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Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, and insure individual vehicles, as well as commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. Additionally, the company offers inland marine coverage for homeowners and business owner policies; and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Safety Insurance Group, Inc. is a regional property-and-casualty insurer focused on private-passenger automobile and homeowners lines in Massachusetts and nearby New England markets through direct and agent channels. Long-term growth may be supported by disciplined underwriting, rate adequacy and modest product or geographic expansion that could sustain returns.
Material risks include exposure to rising auto-claims severity and catastrophe losses, regulatory and rate approval constraints in core states and competitive pressure that could compress underwriting margins.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 126.68M | 89.87M | 24.42M | 59.58M | 164.27M |
| Net income | 99.25M | 70.73M | 18.88M | 46.56M | 130.71M |
| Gross profit | 456.89M | 393.10M | 283.64M | 785.06M | 864.72M |
| Reconciled depreciation | 6.78M | 9.46M | 6.72M | 6.61M | 6.90M |
| Ebit | 128.21M | 90.38M | 25.24M | 60.27M | 164.27M |
| Ebitda | 134.99M | 99.84M | 32.19M | 61.96M | 171.17M |
| Depreciation and amortization | 6.78M | 9.46M | 6.95M | 1.69M | 6.90M |
| Operating income | 126.68M | 89.87M | 24.42M | 60.27M | 164.27M |
| Other operating expenses | 1127.39M | 1019.87M | 901.53M | 725.48M | 700.45M |
| Interest expense | 1.53M | 0.51M | 0.82M | 0.52M | 0.52M |
| Tax provision | 27.43M | 19.13M | 9.20M | 13.02M | 33.56M |
| Interest income | 88.30M | 78.22M | 55.13M | 47.69M | 42.60M |
| Net interest income | -1.53M | -0.51M | -0.83M | -0.52M | -0.52M |
| Income tax expense | 27.43M | 19.13M | 5.54M | 13.02M | 33.56M |
| Total revenue | 1254.07M | 1109.74M | 925.95M | 785.06M | 864.72M |
| Total operating expenses | 330.21M | 303.23M | 259.22M | 245.15M | -700.45M |
| Cost of revenue | 797.18M | 716.64M | 642.30M | - | - |
| Total other income expense net | - | 14.42M | 10.24M | -0.69M | -0.52M |
| Net income from continuing ops | 99.25M | 70.73M | 31.24M | 46.56M | 130.71M |
| Net income applicable to common shares | - | - | - | 46.36M | 130.71M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2471.11M | 2270.09M | 1965.08M | 1972.57M | 2117.39M |
| Intangible assets | 118.57M | 7.73M | 7.55M | 7.86M | - |
| Other current assets | 39.67M | -1076.57M | 369.14M | 114.59M | 116.30M |
| Total liab | 1578.80M | 1441.63M | 1160.81M | 1160.57M | 1190.22M |
| Total stockholder equity | 892.31M | 828.46M | 804.27M | 812.00M | 927.17M |
| Deferred long term liab | - | - | - | - | 15.24M |
| Other current liab | 766.49M | -127.36M | 414.96M | -83.59M | -115.79M |
| Common stock | 0.18M | 0.18M | 0.18M | 0.18M | 0.18M |
| Capital stock | 0.18M | 0.18M | 0.18M | 0.18M | 0.18M |
| Retained earnings | 844.06M | 798.76M | 781.19M | 815.31M | 821.74M |
| Other liab | - | - | - | 30.85M | 46.70M |
| Good will | 17.09M | 17.09M | 17.09M | 17.09M | - |
| Other assets | 2041.28M | 2270.09M | - | 282.21M | -965.45M |
| Cash | 73.90M | 58.97M | 38.15M | 25.30M | 63.60M |
| Total current liabilities | 1566.94M | 46.74M | 499.73M | 25.07M | 115.79M |
| Current deferred revenue | 654.80M | - | - | - | - |
| Net debt | -12.04M | -13.24M | 11.60M | 33.04M | -6.49M |
| Short term debt | 50.00M | 30.00M | 4.60M | 23.34M | 30.00M |
| Short long term debt | 50.00M | 30.00M | 30.00M | 35.00M | 30.00M |
| Short long term debt total | 61.86M | 45.73M | 49.76M | 58.34M | 57.12M |
| Other stockholder equity | 65.20M | 80.57M | 76.09M | 77.05M | 80.67M |
| Property plant equipment | - | - | - | 41.46M | 27.11M |
| Total current assets | 1309.10M | 365.44M | 369.14M | 1621.00M | 1572.50M |
| Long term investments | 1540.70M | 1360.36M | 1459.36M | 1290.31M | 1483.22M |
| Net tangible assets | - | - | - | 787.05M | 927.17M |
| Short term investments | 700.02M | 553.39M | 31.05M | 1050.15M | 1218.28M |
| Net receivables | 495.50M | 464.21M | 383.19M | 299.80M | 290.62M |
| Long term debt | - | - | - | 35.00M | 30.00M |
| Inventory | - | - | -900.81M | - | - |
| Accounts payable | 95.64M | 96.35M | 80.18M | 85.32M | 85.79M |
| Accumulated other comprehensive income | -17.13M | -51.05M | -53.19M | -80.54M | 24.58M |
| Common stock total equity | - | - | - | - | 0.18M |
| Retained earnings total equity | - | - | - | - | 821.74M |
| Non currrent assets other | 11.59M | -1405.45M | -59.56M | -1290.31M | -1510.34M |
| Non current assets total | 1162.01M | 40.56M | 1595.94M | 69.36M | 1510.34M |
| Capital lease obligations | 11.86M | 15.73M | 19.76M | 23.34M | 27.11M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -123.20M | -54.54M | 17.73M | -19.99M | -57.76M |
| Change to liabilities | - | - | - | 17.21M | -11.29M |
| Total cashflows from investing activities | -125.71M | -54.54M | - | -19.99M | -65.99M |
| Net borrowings | 20.00M | 0.00M | - | 5.00M | 5.00M |
| Total cash from financing activities | -53.87M | -53.33M | -63.53M | -62.64M | -65.57M |
| Change to operating activities | - | - | - | -33.80M | 37.54M |
| Net income | 99.25M | 70.73M | 18.79M | 46.56M | 130.71M |
| Change in cash | 14.93M | 20.82M | 12.85M | -38.30M | 9.83M |
| Begin period cash flow | 58.97M | 38.15M | 25.30M | 63.60M | 53.77M |
| End period cash flow | 73.90M | 58.97M | 38.15M | 25.30M | 63.60M |
| Total cash from operating activities | 194.50M | 128.69M | 52.11M | 44.33M | 141.39M |
| Depreciation | -1.57M | 9.46M | 8.66M | 6.61M | 6.90M |
| Other cashflows from investing activities | -21.12M | 308.63M | - | - | -32.57M |
| Dividends paid | 53.87M | 53.33M | 53.29M | 53.04M | 54.01M |
| Change to inventory | - | - | 124.31M | - | 17.33M |
| Change to account receivables | -13.72M | -81.20M | -83.52M | -19.07M | 19.04M |
| Sale purchase of stock | -20.00M | 0.00M | -5.24M | -14.60M | -11.56M |
| Other cashflows from financing activities | - | - | 24.27M | 5.00M | -65.99M |
| Change to netincome | - | - | - | 26.10M | -29.43M |
| Capital expenditures | 2.51M | 4.37M | 1.78M | 2.09M | 8.22M |
| Change receivables | - | - | - | - | 18.29M |
| Cash flows other operating | - | - | - | - | -16.06M |
| Cash and cash equivalents changes | - | - | - | - | 9.83M |
| Change in working capital | 103.90M | 62.17M | 33.55M | -34.94M | 33.21M |
| Stock based compensation | 4.83M | 4.48M | 4.33M | 5.98M | 6.29M |
| Other non cash items | -9.99M | -18.55M | -14.87M | 28.49M | -41.04M |
| Free cash flow | 191.99M | 124.32M | 50.33M | 42.23M | 133.17M |
Sector: Financial Services Industry: Insurance - Property & Casualty
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| SAFT Safety Insurance Group Inc |
-0.09 0.09% |
104.27 | 22.21 | 17.12 | 1.18 | 1.73 | 1.19 |
| CB Chubb Ltd |
-6.61 1.78% |
365.02 | 12.11 | 11.83 | 2.13 | 1.75 | 2.45 |
| PGR Progressive Corp |
-5.41 2.32% |
227.77 | 11.10 | 13.55 | 1.41 | 3.74 | 1.50 |
| TKOMF Tokio Marine Holdings Inc. |
- -% |
3.80 | 28.94 | 12.24 | 0.01 | 1.87 | 1.61 |
| TKOMY Tokio Marine Holdings Inc |
-0.14 3.59% |
3.63 | 28.73 | 12.25 | 0.01 | 1.87 | 1.61 |
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, and insure individual vehicles, as well as commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; dwelling fire insurance for non-owner occupied residences; and commercial umbrella, which offers an excess liability product to clients. Additionally, the company offers inland marine coverage for homeowners and business owner policies; and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.
20 Custom House Street, Boston, MA, United States, 02110
617 951 0600
568
| Name | Title | Year Born |
|---|---|---|
| Mr. George Michael Murphy CPCU | Pres, CEO & Director | 1967 |
| Mr. Christopher Thomas Whitford | VP, CFO & Sec. | 1983 |
| Mr. James David Berry CPCU | VP of Underwriting | 1960 |
| Mr. John Patrick Drago | VP of Marketing | 1967 |
| Mr. Glenn Robert Hiltpold | VP of Actuarial Services | 1971 |
| Mr. George Michael Murphy C.P.C.U. | President, CEO & Chairperson of the Board | 1967 |
| Mr. Christopher Thomas Whitford CPA | VP, CFO & Secretary | 1983 |
| Mr. James David Berry C.P.C.U. | Vice President of Underwriting | 1960 |
| Mr. John Patrick Drago | Vice President of Marketing | 1967 |
| Mr. Glenn Robert Hiltpold | Vice President of Actuarial Services | 1972 |
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