---
schema_version: "secwatch.filing_event.v1"
accession: "0001172052-24-000038"
form_type: "8-K"
ticker: "SAFT"
cik: "0001172052"
company_name: "SAFETY INSURANCE GROUP INC"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:11:13.754574+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Safety Insurance Q3 net income $25.9M ($1.73 EPS), combined ratio improves to 100.7%

## Summary
- Q3 net income $25.9M ($1.73 diluted EPS) vs $1.9M ($0.13) in Q3 2023.
- Non-GAAP operating income $1.10/diluted share vs $0.59 in prior year quarter.
- Combined ratio improved to 100.7% from 104.8%; loss ratio 70.6% vs 74.4%.
- Direct written premiums rose 19.1% to $318.2M; book value per share $57.38 (+5.5% YTD).
- Declared $0.90 quarterly dividend payable Dec 13, 2024 to holders of record Dec 2.

## SEC filing metadata
- accession: 0001172052-24-000038
- form_type: 8-K
- ticker: SAFT
- cik: 0001172052
- company_name: SAFETY INSURANCE GROUP INC
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1172052/000117205224000038/0001172052-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1172052/000117205224000038/saft-20241105x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001172052-24-000038
- JSON: https://secwatch.observer/filing/0001172052-24-000038.json
- Plain text: https://secwatch.observer/filing/0001172052-24-000038.txt

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