SAFETY INSURANCE GROUP INC

For the period ended Sep 30, 2026. Filed Nov 6, 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.

Sep 30, 2026 · Filed Nov 6, 2026

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

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Consolidated Statements of Operations

(Dollars in thousands, except per share data)


· · Three Months Ended September 30, · · Nine Months Ended September 30,
· · 2026 · · 2025 · 2026 · · 2025

Net earned premiums	$293,870	$291,021	$876,509	$845,824
Net investment income	17,872	15,535	51,469	45,833
Earnings from partnership investments	6,078	2,929	13,312	5,387
Net realized gains on investments	10,353	1,338	18,402	7,732
Change in net unrealized gains on equity securities	(8,499)	6,310	(15,276)	13,233
Credit loss benefit (expense)	4	487	(351)	232
Commission income	2,298	2,415	6,700	6,795
Finance and other service income	5,794	6,589	17,353	19,361
Total revenue	327,770	326,624	968,118	944,397

Losses and loss adjustment expenses	197,625	204,982	640,234	589,504
Underwriting, operating and related expenses	85,377	83,027	251,541	246,674
Other expense	5,763	1,979	10,010	5,980
Interest expense	621	426	2,053	972
Total expenses	289,386	290,414	903,838	843,130

Income before income taxes	38,384	36,210	64,280	101,267
Income tax expense	8,365	7,900	14,067	22,124
Net income	$30,019	$28,310	$50,213	$79,143

Earnings per weighted average common share:
Basic	$2.06	$1.91	$3.44	$5.35
Diluted	$2.05	$1.91	$3.43	$5.33

Cash dividends paid per common share	$0.92	$0.92	$2.76	$2.72

Number of shares used in computing earnings per share:
Basic	14,522,102	14,745,008	14,514,078	14,736,279
Diluted	14,593,607	14,778,416	14,566,214	14,768,558

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