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United Fire Group UFCS Reserve for insurance claims

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Other financials

Income statement

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Revenue$369.4M+11.6%
Net income$30.1M+69.8%
EPS (diluted)$1.15+71.6%

Balance sheet

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Cash & equivalents$162.0M-11.8%
Total debt$146.3M
Total equity$950.6M+16.3%
Total assets$3.9B+10.8%

Cash flow

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Operating cash flow$56.6M+58.7%
CapEx$384.0K-84.6%
Free cash flow$56.2M+69.5%

Valuation

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Market cap$1.4B+83.6%
Enterprise value$1.38B
P/E10.7×+2.4×
P/S+0.4×

Profitability

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Net margin9.2%+4.0pp
FCF margin20.1%-5.4pp

Returns & leverage

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Return on equity14.8%+6.3pp
Debt / equity0.2×

Where this comes from

Reported directly by United Fire Group in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.

The source filing: United Fire Group’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 1:59 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000101199-26-000031
Line itemMarch 31,2026December 31,2025
Other assets125,299122,750
Total assets$3,909,541$3,840,789
Liabilities
Losses and loss settlement expenses$1,970,257$1,924,826
Unearned premium691,461660,210
Accrued expenses and other liabilities150,935168,383
Long term debt146,274146,200
Total liabilities$2,958,927$2,899,619

ITEM 1. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

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.

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