Safety Insurance Group SAFT Insurance and reinsurance balances payable
Insurance and reinsurance balances payable 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:IncreaseDecreaseInReinsurancePayables.
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 insurance and reinsurance balances payable?
- Safety Insurance Group (SAFT) reported insurance and reinsurance balances payable of -$13.29M in Q1 2026.
- How has Safety Insurance Group's insurance and reinsurance balances payable changed year-over-year?
- Safety Insurance Group's insurance and reinsurance balances payable decreased by 1071.8% year-over-year, from $1.37M to -$13.29M.
- What does insurance and reinsurance balances payable mean?
- This metric represents the net change in obligations owed to reinsurers for premiums ceded or claims recovered under reinsurance contracts. It reflects the timing differences between when the company recognizes reinsurance liabilities and when actual cash settlements occur. Monitoring this balance helps investors understand the company's liquidity management regarding its risk-transfer arrangements.