UFG anticipates $27mn of Q3 cat losses including $14mn from Ian
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UFG anticipates $27mn of Q3 cat losses including $14mn from Ian

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United Fire Group (UFG) has pre-announced Q3 pre-tax catastrophe loss estimates of $27mn, of which $14mn is related to Hurricane Ian.

The Iowa-based company said overall cat losses represent 11.4 points of its third quarter combined ratio, which is expected to rise to 110%-114%.

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