Safety Insurance Group (SAFT) Percentage payout of incurred claims, year three — Quarterly & Annual

Screener

Percentage payout of incurred claims, year three at other companies

Genworth FinancialGNW

27.2%+1.0pp

Enact Holdings, Inc.ACT

27.2%+1.0pp

RenaissanceRe HoldingsRNR

17%+0.6pp

ASI

Ategrity Specialty HoldingsASIC

21.8%—

ASI

Ategrity Specialty HoldingsASIC

9.7%—

W.R. BerkleyWRB

15.2%+0.1pp

Segments

By product

Homeowners Liability20%—

Property And Casualty Commercial Automobile Insurance Product Line14.5%—

Property Insurance Product Line2.9%—

Other financials

Income statement

Revenue$325.7M+3.0%

Net income$34.5M+19.3%

EPS (diluted)$2.36+21.0%

Balance sheet

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

Operating cash flow$38.3M+18.6%

CapEx$627.0K+822%

Free cash flow$37.7M+16.9%

Valuation

Market cap$1.52B+41.0%

Enterprise value$1.51B+41.0%

P/E22.1×+9.4×

P/S1.2×+0.3×

Profitability

Net margin5.3%-1.7pp

FCF margin13.7%+0.4pp

Returns & leverage

Return on equity7.8%-2.2pp

Debt / equity0.1×0.0×