United Fire Group, Inc · NASDAQ:UFCS
United Fire — Q3 2026 Earnings Presentation
7 slides from United Fire's earnings presentation, Nov 4, 2026
Slide 1: Third Quarter 2026 Results
THIRD QUARTER 2026 RESULTS November 4, 2026
Slide 2: Safe Harbor Statement and Non-GAAP Measures
SAFE HARBOR STATEMENT AND NON-GAAP MEASURES This presentation may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securitie
Slide 3: Consolidated Financial Results
CONSOLIDATED FINANCIAL RESULTS ▪ Year-to-date record net income and earnings per share ▪ Return on equity of 14%, the best in nearly 20 years ▪ Third quarter net written premium grew 13% ▪ Third quarter combined ratio of 94.6%, the best of 2026 ▪ Year-to-date combined ratio of 95.2% improved 0.7 poi
Slide 4: P&C Trends
P&C TRENDS ▪ Net written premium increased 13% in the third quarter led Net written premium ($M) by core commercial 600 500 ▪ Third quarter combined ratio of 94.6% above exceptionally 400 strong prior year quarter; year-to-date combined ratio of $377 $406 95.2% improved 0.7 points with decreased exp
Slide 5: P&C Production Results
P&C PRODUCTION RESULTS 20% 81% 86% 86% 85% 83% 83% 85% ▪ Third quarter core commercial net written premium 18% growth of 13% achieved through broader access to Retention 16% new business opportunities from strengthened 14% 11.7% 12% distribution relationships, deepened underwriting Renewal premium c
Slide 6: Investment Portfolio
INVESTMENT PORTFOLIO Investment portfolio composition & quality Portfolio composition Fixed maturity credit rating Rating % of portfolio ▪ Third quarter total invested assets of Other & long- term AAA 25% $2.5B, with 90% of invested assets in partnerships 10% AA 38% fixed income securities A 25% Baa
Slide 7: Investment Income
INVESTMENT INCOME Results ▪ Third quarter net investment income growth driven by 25% increase in fixed maturity income ▪ Fixed maturity income growth driven by a combination of portfolio growth and ongoing investment at yields above portfolio average ▪ New purchase yield of 5.6% exceeds total Fixed