United Fire Group, Inc · NASDAQ:UFCS
United Fire — Q2 2026 Earnings Presentation
7 slides from United Fire's earnings presentation, Aug 4, 2026
Slide 1: Second Quarter 2026 Results
SECOND QUARTER 2026 RESULTS August 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 (In millions, except per share data) 2026 Second quarter 2025 Change 2026 Year to date 2025 Change ▪ Second quarter results produced record net written Net written premium $406 $373 9% $783 $708 11% Net earned premium $354 $315 12% $697 $623 12% premium, net income and
Slide 4: P&C Trends
P&C TRENDS Net written premium ($M) 600 500 ▪ Net written premium increased 9% in the second 400 $406 quarter led by core commercial $373 $377 300 $335 $328 $310 200 ▪ Second quarter combined ratio improved 1.1 points 100 to 95.3% driven by a lower catastrophe loss ratio - Q1 Q2 Q3 Q4 Q1 Q2 2025 202
Slide 5: P&C Production Results
P&C PRODUCTION RESULTS 20% 81% 86% 86% 85% 83% 83% ▪ Second quarter net written premium growth driven 18% by a 9% increase in core commercial, achieved Retention 16% 14% 11.7% through broader access to new business Renewal premium change 12% 9.4% opportunities from strengthened distribution 10% 8% 7
Slide 6: Investment Portfolio
INVESTMENT PORTFOLIO Investment portfolio composition & quality Portfolio composition Fixed maturity credit rating Rating % of portfolio ▪ Second quarter total invested assets of Other & long- term AAA 27% $2.5B, with 90% of invested assets in partnerships 10% AA 38% fixed income securities A 24% Ba
Slide 7: Investment Income
INVESTMENT INCOME Results ▪ Second quarter net investment income increased 33%, with 24% growth in fixed maturity income ▪ Fixed maturity income growth driven by a combination of portfolio growth and ongoing investment at yields above portfolio average Fixed maturity ▪ New purchase yield of 5.1% con