhandle.
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Pioneer swung to an underwriting loss after HIM while BMS benefited from acquisitions.
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The catastrophe loss aggregator delivers its final tally for insured property losses from the storm.
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The storm is on track to hit the northern tip of Japan's Honshu island and the south of Hokkaido island.
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The storm will be the tenth storm to hit Japan this year.
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Morgan Stanley predicts multiple catastrophes could push industry losses over the historical Q3 average of $13bn
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The tenth tropical storm to strike the country this year is likely to hit later this week.
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The RAA said FEMA has demonstrated “continued commitment” to increasing the number of flood insurance policyholders.
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