---
schema_version: "secwatch.filing_event.v1"
accession: "0001172052-21-000034"
form_type: "8-K"
ticker: "SAFT"
cik: "0001172052"
company_name: "SAFETY INSURANCE GROUP INC"
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T13:44:17.983389+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Safety Insurance Q3 net income $24.8M ($1.64 EPS) vs $44.7M; combined ratio 93.9% vs 85.0% YoY

## Summary
- Net income $24.8M ($1.64 diluted EPS) vs $44.7M ($2.96) in Q3 2020, down 44.5%.
- Non-GAAP operating income $1.70 per diluted share vs $2.53 in Q3 2020.
- Combined ratio 93.9% (loss 61.3%, expense 32.6%) vs 85.0% in prior-year quarter.
- Direct written premiums $211.1M, down 1.1% YoY; net investment income up 14.3% to $11.1M.
- Board declares $0.90 per share quarterly dividend, payable Dec 15, 2021 to holders of record Dec 1, 2021.

## SEC filing metadata
- accession: 0001172052-21-000034
- form_type: 8-K
- ticker: SAFT
- cik: 0001172052
- company_name: SAFETY INSURANCE GROUP INC
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1172052/000117205221000034/0001172052-21-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1172052/000117205221000034/saft-20211103x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001172052-21-000034
- JSON: https://secwatch.observer/filing/0001172052-21-000034.json
- Plain text: https://secwatch.observer/filing/0001172052-21-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.