United Fire Group Q1 net income rises 70% to $30.1 million, or $1.15 per share
United Fire Group reported first quarter 2026 net income of $30.1 million, or $1.15 per diluted share, up from $17.7 million, or $0.67, a year earlier. Net written premium rose 12.4% to $376.9 million and the combined ratio improved 3.8 points to 95.6%, so underwriting and profit both improved for shareholders.
Key points
- Net income was $30.1 million ($1.15 per diluted share) versus $17.7 million ($0.67) in Q1 2025; adjusted operating income was $30.3 million ($1.16 per diluted share).
- Combined ratio improved to 95.6% from 99.4%, with catastrophe losses at 3.7% of premium versus 5.0% a year earlier.
- Net written premium grew 12.4% to $376.9 million; book value per share rose $0.18 to $37.06 from December 31, 2025.
- The company paid a $0.20 per share cash dividend during the quarter; an earnings call is set for 9:00 a.m. CT on May 6, 2026.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.