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Safety Insurance Group SAFT Unearned premiums

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Other financials

Income statement

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Revenue$325.7M+3.0%
Net income$34.5M+19.3%
EPS (diluted)$2.36+21.0%

Balance sheet

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Cash & equivalents$67.9M+37.5%
Total debt$59.8M+36.9%
Total equity$876.7M+0.4%
Total assets$2.5B+5.9%

Cash flow

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Operating cash flow$38.3M+18.6%
CapEx$627.0K+822%
Free cash flow$37.7M+16.9%

Valuation

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Market cap$1.52B+41.0%
Enterprise value$1.51B+41.0%
P/E22.1×+9.4×
P/S1.2×+0.3×

Profitability

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Net margin5.3%-1.7pp
FCF margin13.7%+0.4pp

Returns & leverage

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Return on equity7.8%-2.2pp
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:UnearnedPremiums.

The source filing: Safety Insurance Group’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 10:21 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001172052-26-000023
Line itemJune 30, 2026December 31, 2025
Total assets$2,503,284$2,471,108
Liabilities
Losses and loss adjustment expense reserves$808,264$761,739
Unearned premium reserves664,746654,803
Accounts payable and accrued liabilities70,29980,461
Payable for securities purchased5,061846
Payable to reinsurers18,48715,184
Taxes payable3,903

Cover / Front Matter

FAQ

What is Safety Insurance Group's unearned premiums?
Safety Insurance Group (SAFT) reported unearned premiums of $664.75M in Q2 2026.
How has Safety Insurance Group's unearned premiums changed year-over-year?
Safety Insurance Group's unearned premiums increased by 0.8% year-over-year, from $659.46M to $664.75M.
What is the long-term trend for Safety Insurance Group's unearned premiums?
Over 5 years (2020 to 2025), Safety Insurance Group's unearned premiums has grown at a 9.2% compound annual growth rate (CAGR), from $421.9M to $654.8M.
What does unearned premiums mean?
This represents the portion of written premiums that corresponds to the unexpired term of insurance policies, which the company has collected but not yet earned. It serves as a measure of the company's future revenue obligations and potential liability if policies were to be cancelled. A growing balance generally indicates successful growth in the company's active policy base.

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