Safety Insurance Group, Inc. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting second-quarter and year-to-date financial results for the insurance holding company based in Boston, Massachusetts.

Key Highlights

  • Q2 net income: $34,517 thousand for the three months ended June 30, 2026, compared with $28,937 thousand in the same period of 2025, according to the filing.
  • Six-month net income: $20,194 thousand for the six months ended June 30, 2026, down from $50,833 thousand in the first half of 2025.
  • Q2 net earned premiums: $291,653 thousand for Q2 2026, compared with $282,113 thousand in Q2 2025.
  • Q2 basic and diluted EPS: $2.36 per share for the second quarter, versus $1.95 per share in Q2 2025; six-month basic EPS was $1.38 versus $3.44 in 2025.
  • Cash dividends paid: $0.92 per common share in Q2 2026, compared with $0.90 in Q2 2025; $1.84 per share year-to-date versus $1.80 in the prior-year period.
  • Total assets: $2,503,284 thousand as of June 30, 2026, up from $2,471,108 thousand at December 31, 2025.
  • Shares outstanding: 14,680,482 shares of common stock as of August 3, 2026, per the filing.

Safety Insurance Group Financial Position and Operating Results for the First Half of 2026

According to the 10-Q filing, Safety Insurance Group, Inc. (Nasdaq: SAFT) reported total revenue of $325,682 thousand for the three months ended June 30, 2026, compared with $316,344 thousand in the same quarter of 2025. For the six months ended June 30, 2026, total revenue was $640,348 thousand versus $617,773 thousand in the prior-year period. The company disclosed net investment income of $16,559 thousand in Q2 2026 and $33,597 thousand for the first half of 2026, up from $15,724 thousand and $30,298 thousand in the respective 2025 periods.

The filing reported losses and loss adjustment expenses of $195,119 thousand in Q2 2026 and $442,609 thousand for the six-month period, compared with $194,232 thousand and $384,522 thousand in the corresponding 2025 periods. Total expenses for the six months ended June 30, 2026 were $614,452 thousand, versus $552,716 thousand in the prior-year period. Income before income taxes for the six months ended June 30, 2026 was $25,896 thousand, compared with $65,057 thousand in 2025.

On the balance sheet, total investments were reported at $1,684,586 thousand as of June 30, 2026, compared with $1,687,521 thousand at December 31, 2025. Total shareholders' equity declined to $876,654 thousand from $892,311 thousand at year-end 2025, with accumulated other comprehensive loss widening to ($28,771) thousand from ($17,133) thousand over the same period. Long-term debt remained unchanged at $50,000 thousand. The company disclosed losses and loss adjustment expense reserves of $808,264 thousand at June 30, 2026, up from $761,739 thousand at December 31, 2025.

What Was Disclosed

Safety Insurance Group filed its quarterly report covering operations through June 30, 2026, disclosing revenue, earnings, balance sheet figures, and per-share data for both the three-month and six-month periods, alongside year-end 2025 comparative balance sheet information.