United Fire Group UFCS Increase Decrease In Prepaid Reinsurance Premiums
Increase Decrease In Prepaid Reinsurance Premiums 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:IncreaseDecreaseInPrepaidReinsurancePremiums.
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 increase decrease in prepaid reinsurance premiums?
- United Fire Group (UFCS) reported increase decrease in prepaid reinsurance premiums of -$2.06M in Q1 2026.
- How has United Fire Group's increase decrease in prepaid reinsurance premiums changed year-over-year?
- United Fire Group's increase decrease in prepaid reinsurance premiums decreased by 172.7% year-over-year, from -$755K to -$2.06M.
- What is the long-term trend for United Fire Group's increase decrease in prepaid reinsurance premiums?
- Over 3 years (2021 to 2025), United Fire Group's increase decrease in prepaid reinsurance premiums has grown at a 50.9% compound annual growth rate (CAGR), from -$3.65M to -$12.56M.
- What does increase decrease in prepaid reinsurance premiums mean?
- This represents the change in the portion of reinsurance premiums paid in advance that relates to future coverage periods. It reflects the company's strategic decision to transfer risk to reinsurers for upcoming policy terms. Tracking this helps investors understand the company's risk management strategy and the timing of its reinsurance expenditures.