United Fire Group (UFCS) 2019年年度报告「NASDAQ」.pdf

1、Financial HighlightsYears Ended December 3120192018201720162015Net Income($000s)$14,820$27,650$51,023$49,904$89,126Basic earnings per common share$0.59$1.11$2.03$1.97$3.56Diluted earnings per common share$0.58$1.08$1.99$1.93$3.53Cash dividends paid per common share$1.30$4.21$1.09$0.97$0.86Book value

2、 per share$36.40$35.40$39.06$37.04$34.94Closing stock price$43.73$55.45$45.58$49.17$38.31Combined ratio109.0%104.0%104.0%100.3%92.0%All current and prior periods in this table have been presented on a consolidated basis,including both continuingand discontinued operations.Earnings and Dividends Per

3、CommonShare$3.53$1.93$1.99$1.08$0.58$0.86$0.97$1.09$4.21$1.30Diluted earnings per common shareCash dividends paid per common share20152016201720182019Total Shareholder Return$100.00$132.28$173.66$165.04$216.29$175.46201420152016201720182019$50.00$100.00$150.00$200.00$250.00The value of“Indexed Total

4、 Shareholder Return”at each year-end shown is based on the then-current value of anassumed$100 investment in UFCS common stock on December 31,2014.It reflects changes in stock price andassumes that dividends paid to shareholders are reinvested in our common stock on the date paid.United Fire Group,I

5、nc.2019 Annual Report1About UFG InsuranceFounded in 1946,UFG is a successful publicly traded and multibillion-dollar-asset insurance company.We offercommercial and personal insurance for businesses,homes and vehicles,as well as surety bonds.UFG partners with a select group of approximately 1,000 ind

6、ependent insurance agencies across the country.With more than 1,100 employees at our corporate headquarters in Cedar Rapids,Iowa,and five regional offices inArizona,California,Colorado,New Jersey and Texas,we deliver insurance protection and services topolicyholders throughout the U.S.At UFG,we are