Safety Insurance Group, Inc. (SAFT)
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-09-04
$103.15+0.05%
Close 2026-09-04 · 1-day change
NASDAQFinancialsInsurance - Property & CasualtySnapshot 2026-09-04
QuarterlyIQ Insights · SAFT
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 0% of the last 2 guided quarters · -2.1% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow net earned premiums by implementing underwriting discipline and pricing strategies to increase average premiums per policy.
Stated as a priority in 4 of last 4 quarters. Net earned premiums grew from $269.1 million in 2024-Q4 to $291.7 million in 2026-Q2, reflecting rate increases and underwriting discipline. The trajectory is delivering with consistent premium growth and improved combined ratios.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Financials names rated strong grew net income 67% of the time over the next year (vs 56% for the rest of the cohort, n=7680).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Net earned premiums for the quarter ended June 30, 2026 increased by 3.4% to $291.7 million from $282.1 million for the comparable 2025 period.”
“Net earned premiums for the quarter ended March 31, 2026 increased by 6.7% to $291.0 million from $272.7 million for the comparable 2025 period.”
“Net earned premiums for the quarter ended December 31, 2025 increased by 9.0% to $293.2 million from $269.1 million for the comparable 2024 period.”
“The year-over-year improvement in combined ratio reflects the impact of our prior year growth in policy counts and rate increases earning into top-line results.”
Continue paying quarterly cash dividends at consistent rates to shareholders as part of capital allocation strategy.
Maintained dividend payments consistently in 4 of last 4 quarters, with $0.92 per share paid in 2026-Q2 compared to $0.90 in 2025-Q2. Board approved continuation of $0.92 quarterly dividend for Q3 2026. The company is delivering on its dividend commitment.
“Safety paid $0.92 per share in dividends to investors during the quarter ended June 30, 2026 compared to $0.90 for the comparable 2025 period.”
“Safety paid $0.92 per share in dividends to investors during the quarter ended March 31, 2026 compared to $0.90 for the comparable 2025 period.”
“Safety paid $0.92 per share in dividends to investors during the quarter ended December 31, 2025 compared to $0.90 for the comparable 2024 period.”
“Safety paid $0.90 per share in dividends to investors during the quarter ended September 30, 2025.”
Finalize the all-cash merger with Mapfre to leverage combined scale, resources, and capabilities for long-term growth in New England.
Newly stated in 2026-Q2. The merger agreement with Mapfre was announced July 23, 2026, valued at $1.54 billion, expected to close in Q1 2027 pending approvals. This is a strategic milestone with no financial results yet, so delivery is pending completion.
“On July 23, 2026, the Company announced it entered into a definitive agreement for Mapfre to acquire Safety in an all-cash transaction valued at approximately $1.54 billion.”
Manage and mitigate the financial impact of severe winter weather events on claims and combined ratios.
Stated in 2 of last 2 quarters. Severe winter weather in 2026-Q1 caused $42.7 million in damage and increased combined ratio to 113.4% from 99.4% in 2025-Q1. The company is actively addressing these impacts, but the combined ratio remains elevated, indicating ongoing challenges.
“Losses increased due to two severe winter weather events in Q1 2026, impacting combined ratio for six months ended June 30, 2026 to 104.5%.”
“Two severe winter weather events caused more than 1,600 property claims and $42.7 million in damage, contributing 14.6 points to combined ratio of 113.4%.”
Over the trailing year it converted 0.00x of net income into operating cash flow. Historically, Financials names rated fragile grew net income 52% of the time over the next year (vs 61% for the rest of the cohort, n=6844).
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity, the US dollar (low R² over the window).
4 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Financials names rated neutral grew net income 56% of the time over the next year (vs 58% for the rest of the cohort, n=3751).
Not investment advice. As of 2026-09-04.