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AI brief of an SEC Form 8-K · Safety Insurance Group (SAFT)

Safety Insurance Q3 net income rises to $25.9 million from $1.9 million

Positive Impact 3 of 5 earnings Written later

Safety Insurance Group reported third quarter 2024 net income of $25.9 million, or $1.73 per diluted share, up from $1.9 million, or $0.13 per diluted share, a year earlier. Its combined ratio improved to 100.7% from 104.8%, and its board declared a $0.90 per share quarterly dividend, payable December 13, 2024.

Key points

  • Q3 2024 net income $25.9 million, or $1.73 per diluted share, versus $1.9 million, or $0.13, in Q3 2023
  • Q3 2024 total revenue $295.3 million versus $229.4 million a year earlier
  • Combined ratio 100.7% for Q3 2024, down from 104.8%; losses and loss adjustment expenses rose to $182.5 million
  • Quarterly dividend of $0.90 per share declared, payable December 13, 2024 to holders of record on December 2, 2024

The filing

CompanySafety Insurance Group (SAFT)
Form8-K, current report
Filed with the SECNov 5, 2024, 4:04 PM ET
Accession number0001172052-24-000038

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.