United Fire Group Inc
ufginsurance.comWhat Do They Do?
Writes commercial property and casualty insurance, including surety bonds, for small businesses and middle-market companies, and offers specialty coverage and reinsurance.
10-K for FY2025, filed Feb 26, 2026Our business is comprised primarily of commercial lines of property and casualty insurance, including surety bonds. Our primary commercial…View ↗
We partner with managing general agents ("MGAs") to offer delegated underwriting programs providing niche products, including marine…View ↗
The Company offers reinsurance coverage for property and casualty insurance through traditional treaty reinsurance channels. The…View ↗
How Do They Make Money?
Revenue primarily comes from premiums for property and casualty insurance policies; premiums are earned over the period of coverage.
10-K for FY2025, filed Feb 26, 2026
$1.4B
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10-K for FY2025, filed Feb 26, 2026
$1.4B ↗
Who Are Their Customers?
Small businesses and middle-market companies are served through independent agencies; specialty and surplus-lines policies are offered through wholesale brokers. Reinsurance is offered through treaty channels.
10-K for FY2025, filed Feb 26, 2026Our business is comprised primarily of commercial lines of property and casualty insurance, including surety bonds. Our primary commercial…View ↗
We partner with managing general agents ("MGAs") to offer delegated underwriting programs providing niche products, including marine…View ↗
The Company offers reinsurance coverage for property and casualty insurance through traditional treaty reinsurance channels. The…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 9 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Feb 26, 2026
10-K for FY2025, filed Feb 26, 2026
$118.2MView ↗
How Are They Changing?
Growing. Revenue grew 30% in 4 years, from $1.1B in FY2021 to $1.4B in FY2025, about 7% a year.
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