UFG discloses $29mn in Q1 pre-tax catastrophe claims
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UFG discloses $29mn in Q1 pre-tax catastrophe claims

John Hewitt Jones
May 03, 2021
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United Fire Group will take a $29mn charge for pre-tax catastrophe claims absorbed during the first quarter of the year.

The carrier in a statement said the losses were primarily from Winter Storm Uri and that, as previously announced, they exceeded its $20mn reinsurance retention.

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News Claims and losses Earnings
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