United Fire Group Q1 net income up 70% to $30.1M, combined ratio improves to 95.6%

UNITED FIRE GROUP INC

2026-Q1 EPS reported $1.15 revenue$369,442,000

Net income $30.1M ($1.15 diluted EPS) vs $17.7M prior year; adjusted operating income $30.3M ($1.16 EPS).
Net written premium grew 12% to $376.9M (record); net investment income up 15% to $27.0M.
Combined ratio improved 3.8 pts to 95.6%; underlying combined ratio improved 2.5 pts to 91.9%.
Book value per share $37.06 (up $0.18 from Dec 31); adjusted book value $38.61; ROE 12.7%.
CEO Kevin Leidwinger reports highest first-quarter EPS in seven years; company cites positive momentum.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UNITED FIRE GROUP INC reported quarter ended March 31, 2026 results: net income $30.1 million, EPS $1.15 per diluted share.

Period: quarter ended March 31, 2026
Net income: $30.1 million
EPS: $1.15 per diluted share
Result: reported results

Exact text from the filing

United Fire Group, Inc. reports first quarter 2026 results First quarter net income of $1.15 per diluted share and adjusted operating income of $1.16 per diluted share First quarter 2026 highlights compared to first quarter 2025, unless otherwise noted: (1) • Net income increased $12.4 million to $30.1 million.

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Source: SEC EDGAR

accession 0000101199-26-000029

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