Safety Insurance Group SAFT Reinsurance recoverable on paid losses and loss expenses
Reinsurance recoverable on paid losses and loss expenses 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:ReinsuranceRecoverablesOnPaidLosses.
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 reinsurance recoverable on paid losses and loss expenses?
- Safety Insurance Group (SAFT) reported reinsurance recoverable on paid losses and loss expenses of $12.15M in Q1 2026.
- How has Safety Insurance Group's reinsurance recoverable on paid losses and loss expenses changed year-over-year?
- Safety Insurance Group's reinsurance recoverable on paid losses and loss expenses decreased by 65.4% year-over-year, from $35.1M to $12.15M.
- What is the long-term trend for Safety Insurance Group's reinsurance recoverable on paid losses and loss expenses?
- Over 5 years (2020 to 2025), Safety Insurance Group's reinsurance recoverable on paid losses and loss expenses has grown at a -6.8% compound annual growth rate (CAGR), from $13.43M to $9.43M.
- What does reinsurance recoverable on paid losses and loss expenses mean?
- This represents the portion of losses already paid by the insurer that is expected to be reimbursed by reinsurers under existing reinsurance contracts. It is a critical indicator of the company's ability to collect on its risk-transfer agreements after a claim event has occurred. High levels of recoverables highlight the company's reliance on reinsurance partners to mitigate the financial impact of claims.