Detail akcie Safety Insurance online

Business Summary: Safety Insurance Group, Inc. is a provider of private passenger automobile, commercial automobile, and homeowners' insurance in Massachusetts. In addition to these coverages, it offers a portfolio of other insurance products, including dwelling fire, umbrella, and business owner policies. Private passenger automobile and commercial automobile policies provide coverage for bodily injury and property damage to others, no-fault personal injury coverage, and physical damage coverage for an insured's own vehicle for collisions or other perils. Homeowners' policies provide coverage for losses to a dwelling and its contents from numerous perils, and coverage for liability to others arising from ownership or occupancy. Business Owner Policies serve eligible small and medium-sized commercial accounts with a program that covers apartments and residential condominiums; mercantile establishments; offices; processing and services businesses; special trade contractors, and wholesaling businesses.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Safety Insurance Group Inc revenues increased 20% to $1.1B. Net income applicable to common stockholders increased from $18.8M to $70.4M. Revenues reflect Interest on fixed maturity securities increase of 1% to $47.2M. Net income benefited from Earnings from partnership investments increase of 85% to $10.3M (income), Credit loss benefit (expense) decrease from $530K (expense) to $9K (income).