United Fire Group (United Fire Group) Unpaid Loss & Loss Reserve

: $1,054 Mil (As of Dec. 2023)

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United Fire Group's annual unpaid loss & loss reserve declined from Dec. 2021 ($1,514 Mil) to Dec. 2022 ($1,497 Mil) and declined from Dec. 2022 ($1,497 Mil) to Dec. 2023 ($1,054 Mil).

United Fire Group Unpaid Loss & Loss Reserve Historical Data

The historical data trend for United Fire Group's Unpaid Loss & Loss Reserve can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Fire Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Unpaid Loss & Loss Reserve

1,421.75

1,578.13

1,514.27

1,497.27

1,053.86

United Fire Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Unpaid Loss & Loss Reserve																1,497.27	1,499.39	1,614.83	1,636.92	1,053.86

United Fire Group Unpaid Loss & Loss Reserve Calculation

The fund insurance companies set aside for the loss that has not be paid or possible losses in the future.

United Fire Group (United Fire Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » United Fire Group Inc (NAS:UFCS) » Definitions » Unpaid Loss & Loss Reserve

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Second Avenue SE, Cedar Rapids, IA, USA, 52401

Website

https://www.ufginsurance.com

United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company's only operating segment is property and casualty insurance, which includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The primary source of revenue is premiums and investment income.

Executives

Robert Francis Cataldo	officer: VP & Strategy Officer	118 SECOND AVENUE SE, CEDAR RAPIDS IA 52401
Micah G Woolstenhulme	officer: VP	118 2ND AVE SE, CEDAR RAPIDS IA 52401
George D Milligan	director	118 2ND AVE SE, CEDAR RAPIDS IA 52401
Christopher R Drahozal	director	2001 RIVIERA COURT, LAWRENCE KS 66047-1999
Julie A Stephenson	officer: Executive VP & COO	118 2ND AVE SE, CEDAR RAPIDS IA 52401
Eric J Martin	officer: Chief Financial Officer	118 SECOND AVE SE, CEDAR RAPIDS IA 52407
Mark A. Green	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Kevin James Leidwinger	director, officer: Director, CEO	151 N. FRANKLIN, CHICAGO IL 60606
Sarah E Madsen	officer: Chief Legal Officer	118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Jeremy Bahl	officer: VP & Chief UW Officer	118 SECOND AVE SE, CEDAR RAPIDS IA 52401
Kyle D. Skogman	director	411 FIRST AVENUE SE, CEDAR RAPIDS IA 52401
Lura E Mcbride	director	118 2ND AVE SE, CEDAR RAPIDS IA 52401
Mary K. Quass	director	2875 MT. VERNON RD SE, CEDAR RAPIDS IA 52403
James Noyce	director	5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266
Matthew R Foran	director	118 2ND AVE SE, CEDAR RAPIDS IA 52401