secwatch.observer — SEC 8-K summary
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Issuer:     SAFETY INSURANCE GROUP INC (SAFT)
CIK:        0001172052
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001172052-24-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Safety Insurance Q4 net income $12.3M ($0.83/diluted); full-year combined ratio 107.7%
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- Direct written premiums grew 22.2% to $246.1M in Q4; full year up 20.4% to $991.2M.
- Q4 combined ratio 106.5% (loss ratio 76.1%) vs 100.7% in prior year; full year 107.7%.
- Net investment income rose 11.2% to $14.9M for Q4; effective yield 4.2%.
- Quarterly dividend maintained at $0.90/share payable March 15, 2024.
- VP of Insurance Operations Ann McKeown retiring March 1; replaced by Brian S. Lam.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1172052/000117205224000003/0001172052-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1172052/000117205224000003/saft-20240227x8k.htm
  HTML page:      https://secwatch.observer/filing/0001172052-24-000003

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