Welcome to our dedicated page for Safety Ins Group news (Ticker: SAFT), a resource for investors and traders seeking the latest updates and insights on Safety Ins Group stock.
Safety Insurance Group, Inc. (NASDAQ: SAFT) is a Boston-based property and casualty insurer operating exclusively in Massachusetts, New Hampshire, and Maine. Through its insurance companies and agency, the group writes private passenger automobile, commercial automobile, homeowners, dwelling fire, umbrella and business owner policies. Its news flow centers on how these lines perform across underwriting, premiums, and investment results.
The Safety Insurance Group news page highlights the company’s quarterly and annual earnings releases, where management discusses combined ratios, loss and expense trends, net earned premiums, and book value per share. These updates often explain how policy count growth, rate increases, inflationary pressures, and weather events are affecting losses and profitability in the private passenger automobile and homeowners books.
Investors and analysts following SAFT can use this news stream to track developments in direct written premiums, net written premiums, and net investment income, as well as commentary on non-GAAP operating income. The company’s announcements also cover Board-approved quarterly cash dividends on common stock, providing context on capital returns alongside reported earnings.
In addition, Safety Insurance Group issues notices about the timing of its year-end results, Form 10-K filings, and annual shareholder meetings. By monitoring these news items in one place, readers can follow how the regional property and casualty insurer’s financial condition and operating performance evolve over time.
Safety Insurance Group (NASDAQ:SAFT) reported third quarter 2025 results and declared a $0.92 per share quarterly cash dividend payable December 15, 2025 to holders of record December 1, 2025. For Q3 2025, net income was $28.3M or $1.91 diluted EPS; net earned premium rose 12.5% to $291.0M. Combined ratio improved to 98.9% from 100.7% year-over-year. Book value per share increased 8.2% to $60.40 for the nine months ended September 30, 2025. Net investment income benefited from higher rates with a portfolio yield of 4.0%. The board plans to recommence share repurchases with $44.76M remaining under the prior $200M authorization.
Safety Insurance Group (NASDAQ:SAFT) reported strong Q2 2025 results, with net income of $28.9 million ($1.95 per diluted share), up from $16.6 million in Q2 2024. The company's combined ratio improved to 98.1% from 99.9% year-over-year.
Key highlights include a 14.2% increase in net earned premiums to $282.1 million, driven by rate increases and new business growth. Direct written premiums rose 9.6% to $345.8 million. The Board approved a dividend increase from $0.90 to $0.92 per share, payable September 15, 2025.
The company achieved policy count growth across all business lines, with book value per share increasing to $58.63 from $55.83 at year-end 2024. Net investment income grew 16.5% to $15.7 million, benefiting from higher interest rates.
Safety Insurance Group (NASDAQ:SAFT) reported strong performance for Q4 and full-year 2024, achieving record direct written premiums exceeding $1 billion. The company experienced a 20.4% increase in direct written premiums driven by 8.5% growth in policy counts and 10.9% increase in average premium per policy across all lines.
Key financial highlights include: net income of $70.7 million ($4.78 per diluted share) for 2024, up from $18.9 million in 2023; improved combined ratio of 101.1% versus 107.7% in 2023; and book value increase of 8.4% to $55.83 per share. The company maintained quarterly dividends at $0.90 per share.
Notable growth metrics include: 10.0% increase in Private Passenger Automobile policies, 4.5% in Commercial Automobile, and 8.7% in Homeowners lines. Average written premiums per policy rose by 14.1%, 10.7%, and 8.9% respectively in these segments.
Safety Insurance Group (NASDAQ:SAFT) has announced a quarterly cash dividend of $0.90 per share, payable on March 14, 2025, to shareholders of record as of March 3, 2025. The company will release its fourth quarter and year-end 2024 results on February 25, 2025, with its Annual Report on Form 10-K to be filed by February 28, 2025.
The company operates exclusively in Massachusetts, New Hampshire, and Maine as a leading writer of property and casualty insurance products, including private passenger automobile, commercial automobile, homeowners, dwelling fire, umbrella, and business owner policies. Safety Insurance has scheduled its 2025 Annual Meeting of Shareholders for May 14, 2025, at 10:00 a.m. in Boston, Massachusetts.
Safety Insurance Group (NASDAQ:SAFT) reported strong Q3 2024 results with net income of $25.9 million ($1.73 per diluted share), up from $1.9 million ($0.13 per share) in Q3 2023. Direct written premiums increased 19.1% to $318.2 million, driven by new business and rate increases. The combined ratio improved to 100.7% from 104.8% year-over-year. The company saw significant growth across all business lines, with private passenger auto exposure up 10.7%, commercial auto up 5.2%, and homeowners up 9.4%. Book value per share increased to $57.38, and the Board approved a $0.90 quarterly dividend.
Safety Insurance Group, Inc. (NASDAQ:SAFT) reported second quarter 2024 results with net income of $16.6 million, or $1.13 per diluted share. The company saw a 22.1% increase in net earned premiums to $246.9 million, driven by new business production and rate increases. Safety's combined ratio improved to 99.9%, favorably impacted by a transaction related to the Massachusetts Property Insurance Underwriting Association. Direct written premiums increased by 21.3% to $315.5 million. The company declared a quarterly dividend of $0.90 per share, payable on September 13, 2024. Safety's book value per share increased to $54.61 at June 30, 2024, from $54.37 at December 31, 2023.
Safety Insurance Group, Inc. (NASDAQ:SAFT) reported first quarter 2024 results with a net income of $20.1 million, or $1.36 per diluted share, compared to a net loss in the same period of 2023. The company declared a $0.90 per share quarterly cash dividend, with positive trends in revenue and approved rate increases. Safety continues to see growth in policy counts and average written premiums across all lines of business.
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