ATLANTA--(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 a strategic partnership with Evident, the leading provider of AI-powered rental insurance verification solutions. Together, these companies are introducing the commercial equipment rental industry's first end-to-end risk management solution, combining world-class automation. ...

ATLANTA--(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 the launch of HOIVerify® Origination, an industry-defining, API-enabled solution that streamlines and automates insurance verification during the mortgage loan origination process. "Assurant's HOIVerify product suite modernizes the complex mortgage loan process,†said Greg. ...

Market Overview - Wall Street has continued its bull run in 2025, with the S&P 500 recording 20 all-time highs year to date, including five in August alone [1] - Historically, September is the worst-performing month for U.S. equities, with an average decline of 0.7% since 1950, and a more pronounced average decline of 2% over the last 10 years [2] Investment Recommendations - It is advisable to invest in low-beta, high-yielding stocks with a favorable Zacks Rank, including Assurant Inc. (AIZ), Hasbro Inc. (HAS), The Mosaic Co. (MOS), Virtu Financial Inc. (VIRT), and Houlihan Lokey Inc. (HLI), all of which have a Zacks Rank 1 (Strong Buy) [3][10] Assurant Inc. (AIZ) - Assurant is focused on both inorganic and organic growth strategies, expecting adjusted EBITDA to increase modestly in 2025, driven by improved performance in Global Housing and growth in Global Lifestyle [13] - The company has an expected revenue growth rate of 5.7% and an earnings growth rate of 5.8% for the current year, with a Zacks Consensus Estimate for earnings improving by 7.6% over the last 30 days [15] Hasbro Inc. (HAS) - Hasbro is concentrating on high-margin segments such as Wizards, Licensing, and Digital, which are expected to support bottom-line growth [16] - The company anticipates that digital gaming and licensing partnerships will contribute about 25% of corporate revenues by 2027, with an expected revenue growth rate of 6.6% and an earnings growth rate of 21.5% for the current year [19] The Mosaic Co. (MOS) - The Mosaic is expected to benefit from higher demand for fertilizers, with strong grower economics and crop commodity prices driving global fertilizer demand [20] - The company has an expected revenue growth rate of 16.4% and an earnings growth rate of 60.1% for the current year, with a Zacks Consensus Estimate for earnings improving by 13.2% over the last 30 days [22] Virtu Financial Inc. (VIRT) - Virtu Financial's diversified business model supports sustainable long-term growth, with ongoing cost-control initiatives improving adjusted net margins [24] - The company has an expected revenue growth rate of 18.9% and an earnings growth rate of 33.8% for the current year, with a Zacks Consensus Estimate for earnings improving by 17.9% over the last 60 days [25] Houlihan Lokey Inc. (HLI) - Houlihan Lokey is a global investment bank specializing in mergers and acquisitions, capital solutions, and financial advisory services [26] - The company has an expected revenue growth rate of 13.1% and an earnings growth rate of 21.9% for the current year, with a Zacks Consensus Estimate for earnings improving by 6.7% over the last 60 days [27]

Key Takeaways The Financial Services sector gained on Fed rate cut optimism and resilient credit trends in August 2025.Assurant, Synchrony, American Express, Fifth Third and Citizens Financial outperformed peers and the S&P 500.Stronger earnings, upbeat guidance and a rebound in capital markets fueled investor sentiment.U.S. equity markets posted modest yet steady gains in August 2025 as investor optimism surrounding potential interest rate cuts and resilient corporate earnings helped counter persistent inf ...

Key Takeaways Assurant extended its partnership with Holman to strengthen its Global Automotive division.Holman's acquisition of Leith Automotive added 30 new dealerships, where Assurant will provide F&I products.The partnership enhances Assurant's reach in the automotive market, boosting revenues and overall growth.Assurant, Inc. (AIZ) has teamed up with a major U.S. dealership group, Holman. Assurant has been Holman’s performance development partner since 2016. This partnership is intended to boost the Gl ...

Core Viewpoint - Assurant (AIZ) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2] Earnings Estimate Revisions - Analysts are increasingly optimistic about Assurant's earnings prospects, leading to higher estimates that correlate with stock price movements [2] - The current-quarter earnings estimate is $4.05 per share, reflecting a +35.0% change from the previous year [6] - Over the last 30 days, the Zacks Consensus Estimate for Assurant has increased by 7.08%, with four estimates moving higher and no negative revisions [6] - For the full year, Assurant is expected to earn $17.46 per share, representing a +4.9% change from the prior year [7] - There has been a positive trend in estimate revisions for the current year, with four estimates moving up and no negative revisions [7] Zacks Rank - Assurant currently holds a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts in revising earnings estimates upward [8] - The Zacks Rank system has a proven track record, with Zacks 1 Ranked stocks generating an average annual return of +25% since 2008 [3] Stock Performance - Assurant's stock has increased by 13.6% over the past four weeks due to strong estimate revisions [9] - There may still be further upside potential in the stock, suggesting it could be a good addition to investment portfolios [9]

Core Insights - Assurant, Inc. (AIZ) shares have increased by 12.5% over the past year, outperforming the industry growth of 9.2% [1][6] - The company has a market capitalization of $10.72 billion, with an average trading volume of 0.5 million shares over the last three months [1] Valuation and Trading Metrics - Assurant shares are trading at a forward price-to-earnings multiple of 1.97X, which is lower than the industry average of 2.19X, the Finance sector's 4.03X, and the Zacks S&P 500 Composite's 8.37X [2] - The stock closed at $212.50, near its 52-week high of $230.55, and is trading above its 50-day and 200-day simple moving averages of $194.91 and $203.53, indicating strong upward momentum [3] Growth Projections - The Zacks Consensus Estimate for Assurant's 2025 earnings per share indicates a year-over-year increase of 2.2%, with revenues projected at $12.55 billion, reflecting a 5% improvement [7] - Earnings have grown by 16.6% over the past five years, surpassing the industry average of 9.8%, and the company holds a Growth Score of B [8] Analyst Sentiment - Three out of five analysts have raised their estimates for both 2025 and 2026 in the past 30 days, leading to a 3.9% and 1.6% increase in the Zacks Consensus Estimate for those years, respectively [9] Target Price and Upside Potential - The average price target for AIZ is $237.33 per share, suggesting an 11.4% upside from the last closing price [11] Financial Performance - Assurant's return on equity in the trailing 12 months was 16.4%, exceeding the industry average of 14.6%, indicating efficient use of shareholders' funds [13] - The return on invested capital (ROIC) was 10.7%, significantly higher than the industry average of 1.92% [14] Business Strategy and Growth Areas - Assurant is focusing on expanding its capital-light businesses, which account for 52% of segment revenues, and management expects this segment to grow in double digits over the long term [15] - The Connected Living segment is anticipated to drive growth through innovative offerings and improved relationships with mobile carriers and cable operators [16] - Global Housing is expected to see growth from favorable loss experiences and increased policies in-force, with strong adjusted EBITDA growth projected for 2025 [17] Capital Management and Shareholder Returns - Assurant has a solid capital management policy, with an 11% dividend hike approved in November 2024, marking the 20th consecutive year of increases [20] - The company repurchased shares worth $62 million in the first quarter of 2025, with $287 million remaining under the current repurchase authorization [20][22] Conclusion - Assurant's focus on capital-light businesses, strong return on capital, and favorable growth estimates position the company well for long-term benefits [23][24]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-31978 Assurant, Inc. (Exact name of registrant as specified in its charter) (Address, including zip code, and telephone number, including ar ...

Core Insights - Assurant, Inc. (AIZ) reported a strong second-quarter 2025 net operating income of $5.56 per share, exceeding the Zacks Consensus Estimate by 25.5% and reflecting a year-over-year increase of 36.3% [1][11] - Total revenues rose 6.5% year over year to $3.1 billion, slightly surpassing estimates by 0.7% [2][11] - Adjusted EBITDA, excluding reportable catastrophes, increased 12.7% year over year to $415.8 million, also beating estimates [4][11] Revenue Breakdown - Net earned premiums, fees, and other income increased 5.9% year over year to $2.6 billion, driven by growth across both Global Lifestyle and Global Housing segments [2][5] - Global Housing revenues increased 10.2% year over year to $732 million, primarily due to higher net earned premiums and net investment income [5] - Global Lifestyle revenues rose 7.5% year over year to $2.4 billion, driven by higher net earned premiums, fees, and other income [7] Investment Income and Expenses - Net investment income increased 3.2% year over year to $128.7 million, supported by higher yields and assets in fixed maturity securities [3] - Total benefits, losses, and expenses rose 6.5% year over year to $2.9 billion, mainly due to higher policyholders' benefits and administrative expenses [3] Segment Performance - Adjusted EBITDA for Global Housing, excluding catastrophes, increased 18% year over year to $244.2 million, driven by growth in Homeowners [6] - Adjusted EBITDA for Global Lifestyle, excluding catastrophes, was $201.4 million, a 6% year-over-year increase, attributed to growth in Connected Living [8] - Corporate & Other segment reported an adjusted EBITDA loss of $29.8 million, wider than the previous year's loss [9] Financial Position - As of June 30, 2025, liquidity stood at $518 million, significantly above the targeted minimum level of $225 million [12] - Total assets increased 1.4% to nearly $36 billion, while total shareholders' equity rose 7.7% year over year to $5.5 billion [12] Share Repurchase and Dividends - In Q2, Assurant repurchased shares worth $62 million, with an additional $25 million repurchased from July 1 to August 1, 2025 [13] - Total dividends for the quarter amounted to $43 million [13] Guidance for 2025 - Assurant expects adjusted EBITDA, excluding reportable catastrophes, to grow in the mid-to-high single digits [14] - Adjusted earnings per diluted share, excluding reportable catastrophes, is anticipated to grow by 10% [15] - The company plans to return $250 to $300 million in share repurchases, reflecting a strong capital position [16]

Financial Data and Key Metrics Changes - The company reported a strong second quarter with adjusted EBITDA increasing by 13% and adjusted earnings per share (EPS) growing by 17%, both excluding reportable catastrophes [18] - Year-to-date adjusted EBITDA increased by 14% and adjusted EPS rose by 16%, both excluding catastrophes [5][6] - The full year 2025 adjusted EPS growth expectation has been increased to approach 10%, driven by mid to high single-digit growth in adjusted EBITDA [6][26] Business Line Data and Key Metrics Changes - In Global Lifestyle, adjusted EBITDA growth accelerated, with a 6% increase compared to last year, or 7% on a constant currency basis [20] - Connected Living saw adjusted EBITDA increase by 9% or 11% on a constant currency basis, driven by strong subscriber growth [20] - Global Housing adjusted EBITDA was $244 million, an 18% increase excluding catastrophes, benefiting from favorable non-catastrophe loss experience and increased lender-placed policies [22][13] Market Data and Key Metrics Changes - Net written premiums in Global Automotive increased by 8% year-to-date, supported by rate increases and new business wins [11] - The homeowners business in Global Housing benefited from lower claims frequencies and increased lender-placed policies due to pressure in the voluntary insurance market [22][13] - The company added 2.4 million devices protected in Connected Living, bringing the total to 65 million subscribers [9] Company Strategy and Development Direction - The company is focused on leveraging technology and innovation to drive growth, including investments in AI to enhance customer experience and operational efficiency [24][25] - The diversified business model allows the company to perform consistently across various economic environments, differentiating it from the broader property and casualty industry [7] - The company aims to expand offerings and increase attachment rates with existing partners while entering attractive adjacent sectors through new product offerings [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the ninth consecutive year of profitable growth in 2025, supported by strong performance in Global Housing and continued growth in Global Lifestyle [7][26] - The company is monitoring macroeconomic conditions, including tariffs, inflation, and interest rates, which may impact growth [28] - Management highlighted the importance of maintaining balance and flexibility in capital allocation to support new business growth while returning excess capital to shareholders [29] Other Important Information - The company has completed $150 million in share repurchases so far this year and expects total repurchases for the year to be between $250 million to $300 million [19][29] - The company reported a holding company liquidity position of $518 million at quarter-end, providing flexibility for future growth [19] Q&A Session Summary Question: What is the trend for the overall benefit ratio in Global Lifestyle? - Management noted that the benefit ratio is around 23 to 24% and is expected to trend down as rates continue to earn through in Global Auto, with improvements in vehicle service contract loss experience [33][34] Question: What is driving the decline in investment income from other investments? - Management explained that the investment portfolio continues to perform well, with overall book yields up, but noted some lumpiness due to real estate transactions [35][36] Question: Can you quantify any pull forward in consumer activity regarding the number of devices and protected vehicles? - Management indicated that there was some pull forward in Connected Living, particularly in trade-ins, but the majority of growth was driven by device protection [42][44] Question: What opportunities exist for gaining more leverage in the housing segment? - Management highlighted that the expense ratio is running in the high 30s, with opportunities for leverage coming from growth in the lender-placed portfolio and technology investments [47][49] Question: What is the source of prior year development in Global Housing? - Management identified improvements in Florida due to regulatory changes, lower claim frequencies, and lower-than-expected inflation as key drivers [57] Question: What is the impact of tariffs observed so far? - Management reported limited impact from tariffs in the first half of the year and remains proactive in managing inflation and service efficiency [59] Question: How is the new business pipeline for lifestyle compared to previous years? - Management noted strong momentum in the new business pipeline, with a mix of new client wins and expansions in existing relationships, particularly in Connected Living [63][66]