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Safety Insurance Group SAFT Reinsurance balances payable

Reinsurance balances payable at other companies

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The Hanover Insurance GroupTHG
$43.4M-5.2%
American Financial Group logo
American Financial GroupAFG
$1.07B+3.6%
Slide Insurance Holdings, Inc. Common Stock logo
Slide Insurance Holdings, Inc. Common StockSLDE
$68.93M
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$33.45M-25.3%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$135.79M+17.9%

Other financials

Income statement

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Revenue$314.7M+4.4%
Net income-$14.3M-165%
EPS (diluted)-$0.99-167%

Balance sheet

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Cash & equivalents$54.8M-15.3%
Total debt$61.1M+36.8%
Total equity$855.8M+0.6%
Total assets$2.4B+6.3%

Cash flow

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Operating cash flow-$17.0M-637%
CapEx$1.8M+455%
Free cash flow-$18.9M-764%

Valuation

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Market cap$1.08B-8.2%
Enterprise value$1.09B-6.1%
P/E17.1×+0.9×
P/S0.9×-0.2×

Profitability

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Net margin4.9%-1.4pp
FCF margin13.3%+0.2pp

Returns & leverage

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Return on equity7.4%-1.4pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Safety Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:ReinsurancePayable.

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 reinsurance balances payable?
Safety Insurance Group (SAFT) reported reinsurance balances payable of $1.89M in Q1 2026.
How has Safety Insurance Group's reinsurance balances payable changed year-over-year?
Safety Insurance Group's reinsurance balances payable decreased by 90.8% year-over-year, from $20.44M to $1.89M.
What is the long-term trend for Safety Insurance Group's reinsurance balances payable?
Over 5 years (2020 to 2025), Safety Insurance Group's reinsurance balances payable has grown at a 13.0% compound annual growth rate (CAGR), from $8.24M to $15.18M.
What does reinsurance balances payable mean?
This represents the total amount of premiums ceded to reinsurers that remain unpaid, as well as any other obligations due to reinsurers under existing risk-transfer agreements. It is a critical indicator of the company's reliance on reinsurance to manage underwriting risk and the resulting financial obligations to its risk-sharing partners. Tracking this balance is essential for evaluating the company's counterparty obligations and the net impact of reinsurance on its overall capital position.