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Safety Insurance Group, Inc. — Third Quarter 2026 Earnings Summary

Safety Insurance Group, Inc. reported third-quarter 2026 net income of $30.0 million, or $2.05 per diluted share, driven by an improved combined ratio of 96.3% and record net investment income. The company announced a $0.92 per share quarterly dividend payable in December 2026 and confirmed that shareholders voted to approve an all-cash acquisition by an affiliate of Mapfre S.A. valued at approximately $1.54 billion. While direct written premiums decreased by 4.3% to $319.7 million due to market competition and agency cancellations, net earned premiums rose 1.0% to $293.9 million as rate increases began to impact top-line revenue.

Company
SAFETY INSURANCE GROUP INC
Sector
Financial Services
Industry
Insurance - Property & Casualty