| | United Fire & Casualty Co AND THE TWO: Global Gap Analysis And Labor Productivity Benchmarks Published SAN DIEGO, CA -- – ICON Group International Ltd. today released two of the most comprehensive studies to date on vertical gap analysis and labor productivity benchmarks for United Fire & Casualty Co (NAS: UFCS). The methodologist for this unique study is Philip Parker, Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). According to Professor Parker “We created these reports in response to two inescapable trends: a return to fundamentals and globalization.” The goal of these reports is to assist consultants, financial managers, strategic planners, and corporate officers in gauging indicators of United Fire & Casualty Co’s financial and human resource structure. The Report has benchmarked United Fire & Casualty Co against competing firms in the Fire, Marine and Casualty Insurance industry worldwide—going beyond traditional methods of company benchmarking. The results are two specialized reports: (1) global financial benchmarks using common-size statement ratios (vertical analysis), and (2) labor-productivity and utilization measures collected across borders. Parker notes, “With the globalization of markets, greater foreign competition, and the reduction of barriers to entry, it becomes all the more important to benchmark a company’s financial indicators on a worldwide basis.” Professor Parker states, "We are intrigued by the wide variations in basic financial and productivity measures between United Fire & Casualty Co and other Fire, Marine and Casualty Insurancecompanies. The Earnings Before Interest And Taxes (EBIT), for example, varied from -3.62 to 32.67. We see this type of variation in the hundreds of ratios that we estimate.” What? : The Coverage of the Reports Two reports, financial ratios and labor productivity ratios, are available for United Fire & Casualty Co. Each report reveals productivity and industry ranks for companies in the Fire, Marine and Casualty Insuranceindustry. Reports for 71 of United Fire & Casualty Co’s competitors in Fire, Marine and Casualty Insuranceare also available including: 21st Century Insurance Group ACE Ltd. Allstate Corporation American Financial Group, Inc. American International Group, Inc. Berkshire Hathaway Incorporated Cincinnati Financial Corporation CNA Financial Corporation Commerce Group Inc Erie Indemnity Company Harleysville Group Incorporated Hartford Financial Services Group Incorporated Horace Mann Educators Corporation Leucadia National Corporation Loews Corporation Mercury General Corporation Ohio Casualty Corporation Old Republic International Corporation Progressive Corporation (Ohio) Safeco Corporation Selective Insurance Group The Chubb Corporation The St. Paul Companies, Inc W.R. Berkley Corporation The reports answer such questions as: How has United Fire & Casualty Co’s asset structure varied compared to global benchmarks for the Fire, Marine and Casualty Insuranceindustry? Does it generally hold more cash and other short-term assets, or does it tend to concentrate its assets in physical plant and equipment? On the liability side, does United Fire & Casualty Co typically have a higher percent of payables compared to the benchmarks, or does it hold a higher concentration of long-term debt? Does United Fire & Casualty Co have a relatively higher cost of goods sold, operating costs, or income taxes compared to global benchmarks? Have United Fire & Casualty Co’s returns on equity been higher or its profit margins greater? What has been the ratio of short-term and long-term assets to employee? What are typical capital-labor ratios? What are the average sales and net profits per employee compared to global benchmarks? How? : The Methodology Most vertical analyses merely focus on benchmarking against domestic ratios, often published by government agencies or commercial sources. In contrast, the report calculates thousands of industry norms by looking at firms at the global level, pooling statistics on tens of thousands of companies across over 40 countries, and applying a seven-stage methodology: (1) identification of industry classifications, (2) firm-level data collection and aggregation, (3) standardization of raw statistics, (4) filtering outliers, (5) calculation of global norms, (6) projection of deviations and gaps, and (7) projection of ranks and percentiles. For each part of the financial statement, the larger structural differences and gaps between United Fire & Casualty Co and the global benchmarks are provided with summary tables of ranks and percentiles. Previously available only through booksellers such as Amazon.com, Barnes and Noble, and Hoovers, two studies are now available direct from the publisher at a 50% discount off the cover price. This special offer includes International Competitive Benchmarks and Financial Gap Analysis and Labor Productivity Benchmarks and International Gap Analysis at US$ $420 ($210 each). Fax, 858-635-9414 or write , for more information. FINANCIAL BENCHMARKS Audience: designed for financial managers, directors, CFOs, strategic planners Price: $210 Pages: 77 pp Published: Table of Contents About the Author(s) Methodology/Excerpt (free to view) Order Via Fax Order Online LABOR BENCHMARKS Audience: designed for productivity managers, HR directors, strategic planners Price: $210 Pages: 72 pp Published: Table of Contents About the Author(s) Methodology/Excerpt (free to view) Order Via Fax Order Online About ICON Group Ltd. ICON Group Ltd. assists managers with global benchmarking, gap analysis, and productivity studies. Clients can create their own benchmarks by choosing their competitors from among over 20,000 companies. CONTACT: Orders & Customer Service ICON Group International, Inc. 7404 Trade St. San Diego, CA 92121 USA Fax: 858-635-9414 E-mail: Link: http://www.icongrouponline.com/PR/United_Fire_&_Casualty_Co_US/PR.html - Additional links you may find of interest:
Important Disclaimer: This report was not prepared on behalf of or for United Fire & Casualty Co. Please refer to alternative information sources on United Fire & Casualty Co for the following: company financials (quarterly reports, annual report, forecasting, analyst reports, stock filing history, investor reports and relations, SEC or EDGAR documents, 10K, 10Q, articles, news press releases, projections, predictions, forecasts), products or services (warranty, guarantee, credit, equipment, accessory or accessories, service, repair or repairs, rebates or rebate policy, product discount or discounts, part or parts supply, price or prices, book value or valuation, logo design), personnel information (jobs, careers, career training, job placement, employment, human resources department, employee compensation or salaries, salary policy, benefit policies for employees, university benefits, credit union benefits), finding corporation location or contact information (map, company mail, mailing street address, corporate investor contacts, website web site, email search, e-mail addresses, regional offices, dealers list, distributors listing, stores directory, outlets, contact names, CFO, CEO, COO, CIO, CTO, HR, office manager, people, welcome, conference, etc.), geographic or production locations (e.g. USA, UK, Canada, Europe, Asia, Africa, China), legal structure or business activity (corporation, incorporated, company, partner, partnership, partnerships, alliances, limited liability, corp., inc, ltd, co, lawsuit or lawsuits), management plans (marketing strategy or strategic intelligence). ICON reports do not comment on any of the above. |  |