United Fire Group reports Q2 net income up 45% to $1.29/share on 95.3% combined ratio

Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read

Key Changes

• high

  Net income rose 45% to $33.4M ($1.29/share) vs. prior year quarter; adjusted operating income up 42% to $33.7M ($1.30/share); six-month ROE of 13.2% marks strongest year-to-date performance in two decades.

  Exhibit 99.1 view on EDGAR →
• high

  Combined ratio improved 1.1 points to 95.3%, the best second-quarter result in over 15 years, driven by catastrophe losses of 2.7% (down 2.8 points from 5.5% prior year) and underlying loss ratio of 57.2% (down 0.4 points).

  Exhibit 99.1 view on EDGAR →
• high

  Net written premium grew 9% to record $406.4M; core commercial renewal premium up 4.6% (2.9% rate, 1.7% exposure); net earned premium rose 12.5% to $354.1M.

  Exhibit 99.1 view on EDGAR →