earnings
confidence high
sentiment positive
materiality 0.70
Safety Insurance Q3 net income $28.3M ($1.91/diluted), combined ratio 98.9%, book value up 8.2%
SAFETY INSURANCE GROUP INC
2025-Q3 EPS reported
$5.33
revenue$944,397,000
- Q3 net income $28.3M ($1.91/diluted) vs $25.9M ($1.73) YoY; non-GAAP operating income $1.48/diluted.
- Combined ratio improved to 98.9% from 100.7%; net earned premiums up 12.5% to $291.0M.
- Book value per share rose 8.2% to $60.40; Q3 dividend $0.92/share payable Dec 15.
- Direct written premiums +5% to $334.2M; $44.76M remaining under $200M buyback authorization; plan to recommence repurchases.
- Net investment income increased 27.2% to $15.5M; portfolio yield 4.0%.