Assurant

Assurant, Inc. is a global provider of lifestyle and housing solutions that support, protect, and connect major consumer purchases. It operates through the following segments: Global Lifestyle, Global Housing, and Corporate and Other. The Global Lifestyle segment offers mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances, vehicle protection and related services, and credit protection and other insurance products. The Global Housing segment offers lender-placed homeowners’ insurance, lender-placed manufactured housing insurance and lender-placed flood insurance, renters’ insurance and related products, and voluntary manufactured housing insurance, voluntary homeowners’ insurance and other specialty products. The Corporate and Other segment includes corporate employee-related expenses and activities of the holding company. The company roots back to 1892 and is headquartered in New York, NY.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Assurant reports strong Q4 earnings, eyes sustainable growth strategies

Assurant's Q4 2022 earnings call highlighted strong financial performance, strategic initiatives for growth, and challenges related to inflation and loss ratios. The company remains optimistic about managing economic conditions and driving profitable growth in 2023.

Assurant reports strong Q1 performance, eyes growth amid challenges

Assurant's Q1 2023 earnings call highlighted strong performance in Global Housing, ongoing digital transformation efforts, and recognition for innovation. Challenges include higher costs in Global Automotive and subscriber declines in Japan. The company remains optimistic about the year ahead, focusing on growth opportunities and prudent capital management.

Assurant exceeds Q2 expectations, eyes efficiency amid challenges

Assurant's strong Q2 performance driven by Global Housing and Homeowners segments.
Challenges include Global Lifestyle's EBITDA decline and seasonality impacts on Connected Living.
Opportunities lie in efficiency improvements, expense reductions, and enhanced customer experience.
Overall, Assurant remains well-positioned for the full year with a focus on innovation.

Assurant reports stellar Q3 results, eyes growth in housing and reinsurance

Assurant's Q3 performance exceeded expectations, driven by strong growth in Global Housing and Renters business. The company's focus on mobile protection in Global Lifestyle and sustainability efforts were highlighted. Assurant remains optimistic about future growth prospects and cost management strategies.

Assurant reports robust 2023 performance, eyes growth amid challenges

Assurant's 2023 performance was strong, with growth in key segments and a focus on innovation.
While facing challenges in certain areas, the company's unique model and partnerships position it well for growth.
Opportunities lie in continued profitable growth, expansion in Japan, and reconvening in May for updates.
Overall, Assurant's strategic focus on operational excellence and innovation sets a positive tone for 2024.

Assurant reports stellar Q1 earnings, eyes growth in Global Housing

Assurant delivered impressive Q1 2024 results with notable growth in adjusted EBITDA and EPS, driven by strong performance in Global Housing. While facing inflation challenges in Global Automotive, the company remains optimistic about its financial objectives and growth prospects for 2024.

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Assurant, Inc. engages in the provision of lifestyle and housing solutions for consumer purchases. It operates through the following segments: Global Lifestyle, Global Housing, and Corporate and Other. The Global Lifestyle segment offers mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances, vehicle protection, and related services. The Global Housing segment includes lender-placed homeowners’ insurance, lender-placed manufactured housing insurance, lender-placed flood insurance, renters' insurance, and related products, voluntary manufactured housing insurance, voluntary homeowners’ insurance and other specialty products. The Corporate and Other segment refers to the corporate employee-related expenses and activities of the holding company. The company was founded in 1892 and is headquartered in Atlanta, GA.

Assurant's (AIZ) divestiture of Global Preneed is a strategic step toward intensifying focus on market-leading lifestyle and housing businesses.

Assurant (AIZ) to Divest Global Preneed for $1.3 Billion Cash

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has maintained the under review with developing implications status for the Financial Strength Ratings (FSR) of A- (Excellent) and the Long Term Issuer Credit Ratings (Long-Term ICR) of “a-” of American Memorial Life Insurance Company (American Memorial) (Rapid City, SD) and Assurant Life of Canada (ALOC) (Toronto, Canada). Concurrently, AM Best has maintained the under review with developing implications status for the FSR of B++ (Good) and the Long Term

AM Best Maintains Under Review with Developing Implications Status for Credit Ratings of Certain Assurant, Inc.'s Life Subsidiaries

Assurant Inc. announced Tuesday an agreement to sell Global Preneed, its prearranged funeral insurance and final expense business, for $1.3 billion in cash to CUNA Mutual Group. The risk management company expects to use three-quarters of the proceeds from the deal for share repurchases within one year of the deal's closing, which is expected by the end of the third quarter.

Assurant to sell its Global Preneed business for $1.3 billion, to use bulk of proceeds on share repurchases

NEW YORK--(BUSINESS WIRE)--Assurant to Sell Global Preneed to CUNA Mutual Group for $1.3 Billion.

Assurant to Sell Global Preneed to CUNA Mutual Group for $1.3 Billion

MADISON, Wis., March 9, 2021 /PRNewswire/ -- CUNA Mutual Group, a broad financial services provider, today announced it has entered into a definitive agreement to acquire Assurant's prearranged funeral insurance and final expense business in the U.S. and Canada, serving more than 2...

CUNA Mutual Group to Acquire Assurant's Global Prearranged Funeral and Final Expense Business

Assurant, Inc. (AIZ) CEO Alan Colberg on Q4 2020 Results - Earnings Call Transcript

Assurant's (AIZ) Q4 results reflect poor performance across most of its segments and higher reported catastrophes.

Assurant (AIZ) Q4 Earnings and Revenues Miss Estimates

Assurant (AIZ) delivered earnings and revenue surprises of -12.50% and -1.37%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Assurant (AIZ) Lags Q4 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today reported results for the fourth quarter and full-year ended December 31, 2020. “2020 marks our fourth consecutive year of strong profitable growth, demonstrating not only the effectiveness of our strategy, but also the strength and resiliency of our business model in the face of the unprecedented global challenges r

Assurant Reports Fourth Quarter and Full-Year 2020 Financial Results

On Tuesday, February 09, Assurant (NYSE:AIZ) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Preview: Assurant's Earnings

Assurant's (AIZ) Q4 results are likely to reflect favorable international claims activity in Connected Living, growth in multifamily housing and lower expenses.

Assurant's (AIZ) Q4 Earnings Coming Up: What's in Store?

Assurant (AIZ) partners with LEVC for devising a EV warranty plan, which will boost Assurant's presence in the automotive service contract space.

Assurant (AIZ), LEVC Tie Up for Enhanced EV Warranty Plan

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Assurant's (AIZ) new share repurchase program reflects effective capital deployment backed by solid financial position driven by strong segmental performance.

Assurant (AIZ) Board Okays Share Buyback Program Worth $600M

NEW YORK--(BUSINESS WIRE)--Assurant Board of Directors Authorizes New Share Repurchase Program; Declares Quarterly Dividends on its Common and Preferred Stock

Assurant Board of Directors Authorizes New Share Repurchase Program; Declares Quarterly Dividends on its Common and Preferred Stock

NEW YORK--(BUSINESS WIRE)--Assurant to Announce Fourth Quarter and Full Year 2020 Financial Results News Release on February 9, 2021; Audio Webcast on February 10, 2021

Assurant to Announce Fourth Quarter and Full Year 2020 Financial Results

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Assurant's (AIZ) acquisition of EPG Insurance will solidify the acquirer's position in the automotive service contract space.

Assurant (AIZ) Bolsters Presence With EPG Insurance Buyout

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. today announced the acquisition of EPG Insurance, Inc.

Assurant Acquires EPG Insurance, Inc.

Assurant, Inc. remains a key company in the insurance industry with its maintained adequacy that sustained its operations over the years. It remains committed to protecting and nurturing investors' interests, given the substantial dividend growth.

Assurant: Security Assured, Adequacy Sustained

Assurant (AIZ) reported earnings 30 days ago. What's next for the stock?

Why Is Assurant (AIZ) Up 4% Since Last Earnings Report?

Assurant's (AIZ) acquisition of HYLA Mobile will solidify its position as a leader in trade-in and upgrade programs.

Assurant (AIZ) Acquires HYLA Mobile, Gears Up for 5G Upgrade

NEW YORK--(BUSINESS WIRE)--Assurant (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of its acquisition of HYLA Mobile, a leading provider of smartphone software, trade-in and upgrade services. The acquisition further strengthens Assurant's trade-in and upgrade programs and better positions the company for the upcoming 5G smartphone upgrade cycle. “We're excited to officially welcome

Assurant Closes Its Acquisition of HYLA Mobile

NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ) (“Assurant”), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of a public offering of $250 million aggregate principal amount of its 5.25% Subordinated Notes due 2061 (the “Notes”). The Notes were sold at par, resulting in net proceeds of approximately $244 million, after deducting underwriting discounts and estimated offering expenses payabl

Assurant Announces Closing of Public Offering of Subordinated Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” to the recently issued $250 million, 5.25% subordinated notes, due 2061, of Assurant, Inc. (Assurant) (headquartered in New York, NY) [NYSE: AIZ]. The outlook assigned to the Credit Rating (rating) is stable. Following the debt issuance, financial leverage will remain within guidelines for the assigned rating. Assurant intends to use the net proceeds from the debt offering, along with av

News for Assurant Stock (AIZ)