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Safety Insurance Group SAFT Increase Decrease In Prepaid Reinsurance Premiums

Increase Decrease In Prepaid Reinsurance Premiums at other companies

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ProgressivePGR
$1M+102%
United Fire Group logo
United Fire GroupUFCS
-$2.06M-173%
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Slide Insurance Holdings, Inc. Common StockSLDE
-$120.26M-32.9%
Kinsale Capital Group logo
Kinsale Capital GroupKNSL
$14.45M-38.5%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$7.08M+7.0%

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-6.9%
Enterprise value$1.09B-4.7%
P/E17.1×+1.2×
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:IncreaseDecreaseInPrepaidReinsurancePremiums.

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 increase decrease in prepaid reinsurance premiums?
Safety Insurance Group (SAFT) reported increase decrease in prepaid reinsurance premiums of $1.07M in Q1 2026.
How has Safety Insurance Group's increase decrease in prepaid reinsurance premiums changed year-over-year?
Safety Insurance Group's increase decrease in prepaid reinsurance premiums increased by 664.3% year-over-year, from $140K to $1.07M.
What is the long-term trend for Safety Insurance Group's increase decrease in prepaid reinsurance premiums?
Over 3 years (2022 to 2025), Safety Insurance Group's increase decrease in prepaid reinsurance premiums has grown at a -28.0% compound annual growth rate (CAGR), from $4.66M to -$1.74M.
What does increase decrease in prepaid reinsurance premiums mean?
This reflects the change in premiums paid to reinsurers for coverage that applies to future periods. It represents an asset that will be amortized into expense over the term of the reinsurance contract. Tracking this helps investors understand the company's ongoing cost of risk transfer and the timing of its reinsurance expenditure.