Safety Insurance Q1 2025 net income rises to $21.9 million from $20.1 million
Safety Insurance Group reported first quarter 2025 net income of $21.9 million, or $1.48 per diluted share, up from $1.36 a year earlier. The combined ratio improved to 99.4% from 101.9%, and the company declared a $0.90 per share quarterly dividend payable June 13, 2025.
Key points
- Net income rose to $21.9 million, or $1.48 per diluted share, from $20.1 million, or $1.36, in Q1 2024.
- Combined ratio improved to 99.4% from 101.9%; loss ratio was 69.8% versus 71.3%.
- Net earned premiums rose 15.5% to $272.7 million from $236.1 million.
- Board declared a $0.90 per share dividend payable June 13, 2025 to holders of record on June 2, 2025.
The filing
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 May 07, 2025.
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.