Safety Insurance Group Inc logo

SAFTSafety Insurance Group Inc

NASDAQ · Financial Services · Insurance - Property & Casualty

$103.16

-$0.58 (-0.56%)

Safety Insurance Group Inc (SAFT) is a insurance - property & casualty company listed on NASDAQ. It is led by George Michael Murphy C.P.C.U., based in 20 Custom House Street, Boston, MA, United States, 02110, with about 568 employees. Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, and insure individual vehicles, as well as commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. Additionally, the company offers inland marine coverage for homeowners and business owner policies; and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

Latest reported SAFT revenue for 2025-09-30 was $326.6M. Net income was $79.1M. Revenue was up 3.2% from 2025-06-30 to 2025-09-30. SAFT currently screens at market cap $1.04B and trailing P/E 16.7.

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About Safety Insurance Group Inc

Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, and insure individual vehicles, as well as commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. Additionally, the company offers inland marine coverage for homeowners and business owner policies; and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

SAFT Key Statistics

Market Cap

$1.04B

Volume

100,158

Previous Close

$103.75

Day Range

$103.64$103.74

P/E Ratio

16.74

P/B Ratio

1.21

EPS

$4.78

Revenue

$1.12B

Net Income

$70.73M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

5.16%

Revenue Growth

+20.3%

Profit Margin

6.3%

Employees

568

SAFT Financials

Annual income statement in USD. Latest reported periods first.

SAFT annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$1.12B$930.96M$797.56M$884.91M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income$70.73M$18.88M$46.56M$130.71M
EPS (Diluted)$4.78$1.28$3.15$8.80

Total Assets

$2.27B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$58.97M

Operating Cash Flow

$128.69M

Free Cash Flow

$0.00

Safety Insurance Group Inc Company Information

President, CEO & Chairperson of the Board
George Michael Murphy C.P.C.U.
Headquarters
20 Custom House Street, Boston, MA, United States, 02110
Phone
617 951 0600
IPO / Founded
2002-11-22
Industry
Insurance - Property & Casualty
Data Updated:

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