SAFETY INSURANCE GROUP INC (SAFT) Form 8-K — Nov 4, 2026
Safety Insurance Group reported Q3 2026 net income of $30.0 million, or $2.05 per diluted share, up from $28.3 million ($1.91) a year ago, with non-GAAP operating EPS jumping to $1.95 from $1.48. The combined ratio improved to 96.3% from 98.9%, driven by rate increases earning in, lower loss frequency in private passenger auto, and record net investment income of $17.9 million. Direct written premiums fell 4.3% to $319.7 million amid a softening market, and book value per share slipped to $58.29. The Board declared a $0.92 quarterly dividend payable December 15, 2026, and shareholders approved the Mapfre S.A.
Key figures
- Eps
- 2.05
- Revenue
- 327770000
- Net Income
- 30019000
- Total Debt
- 50000000
- Total Assets
- 2514843000
- Cash Position
- 56017000
- Shares Outstanding
- 18100429
- Acquisition value
- $1.54 billion
- Dividend per share
- $0.92
- Acquisition premium
- 44%
- Q3 2025 diluted eps
- $1.91
- Q3 2026 diluted eps
- $2.05
- Book value per share
- $58.29
- Combined ratio 9m 2026
- 101.7%
- Combined ratio q3 2025
- 98.9%
- Combined ratio q3 2026
- 96.3%
- Acquisition price per share
- $105.00
- Net earned premiums q3 2026
- $293.9M (+1.0% YoY)
- Net written premiums q3 2026
- $296.2M (-4.2% YoY)
- Net investment income q3 2026
- $17.9M (+15.0% YoY)
- Q3 2025 non gaap operating eps
- $1.48
- Q3 2026 non gaap operating eps
- $1.95
- Direct written premiums q3 2026
- $319.7M (-4.3% YoY)
AI analysis
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