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Interest on fixed
maturities-Fixed Maturities
$24,937,000
Other
$2,931,000
Income on other
long-term...
$1,268,000
Total investment
income
$29,136,000
Net earned premium
$342,975,000
(11.21%↑ Y/Y)
Net investment
income
$27,040,000
(15.27%↑ Y/Y)
Less investment
expenses
$2,096,000
Total revenues
$369,442,000
(11.58%↑ Y/Y)
Other income (loss)
-$319,000
Net investment
gains (losses)
-$254,000
(66.31%↑ Y/Y)
Other long-term
investments
$44,000
Income (loss) before
income taxes
$38,012,000
(73.94%↑ Y/Y)
Total benefits,
losses and expenses
$331,430,000
(7.17%↑ Y/Y)
Available-for-sale
-$298,000
Net income (loss)
$30,052,000
(69.79%↑ Y/Y)
Income tax expense
(benefit)
$7,960,000
(91.62%↑ Y/Y)
Losses and loss
settlement expenses
$208,125,000
(9.72%↑ Y/Y)
Amortization of deferred
policy acquisition...
$82,041,000
(6.06%↑ Y/Y)
Other underwriting
expenses
$37,567,000
(-5.10%↓ Y/Y)
Interest expense
$3,183,000
(28.19%↑ Y/Y)
Other
non-underwriting expenses
$514,000
(261.97%↑ Y/Y)
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Income Statement
UNITED FIRE GROUP INC (UFCS)
UNITED FIRE GROUP INC (UFCS)
source: myfinsight.com