Safety Insurance Q4 net income $32.0M ($2.14 diluted); FY combined ratio 93.0%; board ups buyback by $50M

SAFETY INSURANCE GROUP INC

2021-FY EPS reported $8.80 revenue$884,911,000

Q4 2021 net income $32.0M ($2.14 diluted) vs $52.9M ($3.55) YoY; non-GAAP operating income $1.55/diluted vs $2.55.
FY 2021 net income $130.7M ($8.80 diluted) vs $138.2M ($9.18); combined ratio 93.0% (vs 87.1% in 2020).
Book value per share rose to record $62.47 at Dec 31, 2021 from $59.40 at Dec 31, 2020 (+5.2%).
Board declared $0.90 quarterly dividend payable Mar 15, 2022; increased share repurchase authority by $50M.
Direct written premiums for FY 2021 increased 0.4% to $802.1M; net earned premiums up 0.4% to $774.3M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.