Assurant Inc (AIZ)

Owen Selects Assurant to Enable Embedded Protection for Swan’s Next-Generation Business CardsJune 3, 2026 3:52 AM
Business Wire Owen and Assurant come together to deliver card-linked travel and fraud protection for Swan’s embedded banking ecosystem Owen, an insurtech dedicated to modernising insurance for fintechs and digital platforms, and Assurant, Inc. (NYSE: AIZ), a global company that redefines the boundaries of protection – safeguarding and servicing connected devices, homes, automobiles, and commercial equipment for leading brands worldwide, announce their collaboration to support Swan, Europe’s leading embedded banking platform, with tailored protection embedded directly into Swan-powered card products across France and Europe. Owen selected Assurant to provide the insurance capacity required to support Swan’s next-generation card offering, bringing together Owen’s embedded insurance expertise and Assurant’s scale, governance, and experience in affinity protection. Together, Owen and Assurant enable fintechs to integrate insurance natively into their financial products — seamlessly and at scale. Under the arrangement, Assurant will act as the risk carrier for the insurance component, with Owen serving as broker and third-party administrator (TPA), and Allianz providing assistance services. “This collaboration with Assurant reflects exactly what Owen is built for: insurance that is modern, simple, and embedded into the products people already use. With Swan as our first success story, we demonstrate that high-quality protection can be distributed at scale — natively, and without friction," said Thibault Masson, Co-founder, Owen. “This initiative is fully aligned with our strategy in France and Europe: to be an insurer first for the affinity ecosystem, working with both established and digital-native distribution partners,” said Felipe Sanchez, President, Assurant Europe. “Embedding travel coverage into Swan-powered cards brings added value at the precise moment customers need it—within the everyday financial experience—while meeting the high expectations of governance and service quality in the French market.” Swan: The First Live Implementation of Owen and Assurant Working Together The program launched in April 2026 with Swan, Europe’s leading embedded banking platform. Swan enables established B2B Softwares to integrate banking features — accounts, cards and payments — directly into their products. The platform processes approximately €2 billion in monthly transactions, operates across 30 European countries, and serves 150+ companies including Pennylane, Indy, Agicap and Lucca. Through this initiative, Swan’s partners can now offer their users embedded travel insurance and fraud protection directly within their cards. Central to this model is Owen, bringing its embedded insurance expertise to the program — integrating protection natively into Swan-powered card products for a seamless user experience. "Embedding insurance into a card product used to mean months of integration work and complex regulatory lift. With Owen and Assurant, it becomes a native capability, so Swan’s partners can ship richer, more complete card experiences for their own customers, faster." - Julien Mettoudi - VP Product & Operations, Payment, Swan. About Assurant Assurant, Inc. (NYSE: AIZ) redefines the boundaries of protection – safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’s most successful brands. As a Fortune 500 company operating in 21 countries, Assurant leads the way in leveraging insights and technology to transform customer connections that build loyalty and drive value. Learn more at assurant.fr About Owen Owen is an insurtech that modernises and simplifies access to insurance. Through an embedded insurance model, Owen enables fintechs, neobanks and platforms to integrate coverage directly into their products across multiple European markets — and allow their users to benefit from it easily with a seamless claims experience. Learn more at get-owen.com About Swan Swan is a European fintech specializing in embedded banking. Businesses of all types can unlock the full potential of their product by integrating Swan's banking features, such as accounts, cards, and payments. Swan processes over €2 billion in monthly transactions for more than 150 companies—like Pennylane, Indy, Agicap, Libeo, and Lucca—and operates in 30 European countries. Founded in 2019, the company has received growth capital from leading investors such as Lakestar, Accel, Creandum, Bpifrance and Eight Roads. Swan is a principal member of Mastercard and a licensed financial institution, regulated by the French banking authority (ACPR). Learn more at swan.io View source version on businesswire.com: https://www.businesswire.com/news/home/20260603739999/en/ Media Contacts:
Neeti Dhawan
Director, International Communications
neeti.dhawan@assurant.com Original: Owen Selects Assurant to Enable Embedded Protection for Swan’s Next-Generation Business Cards

Assurant Board of Directors Declares Quarterly Dividend of $0.88 per Common ShareMay 21, 2026 4:15 PM
Business Wire Assurant, Inc. (NYSE: AIZ), a global company that redefines the boundaries of protection – safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’s most successful brands, announced today that its Board of Directors declared a quarterly dividend of $0.88 per share of common stock. The dividend will be payable on June 29, 2026 to stockholders of record as of the close of business on June 8, 2026. Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent upon the company’s earnings, financial condition, capital requirements, future prospects, regulatory restrictions, and other considerations. About Assurant
Assurant, Inc. (NYSE: AIZ) redefines the boundaries of protection—safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’s most successful brands. As a Fortune 500 company operating in 21 countries, Assurant leads the way in leveraging insights and technology to transform customer connections that build loyalty and drive value. Learn more at assurant.com. # # # View source version on businesswire.com: https://www.businesswire.com/news/home/20260521761537/en/ Media Contact:
Julie Strider
Vice President, Global Communications
julie.strider@assurant.com Investor Relations Contacts:
Rebekah Biondo
Deputy CFO
rebekah.biondo@assurant.com Sean Moshier
Vice President, Investor Relations
sean.moshier@assurant.com Original: Assurant Board of Directors Declares Quarterly Dividend of $0.88 per Common Share

Assurant Increases Full Year Outlook on Record First Quarter ResultsMay 5, 2026 2:26 PM
Business Wire Strong Start to 2026 Led by Record Earnings in Global Lifestyle 2026 to Deliver Strong Underlying Growth Driven by Global Lifestyle Adjusted EBITDA Growth of Approximately 10% Assurant, Inc. (NYSE: AIZ): (Unaudited) Q1'26   Q1'25   Change $ in millions, except per share data GAAP net income 274.1   146.6   87% Adjusted EBITDA1 441.5   282.2   56% Adjusted EBITDA, ex. reportable catastrophes2 465.9   439.2   6%             GAAP net income per diluted share 5.41   2.83   91% Adjusted earnings per diluted share3 5.95   3.39   76% Adjusted earnings, ex. reportable catastrophes, per diluted share4 6.33   5.79   9% Note: The metrics included within the company’s outlook and certain other metrics are non-GAAP financial measures. The company believes that it cannot, without unreasonable efforts, forecast certain information needed to reconcile outlook to the GAAP measures, the probable significance of which cannot be determined. More information can be found in the Non-GAAP Financial Measures section. Assurant, Inc. (NYSE: AIZ), a global company that redefines the boundaries of protection – safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’s most successful brands, today announced results for the first quarter ended March 31, 2026. "Our first quarter performance represented Assurant’s best quarter in history driven by record earnings in Global Lifestyle. Our position as a market leader continues to generate attractive cash flows and reinforces our solid, flexible capital position — enabling us to accelerate share repurchases in the first quarter. We continue to scale capabilities, deepen client partnerships, and execute against a robust pipeline of new client opportunities, supported by the durability of our earnings. We are proud of the long-term outperformance we’ve driven and more excited than ever about the future, including expansion into attractive new markets where we see a clear path to market leadership,” said Assurant President and CEO Keith Demmings. “Driven by our strong start to the year, we are increasing our 2026 enterprise outlook. We now expect Adjusted EBITDA and Adjusted earnings per share, both excluding reportable catastrophes, to grow low single digits, or high single digits on an underlying basis. We also now expect to return $300 to $350 million in share repurchases, at the upper end of our 2026 guidance,” Demmings added. First Quarter Consolidated Results (Unaudited) Q1'26   Q1'25   Change $ in millions             GAAP net income 274.1   146.6   87%             Adjusted EBITDA           Global Lifestyle 236.7   197.8   20% Global Housing 236.7   112.4   111% Corporate and Other (31.9)   (28.0)   (14)% Adjusted EBITDA1 441.5   282.2   56% Reportable catastrophes 24.4   157.0     Adjusted EBITDA, ex. reportable catastrophes           Global Lifestyle2 236.7   198.1   19% Global Housing2 261.1   269.1   (3)% Corporate and Other (31.9)   (28.0)   (14)% Adjusted EBITDA, ex. reportable catastrophes2 465.9   439.2   6% Note: Adjusted EBITDA of the Global Lifestyle, Global Housing, and Corporate and Other segments is the segment measure of profitability in our GAAP financial statements and includes reportable catastrophes. Some of the metrics throughout this press release are non-GAAP measures of performance. A full reconciliation of each non-GAAP measure to the most comparable GAAP measure can be found in the Non-GAAP Financial Measures section. First Quarter 2026 Consolidated Results GAAP net income increased 87 percent to $274.1 million compared to first quarter 2025 of $146.6 million, driven by lower reportable catastrophes and higher Global Lifestyle earnings. GAAP net income per diluted share increased 91 percent to $5.41 compared to first quarter 2025 of $2.83. The increase was primarily driven by the factors noted above. Adjusted EBITDA1 increased 56 percent to $441.5 million compared to the prior year period of $282.2 million, primarily due to lower reportable catastrophes. Excluding reportable catastrophes, Adjusted EBITDA2 increased 6 percent, or 5 percent on a constant currency basis5, to $465.9 million, due to growth within Global Lifestyle. Adjusted earnings, excluding reportable catastrophes, per diluted share4, increased 9 percent to $6.33 compared to the prior year period of $5.79. The increase was driven by the factors noted above and the impact of a lower effective tax rate and share repurchases, partially offset by higher depreciation expense. Net earned premiums, fees and other income from the Global Lifestyle and Global Housing segments totaled $3.28 billion compared to first quarter 2025 of $2.96 billion, up 11 percent, driven by growth in both Global Lifestyle and Global Housing. Global Lifestyle $ in millions Q1'26   Q1'25   Change Adjusted EBITDA 236.7   197.8   20% Net earned premiums, fees and other income 2,551.0   2,306.6   11% Adjusted EBITDA increased 20 percent compared to first quarter 2025, driven by double-digit earnings growth across both Connected Living and Global Automotive. Results included $13 million from a real estate joint venture gain, of which $10 million was in Global Automotive. Connected Living results benefitted from subscriber growth in mobile protection programs and trade-in performance. Global Automotive results increased from higher investment income, including the gain noted above, and improved loss experience. Net earned premiums, fees and other income increased 11 percent compared to first quarter 2025, driven primarily by Connected Living growth from higher trade-in volumes and global mobile protection programs, as well as higher contributions from extended service contract programs, including a recently launched U.S. program. Global Housing $ in millions Q1'26   Q1'25   Change Adjusted EBITDA 236.7   112.4   111% Reportable catastrophes 24.4   156.7     Adjusted EBITDA, ex. reportable catastrophes2 261.1   269.1   (3)% Net earned premiums, fees and other income 729.1   656.8   11% Adjusted EBITDA increased 111 percent compared to first quarter 2025, mainly from $132.3 million of lower pre-tax reportable catastrophes. Excluding reportable catastrophes, Adjusted EBITDA2 decreased 3 percent, including $8 million of lower favorable prior year reserve development (PYD)(a). Underlying results, excluding PYD, were consistent with the prior period. The quarter reflected more normalized non-catastrophe loss experience compared to a lower than typical first quarter 2025. This was offset by growth within Homeowners from higher lender-placed policies in-force and increased contributions from specialty products. Higher investment income also supported results.
(a) First quarter 2026 had $18.8 million of favorable non-catastrophe PYD, compared to $26.4 million of favorable non-catastrophe PYD in first quarter 2025. Net earned premiums, fees and other income increased 11 percent compared to first quarter 2025, driven by higher policies in-force and average premiums within lender-placed, and increases across various specialty products and Renters and Other. Corporate and Other $ in millions Q1'26   Q1'25   Change Adjusted EBITDA (31.9)   (28.0)   (14)% Adjusted EBITDA loss increased in first quarter 2026 compared to the prior year period, driven by organic investments to support our Home Warranty business, partially offset by higher investment income from higher assets. Holding Company Liquidity Position Holding company liquidity totaled $836 million as of March 31, 2026, or $611 million above the company’s minimum level of $225 million. Dividends paid by the operating segments to the holding company in first quarter 2026 totaled $138 million. Share repurchases and common stock dividends totaled $169 million in first quarter 2026. During first quarter 2026, Assurant repurchased approximately 556 thousand shares of common stock for $125 million and paid $44 million in common stock dividends. From April 1 through May 1, 2026, the company repurchased approximately 133 thousand shares for $30 million. $620 million remains under the current repurchase authorization. 2026 Company Outlook6 Note: Some of the metrics included within the company’s outlook are non-GAAP financial measures and the company believes that it cannot, without unreasonable efforts, forecast certain information needed to reconcile to the GAAP measures, the probable significance of which cannot be determined. More information can be found in the Non-GAAP Financial Measures section. Based on current macroeconomic conditions, the company now expects the following: $ in millions, except per share data 2025 2026 Outlook6 2026 Outlook ex. PYD(b) Adjusted EBITDA, ex. reportable catastrophes2 $1,734 Low single digits High single digits Adjusted earnings, ex. reportable catastrophes, per diluted share4 $22.81 Low single digits High single digits (b)Excludes the impact of $94 million of lower favorable prior year reserve development (PYD) in Global Housing. This reflects $113 million of favorable PYD in 2025 and $19 million of favorable PYD in first quarter 2026. Adjusted EBITDA, excluding reportable catastrophes6, now expected to increase low single digits. Global Lifestyle Adjusted EBITDA now expected to increase by approximately 10 percent with contributions from Connected Living and Global Automotive. Global Housing Adjusted EBITDA, excluding reportable catastrophes6, now expected to decline only modestly. Corporate and Other Adjusted EBITDA loss to approximate $140 million, reflecting organic investments in our Home Warranty business. Adjusted earnings, excluding reportable catastrophes, per diluted share6, now expected to increase low single digits. The company now expects depreciation expense of approximately $180 million and an effective tax rate of approximately 19 to 21 percent, and continues to expect interest expense of approximately $113 million and amortization of purchased intangible assets of approximately $70 million. Capital deployment priorities to focus on maintaining a strong, flexible financial position, supporting business growth by funding organic investments and M&A, and returning capital to shareholders through common stock dividends and share repurchases, subject to Board approval. Earnings Conference Call The first quarter 2026 earnings conference call and webcast will be held on Wednesday, May 6, 2026 at 8:00 a.m. E.T. The slide presentation used by management during the webcast includes supplemental information and will be available on Assurant’s Investor Relations website prior to the conference call. The live and archived webcast, along with supplemental information, will also be available on Assurant’s Investor Relations website: https://ir.assurant.com/overview/default.aspx About Assurant Assurant, Inc. (NYSE: AIZ) redefines the boundaries of protection – safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world’s most successful brands. As a Fortune 500 company operating in 21 countries, Assurant leads the way in leveraging insights and technology to transform customer connections that build loyalty and drive value. Learn more at assurant.com Safe Harbor Statement Some of the statements in this news release, including our business and financial plans and any statements regarding our anticipated future financial performance, business prospects, growth, operating strategies, valuation and similar matters, such as performance outlook, financial objectives, business drivers, our ability to gain market share, and the strength, diversity, predictability, resiliency and durability of enterprise and segment earnings, cash flows and other results, may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of words such as “outlook,” “objective,” “will,” “may,” “can,” “anticipates,” “expects,” “estimates,” “projects,” “intends,” “plans,” “believes,” “targets,” “forecasts,” “potential,” “approximately,” and the negative version of those words and other words and terms with a similar meaning. Any forward-looking statements contained in this news release or its exhibits are based upon our historical performance and on current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us or any other person that our future plans, estimates or expectations will be achieved. Our actual results might differ materially from those projected in the forward-looking statements. We undertake no obligation to update or review any forward-looking statement, whether as a result of new information, future events or other developments. The following factors could cause our actual results to differ materially from those currently estimated by management, including those projected in the company outlook: the impact of general economic, financial market and political conditions and conditions in the markets in which we operate, including inflation, geopolitical conflict in the Middle East, tariff policies in the United States and abroad, global supply chain impacts and recessionary pressures; the loss of significant clients, distributors or other parties with whom we do business, or if we are unable to renew contracts with them on favorable terms, or if they disintermediate us, or if those parties face financial, reputational or regulatory issues; significant competitive pressures, changes in customer preferences and disruption, including the impact of artificial intelligence; the failure to execute our strategy, including through organic growth and the continuing service of key executives, senior leaders, highly-skilled personnel and a high-performing workforce; the failure to find suitable acquisitions at attractive prices, integrate acquired businesses or divest of non-strategic businesses effectively; our inability to recover should we experience a business continuity event; the failure to manage vendors and other third parties on whom we rely to conduct business and provide services to our clients; risks related to our international operations; declines in the value and availability of mobile devices, and regulatory compliance or other risks in our mobile business; our inability to develop and maintain distribution sources or attract and retain sales representatives and executives with key client relationships; risks associated with joint ventures, franchises and investments in which we share ownership and management with third parties; the impact of catastrophe and non-catastrophe losses, including as a result of climate change and the current inflationary environment; negative publicity relating to our business, practices, industry or clients; the adequacy of reserves established for claims and our inability to accurately predict and price for claims and other costs; a decline in financial strength ratings of our insurance subsidiaries or in our corporate senior debt ratings; fluctuations in exchange rates, including in the current environment; an impairment of goodwill or other intangible assets; the failure to maintain effective internal control over financial reporting; unfavorable conditions in the capital and credit markets; a decrease in the value of our investment portfolio, including due to market, credit and liquidity risks, and changes in interest rates; an impairment in the value of our deferred tax assets; the unavailability or inadequacy of reinsurance coverage and the credit risk of reinsurers, including those to whom we have sold business through reinsurance; the credit risk of some of our agents, third-party administrators and clients; the inability of our subsidiaries to pay sufficient dividends to the holding company and limitations on our ability to declare and pay dividends or repurchase shares; limitations in the analytical models we use to assist in our decision-making; the failure to effectively maintain and modernize our technology systems and infrastructure, or the failure to integrate those of acquired businesses; breaches of our technology systems or those of third parties with whom we do business, or the failure to protect the security of data in such systems, including due to cyberattacks and as a result of working remotely; the costs of complying with, or the failure to comply with, extensive laws and regulations to which we are subject, including those related to privacy, data security, data protection and tax; the impact of litigation and regulatory actions; reductions or deferrals in the insurance premiums we charge; changes in insurance, tax and other regulations; volatility in our common stock price and trading volume; and employee misconduct. For additional information on factors that could affect our actual results, please refer to the factors identified in the reports we file with the U.S. Securities and Exchange Commission, including the risk factors identified in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Non-GAAP Financial Measures Assurant uses the following non-GAAP financial measures to analyze the company’s operating performance. Assurant’s non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP financial measures. Because Assurant’s calculation of these measures may differ from similar measures used by other companies, investors should be careful when comparing Assurant’s non-GAAP financial measures to those of other companies. (1) Adjusted EBITDA: Assurant uses Adjusted EBITDA as an important measure of the company’s operating performance. Assurant defines Adjusted EBITDA as net income, excluding net realized gains (losses) on investments and fair value changes to equity securities, interest expense, benefit (provision) for income taxes, depreciation expense, amortization of purchased intangible assets, as well as other highly variable or unusual items. The company believes this metric provides investors with an important measure of the company’s operating performance because it excludes items that do not represent the ongoing operations of the company, and therefore (i) enhances management’s and investors’ ability to analyze the ongoing operations of its businesses and (ii) facilitates comparisons of its operating performance over multiple periods, including because the amortization expense associated with purchased intangible assets may fluctuate from period to period based on the timing, size, nature and number of acquisitions. Although the company excludes amortization of purchased intangible assets from Adjusted EBITDA, revenue generated from such intangible assets is included within the revenue in determining Adjusted EBITDA. The comparable GAAP measure is net income. See Note 2 below for a full reconciliation.   (2) Adjusted EBITDA, Excluding Reportable Catastrophes: Assurant uses Adjusted EBITDA (defined above), excluding reportable catastrophes (which represents individual catastrophic events that generate losses in excess of $5.0 million, pre-tax, net of reinsurance and client profit sharing adjustments and including reinstatement and other premiums), as another important measure of the company’s operating performance. The company believes this metric provides investors with an important measure of the company’s operating performance for the reasons noted above, and because it excludes reportable catastrophes, which can be volatile. The comparable GAAP measure is net income. (UNAUDITED) 1Q   1Q   12 Months ($ in millions) 2026   2025   2025 GAAP net income $ 274.1     $ 146.6   $ 872.7 Less:           Interest expense   28.3       26.8     109.7 Provision for income taxes   61.5       37.1     214.7 Depreciation expense   43.3       35.1     156.4 Amortization of purchased intangible assets   17.7       18.4     67.4 Adjustments, pre-tax:           Net realized losses on investments and fair value changes to equity securities   21.2       16.0     71.8 Other adjustments(1)   (4.6 )     2.2     43.5 Adjusted EBITDA   441.5       282.2     1,536.2 Reportable catastrophes   24.4       157.0     198.2 Adjusted EBITDA, excluding reportable catastrophes $ 465.9     $ 439.2   $ 1,734.4 (1) Additional details about the components of Other adjustments and other key financial metrics throughout this press release are included in the Financial Supplement located on Assurant’s Investor Relations website: https://ir.assurant.com/overview/default.aspx (UNAUDITED) 1Q 2026   1Q 2025   Global Lifestyle   Global Housing   Global Lifestyle   Global Housing ($ in millions)       Adjusted EBITDA $ 236.7   $ 236.7   $ 197.8   $ 112.4 Reportable catastrophes   —     24.4     0.3     156.7 Adjusted EBITDA, excluding reportable catastrophes $ 236.7   $ 261.1   $ 198.1   $ 269.1 (3) Adjusted Earnings per Diluted Share: Assurant uses Adjusted earnings per diluted share as an important measure of the company’s stockholder value. Assurant defines Adjusted earnings per diluted share as (i) net income, excluding net realized gains (losses) on investments and fair value changes to equity securities, amortization of purchased intangible assets, as well as other highly variable or unusual items, less earnings allocated to participating securities, divided by (ii) the weighted average diluted shares outstanding. The company believes this metric provides investors with an important measure of stockholder value because it excludes items that do not represent the ongoing operations of the company, and therefore (i) enhances management’s and investors’ ability to analyze the ongoing operations of its businesses and (ii) facilitates comparisons of its operating performance over multiple periods, including because the amortization expense associated with purchased intangible assets may fluctuate from period to period based on the timing, size, nature and number of acquisitions. Although the company excludes amortization of purchased intangible assets from Adjusted earnings, revenue generated from such intangible assets is included within the revenue in determining Adjusted earnings. The comparable GAAP measure is net income per diluted share. See Note 4 below for a full reconciliation.     (4) Adjusted Earnings, Excluding Reportable Catastrophes, per Diluted Share: Assurant uses Adjusted earnings, excluding reportable catastrophes, per diluted share (each as defined above) as another important measure of the company's stockholder value. The company believes this metric provides investors with an important measure of stockholder value for the reasons noted above, and because it excludes reportable catastrophes, which can be volatile. The comparable GAAP measure is net income per diluted share. (UNAUDITED) 1Q   1Q   12 Months ($ in millions) 2026   2025   2025 GAAP net income $ 274.1     $ 146.6     $ 872.7   Adjustments, pre-tax:           Net realized losses on investments and fair value changes to equity securities   21.2       16.0       71.8   Amortization of purchased intangible assets   17.7       18.4       67.4   Other adjustments   (4.6 )     2.2       43.5   Benefit for income taxes   (7.3 )     (7.7 )     (36.5 ) Adjusted earnings   301.1       175.5       1,018.9   Reportable catastrophes, pre-tax   24.4       157.0       198.2   Tax impact of reportable catastrophes   (5.2 )     (33.0 )     (41.7 ) Adjusted earnings, excluding reportable catastrophes $ 320.3     $ 299.5     $ 1,175.4               (UNAUDITED) 1Q   1Q   12 Months   2026   2025   2025 GAAP net income per diluted share(1) $ 5.41     $ 2.83     $ 16.93   Adjustments, pre-tax:           Net realized losses on investments and fair value changes to equity securities   0.42       0.31       1.39   Amortization of purchased intangible assets   0.35       0.36       1.31   Other adjustments   (0.09 )     0.04       0.85   Benefit for income taxes   (0.14 )     (0.15 )     (0.71 ) Adjusted earnings, per diluted share   5.95       3.39       19.77   Reportable catastrophes, pre-tax   0.48       3.03       3.85   Tax impact of reportable catastrophes   (0.10 )     (0.63 )     (0.81 ) Adjusted earnings, excluding reportable catastrophes, per diluted share $ 6.33     $ 5.79     $ 22.81   (1) Information on the share counts used in the per share calculations throughout this press release are included in the Financial Supplement located on Assurant’s Investor Relations website: https://ir.assurant.com/overview/default.aspx     (5) Constant Currency: Represents a non-GAAP financial measure. Excludes the impact of changes in foreign currency exchange rates used in the translation of the income statement because they can be volatile. These amounts are calculated by translating the comparable prior period results at the weighted average foreign currency exchange rates used in the current period, and it excludes the impact of foreign exchange transaction gains (losses) associated with the remeasurement of non-functional currencies. The company believes this information allows investors to identify the significance of changes in foreign currency exchange rates in period-to-period comparisons. (UNAUDITED) Constant Currency   1Q 2026 Percentage change in GAAP net income, including FX impact 87.0 % Percentage change in Adjusted EBITDA, including FX impact 56.4 % Percentage change in Adjusted EBITDA, excluding reportable catastrophes:   Including FX impact 6.1 % FX impact 0.9 % Excluding FX impact 5.2 % (6) The company outlook for each of Adjusted earnings, excluding reportable catastrophes, per diluted share and, for Assurant and Global Housing, Adjusted EBITDA, excluding reportable catastrophes, each including and excluding 2025 prior year reserve development and first quarter 2026 development, constitute forward-looking non-GAAP financial measures and the company believes that it cannot, without unreasonable efforts, forecast certain information needed to reconcile such forward-looking non-GAAP financial measures to the most comparable GAAP measure, the probable significance of which cannot be determined. The company is able to quantify a full-year estimate of depreciation expense, interest expense and amortization of purchased intangible assets, each on a pre-tax basis, and the estimated effective tax rate, which are expected to be approximately $180 million, $113 million, $70 million and 19 to 21 percent, respectively. Other GAAP components cannot be reliably quantified due to the combination of variability and volatility of such components and may, depending on the size of the components, have a significant impact on the reconciliation. Assurant, Inc. Consolidated Statement of Operations (unaudited) Three Months Ended March 31, 2026 and 2025     1Q   2026   2025 ($ in millions except number of shares and per share amounts) Revenues       Net earned premiums $ 2,781.9     $ 2,562.3   Fees and other income   499.8       402.9   Net investment income   159.6       124.8   Net realized losses on investments and fair value changes to equity securities   (21.2 )     (16.0 ) Total revenues   3,420.1       3,074.0   Benefits, losses and expenses       Policyholder benefits   769.1       779.7   Underwriting, selling, general and administrative expenses   2,287.1       2,083.8   Interest expense   28.3       26.8   Total benefits, losses and expenses   3,084.5       2,890.3   Income before provision for income taxes   335.6       183.7   Provision for income taxes   61.5       37.1   Net income $ 274.1     $ 146.6                   Net income per share:       Basic $ 5.47     $ 2.86   Diluted $ 5.41     $ 2.83           Common stock dividends per share $ 0.88     $ 0.80                   Share data:       Basic weighted average shares outstanding   49,702,511       50,799,019           Diluted weighted average shares outstanding   50,197,547       51,248,716   Assurant, Inc. Consolidated Condensed Balance Sheets (unaudited) At March 31, 2026 and December 31, 2025     March 31,   December 31,   2026   2025   ($ in millions) Assets       Investments and cash and cash equivalents $ 11,813.6     $ 11,896.1   Reinsurance recoverables   6,542.0       6,471.3   Deferred acquisition costs   10,201.4       10,187.6   Goodwill   2,654.5       2,646.3   Other assets   4,557.0       4,575.9   Assets held for sale   —       512.4   Total assets $ 35,768.5     $ 36,289.6           Liabilities       Policyholder benefits and claims payable $ 2,223.3     $ 2,156.9   Unearned premiums   20,902.7       20,881.4   Debt   2,207.5       2,206.9   Accounts payable and other liabilities   4,565.6       4,673.3   Liabilities held for sale   —       499.5   Total liabilities   29,899.1       30,418.0           Stockholders’ equity       Stockholders’ equity, excluding accumulated other comprehensive loss   6,498.4       6,415.8   Accumulated other comprehensive loss   (629.0 )     (544.2 ) Total stockholders’ equity   5,869.4       5,871.6   Total liabilities and stockholders’ equity $ 35,768.5     $ 36,289.6     View source version on businesswire.com: https://www.businesswire.com/news/home/20260505080817/en/ Media Contact:
Julie Strider
Vice President, Global Communications
julie.strider@assurant.com Investor Relations Contacts:
Rebekah Biondo
Deputy CFO
rebekah.biondo@assurant.com Sean Moshier
Vice President, Investor Relations
sean.moshier@assurant.com Original: Assurant Increases Full Year Outlook on Record First Quarter Results

Assurant to Announce First Quarter 2026 Financial ResultsApril 6, 2026 4:15 PM
Business Wire
News Release on May 5, 2026; Live Audio Webcast on May 6, 2026


Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands, will release first quarter 2026 financial results on Tuesday, May 5, 2026, after the market closes. The news release will be available on Assurant's website at www.assurant.com. In conjunction with the news release, Assurant will host a conference call the following morning, Wednesday, May 6, 2026, at 8:00 a.m. ET. The call will be available to the public via live audio webcast.


Keith Demmings, President and Chief Executive Officer, Keith Meier, Executive Vice President, Chief Financial Officer, and Sean Moshier, Vice President, Investor Relations, will review first quarter 2026 results during the call.


The live audio webcast, investor presentation and supplemental information will be accessible in the Investor Relations section of Assurant's website. An archived replay of the webcast also will be available shortly after the live event.


# # #


About Assurant

Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world’s leading brands to safeguard and service connected devices, homes and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences.


Learn more at assurant.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20260406276788/en/
Media Contact:

Julie Strider

Vice President, Corporate Communications

julie.strider@assurant.com
Investor Relations Contacts:

Rebekah Biondo

Deputy CFO

rebekah.biondo@assurant.com
Sean Moshier

Vice President, Investor Relations

sean.moshier@assurant.com


Original: Assurant to Announce First Quarter 2026 Financial Results

Assurant and hollandsnieuwe Introduce New Mobile Device Protection Offering in the NetherlandsMarch 16, 2026 4:00 AM
Business Wire
Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands, announced a new partnership with hollandsnieuwe, one of the Netherlands’ top online mobile operators, to bring mobile device protection to hollandsnieuwe customers for the very first time.


This collaboration marks an important milestone in Assurant’s continued expansion in the Dutch market, further strengthening its footprint across key mobile operators and reinforcing its commitment to deliver simple, reliable, and customer-centric protection solutions across Europe.


With this partnership, hollandsnieuwe customers can protect their devices through two new insurance options:



Standard Protection: covering accidental damage



Premium Protection: covering accidental damage plus theft & loss



Designed with an online-first customer journey, the new program provides a seamless, digital experience—from enrollment to claims—ensuring convenience and clarity at every step. To further enhance the experience, customers can also opt for a 1-working-day fulfilment service, offering added speed for those who value faster turnaround.


“As hollandsnieuwe introduces device protection for the first time, we are proud to support them with a solution that aligns with their vision for simplicity, transparency, and value,” said Felipe Sanchez, President, Assurant Europe. “This partnership deepens our presence in the Dutch market and reflects our focus on enabling mobile operators to offer high-quality protection experiences to their customers.”


Maarten Van der Linde, Business Lead Acquisition, hollandsnieuwe said, “Launching device protection is an important step for us, and Assurant’s expertise helps us deliver it with confidence. This partnership enables us to offer our customers a straightforward and reliable protection solution that enhances their overall experience with hollandsnieuwe.”


The collaboration supports Assurant’s broader European growth strategy by expanding distribution channels and strengthening its presence in the mobile insurance ecosystem across the region.


About hollandsnieuwe


We believed the mobile phone market could be different. Why pay top prices for every call minute, MB, or SMS? And why never know exactly what your phone bill will be? The time was right for an honest telecom provider that gives you control over your costs. Since 2011, we’ve made telecom simple again— with a practical approach, straightforward products, and clear communication. We offer a super reliable network at a competitive price. You have 100% control over your prepaid bundle and the costs, with no surprises afterward. For people who want to stay well connected everywhere, but don’t need the most expensive phone or unlimited bundle. People who know what matters to them and what doesn’t and only pay for what they really need.


About Assurant


Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world’s leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences.


Learn more at assurantnederland.nl


# # #

View source version on businesswire.com: https://www.businesswire.com/news/home/20260316883190/en/
Media Contacts:
Neeti Dhawan

Director, International Communications

Assurant, Inc.

neeti.dhawan@assurant.com


Original: Assurant and hollandsnieuwe Introduce New Mobile Device Protection Offering in the Netherlands

Assurant Appoints Helen Sachdev as Chair of the UK Board of DirectorsMarch 11, 2026 5:00 AM
Business Wire
Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands, today announced that Helen Sachdev will be appointed Chair of the Assurant UK Board of Directors, effective April 1, 2026, subject to regulatory approval. Ms. Sachdev will also serve as Chair of the Nomination Committee and member of the Audit, Risk and Compliance Committee.


Lee Sturgeon, Managing Director, Assurant UK, said, “We are pleased to welcome Helen to our Board. Her extensive experience in regulated financial services, retail and strong board leadership will be valuable as we continue to strengthen and grow our UK business and uphold high standards of governance.”


Assurant’s UK Board of Directors oversees the company’s regulated UK insurance and services entities, Assurant General Insurance Limited, London General Insurance Company Limited, Lifestyle Services Group Limited, TWG Services Limited, and Assurant Intermediary Limited.


Ms. Sachdev said, “I am honoured to be appointed Chair of Assurant’s UK Board of Directors. I look forward to working with the Board and Management team to support Assurant’s strategy, deepen stakeholder trust, and maintain the high standards of governance and conduct expected in the UK market.”


Ms. Sachdev succeeds Stuart Purdy, who will retire at the conclusion of his term of office from the UK Board of Directors and the Netherlands Supervisory Board, effective March 31, 2026.


Mr. Sturgeon added, “On behalf of the Board, I want to thank Stuart for his leadership and service to Assurant. We are grateful for his many contributions.”


About Helen Sachdev


Ms. Sachdev is a qualified accountant and an experienced independent board chair and non-executive director across regulated financial services and retail sectors. She currently serves as Board Chair and Nomination Committee Chair at Loughborough Building Society and Senior Independent Director and Remuneration Committee Chair at Wilmington plc, with prior senior executive roles at Barclays and Tesco.


About Assurant


Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world’s leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences.


For more information, visit assurant.co.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20260311892745/en/
Media Contact:

Neeti Dhawan

Director, International Communications

neeti.dhawan@assurant.com


Original: Assurant Appoints Helen Sachdev as Chair of the UK Board of Directors

Automotive Training Academy by Assurant Expands Exclusive Offering on Reynolds and Reynolds docuPAD eContracting SystemMarch 4, 2026 8:15 AM
Business Wire
New Atlanta Location Broadens Access for Automotive Professionals


Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes, and automobiles in partnership with the world’s leading brands, today announced the expansion of its exclusive training course featuring the Reynolds and Reynolds docuPAD eContracting system. The program is now offered at the Automotive Training Academy by Assurant in Atlanta, expanding access for automotive professionals beyond its original location in The Woodlands, Texas, where docuPAD has been part of the curriculum since 2024. Designed for F&I managers, the course offers instruction on using the docuPAD system to optimize each interaction and ensure customers make educated decisions when choosing the right protection for their vehicles.


“As interest among industry professionals continues to increase for this training program, we saw a clear opportunity to address this demand and are thrilled to be expanding our interactive course offering to F&I managers in the greater Atlanta region,” said Gary Bosses, Senior Vice President, Assurant Dealer Services. “The docuPAD system is a phenomenal solution and highly regarded across the auto industry for altering the traditional F&I process into an engaging, digital, and compliant experience for dealers and buyers. We look forward to pursuing future growth opportunities to further expand our reach of this course and training.”


Led by the Automotive Training Academy by Assurant, this comprehensive program helps automotive dealership professionals improve key functions through practical training focused on selling strategies, legal and ethical standards, and real-world application of the docuPAD system. For those working in dealerships already using the docuPAD, the course provides immediate, actionable learning, ensuring each graduate is fully equipped to immediately apply the skills and tools they’ve learned.


“Partnerships like this are key to helping dealerships be as successful as possible with industry-defining tools like docuPAD,” said Chris Walsh, acting CEO of Reynolds. “We’re proud to partner with Assurant as an option for dealers looking to have their F&I managers extensively trained on how to use docuPAD for the best outcomes with each customer.”


# # #


About Assurant Global Automotive

Assurant Global Automotive is a leading global solutions provider in the automobile and commercial equipment industries. Automotive industry partners span manufacturers, large group and independent dealers, agents, third-party administrators, financial institutions, insurance providers, and vehicle technology companies. With over 60 years of automotive industry experience, Assurant protects 55 million motor vehicles, including heavy trucks and heavy equipment. In 19 countries Assurant provides innovative automotive solutions like vehicle service contracts, guaranteed asset protection, and ancillary products, while providing dealer performance management and training, participation options, and more. Assurant Global Automotive is also a market leader in protection products for the commercial equipment industry, with more than 35 years of equipment protection expertise. Assurant provides a full suite of protection products and services for equipment dealers and financial institutions supporting commercial equipment. These include extended service protection plans, physical damage protection, guaranteed asset protection, automatic insurance, portfolio protection, insurance tracking services and more.


About Assurant

Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world’s leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences. Learn more at assurant.com.


About Reynolds

Reynolds and Reynolds is the leading provider of automobile dealership software, services, and forms to help dealerships deliver better business results and transform the customer experience. The company is headquartered in Dayton, Ohio, with major U.S. operations in Houston and College Station, Texas, Tampa, Florida, and Celina, Ohio, as well as operations in Canada, the U.K., and Europe. (www.reyrey.com)

View source version on businesswire.com: https://www.businesswire.com/news/home/20260304292680/en/
Media Contact:


For Assurant

David Biss

david.biss@assurant.com


Original: Automotive Training Academy by Assurant Expands Exclusive Offering on Reynolds and Reynolds docuPAD eContracting System

Assurant Earns Feefo’s Platinum Trusted Service Award for 2026 in New ZealandFebruary 18, 2026 3:00 PM
Business Wire
Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands, today announced it has received the Feefo Platinum Trusted Service Award, an exclusive recognition for businesses that consistently deliver world-class customer experiences year after year.


The Platinum Trusted Service Award is given only to companies that have achieved the Gold standard for three or more consecutive years, underscoring Assurant’s sustained commitment to operational excellence and customer trust.


“Receiving the Platinum Trusted Service Award is a true testament to our unwavering commitment to excellence. Consistently maintaining high service ratings over the years reflects the trust and confidence our customers place in us. As we step into 2026, we remain focused on delivering dependable, human-centered service that defines our brand. This achievement is a reflection of our team’s dedication to setting and exceeding the highest standards,” said Hemaka Perera, President, APAC at Assurant.


Feefo established the Trusted Service Awards in 2014 to highlight brands that lead with transparency. Because these awards are based purely on the analysis of verified reviews from real customers, they remain the most authentic reflection of a business’s commitment to service. In a marketplace where reviews can sometimes be manipulated, the Feefo "Verified" status provides you with the confidence that the feedback you see is 100% genuine.


This award celebrates brands like Assurant that go beyond traditional customer satisfaction to build deep-rooted customer advocacy, making excellence a permanent part of their business DNA. To reach this level in 2026, Assurant demonstrated a three-year streak of excellence, consistently earning a Feefo service rating of 4.5 or higher from a minimum of 50 verified reviews annually since 2023.


Tony Wheble, CEO at Feefo, congratulated the winners: “It is a privilege to celebrate companies like Assurant that remain steadfast in their commitment to customer success. This award is a testament to their ability to turn genuine feedback into meaningful action. By consistently exceeding expectations, Assurant New Zealand isn't just winning an award; they are building the long-term trust that defines the most successful brands of the future. We are proud to recognise their dedication to the people they serve.”


About Assurant


Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world’s leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experience.


Learn more at www.assurant.nz.


# # #

View source version on businesswire.com: https://www.businesswire.com/news/home/20260218270603/en/
Media Contacts:

Neeti Dhawan

Director, International Communications

neeti.dhawan@assurant.com


Original: Assurant Earns Feefo’s Platinum Trusted Service Award for 2026 in New Zealand

Assurant Reports Strong Fourth Quarter and Full Year 2025 Financial ResultsFebruary 10, 2026 4:10 PM
Business Wire
Delivered Third Consecutive Year of Double-Digit Earnings and EPS Growth;

2026 to Deliver Underlying Growth Led by High-Single-Digit Expansion in Global Lifestyle


Assurant, Inc. (NYSE: AIZ):




(Unaudited)






Q4'25






 






Q4'24






 






Change






 






12M'25






 






12M'24






 






Change








$ in millions, except per share data








GAAP net income






225.2






 






201.3






 






12%






 






872.7






 






760.2






 






15%








Adjusted EBITDA1






436.5






 






381.4






 






14%






 






1,536.2






 






1,322.4






 






16%








Adjusted EBITDA, ex. reportable catastrophes2






445.9






 






431.5






 






3%






 






1,734.4






 






1,569.4






 






11%








 






 






 






 






 






 






 






 






 






 






 






 








GAAP net income per diluted share






4.41






 






3.87






 






14%






 






16.93






 






14.46






 






17%








Adjusted earnings per diluted share3






5.61






 






4.79






 






17%






 






19.77






 






16.64






 






19%








Adjusted earnings, ex. reportable catastrophes, per diluted share4






5.75






 






5.54






 






4%






 






22.81






 






20.35






 






12%








Note: The metrics included within the company’s outlook and certain other metrics are non-GAAP financial measures. The company believes that it cannot, without unreasonable efforts, forecast certain information needed to reconcile outlook to the GAAP measures, the probable significance of which cannot be determined. More information can be found in the Non-GAAP Financial Measures section.







Assurant, Inc. (NYSE: AIZ), a premier global protection company that safeguards and services connected devices, homes and automobiles in partnership with the world’s leading brands, today announced results for the fourth quarter and the full year ended December 31, 2025.


"Our 2025 performance underscores the position of strength from which Assurant continues to operate, delivering our ninth consecutive year of profitable growth. The strength and resilience of our results reflect the power of our diversified business model and our relentless focus on serving clients and creating value for shareholders. Sustained investments in innovation have transformed our operations and product offerings, supporting our partners, driving efficiencies, and elevating the customer experience. The results are clear: new and expanded partnerships with leading global brands; differentiated, technology-enabled solutions; and continued growth in attractive, expanding markets – including the recent launch of Assurant Home Warranty – all underpinned by strong financial outperformance,” said Assurant President and CEO Keith Demmings.


“As we look to 2026, Assurant is well positioned to build on this momentum. Supported by a strong foundation, we remain intensely focused on further differentiating Assurant as a trusted partner and an attractive long-term investment,” Demmings added.


Fourth Quarter and Full Year 2025 Consolidated Results




(Unaudited)






Q4'25






 






Q4'24






 






Change






 






12M'25






 






12M'24






 






Change








$ in millions








 






 






 






 






 






 






 






 






 






 






 






 








GAAP net income






225.2






 






201.3






 






12%






 






872.7






 






760.2






 






15%








 






 






 






 






 






 






 






 






 






 






 






 








Adjusted EBITDA






 






 






 






 






 






 






 






 






 






 






 








Global Lifestyle






195.3






 






191.7






 






2%






 






801.3






 






773.4






 






4%








Global Housing






275.6






 






225.4






 






22%






 






858.7






 






671.2






 






28%








Corporate and Other






(34.4)






 






(35.7)






 






4%






 






(123.8)






 






(122.2)






 






(1)%








Adjusted EBITDA1






436.5






 






381.4






 






14%






 






1,536.2






 






1,322.4






 






16%








Reportable catastrophes






9.4






 






50.1






 






 






 






198.2






 






247.0






 






 








Adjusted EBITDA, ex. reportable catastrophes






 






 






 






 






 






 






 






 






 






 






 








Global Lifestyle2






195.3






 






191.8






 






2%






 






800.7






 






775.2






 






3%








Global Housing2






285.0






 






275.4






 






3%






 






1,057.5






 






916.4






 






15%








Corporate and Other






(34.4)






 






(35.7)






 






4%






 






(123.8)






 






(122.2)






 






(1)%








Adjusted EBITDA, ex. reportable catastrophes2






445.9






 






431.5






 






3%






 






1,734.4






 






1,569.4






 






11%








Note: Adjusted EBITDA of the Global Lifestyle, Global Housing, and Corporate and Other segments is the segment measure of profitability in our GAAP financial statements and includes reportable catastrophes. Some of the metrics throughout this press release are non-GAAP measures of performance. A full reconciliation of each non-GAAP measure to the most comparable GAAP measure can be found in the Non-GAAP Financial Measures section.







Fourth Quarter 2025 Consolidated Results



GAAP net income increased 12 percent to $225.2 million compared to fourth quarter 2024 of $201.3 million, driven by lower reportable catastrophes and higher segment earnings, primarily in Global Housing. Results were partially offset by higher restructuring costs related to optimizing operational efficiencies.




GAAP net income per diluted share increased 14 percent to $4.41 compared to fourth quarter 2024 of $3.87. The increase was primarily driven by the factors noted above and the impact of share repurchases.




Adjusted EBITDA1 increased 14 percent to $436.5 million compared to the prior year period of $381.4 million, primarily due to lower reportable catastrophes and growth within Global Housing. Excluding reportable catastrophes, Adjusted EBITDA2 increased 3 percent, or similar on a constant currency basis5, to $445.9 million, due to growth within both Global Housing and Global Lifestyle.




Adjusted earnings, excluding reportable catastrophes, per diluted share4, increased 4 percent to $5.75 compared to the prior year period of $5.54. The increase was driven by the factors noted above and the impact of share repurchases, partially offset by higher depreciation expense.




Net earned premiums, fees and other income from the Global Lifestyle and Global Housing segments totaled $3.23 billion compared to third quarter 2024 of $2.99 billion, up 8 percent, driven by growth in Global Lifestyle and Global Housing.



Full Year 2025 Consolidated Results



GAAP net income increased 15 percent to $872.7 million, compared to full year 2024 net income of $760.2 million, primarily due to higher segment earnings in Global Housing, lower reportable catastrophes and growth in Global Lifestyle, partially offset by a higher effective tax rate and restructuring costs.




GAAP net income per diluted share increased 17 percent to $16.93 compared to full year 2024 of $14.46. The increase was primarily driven by the factors noted above and the impact of share repurchases.




Adjusted EBITDA1 increased 16 percent to $1,536.2 million compared to the prior year period of $1,322.4 million, primarily due to higher segment earnings in Global Housing, $48.8 million of lower pre-tax reportable catastrophes and growth in Global Lifestyle. Excluding reportable catastrophes, Adjusted EBITDA2 increased 11 percent, or similar on a constant currency basis5, to $1,734.4 million, from growth in Global Housing and Global Lifestyle.




Adjusted earnings, excluding reportable catastrophes, per diluted share4, increased 12 percent to $22.81 compared to the prior year period of $20.35, primarily from higher Global Housing segment earnings and the impact of share repurchases, partially offset by higher depreciation expense and a higher effective tax rate.




Net earned premiums, fees and other income from the Global Lifestyle and Global Housing segments totaled $12.35 billion compared to $11.42 billion for the prior year period, up 8 percent, driven by growth across all lines of business within Global Lifestyle and Global Housing.



Global Lifestyle




$ in millions






Q4'25






 






Q4'24






 






Change






 






12M'25






 






12M'24






 






Change








Adjusted EBITDA






195.3






 






191.7






 






2%






 






801.3






 






773.4






 






4%








Net earned premiums, fees and other income






2,518.9






 






2,346.5






 






7%






 






9,582.5






 






8,967.3






 






7%








Adjusted EBITDA increased 2 percent compared to fourth quarter 2024, driven by growth in Global Automotive and Connected Living. In Global Automotive, results benefited from improved loss experience. In Connected Living, underlying growth of 7 percent, which excludes a $7 million non-run rate inventory adjustment, was primarily driven by global mobile protection programs and trade-in performance.




Full year 2025 Adjusted EBITDA increased 4 percent compared to 2024. The increase was driven by Connected Living growth from global mobile programs and higher contributions from financial services. In Global Automotive, improved loss experience led to increased profitability.




Net earned premiums, fees and other income increased 7 percent compared to fourth quarter 2024, primarily driven by Connected Living growth from global device protection programs and trade-in volume, as well as higher contributions from extended service contract programs and modest growth in Global Automotive.




Full year 2025 net earned premiums, fees and other income increased 7 percent compared to 2024. The increase was driven by global mobile programs and from a new program in financial services within Connected Living and modest growth in Global Automotive.



Global Housing




$ in millions






Q4'25






 






Q4'24






 






Change






 






12M'25






 






12M'24






 






Change








Adjusted EBITDA






275.6






 






225.4






 






22%






 






858.7






 






671.2






 






28%








Reportable catastrophes






9.4






 






50.0






 






 






 






198.8






 






245.2






 






 








Adjusted EBITDA, ex. reportable catastrophes2






285.0






 






275.4






 






3%






 






1,057.5






 






916.4






 






15%








Net earned premiums, fees and other income






711.4






 






647.4






 






10%






 






2,768.8






 






2,457.0






 






13%








Adjusted EBITDA increased 22 percent compared to fourth quarter 2024 mainly from $40.6 million of lower pre-tax reportable catastrophes. Excluding reportable catastrophes, Adjusted EBITDA2 increased 3 percent, driven by top-line growth within Homeowners from higher lender-placed policies in-force and specialty products. Results were partially offset by unfavorable non-catastrophe loss experience, including $9 million of lower favorable prior-period reserve development(a).



(a) Fourth quarter 2025 had $29.4 million of favorable non-catastrophe prior period reserve development, of which $22.1 million was related to prior years, compared to $38.3 million of favorable non-catastrophe prior period reserve development in fourth quarter 2024. Full year 2025 prior year reserve development was $113.1 million and full year 2024 prior year reserve development was $106.7 million.



Full year 2025 Adjusted EBITDA increased 28 percent compared to 2024, including $46.4 million of lower pre-tax reportable catastrophes. Excluding reportable catastrophes, full year Adjusted EBITDA2 increased 15 percent mainly due to top-line growth in lender-placed and favorable non-catastrophe loss experience.




Net earned premiums, fees and other income increased 10 percent compared to fourth quarter 2024, driven by growth in policies in-force and higher average premiums within lender-placed, as well as growth in various specialty products. Renters and Other also increased, led by contributions from a new book of business previously disclosed.




Full year 2025 net earned premiums, fees and other income increased 13 percent compared to the prior year 2024, primarily due to the factors noted above.



Corporate and Other




$ in millions






Q4'25






 






Q4'24






 






Change






 






12M'25






 






12M'24






 






Change








Adjusted EBITDA






(34.4)






 






(35.7)






 






4%






 






(123.8)






 






(122.2)






 






(1)%








Adjusted EBITDA loss improved in fourth quarter 2025 compared to the prior year period, driven by lower third-party expenses, partially offset by organic investments to support our Home Warranty business.




Full year 2025 Adjusted EBITDA loss increased modestly compared to the prior year 2024, primarily driven by lower investment income.



Holding Company Liquidity Position



Holding company liquidity totaled $887 million as of December 31, 2025, or $662 million above the company’s minimum level of $225 million.



Dividends paid by the operating segments to the holding company in fourth quarter 2025 totaled $438 million. For full year 2025, dividends paid by the operating segments totaled $925 million.



Share repurchases and common stock dividends totaled $138 million in fourth quarter 2025. During fourth quarter 2025, Assurant repurchased approximately 416 thousand shares of common stock for $94 million and paid $44 million in common stock dividends.



For full year 2025, share repurchases and common stock dividends totaled $468 million. Assurant repurchased 1.4 million shares of common stock for $300 million and paid $168 million in common stock dividends.


From January 1 through February 6, 2026, the company repurchased approximately 126 thousand shares for $30 million. $745 million remains under the current repurchase authorizations.


2026 Company Outlook6


Note: Some of the metrics included within the company’s outlook are non-GAAP financial measures and the company believes that it cannot, without unreasonable efforts, forecast certain information needed to reconcile to the GAAP measures, the probable significance of which cannot be determined. More information can be found in the Non-GAAP Financial Measures section.


Based on current macroeconomic conditions, the company expects the following:




$ in millions, except per share data






2025






2026 Outlook6






2026 Outlook6 ex. 2025 PYD(b)








Adjusted EBITDA, ex. reportable catastrophes2






$1,734






Consistent with 2025 Levels






Mid-to-high




single digits








Adjusted earnings, ex. reportable catastrophes, per diluted share4






$22.81






Consistent with 2025 Levels






Mid-to-high




single digits








(b) 2026 outlook is shown relative to 2025 results excluding $113.1 million of favorable prior year development (PYD).








Adjusted EBITDA, excluding reportable catastrophes6, to be consistent with 2025 levels, or to increase mid-to-high single digits, excluding $113 million of favorable prior year development in 2025.


Global Lifestyle Adjusted EBITDA to increase high single digits with contributions from Connected Living and Global Automotive.



Global Housing Adjusted EBITDA, excluding reportable catastrophes6, to decrease, with solid underlying growth when excluding $113 million of prior year reserve development in 2025.



Corporate and Other Adjusted EBITDA loss to approximate $140 million, reflecting organic investments in our Home Warranty business.







Adjusted earnings, excluding reportable catastrophes, per diluted share6, to be consistent with 2025 levels, or increase mid-to-high single digits when excluding $113 million of prior year reserve development in 2025. The company expects depreciation expense of approximately $175 million, interest expense of approximately $113 million, amortization of purchased intangible assets of approximately $70 million and an effective tax rate of approximately 20 to 22 percent.




Capital deployment priorities to focus on maintaining a strong financial position, supporting business growth by funding organic investments and M&A, and returning capital to shareholders through common stock dividends and share repurchases, subject to Board approval.



Earnings Conference Call


The fourth quarter 2025 earnings conference call and webcast will be held on Wednesday, February 11, 2026 at 8:00 a.m. E.T. The slide presentation used by management during the webcast includes supplemental information and will be available on Assurant’s Investor Relations website prior to the conference call. The live and archived webcast, along with supplemental information, will also be available on Assurant’s Investor Relations website:

https://ir.assurant.com/overview/default.aspx


About Assurant


Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world’s leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences.


Learn more at assurant.com


Safe Harbor Statement


Some of the statements in this news release, including our business and financial plans and any statements regarding our anticipated future financial performance, business prospects, growth, operating strategies, valuation and similar matters, such as performance outlook, financial objectives, business drivers, our ability to gain market share, and the strength, diversity, predictability and resiliency of enterprise and segment earnings, cash flows and other results, may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.


You can identify forward-looking statements by the use of words such as “outlook,” “objective,” “will,” “may,” “can,” “anticipates,” “expects,” “estimates,” “projects,” “intends,” “plans,” “believes,” “targets,” “forecasts,” “potential,” “approximately,” and the negative version of those words and other words and terms with a similar meaning. Any forward-looking statements contained in this news release or its exhibits are based upon our historical performance and on current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by us or any other person that our future plans, estimates or expectations will be achieved. Our actual results might differ materially from those projected in the forward-looking statements. We undertake no obligation to update or review any forward-looking statement, whether as a result of new information, future events or other developments. The following factors could cause our actual results to differ materially from those currently estimated by management, including those projected in the company outlook:



i.                    the impact of general economic, financial market and political conditions and conditions in the markets in which we operate, including inflation, tariff policies in the United States and abroad, global supply chain impacts and recessionary pressures;


ii.                   the loss of significant clients, distributors or other parties with whom we do business, or if we are unable to renew contracts with them on favorable terms, or if they disintermediate us, or if those parties face financial, reputational or regulatory issues;


iii.                 significant competitive pressures, changes in customer preferences and disruption;


iv.                 the failure to execute our strategy, including through organic growth and the continuing service of key executives, senior leaders, highly-skilled personnel and a high-performing workforce;


v.                   the failure to find suitable acquisitions at attractive prices, integrate acquired businesses or divest of non-strategic businesses effectively; 


vi.                 our inability to recover should we experience a business continuity event;


vii.               the failure to manage vendors and other third parties on whom we rely to conduct business and provide services to our clients;


viii.             risks related to our international operations;


ix.                 declines in the value and availability of mobile devices, and regulatory compliance or other risks in our mobile business;


x.                  our inability to develop and maintain distribution sources or attract and retain sales representatives and executives with key client relationships;


xi.                 risks associated with joint ventures, franchises and investments in which we share ownership and management with third parties;


xii.              the impact of catastrophe and non-catastrophe losses, including as a result of climate change and the current inflationary environment;


xiii.            negative publicity relating to our business, practices, industry or clients;


xiv.             the adequacy of reserves established for claims and our inability to accurately predict and price for claims and other costs; 


xv.               a decline in financial strength ratings of our insurance subsidiaries or in our corporate senior debt ratings;


xvi.             fluctuations in exchange rates, including in the current environment; 


xvii.           an impairment of goodwill or other intangible assets;


xviii.         the failure to maintain effective internal control over financial reporting;


xix.             unfavorable conditions in the capital and credit markets; 


xx.               a decrease in the value of our investment portfolio, including due to market, credit and liquidity risks, and changes in interest rates;


xxi.             an impairment in the value of our deferred tax assets;


xxii.           the unavailability or inadequacy of reinsurance coverage and the credit risk of reinsurers, including those to whom we have sold business through reinsurance;


xxiii.         the credit risk of some of our agents, third-party administrators and clients;


xxiv.         the inability of our subsidiaries to pay sufficient dividends to the holding company and limitations on our ability to declare and pay dividends or repurchase shares;


xxv.           limitations in the analytical models we use to assist in our decision-making;


xxvi.         the failure to effectively maintain and modernize our technology systems and infrastructure, or the failure to integrate those of acquired businesses;


xxvii.       breaches of our technology systems or those of third parties with whom we do business, or the failure to protect the security of data in such systems, including due to cyberattacks and as a result of working remotely;


xxviii.     the costs of complying with, or the failure to comply with, extensive laws and regulations to which we are subject, including those related to privacy, data security, data protection and tax;


xxix.         the impact of litigation and regulatory actions;


xxx.           reductions or deferrals in the insurance premiums we charge;


xxxi.       changes in insurance, tax and other regulations;


xxxii.       volatility in our common stock price and trading volume; and


xxxiii.     employee misconduct.


For additional information on factors that could affect our actual results, please refer to the factors identified in the reports we file with the U.S. Securities and Exchange Commission, including the risk factors identified in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.


Non-GAAP Financial Measures


Assurant uses the following non-GAAP financial measures to analyze the company’s operating performance. Assurant’s non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP financial measures. Because Assurant’s calculation of these measures may differ from similar measures used by other companies, investors should be careful when comparing Assurant’s non-GAAP financial measures to those of other companies.



Adjusted EBITDA: Assurant uses Adjusted EBITDA as an important measure of the company’s operating performance. Assurant defines Adjusted EBITDA as net income, excluding net realized gains (losses) on investments and fair value changes to equity securities, interest expense, benefit (provision) for income taxes, depreciation expense, amortization of purchased intangible assets, as well as other highly variable or unusual items, including restructuring costs and the loss on a subsidiary held for sale. The company believes this metric provides investors with an important measure of the company’s operating performance because it excludes items that do not represent the ongoing operations of the company, and therefore (i) enhances management’s and investors’ ability to analyze the ongoing operations of its businesses and (ii) facilitates comparisons of its operating performance over multiple periods, including because the amortization expense associated with purchased intangible assets may fluctuate from period to period based on the timing, size, nature and number of acquisitions. Although the company excludes amortization of purchased intangible assets from Adjusted EBITDA, revenue generated from such intangible assets is included within the revenue in determining Adjusted EBITDA. The comparable GAAP measure is net income. See Note 2 below for a full reconciliation.


Adjusted EBITDA, Excluding Reportable Catastrophes: Assurant uses Adjusted EBITDA (defined above), excluding reportable catastrophes (which represents individual catastrophic events that generate losses in excess of $5.0 million, pre-tax, net of reinsurance and client profit sharing adjustments and including reinstatement and other premiums), as another important measure of the company’s operating performance. The company believes this metric provides investors with an important measure of the company’s operating performance for the reasons noted above, and because it excludes reportable catastrophes, which can be volatile. The comparable GAAP measure is net income.





(UNAUDITED)






4Q






 






4Q






 






12 Months






 






12 Months








($ in millions)






2025






 






2024






 






2025






 






2024








GAAP net income






$






225.2






 






 






$






201.3






 






$






872.7






 






$






760.2






 








Less:






 






 






 






 






 






 






 








Interest expense






 






28.3






 






 






 






26.8






 






 






109.7






 






 






107.0






 








Provision for income taxes






 






58.3






 






 






 






48.7






 






 






214.7






 






 






167.1






 








Depreciation expense






 






47.6






 






 






 






39.9






 






 






156.4






 






 






139.4






 








Amortization of purchased intangible assets






 






17.4






 






 






 






17.2






 






 






67.4






 






 






69.1






 








Adjustments, pre-tax:






 






 






 






 






 






 






 








Net realized losses on investments and fair value changes to equity securities






 






20.5






 






 






 






29.1






 






 






71.8






 






 






75.8






 








Restructuring costs






 






28.7






 






 






 






5.2






 






 






27.3






 






 






5.4






 








Loss on subsidiary held for sale






 






10.7






 






 






 






—






 






 






10.7






 






 






—






 








Other adjustments(1)






 






(0.2






)






 






 






13.2






 






 






5.5






 






 






(1.6






)








Adjusted EBITDA






 






436.5






 






 






 






381.4






 






 






1,536.2






 






 






1,322.4






 








Reportable catastrophes






 






9.4






 






 






 






50.1






 






 






198.2






 






 






247.0






 








Adjusted EBITDA, excluding reportable catastrophes






$






445.9






 






 






$






431.5






 






$






1,734.4






 






$






1,569.4






 








(1) Additional details about the components of Other adjustments and other key financial metrics throughout this press release are included in the Financial Supplement located on Assurant’s Investor Relations website: https://ir.assurant.com/overview/default.aspx







 




(UNAUDITED)






4Q 2025






 






4Q 2024








 






Global

Lifestyle






 






Global

Housing






 






Global

Lifestyle






 






Global

Housing








($ in millions)






 






 






 








Adjusted EBITDA






$






195.3






 






 






$






275.6






 






$






191.7






 






$






225.4








Reportable catastrophes






 






—






 






 






 






9.4






 






 






0.1






 






 






50.0








Adjusted EBITDA, excluding reportable catastrophes






$






195.3






 






 






$






285.0






 






$






191.8






 






$






275.4








 






 






 






 






 






 






 






 








(UNAUDITED)






12 Months 2025






 






12 Months 2024








 






Global

Lifestyle






 






Global

Housing






 






Global

Lifestyle






 






Global

Housing








($ in millions)






 






 






 








Adjusted EBITDA






$






801.3






 






 






$






858.7






 






$






773.4






 






$






671.2








Reportable catastrophes






 






(0.6






)






 






 






198.8






 






 






1.8






 






 






245.2








Adjusted EBITDA, excluding reportable catastrophes






$






800.7






 






 






$






1,057.5






 






$






775.2






 






$






916.4








(3) Adjusted Earnings per Diluted Share: Assurant uses Adjusted earnings per diluted share as an important measure of the company’s stockholder value. Assurant defines Adjusted earnings per diluted share as net income, excluding net realized gains (losses) on investments and fair value changes to equity securities, amortization of purchased intangible assets, as well as other highly variable or unusual items (including the items mentioned above), divided by the weighted average diluted shares outstanding. The company believes this metric provides investors with an important measure of stockholder value because it excludes items that do not represent the ongoing operations of the company, and therefore (i) enhances management’s and investors’ ability to analyze the ongoing operations of its businesses and (ii) facilitates comparisons of its operating performance over multiple periods, including because the amortization expense associated with purchased intangible assets may fluctuate from period to period based on the timing, size, nature and number of acquisitions. Although the company excludes amortization of purchased intangible assets from Adjusted earnings, revenue generated from such intangible assets is included within the revenue in determining Adjusted earnings. The comparable GAAP measure is net income per diluted share, defined as net income, divided by the weighted average diluted shares outstanding. See Note 4 below for a full reconciliation.











(4) Adjusted Earnings, Excluding Reportable Catastrophes, per Diluted Share: Assurant uses Adjusted earnings, excluding reportable catastrophes, per diluted share (each as defined above) as another important measure of the company's stockholder value. The company believes this metric provides investors with an important measure of stockholder value for the reasons noted above, and because it excludes reportable catastrophes, which can be volatile. The comparable GAAP measure is net income per diluted share (defined above).







 




(UNAUDITED)






4Q






 






4Q






 






12 Months






 






12 Months








($ in millions)






 






2025






 






 






 






2024






 






 






 






2025






 






 






 






2024






 








GAAP net income






$






225.2






 






 






$






201.3






 






 






$






872.7






 






 






$






760.2






 








Adjustments, pre-tax:






 






 






 






 






 






 






 








Net realized losses on investments and fair value changes to equity securities






 






20.5






 






 






 






29.1






 






 






 






71.8






 






 






 






75.8






 








Amortization of purchased intangible assets






 






17.4






 






 






 






17.2






 






 






 






67.4






 






 






 






69.1






 








Restructuring costs






 






28.7






 






 






 






5.2






 






 






 






27.3






 






 






 






5.4






 








Loss on subsidiary held for sale






 






10.7






 






 






 






—






 






 






 






10.7






 






 






 






—






 








Other adjustments






 






(0.2






)






 






 






13.2






 






 






 






5.5






 






 






 






(1.6






)








Benefit for income taxes






 






(15.8






)






 






 






(16.9






)






 






 






(36.5






)






 






 






(34.2






)








Adjusted earnings






 






286.5






 






 






 






249.1






 






 






 






1,018.9






 






 






 






874.7






 








Reportable catastrophes, pre-tax






 






9.4






 






 






 






50.1






 






 






 






198.2






 






 






 






247.0






 








Tax impact of reportable catastrophes






 






(2.0






)






 






 






(10.5






)






 






 






(41.7






)






 






 






(51.8






)








Adjusted earnings, excluding reportable catastrophes






$






293.9






 






 






$






288.7






 






 






$






1,175.4






 






 






$






1,069.9






 








 






 






 






 






 






 






 






 








(UNAUDITED)






4Q






 






4Q






 






12 Months






 






12 Months








 






 






2025






 






 






 






2024






 






 






 






2025






 






 






 






2024






 








GAAP net income per diluted share(1)






$






4.41






 






 






$






3.87






 






 






$






16.93






 






 






$






14.46






 








Adjustments, pre-tax:






 






 






 






 






 






 






 








Net realized losses on investments and fair value changes to equity securities






 






0.40






 






 






 






0.56






 






 






 






1.39






 






 






 






1.44






 








Amortization of purchased intangible assets






 






0.34






 






 






 






0.33






 






 






 






1.31






 






 






 






1.31






 








Restructuring costs






 






0.56






 






 






 






0.10






 






 






 






0.53






 






 






 






0.10






 








Loss on subsidiary held for sale






 






0.21






 






 






 






—






 






 






 






0.21






 






 






 






—






 








Other adjustments






 






—






 






 






 






0.25






 






 






 






0.11






 






 






 






(0.02






)








Benefit for income taxes






 






(0.31






)






 






 






(0.32






)






 






 






(0.71






)






 






 






(0.65






)








Adjusted earnings, per diluted share






 






5.61






 






 






 






4.79






 






 






 






19.77






 






 






 






16.64






 








Reportable catastrophes, pre-tax






 






0.18






 






 






 






0.96






 






 






 






3.85






 






 






 






4.70






 








Tax impact of reportable catastrophes






 






(0.04






)






 






 






(0.21






)






 






 






(0.81






)






 






 






(0.99






)








Adjusted earnings, excluding reportable catastrophes, per diluted share






$






5.75






 






 






$






5.54






 






 






$






22.81






 






 






$






20.35






 








(1) Information on the share counts used in the per share calculations throughout this press release are included in the Financial Supplement located on Assurant’s Investor Relations website: https://ir.assurant.com/overview/default.aspx











(5) Constant Currency: Represents a non-GAAP financial measure. Excludes the impact of changes in foreign currency exchange rates used in the translation of the income statement because they can be volatile. These amounts are calculated by translating the comparable prior period results at the weighted average foreign currency exchange rates used in the current period, and it excludes the impact of foreign exchange transaction gains (losses) associated with the remeasurement of non-functional currencies. The company believes this information allows investors to identify the significance of changes in foreign currency exchange rates in period-to-period comparisons.







 




(UNAUDITED)






Constant Currency








 






4Q 2025






 






12 Months 2025








Percentage change in GAAP net income, including FX impact






11.9 %






 






14.8 %








Percentage change in Adjusted EBITDA, including FX impact






14.4 %






 






16.2 %








Percentage change in Adjusted EBITDA, excluding reportable catastrophes:






 






 






 








Including FX impact






3.3 %






 






10.5 %








FX impact






0.4 %






 






(0.4) %








Excluding FX impact






2.9 %






 






10.9 %








(6) The company outlook for each of Adjusted earnings, excluding reportable catastrophes, per diluted share and, for Assurant and Global Housing, Adjusted EBITDA, excluding reportable catastrophes, each including and excluding 2025 prior year development, constitute forward-looking non-GAAP financial measures and the company believes that it cannot, without unreasonable efforts, forecast certain information needed to reconcile such forward-looking non-GAAP financial measures to the most comparable GAAP measure, the probable significance of which cannot be determined. The company is able to quantify a full-year estimate of depreciation expense, interest expense and amortization of purchased intangible assets, each on a pre-tax basis, and the estimated effective tax rate, which are expected to be approximately $175 million, $113 million, $70 million and 20 to 22 percent, respectively. Other GAAP components cannot be reliably quantified due to the combination of variability and volatility of such components and may, depending on the size of the components, have a significant impact on the reconciliation.







 


Assurant, Inc.

Consolidated Statement of Operations (unaudited)

Three and Twelve Months Ended December 31, 2025 and 2024




 






4Q






 






12 Months








 






 






2025






 






 






 






2024






 






 






 






2025






 






 






 






2024






 








($ in millions except number of shares and per share amounts)








Revenues






 






 






 






 






 






 






 








Net earned premiums






$






2,705.7






 






 






$






2,557.5






 






 






$






10,482.9






 






 






$






9,795.8






 








Fees and other income






 






524.9






 






 






 






438.6






 






 






 






1,875.9






 






 






 






1,638.6






 








Net investment income






 






140.3






 






 






 






137.8






 






 






 






527.3






 






 






 






518.9






 








Net realized losses on investments and fair value changes to equity securities






 






(20.5






)






 






 






(29.1






)






 






 






(71.8






)






 






 






(75.8






)








Total revenues






 






3,350.4






 






 






 






3,104.8






 






 






 






12,814.3






 






 






 






11,877.5






 








Benefits, losses and expenses






 






 






 






 






 






 






 








Policyholder benefits






 






717.0






 






 






 






670.5






 






 






 






2,927.8






 






 






 






2,766.5






 








Underwriting, selling, general and administrative expenses






 






2,321.6






 






 






 






2,157.5






 






 






 






8,688.1






 






 






 






8,076.7






 








Interest expense






 






28.3






 






 






 






26.8






 






 






 






109.7






 






 






 






107.0






 








Loss on extinguishment of debt






 






—






 






 






 






—






 






 






 






1.3






 






 






 






—






 








Total benefits, losses and expenses






 






3,066.9






 






 






 






2,854.8






 






 






 






11,726.9






 






 






 






10,950.2






 








Income before provision for income taxes






 






283.5






 






 






 






250.0






 






 






 






1,087.4






 






 






 






927.3






 








Provision for income taxes






 






58.3






 






 






 






48.7






 






 






 






214.7






 






 






 






167.1






 








Net income






$






225.2






 






 






$






201.3






 






 






$






872.7






 






 






$






760.2






 








 






 






 






 






 






 






 






 








 






 






 






 






 






 






 






 








Net income per share:






 






 






 






 






 






 






 








Basic






$






4.46






 






 






$






3.89






 






 






$






17.14






 






 






$






14.55






 








Diluted






$






4.41






 






 






$






3.87






 






 






$






16.93






 






 






$






14.46






 








 






 






 






 






 






 






 






 








Common stock dividends per share






$






0.88






 






 






$






0.80






 






 






$






3.28






 






 






$






2.96






 








 






 






 






 






 






 






 






 








 






 






 






 






 






 






 






 








Share data:






 






 






 






 






 






 






 








Basic weighted average shares outstanding






 






50,017,641






 






 






 






51,191,614






 






 






 






50,469,633






 






 






 






51,703,588






 








 






 






 






 






 






 






 






 








Diluted weighted average shares outstanding






 






50,666,230






 






 






 






51,571,207






 






 






 






51,086,649






 






 






 






52,052,961






 







Assurant, Inc.

Consolidated Condensed Balance Sheets (unaudited)

At December 31, 2025 and 2024




 






December 31,






 






December 31,








 






 






2025






 






 






 






2024






 








 






($ in millions)








Assets






 






 






 








Investments and cash and cash equivalents






$






11,896.1






 






 






$






10,352.2






 








Reinsurance recoverables






 






6,471.3






 






 






 






7,579.5






 








Deferred acquisition costs






 






10,187.6






 






 






 






9,992.8






 








Goodwill






 






2,646.3






 






 






 






2,616.0






 








Other assets






 






4,575.9






 






 






 






4,480.1






 








Assets held for sale






 






512.4






 






 






 






—






 








Total assets






$






36,289.6






 






 






$






35,020.6






 








 






 






 






 








Liabilities






 






 






 








Policyholder benefits and claims payable






$






2,156.9






 






 






$






3,450.9






 








Unearned premiums






 






20,881.4






 






 






 






20,211.4






 








Debt






 






2,206.9






 






 






 






2,083.1






 








Accounts payable and other liabilities






 






4,673.3






 






 






 






4,168.5






 








Liabilities held for sale






 






499.5






 






 






 






—






 








Total liabilities






 






30,418.0






 






 






 






29,913.9






 








 






 






 






 








Stockholders’ equity






 






 






 








Equity, excluding accumulated other comprehensive loss






 






6,415.8






 






 






 






5,942.8






 








Accumulated other comprehensive loss






 






(544.2






)






 






 






(836.1






)








Total equity






 






5,871.6






 






 






 






5,106.7






 








Total liabilities and equity






$






36,289.6






 






 






$






35,020.6






 







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260210146531/en/
Media Contact:

Julie Strider

Vice President, Global Communications

julie.strider@assurant.com
Investor Relations Contacts:

Rebekah Biondo

Deputy CFO

rebekah.biondo@assurant.com
Sean Moshier

Vice President, Investor Relations

sean.moshier@assurant.com
Rachel Glascock

Director, Investor Relations

rachel.glascock@assurant.com


Original: Assurant Reports Strong Fourth Quarter and Full Year 2025 Financial Results