Safety Insurance Group, Inc. provides private passenger and commercial automobile insurance in Massachusetts, New Hampshire, and Maine, the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella policies, as well as underwrites dwelling fire insurance for non-owner occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies; and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is based in Boston, Massachusetts.
Industry, Sector and Symbol
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNASDAQ:SAFT
CUSIP78648T10
Phone617-951-0600
Debt
Debt-to-Equity RatioN/A
Current Ratio0.35%
Quick Ratio0.35%
Price-To-Earnings
Trailing P/E Ratio19.78
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$839.11 million
Price / Sales1.47
Cash Flow$4.9031 per share
Price / Cash16.51
Book Value$46.06 per share
Price / Book1.76
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$62.38 million
Net Margins7.43%
Return on Equity8.99%
Return on Assets3.45%
Miscellaneous
Employees623
Outstanding Shares15,220,000
