📈 Price History

Ratio Health

— Excellent

— Good

— Average

— Poor

By Category

📊 Sector Averages

About

Assurant, Inc. provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific. It operates through Global Lifestyle and Global Housing segments. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and credit and other insurance products; and vehicle protection, commercial equipment protection, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and other products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.

Key Ratios Snapshot

📈 Growth Pattern

⚡ Latest Quarter —

See full financials →

📊 Quick Scorecard

Loading…

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 4 quarters analysed

Q2 2025

Confident Specific

Management uses phrases like 'very strong second quarter', 'meaningfully increasing full year 2025 growth expectations', and provides specific figures such as 14% adjusted EBITDA growth and 16% EPS growth (both ex-cats) for the first half.

Q3 2025

Confident Specific

Management uses strong, specific language like 'remarkable year', 'very strong third quarter', 'double-digit earnings growth', and 'increasing our 2025 outlook' with precise numbers (13% EBITDA growth, 15% EPS growth year-to-date). They detail exact new partnerships and cite multi-year renewals.

Q4 2025

Confident Specific

Management used language like 'exceptional year', 'ninth consecutive year of profitable growth', 'double-digit growth' and provided specific figures: EBITDA growth 11% ex-CATs, 16% including CATs; EPS growth 12% ex-CATs, 19% including. They gave a detailed 2026 outlook with numeric ranges.

Q1 2026 latest

Confident Specific

Management repeatedly used superlatives like 'strongest performance in history,' 'exceptional start,' and 'record earnings.' Detailed specific growth percentages (6% EBITDA, 9% EPS, 18% Connected Living, 23% Global Auto) and highlighted concrete client wins and operational metrics.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis is stronger after this call. Assurant delivered a record quarter with broad-based growth, particularly in Global Lifestyle, and raised its full-year outlook. The multiple new client wins and expansions in mobile demonstrate the scalability of its embedded platform, while Housing continues to generate solid underlying earnings. The increased share repurchase plan signals confidence in cash generation and valuation. Key items to watch next quarter: sustainability of Connected Living subscriber and trade-in growth, Housing placement rate trends (especially in California/Texas), and margin progression from AI/efficiency initiatives. The company's ability to maintain double-digit earnings growth over several years supports a premium valuation if execution continues.

AI-generated concall tone analysis · Updated 2026-06-08 · Not investment advice

🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED Q1 record: adj EBITDA +6%, adj EPS +9%, Lifestyle earnings +20%

Revenue & Profitability

First quarter adjusted EBITDA grew 6% and adjusted EPS grew 9%, both excluding reportable catastrophes. Global Lifestyle adjusted EBITDA increased 20% ($39 million), with Connected Living up 18% ($22 million) and Global Automotive up 23% ($17 million, including a $10 million real estate gain). Global Housing adjusted EBITDA was $237 million ($261 million excluding $24 million of CATs). Share repurchases totaled $125 million in the quarter, with an additional $30 million through May 1.

Outlook

Management expects continued demand in mobile device protection and reverse logistics, supported by subscriber growth and new program wins. The hard voluntary homeowners market continues to drive lender-placed growth, though placement rates may fluctuate. For 2026, the company now expects low single-digit adjusted EBITDA and EPS growth (excluding CATs and prior year reserve development), with Global Lifestyle growing approximately 10%.

Growth Drivers

Key growth drivers include Connected Living subscriber additions (4 million net adds, now 69 million devices), expansion with existing carriers (e.g., T-Mobile, Verizon prepaid brands, Xfinity Mobile Plus), and reverse logistics processing nearly 7.5 million devices. Global Automotive benefits from loss improvement and higher investment income. Global Housing growth comes from lender-placed policy growth and new client wins, with renters growing double digits through the PMC channel.

Balance Sheet & CapEx

Not discussed explicitly in terms of CapEx guidance. The transcript mentions investments in the Nashville Device Care Center and AI capabilities to enhance training, claims processing, and customer experience, but no specific capital expenditure numbers were provided.

Margins

In Global Housing, general expenses grew only 2% while net earned premiums, fees, and other income grew 11% year-over-year, demonstrating operating leverage. Housing's non-cat loss ratio was approximately 38% in Q1 (excluding prior year development), and the full-year combined ratio is expected in the low to mid-80s (excluding CATs). Global Lifestyle margins benefit from scale and optimizations of recently added programs.

Key Risks

Key risks include catastrophe losses (per event retention $160 million, CAT assumption $185 million for 2026), lower favorable prior year reserve development ($94 million headwind for the full year), and potential placement rate fluctuations in lender-placed housing due to a softening voluntary market. Management also cited quarterly variability from client loan movements.

Generated by AI · Q1 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

🔍

🔎 See cross-company document search → ?

📞 Earnings Call Transcripts (5)

Q2 2026 Q2 2026 2026-08-05

Record Q2 earnings were driven by strong growth in Global Lifestyle and Housing, with adjusted EBITDA up 18% and EPS up 19% year-over-year, both excluding catastrophes. Full-year guidance was raised, with underlying growth expected at 10% and share repurchases at the upper end of the target range.

Q1 2026 Q1 2026 2026-05-06

First quarter delivered record results with double-digit growth in Global Lifestyle and Automotive, strong capital returns, and an increased full-year outlook. Robust performance was driven by new client wins, expanded partnerships, and continued innovation.

Q4 2025 Q4 2025 2026-02-11

Delivered double-digit adjusted EBITDA and EPS growth in 2025, with strong performance in Global Lifestyle and Housing. Entered the home warranty market, increased capital returns, and guided for continued growth in 2026, led by high single-digit expansion in Lifestyle.

Q3 2025 Q3 2025 2025-11-05

Double-digit earnings growth in both Global Housing and Global Lifestyle drove strong Q3 results, with year-to-date Adjusted EBITDA up 13% and adjusted EPS up 15%, both excluding catastrophes. The 2025 outlook was raised, with continued investments in innovation, new partnerships, and capital returns to shareholders.

Q2 2025 Q2 2025 2025-08-06

Q2 2025 saw double-digit growth in adjusted EBITDA and EPS, driven by strong Global Housing and Lifestyle results. Full-year guidance was raised, with robust cash flow supporting increased share repurchases and continued investment in technology and acquisitions.

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯

Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.

📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.