Safety Insurance: Q4 Financial Overview

Safety Insurance Group Reports Fourth Quarter Results

Safety Insurance Group Inc., headquartered in Boston, announced on Wednesday that it achieved a net profit of $20.1 million during the fourth quarter.

The company’s earnings translated to $1.36 per share, with adjusted earnings—excluding one-time expenses—reaching $1.51 per share.

During the same period, the auto insurance firm generated $319.3 million in revenue.

For the full year, Safety Insurance Group recorded a total profit of $99.3 million, or $6.70 per share, with annual revenue totaling $1.26 billion.