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Safety Insurance Q1 turns to $14.3 million net loss; combined ratio widens to 113.4%
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Safety Insurance Q1 turns to $14.3 million net loss; combined ratio widens to 113.4%
  • Safety Insurance Group swung to a net loss of USD 14.3 million, or USD 0.99 per diluted share, in first-quarter 2026 from net income a year earlier.
  • Combined ratio widened to 113.4% as loss and loss adjustment expenses climbed 30.1% to USD 247.5 million.
  • Net earned premiums rose 6.7% to USD 291 million, while net investment income increased 16.9% to USD 17 million.
  • Book value per share fell to USD 58.28; board declared a USD 0.92 per share quarterly cash dividend payable June 12 to shareholders of record June 1.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Safety Insurance Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001172052-26-000013), on May 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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