United Fire Group, Inc. (UFCS)

United Fire Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Debt Securities	1,953	1,868	1,687	1,551	1,720	1,825
Equity and Preferred Securities	-	-	55.02	169.11	213.4	206.69
Other Investments	207.11	183.84	99.61	124.45	131.5	117.09
Total Investments	2,200	2,093	1,886	1,845	2,065	2,149
Cash & Equivalents	202.15	200.95	102.05	96.65	132.1	87.95
Reinsurance Contract Assets	287.56	275.72	250.95	182.25	137.14	173.51
Deferred Acquisition Costs	161.98	147.22	126.53	104.23	91.45	87.09
Other Receivables	528.98	466.6	480.73	380.21	330.17	331.91
Net Property, Plant & Equipment	135.71	136.02	134.25	133.11	137.7	129.87
Other Intangible Assets	3.55	3.91	-	-	-	-
Goodwill	-	-	4.62	5.32	6.03	6.74
Other Assets	141.31	164.96	158.58	135.62	113.44	103.39
Total Assets	3,661	3,488	3,144	2,882	3,013	3,070
Unearned Premiums	699.68	621.45	549.38	474.39	439.73	464.85
Claims Reserves	1,860	1,797	1,639	1,497	1,514	1,578
Accrued Expenses	138.5	171.65	172.31	120.51	102.85	126.62
Other Liabilities	117.16	117.06	50	50	76.75	74.93
Total Liabilities	2,815	2,707	2,410	2,142	2,134	2,245
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-in Capital	218.33	215.85	209.99	207.03	203.38	202.36
Accumulated Other Comprehensive Income	-25.72	-54.78	-50.96	-87.5	54.34	66.91
Retained Earnings	653.03	620.44	574.69	620.56	621.38	555.85
Shareholders' Equity	845.67	781.53	733.75	740.11	879.12	825.15
Total Liabilities & Equity	3,661	3,488	3,144	2,882	3,013	3,070
Book Value	845.67	781.53	733.75	740.11	879.12	825.15
Book Value Per Share	32.17	30.15	29.06	29.23	34.45	32.97
Tangible Book Value	842.12	777.63	729.13	734.79	873.09	818.41
Tangible Book Value Per Share	32.03	30.00	28.88	29.02	34.21	32.70

Updated Aug 5, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q