Safety Insurance Group SAFT Reserve for insurance claims
Reserve for insurance claims 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:LiabilityForClaimsAndClaimsAdjustmentExpense.
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 reserve for insurance claims?
- Safety Insurance Group (SAFT) reported reserve for insurance claims of $813.09M in Q1 2026.
- How has Safety Insurance Group's reserve for insurance claims changed year-over-year?
- Safety Insurance Group's reserve for insurance claims increased by 19.1% year-over-year, from $682.72M to $813.09M.
- What is the long-term trend for Safety Insurance Group's reserve for insurance claims?
- Over 5 years (2020 to 2025), Safety Insurance Group's reserve for insurance claims has grown at a 6.1% compound annual growth rate (CAGR), from $567.58M to $761.74M.
- What does reserve for insurance claims mean?
- This liability represents the estimated total cost of all insurance claims that have been reported but not yet settled, as well as claims that have been incurred but not yet reported. It is the most significant liability for an insurer and requires actuarial precision to ensure long-term solvency. Changes in this reserve reflect the company's assessment of future claim severity and frequency.