earnings
confidence high
sentiment positive
materiality 0.70
United Fire Q1 net income up 31% to $17.7M; record net written premium $335.4M
UNITED FIRE GROUP INC
2025-Q1 EPS reported
$0.67
revenue$331,115,000
- Net income $17.7M ($0.67 diluted EPS); adjusted operating income $18.3M ($0.70 diluted EPS).
- Net investment income rose 44% to $23.5M on higher fixed maturity income and improved LP valuations.
- Combined ratio 99.4% (+0.5 pts); underlying loss ratio improved 2.9 pts to 56.5%.
- Net written premium grew 4% to a record $335.4M; core commercial renewal premiums up 11.7%.
- California wildfires contributed 2.6 pts to the 5.0% catastrophe loss ratio.