Safety Insurance Group, Inc. (SAFT)

Safety Insurance Group, Inc. (SAFT) stock has experienced some fluctuations in the past six months. As of November 27, 2025, the stock was trading at $77.00. Over the last month, the stock price has increased by 10.70%, but it has decreased by 6.45% over the last six months and by 9.95% over the last year. From November 18, 2024, to November 17, 2025, the share price declined by 10.26%. Recent company news includes the announcement of second-quarter 2025 results on August 6, 2025, where the combined ratio improved to 98.1% compared to 99.9% in the prior year, and the third-quarter 2025 dividend was raised. The company also reported higher third-quarter earnings, with revenue rising to US$326.62 million and net income reaching US$28.31 million, and reaffirmed a quarterly cash dividend of US$0.92 per share for December 2025. The company has also indicated plans to resume share repurchases.

Demand for property and casualty insurance products, including auto and home insurance, can exhibit seasonality. Spring and summer are typically busy seasons for auto insurance, often driven by surges in vehicle purchases. Home insurance also experiences busy periods, particularly in April and October. The broader property and casualty insurance industry sees demand surges related to natural disaster seasons, severe weather events, home-buying season in spring and summer, holiday travel season, and new vehicle releases.

Safety Insurance Group, Inc. operates in the Finance sector, specifically in the Property-Casualty Insurers industry, underwriting and distributing insurance products for individuals and businesses. Its major product offerings include personal auto insurance, commercial auto insurance, homeowners insurance, dwelling fire, umbrella liability insurance, business owner policies, motorcycle insurance, inland marine coverage, and watercraft coverage. Personal auto insurance constitutes approximately 65% of its product breakdown, homeowners insurance 22%, and commercial insurance 13%.

Safety Insurance Group's geographic footprint is concentrated in the Northeastern United States, primarily operating in Massachusetts, New Hampshire, and Maine. Approximately 98% of its insurance business is concentrated in Massachusetts, where it holds a significant market share in the personal auto insurance segment (around 15.5% as of 2023) and commercial auto insurance (12.9% in 2024). The company expanded into New Hampshire in 2008 and Maine in 2016.

Safety Insurance Group maintains a strong brand reputation, underscored by an "A (Excellent)" rating from A.M. Best, which was reaffirmed on June 20, 2025. The company is recognized for its efficient and customer-centric claims process, emphasizing prompt resolution and fair settlement of claims.

Safety Insurance Group, Inc. has significant institutional ownership, with 467 institutional owners and shareholders holding a total of 15,523,818 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, State Street Corp, Dimensional Fund Advisors Lp, TimesSquare Capital Management, LLC, and Geode Capital Management, Llc. Institutional shareholders own 81.43% of the company's stock. Key individual or insider owners include SRB Corp and David F. Brussard. Insiders hold 45.78% of the stock, while retail investors hold 0.00%.