Safety Insurance Group SAFT Change in loss reserves
Change in loss reserves at other companies
Other financials
Where this comes from
Reported directly by Safety Insurance Group in its filing.
Tagged under the XBRL concept us-gaap:IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve.
The official record: Safety Insurance Group’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Safety Insurance Group's change in loss reserves?
- Safety Insurance Group (SAFT) reported change in loss reserves of $51.35M in Q1 2026.
- How has Safety Insurance Group's change in loss reserves changed year-over-year?
- Safety Insurance Group's change in loss reserves increased by 364.8% year-over-year, from $11.05M to $51.35M.
- What is the long-term trend for Safety Insurance Group's change in loss reserves?
- Over 2 years (2023 to 2025), Safety Insurance Group's change in loss reserves has grown at a 24.0% compound annual growth rate (CAGR), from $58.6M to $90.07M.
- What does change in loss reserves mean?
- This represents the net change in the liability established for unpaid claims and claim adjustment expenses, including estimates for claims incurred but not reported. It is a fundamental metric for insurance companies, reflecting the adequacy of reserves and the underlying loss experience of the underwriting portfolio. Significant movements indicate changes in claim frequency, severity, or management's actuarial assumptions.