Jason Weaver

Paul Newsome

Jon Paul Newsome

Matthew Erdner

- **UFCS** reported **Q3 2025 net income of $39 million**, or **$1.49 per diluted share**, nearly doubling from the prior year.  **[0000101199_2233511:4]** 
- The company achieved a **combined ratio of 91.9%** in Q3 2025, representing a **6.3 percentage point improvement** from Q3 2024, which were the best results in nearly 20 years.  **[0000101199_2233511:4]** 
- **Net premiums written grew 7%** to a third-quarter record of **$328 million** in Q3 2025.  **[0000101199_2233511:4]** 
- Year-to-date **Return on Equity (ROE) reached 12.7%**, and **Book Value per Share increased to $35.22**.  **[0000101199_2233511:4]** 
- **Net investment income increased 6% to $26 million** in Q3 2025, driven by a 17% growth in fixed maturity income.  **[0000101199_2233511:4]** **[0000101199_2233511:9]**

UFCS Announces Strong Q3 2025 Financial Results

- **Net income** for Q3 2025 increased by **$19.4 million** to **$39.2 million** ($1.49 per diluted share), while **adjusted operating income** rose by **$18.4 million** to **$39.5 million** ($1.50 per diluted share) compared to Q3 2024.  **[101199_0000101199-25-000069_q32025-pressrelease.htm:0]** **[101199_0000101199-25-000069_q32025-pressrelease.htm:1]** 
- **Net written premium** increased **7%** to **$328.2 million** in Q3 2025, primarily due to continued strong production in core commercial lines.  **[101199_0000101199-25-000069_q32025-pressrelease.htm:0]** **[101199_0000101199-25-000069_q32025-pressrelease.htm:1]** 
- The **combined ratio improved 6.3 points to 91.9%** in Q3 2025, reflecting a 1.9-point improvement in the underlying loss ratio to 56.0% and a 3.1-point improvement in the catastrophe loss ratio to 1.3%.  **[101199_0000101199-25-000069_q32025-pressrelease.htm:0]** **[101199_0000101199-25-000069_q32025-pressrelease.htm:1]** 
- **Book value per share** increased by **$4.42 to $35.22** as of September 30, 2025, compared to December 31, 2024, contributing to a **return on equity of 12.7%**.  **[101199_0000101199-25-000069_q32025-pressrelease.htm:0]** **[101199_0000101199-25-000069_q32025-pressrelease.htm:2]** **[101199_0000101199-25-000069_q32025-pressrelease.htm:1]**

United Fire Group, Inc. Reports Strong Third Quarter 2025 Results

- **United Fire Group** reported **net income of $1.49 per diluted share** and **adjusted operating income of $1.50 per diluted share** for the third quarter of 2025.  **[101199_618703ba81df48b8aefc18ae78410d0f_0]** **[101199_618703ba81df48b8aefc18ae78410d0f_1]** 
- **Net written premium** increased **7%** to **$328.2 million** in the third quarter of 2025, with core commercial lines net written premium increasing 22%.  **[101199_618703ba81df48b8aefc18ae78410d0f_0]** **[101199_618703ba81df48b8aefc18ae78410d0f_1]** **[101199_618703ba81df48b8aefc18ae78410d0f_2]** 
- The **combined ratio improved 6.3 points to 91.9%** in Q3 2025, composed of an underlying loss ratio of 56.0% and an underwriting expense ratio of 34.6%.  **[101199_618703ba81df48b8aefc18ae78410d0f_0]** **[101199_618703ba81df48b8aefc18ae78410d0f_1]** 
- **Book value per share** increased to **$35.22** and **adjusted book value per share** rose to **$36.34** as of September 30, 2025.  **[101199_618703ba81df48b8aefc18ae78410d0f_0]** **[101199_618703ba81df48b8aefc18ae78410d0f_4]** 
- The company achieved a **return on equity of 12.7%** as of September 30, 2025.  **[101199_618703ba81df48b8aefc18ae78410d0f_0]** **[101199_618703ba81df48b8aefc18ae78410d0f_1]**

UNITED FIRE GROUP (UFCS)