United Fire Group, Inc · NASDAQ:UFCS
United Fire — Q3 2025 Earnings Presentation
7 slides from United Fire's earnings presentation, Nov 5, 2025
Slide 1: Third Quarter 2025 Results
THIRD QUARTER 2025 RESULTS November 5, 2025
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 Third Quarter Year to Date (In Millions, Except Per Share Data) 2025 2024 Change 2025 2024 Change Net premiums written $328 $306 7% $1,036 $953 9% ▪ Third quarter net income of $39M, or $1.49 per Net premiums earned $328 $300 9% $952 $869 10% share, nearly doubled from
Slide 4: P&C Trends
P&C TRENDS Net written premium ($M) $400,000 ▪ Net written premium grew 7% to a third quarter record $350,000 $373 of $328M $300,000 $326 $335 $328 $321 $306 $250,000 $279 ▪ All combined ratio elements improved compared to prior $200,000 year in third quarter $150,000 $100,000 ▪ Underlying loss rati
Slide 5: P&C Production Results
P&C PRODUCTION RESULTS ▪ Q3 growth led by core commercial, where net written premium increased 22% from 86% 86% 82% 82% 82% 81% 81% 20% prior year 18% Retention 16% 14% 10.9% 12.3% 12.7% 12.2% 11.7% ▪ Core commercial rate increases moderated 12% 9.4% Renewal premium change 10% to 5.8% while continui
Slide 6: Investment Portfolio
INVESTMENT PORTFOLIO Investment portfolio composition & quality Portfolio Composition Fixed Maturity Credit Rating ▪ Q3 invested assets of $2.3B, with 89% of Rating % of Portfolio invested assets in fixed income securities Other & Long- Term AAA 28.9% Partnerships 11% AA 38.6% ▪ High-quality portfol
Slide 7: Investment Income
INVESTMENT INCOME Results Third Quarter Year to Date ▪ Fixed maturity income increased 17% (In Millions) 2025 2024 Change 2025 2024 Change above prior year due to portfolio management actions and reinvestment of Investment income: portfolio proceeds at yields above portfolio Interest on fixed maturi