Assurant (AIZ) Q4 Earnings Top on Solid Global Housing Results

Assurant, Inc. (AIZ) reported fourth-quarter 2023 net operating income of $4.58 per share, which beat the Zacks Consensus Estimate by 23.4%. The bottom line surged 41.8% year over year.The results reflected solid performance at Global Housing.Total revenues increased 12.4% year over year to$ 3 billion due to higher net earned premiums, fees and other income and net investment income. The top line beat the Zacks Consensus Estimate by 7.9%.Adjusted EBITDA, excluding reportable catastrophes, increased 29% to $ ...