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Companies / Financials / Safety Insurance Group, Inc.
SAFT

Safety Insurance Group, Inc.

FinancialsProperty & Casualty Insurance
Ticker SAFTBOSTON, MAFiscal year ends DecemberBook value per share $58.75Diluted shares 14.6M

Safety Insurance Group, Inc. (Nasdaq: SAFT) provides property and casualty insurance through subsidiaries operating exclusively in Massachusetts, New Hampshire and Maine. Its products include private passenger and commercial automobile, homeowners, business owner, dwelling fire, and personal and commercial umbrella… From the company’s description.

Over the twelve months to Sep 30, 2026, Safety Insurance Group, Inc. reported revenue of $1.29B, up 4.6% from a year earlier, and net income of $70.33M. Its operating margin was 7.2%, and operations generated $152.54M in cash. In fiscal 2025, it reported revenue of $1.26B, up 12.8% from fiscal 2024, and net income of $99.25M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.26BFY2025
+12.8% year over year
Last 12 mo $1.29B
8.79%FY2025
+1.8 percentage points
Last 12 mo 7.22%
$99.25MFY2025
+40.3% year over year
Last 12 mo $70.33M
11.12%FY2025
+2.6 percentage points
Last 12 mo 8.22%
Cash & financing
$194.50MFY2025
+51.1% year over year
Last 12 mo $152.54M
$191.99MFY2025
+54.4% year over year
Last 12 mo $147.01M
0.06FY2025
Was 0.04× a year earlier
Last 12 mo 0.06
14.7MFY2025
+0.2% year over year
Last 12 mo 14.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Safety Insurance Group, Inc. does

In the company’s own words

Safety Insurance Group, Inc. (Nasdaq: SAFT) provides property and casualty insurance through subsidiaries operating exclusively in Massachusetts, New Hampshire and Maine. Its products include private passenger and commercial automobile, homeowners, business owner, dwelling fire, and personal and commercial umbrella policies, sold primarily to individuals and businesses through independent agents. In 2025, its 797 agents operated across 1,063 locations in the three states. The company reports one insurance business, with private passenger automobile representing 54.9% of 2025 direct written premiums, homeowners 25.2%, and commercial automobile 15.2%. Its policies also cover homes, condominiums and apartments; small and midsize businesses; and certain commercial vehicles and fleets. Safety’s insurance subsidiaries offer standard, preferred, ultra-preferred and high-value product options. The company’s roots in Massachusetts insurance date to 1979; it expanded into New Hampshire in 2008 and Maine in 2016. Total direct written premiums were $1.28 billion in 2025. Its website is www.SafetyInsurance.com.

Company details
Sector
Financials
Industry (SIC)
Property & Casualty Insurance
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
1172052
SIC
6331

Financial performance, year by year

Fiscal 2011–2025 · USD
$-143.98M$246.41M$636.80M$1.03B$1.42B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Safety Insurance Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

229
funds hold it
0 of 35
superinvestors hold it
$417.71M
held by funds, at market
38.3%
of shares held by funds

Largest fund holders · Safety Insurance Group, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.06%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Safety Insurance Group, Inc. and its peers compare on margins and cash generation over ten years?”
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