---
schema_version: "secwatch.filing_event.v1"
accession: "0001172052-24-000032"
form_type: "8-K"
ticker: "SAFT"
cik: "0001172052"
company_name: "SAFETY INSURANCE GROUP INC"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:37:36.234683+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Safety Insurance Q2 net income $16.6M, combined ratio 99.9%, declares $0.90 dividend

## Summary
- Net income Q2 $16.6M ($1.13 diluted EPS) vs $17.0M ($1.15) in Q2 2023; non-GAAP op income $1.18/share vs $0.80.
- Net earned premiums up 22.1% to $246.9M; direct written premiums up 21.3% to $315.5M.
- Combined ratio improved to 99.9% from 101.9%, aided by $9.7M FAIR Plan restructuring gain.
- Board declared $0.90 quarterly dividend payable Sep 13, 2024, record Sep 3; unchanged from prior quarter.
- Book value per share $54.61 at Jun 30, up from $54.37 at Dec 31, 2023.

## SEC filing metadata
- accession: 0001172052-24-000032
- form_type: 8-K
- ticker: SAFT
- cik: 0001172052
- company_name: SAFETY INSURANCE GROUP INC
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1172052/000117205224000032/0001172052-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1172052/000117205224000032/saft-20240807x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001172052-24-000032
- JSON: https://secwatch.observer/filing/0001172052-24-000032.json
- Plain text: https://secwatch.observer/filing/0001172052-24-000032.txt

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