Safety Insurance Group, Inc. - Company Capsule

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					Safety Insurance Group, Inc.

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Safety Insurance Group, Inc. - Company
Capsule

Reference Code: FS0329CC
Published Date: April 2011




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Safety Insurance Group, Inc. - Company Capsule                                      Page 1
Safety Insurance Group, Inc.

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Safety Insurance Group, Inc. - Company Overview

Safety Insurance Group, Inc. (Safety Insurance) principally offers private passenger automobile insurance in
Massachusetts. The company also offers property and casualty insurance products such as homeowners, commercial
automobile, dwelling fire, umbrella, and business owner policies. The company operates through subsidiaries namely,
Safety Insurance Company, Safety Property and Casualty Insurance Company and Safety Indemnity Insurance
Company. Safety Insurance’s product to small and medium-sized commercial customers covers mercantile
establishments. The company’s commercial package policy program covers number of business enterprises for larger
commercial clients. The company comprises of one business segment: property and casualty insurance operations. The
company has its principal operations in the US. Safety Insurance is headquartered at Boston, Massachusetts the US.


Financial Performance

The company reported total premiums of US$531.97 million during the year 2009.The company's total premiums declined
at a compounded rate of 6.55% during the period 2007-2009 with a year on year decline of 7.73% over fiscal year 2008.
During the fiscal year 2009, its operating margin was 14.01% as against the operating margin of 17.03% in the fiscal year
2008. During the fiscal year 2009, the company’s net profit margin was 10.17% as against the net profit margin of 12.18%
in the fiscal year 2008.




Safety Insurance Group, Inc. - Key Facts

Safety Insurance Group, Inc., Key Facts

                                  20 Custom House Street,
                                  Boston, Massachusetts (MA),       Ticker Symbol, Stock
Corporate Address:                                                                             SAFT (NASDAQ)
                                                                    Exchange
                                  02110, United States


Telephone                          + 1 617 9510600                  No. of Employees           592



Fax                                + 1 617 6034837                  Financial Year End         December



URL                               www.safetyinsurance.com           Revenue (in USD Million)   591.95



Industry                          Financial Services



Locations                         United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Safety Insurance Group, Inc. - Company Capsule                                                                  Page 2
Safety Insurance Group, Inc.

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Safety Insurance Group, Inc. - Major Products and Services

Safety Insurance Group, Inc. offers property and casualty insurance products in the US. Key products of the company
include the following:

Safety Insurance Group, Inc., Major Products and Services
Products:

Private Passenger Auto

Commercial Auto

Homeowners

Business Owners

Personal Umbrella

Commercial Umbrella

Dwelling Fire

Commercial Package Policy
Source: Annual Report, Company Website, Primary and Secondary Research




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Safety Insurance Group, Inc. - Company Capsule                                                                 Page 3
Safety Insurance Group, Inc.

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Safety Insurance Group, Inc. - Key Competitors

The following companies are the major competitors of Safety Insurance Group, Inc.:

The Hanover Insurance Group

AIG American General Life Companies

Allianz AG

Arbella Insurance Group

Mercury General Corp.

The Commerce Group, Inc.




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Safety Insurance Group, Inc. - Company Capsule                                       Page 4
Safety Insurance Group, Inc.

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Safety Insurance Group, Inc. - Key Employees


Safety Insurance Group, Inc., Key Employees


          Name                             Job Title                      Board Level   Since   Age

                           Vice President - Management
Daniel D. Loranger         Information Systems, Chief Information Senior Management     2002    70
                           Officer

David E. Krupa             Vice President - Property Claims         Senior Management   2002    49


                           Chairman, President, Chief Executive
David F. Brussard                                                   Executive Board     2001    58
                           Officer


Edward N. Patrick          Vice President - Underwriting            Senior Management   2002    61


George M. Murphy           Vice President - Marketing               Senior Management   2005    43


James D. Berry             Vice President - Insurance Operations    Senior Management   2005    50


Robert J. Kerton           Vice President - Casualty Claims         Senior Management   2002    64


                           Chief Financial Officer, Vice President,
William J. Begley                                                   Senior Management   2002    55
                           Secretary
Source: Annual Report, Company Website, Primary and Secondary Research




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Safety Insurance Group, Inc. - Company Capsule                                                       Page 5
Safety Insurance Group, Inc.

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Safety Insurance Group, Inc. - Locations and Subsidiaries

Head Office

Safety Insurance Group, Inc.
20 Custom House Street
Boston
Massachusetts (MA)
Zip: 02110
United States
Tel: + 1 617 9510600
Fax: + 1 617 6034837



Other Locations & Subsidiaries

Safety Insurance Group, Inc., Subsidiaries

Safety Indemnity Insurance Company                                  Safety Insurance Company
United States                                                       United States




Safety Property and Casualty Insurance Company                      Whiteshirts Asset Management Corporation
United States                                                       United States




Whiteshirts Management Corporation
United States


Source: Annual Report, Company Website, Primary and Secondary Research




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Safety Insurance Group, Inc. - Company Capsule                                                                 Page 6
Safety Insurance Group, Inc.

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Safety Insurance Group, Inc. - Financial Ratios

Financial Ratios - Annual Ratios
Safety Insurance Group, Inc., Annual Ratios

              Key Ratios                      Unit/Currency              2010         2009         2008         2007         2006
Equity Ratios
EPS (Earnings per Share)                            USD                     3.74         3.48         4.31       
				
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