Safety Insurance (SAFT) news

Simon A major hurricane . . . . . Preparations to protect life and property should be near completion: NHC

As a major hurricane approaches, financial markets and insurance sectors brace for potential impacts on property and infrastructure. The National Hurricane Center (NHC) has indicated that preparations to protect life and property should be near completion, emphasizing the importance of readiness in…

Safety Insurance Group: Mapfre U.S.A. termination fee to co set at $111.76 mln if deal terminated - SEC filing

Mapfre shares down 6% after H1 results, U.S. acquisition

Mapfre SA (MAPFRE) reported first-half 2025 results showing a 27.6% increase year-on-year , driven by strong performance across several business lines and regions. Premiums rose 5.4% to nearly €8.6 billion, with Non-Life premiums up 9.8% at constant exchange rates and Life premiums declining 1.5%…

Safety Insurance Group, in merger pact with Mapfre for $1.54B

Safety Insurance Group, Inc. has entered into a merger agreement with Spanish insurance giant MAPFRE to acquire the U.S. insurer The Commerce Group for $1.54 billion (€1.538 billion) . The transaction, announced in October 2007, marked a significant milestone in MAPFRE’s international expansion…