SAFT at a glance
SAFETY INSURANCE GROUP INC (SAFT, SEC CIK 1172052) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on September 15, 2026 and Form 4 insider filings as recently as July 28, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), SAFETY INSURANCE GROUP INC (SAFT) reported revenue of $1.3 billion (up 12.8% from FY2024) and net income of $99.3 million. Diluted EPS was $6.70.
- As of June 30, 2026, 30 institutional investment managers tracked by SignalX reported holding SAFETY INSURANCE GROUP INC (SAFT) shares worth $550.6 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by SRB CORP on July 27, 2026 of 774,177 shares at $103.05 per share.
- In the last 90 days, SAFT insiders reported 0 open-market purchases ($0) and 6 open-market sales ($135.0M) on Form 4, a net sale of $135.0M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $1.3B
- +12.8% vs prior year
- Insiders · 90 days
- 0 buys · 6 sells
- Net −$135.0M
- 13F holders
- 30 funds
- $550.6M · +1 vs prior quarter
- Latest 8-K
- Sep 15, 2026
- Item 8.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: Property and casualty insurance provider focusing on risk management and underwriting
- Enhanced cybersecurity program aligning with NIST framework, emphasizing ransomware defense and cloud platform security
- Governance shift with cybersecurity oversight delegated to Board Audit Committee, meeting quarterly for detailed risk updates
- Cybersecurity leadership by VP of MIS with 33 years at Company, ensuring expertise in risk, governance, and disaster recovery
- Comprehensive third-party risk management program with vendor tiering and incident response procedures introduced
Risk Factors
- No specific or timely regulatory risks detailed beyond general references to regulation and supervision
- No geopolitical or macroeconomic threats explicitly identified with concrete exposure details
- No company-specific operational or supply chain vulnerabilities disclosed
- No named competitors or technologies indicating competitive or market disruption risks
- No financial or structural risks such as leverage, concentration, or key-person dependency specified
Management Discussion & Analysis
- Revenue $1,278.6M, up 7.2% YoY from $1,193.1M in 2024 driven by rate increases; net earned premiums $1,139.0M, up 12.7% YoY
- Operating margins: loss ratio 70.0% vs 70.9%, expense ratio 29.0% vs 30.2%, combined ratio 99.0% vs 101.1% (2025 vs 2024)
- Best segment: Private Passenger Automobile with 54.9% of direct written premiums in 2025; Commercial Automobile largest market share 13.0% in Massachusetts
- Net income $99.3M, up 40.3% YoY from $70.7M; net investment income $62.7M, up 12.6%; net realized gains on investments $18.0M vs $7.7M
- No catastrophe losses in 2025 vs $41.2M in 2023; strong catastrophe reinsurance coverage of $675M protecting against 138-year storm
- Cash dividends $3.64 per share, slightly up from $3.60; share-based compensation with 235,663 shares available for future grants; strategic portfolio repositioning improving credit quality
- Management outlook: 2026 filed rate increases up to 14.8% on Maine Commercial Auto; monitors inflation and market conditions as key risks impacting loss severity and underwriting results
AI summary of the SAFT 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Total revenue $325,682, up $9,338 YoY from $316,344
- Net income $34,517 vs $28,937 YoY; combined ratio 95.7% vs 98.1%
- Net earned premiums $291,653, up 3.4% YoY; commercial automobile policies up 2.7% for six months
- Net written premiums $313,510, down 1.9% YoY, following underperforming agency cancellations
- Winter Storms generated approximately 1,800 claims and $42,736 losses through June 30; merger consideration $105 per share
Risk Factors
- New merger risk triggered by July 23, 2026 Merger Agreement with Parent
- Transaction-completion risk from stockholder approval, Hart-Scott-Rodino clearance, and other regulatory approvals
- Termination-fee exposure of $46.2 million if the Company ends the Merger Agreement under specified circumstances
- Merger-related litigation risk, including possible injunctions, damages, or completion delays
- Near-term operational disruption from management distraction, employee retention pressure, and customer relationship uncertainty
AI summary of the SAFT 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 8.01: Other Events
- HSR antitrust waiting period expired September 14, 2026, satisfying one closing condition
- Safety remains set to become a wholly owned Mapfre subsidiary through the proposed merger
Item 2.02: Results of Operations and Financial Condition
- Second-quarter 2026 results announced August 5, 2026
- Exhibit 99.1 contains the earnings release and detailed financial results
Item EX-99.1: Item EX-99.1
- Q2 net income rose to $34.5M, or $2.36 diluted EPS, from $28.9M and $1.95, signaling improved quarterly profitability
- Combined ratio improved to 95.7% from 98.1%, reflecting stronger underwriting despite continued catastrophe exposure
Item 1.01: Entry into a Material Definitive Agreement
- MAPFRE acquisition agreement signed July 23, 2026; Safety Insurance shareholders receive $105.00 cash per share
- Transaction takes Safety Insurance private as MAPFRE’s wholly owned subsidiary, subject to shareholder and regulatory approvals
AI summaries of SAFT 8-K current reports filed with the SEC. What 8-K item codes mean
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| SRB CORP | Sell | Jul 27, 2026 | 774,177 | $103.05 |
| SRB CORP | Sell | Jul 27, 2026 | 466,175 | $103.09 |
| SRB CORP | Sell | Jul 24, 2026 | 38,835 | $103.08 |
| SRB CORP | Sell | Jul 17, 2026 | 5,159 | $76.03 |
| SRB CORP | Sell | Jul 13, 2026 | 34,272 | $76.04 |
| SRB CORP | Sell | Jul 9, 2026 | 2,650 | $76.51 |
| SRB CORP | Sell | Mar 20, 2026 | 14,151 | $71.12 |
| SRB CORP | Sell | Mar 17, 2026 | 1,199 | $73.06 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $931.0M | $1.1B | $1.3B |
| Net Income | $18.9M | $70.7M | $99.3M |
| Net Margin | 2.0% | 6.3% | 7.9% |
| Balance Sheet | |||
| Total Assets | $2.1B | $2.3B | $2.5B |
| Equity | $804.3M | $828.5M | $892.3M |
| ROE | 2.3% | 8.5% | 11.1% |
| Per Share | |||
| EPS | - | $4.78 | $6.70 |
| Cash Flow | |||
| Operating CF | $52.1M | $128.7M | $194.5M |
| CapEx | $1.8M | $4.4M | $2.5M |
Source: XBRL data in SAFETY INSURANCE GROUP INC (SAFT)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SAFT share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 30 | $550.6M |
| Q1 2026 | 29 | $524.8M |
| Q4 2025 | 28 | $562.8M |
| Q3 2025 | 28 | $523.1M |
| Q2 2025 | 28 | $537.8M |
| Q1 2025 | 25 | $337.3M |
| Q4 2024 | 21 | $322.0M |
| Q3 2024 | 16 | $170.4M |
- Morgan Stanley+101.0K (+83%)
- Two Sigma Investments+86.6K (+106%)
- BlackRock+53.5K (+2%)
- Millennium Management+46.2K (+60%)
- State Street Corp+42.3K (+6%)
- Goldman Sachs Group−310.2K (-77%)
- AQR Capital Management−44.4K (-15%)
- Principal Financial Group−1.4K (-2%)
- Fifth Third Bancorp−61 (-2%)
- U.S. Bancorp−21 (-0%)
- Franklin Resources+25.4K
Source: 13F-HR filings on SEC EDGAR (aggregated from 205 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SAFT filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 15, 2026 | - | Analysis | - |
| 10-Q | Aug 7, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 5, 2026 | - | Analysis | - |
| 4 | Jul 28, 2026 | - | - | - |
| 4 | Jul 27, 2026 | - | - | - |
| 8-K | Jul 24, 2026 | - | Analysis | - |
| 8-K | Jul 23, 2026 | - | Analysis | - |
| 4 | Jul 20, 2026 | - | - | - |
| 4 | Jul 14, 2026 | - | - | - |
| 4 | Jul 10, 2026 | - | - | - |
| 8-K | Jun 15, 2026 | - | Analysis | - |
| 8-K | May 14, 2026 | - | Analysis | |
| SC 13G | May 12, 2026 | - | - | |
| 10-Q | May 8, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | May 6, 2026 | - | Analysis | |
| SC 13G | Apr 30, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Mar 23, 2026 | - | - | - |
| 4 | Mar 19, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 2, 2026 | - | - | - |
| 4 | Mar 2, 2026 | - | - | - |
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SAFT SEC filings: frequently asked questions
Are SAFT insiders buying or selling?
In the last 90 days, SAFETY INSURANCE GROUP INC (SAFT) officers, directors and 10% owners reported no open-market purchases and 6 open-market sales worth $135.0 million by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold SAFT stock?
As of June 30, 2026, the largest SAFETY INSURANCE GROUP INC (SAFT) holders among the 13F filers tracked by SignalX were BlackRock ($171.4 million), Vanguard Portfolio Management LLC ($63.4 million), State Street Corp ($59.9 million), Dimensional Fund Advisors ($54.7 million), Vanguard Capital Management LLC ($49.1 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SAFT's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), SAFETY INSURANCE GROUP INC (SAFT) reported revenue of $1.3 billion (up 12.8% from FY2024) and net income of $99.3 million. Diluted EPS was $6.70. The figures come from the XBRL data in the 10-K.
What are the main risks in SAFT's latest 10-K?
In the 10-K filed February 27, 2026, SAFETY INSURANCE GROUP INC (SAFT) flagged: No specific or timely regulatory risks detailed beyond general references to regulation and supervision. No geopolitical or macroeconomic threats explicitly identified with concrete exposure details. (AI summary of the Risk Factors section.)
What did SAFT report in its latest 8-K?
SAFETY INSURANCE GROUP INC (SAFT) filed an 8-K on September 15, 2026 reporting Item 8.01 (Other Events). HSR antitrust waiting period expired September 14, 2026, satisfying one closing condition.
What are the latest SAFT SEC filings?
SAFETY INSURANCE GROUP INC (SAFT) filed its latest 10-K annual report on February 27, 2026, a 10-Q quarterly report on August 7, 2026, an 8-K current report on September 15, 2026 and a Form 4 insider filing on July 28, 2026.
What is SAFT's SEC CIK number?
SAFETY INSURANCE GROUP INC (SAFT)'s SEC Central Index Key (CIK) is 1172052. EDGAR lists every SAFT filing under that number.
Ask anything about SAFT
The research agent reads SAFT's filings, financials, insider trades and 13F holders, then answers with sources.