Question 1

What is Safety Insurance Group's reserve for insurance claims?

Accepted Answer

Safety Insurance Group (SAFT) reported reserve for insurance claims of $808.26M in Q2 2026.

Question 2

How has Safety Insurance Group's reserve for insurance claims changed year-over-year?

Accepted Answer

Safety Insurance Group's reserve for insurance claims increased by 17.8% year-over-year, from $685.94M to $808.26M.

Question 3

What is the long-term trend for Safety Insurance Group's reserve for insurance claims?

Accepted Answer

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.

Question 4

What does reserve for insurance claims mean?

Accepted Answer

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.

Line item	June 30, 2026	December 31, 2025
Other assets	18,976	18,672
Total assets	$2,503,284	$2,471,108
Liabilities
Losses and loss adjustment expense reserves	$808,264	$761,739
Unearned premium reserves	664,746	654,803
Accounts payable and accrued liabilities	70,299	80,461
Payable for securities purchased	5,061	846
Payable to reinsurers	18,487	15,184

Reserve for insurance claims at other companies

Other financials

Income statement

Balance sheet

Cash flow

Valuation

Profitability

Returns & leverage

Where this comes from

FAQ

Ask your AI about Safety Insurance Group's reserve for insurance claims.

Safety Insurance Group SAFT Reserve for insurance claims