Assurant, inc. (AIZ)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09Jun'08
Revenues
Net earned premiums

8,199

8,020

7,792

7,630

6,936

6,156

5,482

4,701

4,478

4,404

4,413

4,555

4,642

5,007

5,827

6,670

7,606

8,351

8,498

8,697

8,731

8,632

8,535

8,225

7,969

7,759

7,543

7,434

7,310

7,236

7,225

7,164

7,140

7,125

7,121

7,176

7,258

7,403

7,463

7,506

0

0

0

0

Other Income

1,399

1,311

1,291

1,253

1,271

1,308

1,343

1,434

1,407

1,383

1,405

1,403

1,405

1,422

1,416

1,386

1,381

1,303

1,237

1,181

1,116

1,033

902

792

666

586

526

498

481

475

455

437

422

404

402

389

379

362

342

471

0

0

0

0

Net investment income

664

675

670

653

634

598

536

517

503

493

510

502

500

515

537

561

609

626

627

640

640

656

658

655

652

650

661

671

706

713

712

715

689

689

695

699

701

703

698

697

0

0

0

0

Realized Investment Gains (Losses)

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains (losses) on investments, excluding other-than-temporary impairment losses

-

-

0

0

-

-

-11

3

27

31

0

2

10

169

206

202

192

36

42

53

47

60

50

30

45

38

61

72

69

66

48

45

44

40

53

56

59

59

56

47

0

0

0

0

Other than Temporary Impairment Losses, Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

6

2

4

4

7

4

3

3

0

3

4

4

4

1

0

0

1

2

6

8

8

15

11

11

10

5

-3

0

0

0

0

Portion of net loss recognized in other comprehensive income, before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

-3

-2

-2

-2

1

0

0

0

0

0

0

0

0

0

0

0

-0

-0

-0

-0

-0

-0

0

0

0

4

0

0

0

-

Other-than-temporary impairment losses recognized in earnings

-

-

1

1

-

0

0

0

0

0

7

6

6

6

2

3

3

5

3

2

2

0

3

4

4

4

1

0

0

1

2

6

8

7

14

11

11

11

6

0

0

0

-

-

Amortization of deferred gains on disposal of businesses

10

14

27

35

46

56

66

77

85

103

168

281

383

394

312

179

57

13

-2

-2

-1

-1

15

15

15

16

16

17

17

18

18

19

19

20

7

8

9

10

24

25

0

0

0

0

Gain on pension plan curtailment

-

-

-

-

-

-

-

-

-

-

-

-

-

29

29

29

29

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

10,216

10,086

9,797

9,568

8,854

8,057

7,417

6,733

6,502

6,415

6,490

6,738

6,935

7,531

8,327

9,027

9,874

10,325

10,400

10,568

10,531

10,381

10,159

9,715

9,345

9,047

8,808

8,694

8,585

8,508

8,458

8,375

8,309

8,272

8,266

8,319

8,396

8,527

8,578

8,738

0

0

0

0

Benefits, losses and expenses
Policyholder Benefits and Claims Incurred, Net

2,647

2,654

2,763

2,739

2,542

2,342

2,000

2,001

1,927

1,870

1,885

1,638

1,622

1,808

2,389

3,208

4,075

4,742

4,856

4,726

4,608

4,405

4,248

4,058

3,826

3,675

3,739

3,701

3,656

3,655

3,496

3,598

3,713

3,749

3,766

3,682

3,601

3,635

3,687

3,763

0

0

0

0

Amortization of deferred acquisition costs and value of business acquired

3,459

3,322

3,203

3,084

2,731

2,300

1,906

1,488

1,371

1,340

1,337

1,335

1,331

1,351

1,345

1,356

1,367

1,402

1,451

1,497

1,509

1,485

1,466

1,452

1,432

1,470

1,464

1,455

1,444

1,403

1,370

1,347

1,344

1,327

1,255

1,291

1,321

1,401

1,534

1,556

0

0

0

0

Underwriting, general and administrative expenses

3,358

3,250

3,148

3,120

3,060

2,980

2,975

2,906

2,778

2,710

2,852

3,019

3,176

3,442

3,630

3,753

3,919

3,924

3,855

3,852

3,766

3,688

3,547

3,330

3,188

3,034

2,885

2,809

2,710

2,631

2,560

2,494

2,450

2,428

2,542

2,528

2,534

2,516

2,358

2,365

0

0

0

0

Investment Related Charges, Net of Derivative Gains

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment, Change In Fair Value, Before Tax

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

109

110

111

105

105

100

86

72

58

49

51

52

55

57

57

57

55

55

55

55

55

58

64

71

79

77

72

66

60

60

60

60

60

60

60

60

60

60

60

60

0

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total benefits, losses and expenses

9,770

9,532

9,378

9,049

8,440

7,724

6,968

6,467

6,136

5,970

6,150

6,069

6,209

6,683

7,423

8,376

9,418

10,124

10,219

10,130

9,939

9,637

9,327

8,914

8,526

8,257

8,162

8,033

7,871

7,750

7,487

7,500

7,567

7,566

7,931

7,869

7,823

7,921

7,641

7,746

0

0

0

0

Income before (benefit) provision for income taxes

446

554

418

519

414

333

448

265

365

444

340

669

726

848

904

651

455

201

181

438

592

744

832

801

818

789

645

660

714

757

971

875

741

706

335

449

572

606

937

992

0

0

0

0

(Benefit) provision for income taxes

72

167

134

128

98

80

-90

-163

-115

-75

102

229

237

283

304

202

143

59

55

165

208

273

302

283

310

300

240

258

276

274

353

309

179

167

140

187

310

327

329

332

0

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

374

386

284

390

315

252

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income attributable to non-controlling interests

2

4

4

3

4

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to stockholders

371

382

280

387

310

251

538

428

481

519

238

439

488

565

599

448

311

141

125

272

383

470

529

518

508

488

405

402

438

483

617

565

561

538

194

262

262

278

608

659

0

0

0

0

Less: Preferred stock dividends

18

18

18

18

18

14

9

4

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common stockholders

352

363

261

369

291

236

159

231

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings Per Share [Abstract]
Earnings Per Share, Basic

2.48

2.02

-0.96

2.24

2.57

0.16

0.76

1.09

1.99

5.76

-1.05

2.18

2.56

0.73

2.40

2.72

3.38

0.98

-0.10

0.48

0.72

0.72

1.94

1.98

1.88

1.49

1.70

1.72

1.47

0.40

1.54

1.96

1.84

1.72

0.78

1.69

1.39

-1.61

1.31

1.47

1.35

1.22

1.63

1.61

Earnings Per Share, Diluted

2.43

2.07

-0.96

2.21

2.52

0.17

0.76

1.09

1.96

5.75

-1.05

2.16

2.53

0.72

2.37

2.70

3.34

0.97

-0.10

0.47

0.71

0.71

1.92

1.95

1.86

1.46

1.68

1.70

1.46

0.40

1.52

1.94

1.81

1.69

0.77

1.67

1.38

-1.60

1.30

1.46

1.34

1.22

1.63

1.59

Dividends per share of common stock (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.53

0.53

-

0.50

0.50

0.50

0.50

0.30

0.30

0.27

0.27

0.27

0.27

0.25

0.25

0.25

0.25

0.21

0.21

0.21

0.21

0.18

0.18

0.18

0.18

0.16

0.16

0.16

0.16

0.15

0.15

-

-

Dividends per share of preferred stock (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share Data
Weighted Average Number of Shares Outstanding, Basic

60

61

61

62

62

63

63

57

53

53

54

55

56

57

60

62

65

66

67

68

69

71

72

72

72

73

75

77

79

79

82

86

88

92

95

97

101

106

107

111

116

118

118

118

Plus: Dilutive securities (in shares)

3

-4

0

3

3

-0

0

0

1

0

0

0

0

0

0

0

0

1

0

0

0

1

0

0

1

1

0

0

0

1

0

0

1

1

0

0

0

1

0

0

0

0

0

1

Weighted average common shares used in diluted earnings per common share calculations (in shares)

63

56

61

65

65

62

63

57

54

54

54

55

56

58

60

62

65

68

67

69

70

72

73

73

73

74

76

78

80

81

82

87

90

94

96

98

101

107

108

112

117

118

118

119