|Consolidated Financial Results - Highlights:|
|Three Months Ended June 30, 2013||Six Months Ended June 30, 2013|
|Operating income (1) per diluted share||$ 0.50||Operating income (1) per diluted share||$ 1.34|
|Net income per diluted share (2)||$ 0.61||Net income per diluted share (2)||$ 1.49|
|Net realized investment gains per share (2)||$ 0.11||Net realized investment gains per share (2)||$ 0.15|
|Catastrophe losses per share (2)||$ 0.36||Catastrophe losses per share (2)||$ 0.48|
|Combined ratio||99.5%||Combined ratio||95.0%|
|Book value per share||$ 29.00|
|Return on equity||10.4%|
CEDAR RAPIDS, Iowa, Aug. 6, 2013 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (the "Company") (Nasdaq:UFCS) today reported consolidated operating income (1) of $0.50 for the three-month period ended June 30, 2013 (the "second quarter") and $1.34 per diluted share for the six-month period ended June 30, 2013 ("year-to-date"), compared to operating income of $0.56 and $1.24 per diluted share for the same periods in 2012.
The Company reported consolidated net income, including realized investment gains and losses, of $15.5 million ($0.61 per share) for the second quarter and $37.9 million ($1.49 per share) year-to-date, compared to net income of $14.7 million ($0.58 per share) and $33.9 million ($1.33 per share) for the same periods in 2012.
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