United Fire Group UFCS Reserve for insurance claims
Reserve for insurance claims at other companies
Other financials
Where this comes from
Reported directly by United Fire Group in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.
The official record: United Fire Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is United Fire Group's reserve for insurance claims?
- United Fire Group (UFCS) reported reserve for insurance claims of $1.97B in Q1 2026.
- How has United Fire Group's reserve for insurance claims changed year-over-year?
- United Fire Group's reserve for insurance claims increased by 8.5% year-over-year, from $1.82B to $1.97B.
- What is the long-term trend for United Fire Group's reserve for insurance claims?
- Over 5 years (2020 to 2025), United Fire Group's reserve for insurance claims has grown at a 4.1% compound annual growth rate (CAGR), from $1.58B to $1.92B.
- What does reserve for insurance claims mean?
- This liability represents the estimated ultimate cost of settling all reported and unreported insurance claims and associated claim adjustment expenses incurred up to the reporting date. It is the most significant liability for an insurer and serves as a primary indicator of underwriting discipline and the adequacy of historical loss projections.