
SAFT — Safety 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.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| 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
- Website
- www.safetyinsurance.com
- Phone
- 617 951 0600
- IPO / Founded
- 2002-11-22
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty