SAFETY INSURANCE GROUP INC

For the period ended Jun 30, 2026. Filed Aug 7, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 7, 2026

SAFT$104.40+0.1%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(Dollars in thousands, except share data)


· · June 30, · · December 31,
· · 2026 · · 2025
· · (Unaudited) · · ·
Assets
Investments:
Fixed maturities, available for sale, at fair value (amortized cost: $1,365,368 and $1,337,235, allowance for expected credit losses of $355 and $0)	$1,328,594	$1,315,548
Equity securities, at fair value (cost: $189,372 and $201,591)	201,956	220,953
Other invested assets	154,036	151,020
Total investments	1,684,586	1,687,521
Cash and cash equivalents	67,918	73,901
Accounts receivable, net of allowance for expected credit losses of $890 and $802	332,530	320,187
Receivable for securities sold	527	4,269
Accrued investment income	11,702	12,169
Taxes recoverable	10,731	—
Receivable from reinsurers related to paid loss and loss adjustment expenses	25,074	9,433
Receivable from reinsurers related to unpaid loss and loss adjustment expenses	150,659	149,441
Ceded unearned premiums	43,317	39,674
Deferred policy acquisition costs	112,755	111,791
Deferred income taxes	6,253	4,116
Equity and deposits in pools	5,081	4,197
Operating lease right-of-use-assets	9,773	11,861
Goodwill	17,093	17,093
Intangible assets	6,309	6,783
Other assets	18,976	18,672
Total assets	$2,503,284	$2,471,108

Liabilities
Losses and loss adjustment expense reserves	$808,264	$761,739
Unearned premium reserves	664,746	654,803
Accounts payable and accrued liabilities	70,299	80,461
Payable for securities purchased	5,061	846
Payable to reinsurers	18,487	15,184
Taxes payable	—	3,903
Long-term debt	50,000	50,000
Operating lease liabilities	9,773	11,861
Total liabilities	1,626,630	1,578,797

Commitments and contingencies (Note 8)

Shareholders’ equity
Common stock: $0.01 par value; 30,000,000 shares authorized; 18,103,084 and 18,051,631 shares issued	181	181
Additional paid-in capital	238,435	235,693
Accumulated other comprehensive loss, net of taxes	(28,771)	(17,133)
Retained earnings	837,302	844,063
Treasury stock, at cost: 3,419,947 shares	(170,493)	(170,493)
Total shareholders’ equity	876,654	892,311
Total liabilities and shareholders’ equity	$2,503,284	$2,471,108

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.