United Fire Group publishes Q3 2026 conference call transcript
UFCS•United Fire Group reported third-quarter net income of $1.34 per diluted share and a 94.6% combined ratio, while net written premiums rose 13%.
1. Quarterly results
United Fire Group’s November 4 earnings call featured CEO Kevin Leidwinger, CFO Eric Martin and COO Julie Stephenson. Net income was $1.34 per diluted share, and the combined ratio was 94.6%.
2. Premiums and investments
Net written premiums rose 13%, while average renewal rates increased 2%; property pricing faced the greatest pressure. Martin estimated roughly 10% growth could lower the expense ratio about half a percentage point, supported partly by premium leverage. Fixed-maturity portfolio earnings grew 25%, and new purchases yielded 5.6%, approximately 100 basis points above the portfolio average.
