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Safety Insurance Group SAFT Reinsurance recoverable on paid losses and loss expenses

Reinsurance recoverable on paid losses and loss expenses at other companies

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Hippo HoldingsHIPO
$57.6M+4.0%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE

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:ReinsuranceRecoverablesOnPaidLosses.

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
Receivable for securities sold5274,269
Accrued investment income11,70212,169
Taxes recoverable10,731
Receivable from reinsurers related to paid loss and loss adjustment expenses25,0749,433
Receivable from reinsurers related to unpaid loss and loss adjustment expenses150,659149,441
Ceded unearned premiums43,31739,674
Deferred policy acquisition costs112,755111,791
Deferred income taxes6,2534,116

Cover / Front Matter

FAQ

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 $25.07M in Q2 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 22.2% year-over-year, from $32.23M to $25.07M.
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.

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