Earnings ·
Safety Insurance Group reports Q3 EPS of $2.05 and declares $0.92 quarterly dividend
SAFTSafety Insurance Group Inc
Safety Insurance Group reported third-quarter 2026 net income of $30.0 million, or $2.05 per diluted share, compared to $1.91 in the prior year period. The company declared a regular quarterly cash dividend of $0.92 per share, payable on December 15, 2026, to shareholders of record as of December 1, 2026. Net written premiums decreased 4.2% to $296.2 million due to market softening and agency cancellations, while the combined ratio improved to 96.3%. The filing also notes that shareholder approval was received on November 3 for a proposed all-cash acquisition by an affiliate of Mapfre S.A. valued at approximately $1.54 billion, which remains subject to regulatory approval. Safety Insurance Group is a property and casualty insurer operating in Massachusetts, New Hampshire, and Maine.