Assurant, inc. (AIZP)
Income statement / Quarterly
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

2,083

2,067

2,015

2,032

1,904

1,840

1,853

1,338

1,124

1,165

1,073

1,115

1,050

1,174

1,215

1,202

1,415

1,994

2,058

2,138

2,159

2,142

2,257

2,171

2,060

2,045

1,947

1,916

1,850

1,829

1,838

1,792

1,777

1,817

1,777

1,768

1,762

1,813

1,832

1,849

1,906

1,874

1,875

1,995

Other Income

416

351

295

336

328

331

257

354

364

366

349

326

340

388

347

328

357

382

317

323

279

316

261

259

196

185

151

132

117

124

124

114

111

104

106

99

93

102

93

90

76

82

222

79

Net investment income

156

185

169

154

166

180

151

135

130

118

132

121

120

135

124

119

135

157

148

167

152

158

162

167

168

161

159

163

165

172

169

199

172

171

172

173

171

177

176

175

174

172

174

201

Realized Investment Gains (Losses)

-95

-

-

-

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

15

18

-

-

-5

-11

0

5

8

13

3

-25

10

21

162

11

6

11

6

17

17

6

19

7

-2

20

13

30

8

18

9

12

5

17

5

25

7

21

5

22

-1

-7

Other than Temporary Impairment Losses, Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

6

0

0

0

2

1

0

3

0

0

0

0

3

1

0

0

0

0

0

1

0

4

1

1

7

0

0

0

2

-7

-27

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

0

0

0

-3

0

0

0

0

0

0

0

0

-0

-0

0

0

0

0

-0

-0

-0

0

-0

-0

0

0

-0

-0

3

-

Other-than-temporary impairment losses recognized in earnings

-

-

0

0

-

0

0

0

0

0

0

0

0

6

0

0

0

1

0

0

2

0

0

0

0

3

1

0

0

0

0

0

1

0

4

1

1

7

1

1

0

2

-

-

Amortization of deferred gains on disposal of businesses

4

-2

4

4

7

10

12

15

18

20

23

23

37

85

135

125

47

3

3

3

3

-12

3

3

3

4

4

4

4

4

4

4

4

5

5

5

5

-7

6

6

6

6

6

7

Gain on pension plan curtailment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

29

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

2,565

2,606

2,499

2,545

2,435

2,317

2,270

1,831

1,638

1,676

1,586

1,600

1,551

1,752

1,834

1,797

2,147

2,547

2,534

2,644

2,598

2,622

2,702

2,608

2,448

2,400

2,258

2,237

2,150

2,160

2,145

2,129

2,072

2,111

2,061

2,062

2,036

2,105

2,113

2,140

2,167

2,156

2,273

2,248

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

607

647

705

687

614

756

680

490

414

414

682

416

358

428

435

400

543

1,009

1,254

1,267

1,210

1,123

1,123

1,149

1,008

967

933

916

857

1,031

895

872

856

872

997

986

893

889

913

905

927

941

989

998

Amortization of deferred acquisition costs and value of business acquired

914

859

869

815

777

740

750

463

346

346

332

346

314

344

330

342

334

338

341

353

369

387

386

366

344

368

372

346

382

362

363

334

341

329

340

331

325

257

376

362

405

390

398

425

Underwriting, general and administrative expenses

908

853

764

832

799

750

736

773

719

745

667

646

651

888

833

803

917

1,075

956

969

921

1,007

953

884

843

866

737

742

688

716

661

642

610

645

596

598

588

759

581

604

571

601

589

560

Investment Related Charges, Net of Derivative Gains

1

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment, Change In Fair Value, Before Tax

-

-

121

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

25

25

32

26

26

26

26

26

21

12

12

12

12

13

14

15

14

13

13

13

13

13

13

13

17

20

20

21

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

15

Gain (Loss) on Extinguishment of Debt

-

-

-31

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total benefits, losses and expenses

2,456

2,427

2,523

2,362

2,218

2,274

2,194

1,753

1,502

1,518

1,694

1,421

1,336

1,697

1,613

1,562

1,809

2,437

2,566

2,604

2,515

2,532

2,477

2,414

2,213

2,222

2,064

2,026

1,944

2,126

1,936

1,864

1,823

1,862

1,949

1,932

1,822

2,227

1,887

1,886

1,919

1,947

1,992

1,999

Income before (benefit) provision for income taxes

109

178

-24

183

217

42

75

78

136

158

-107

178

215

54

220

235

337

110

-32

40

83

90

224

193

235

178

193

210

206

34

208

264

249

248

112

130

214

-122

226

253

248

209

281

249

(Benefit) provision for income taxes

-46

50

28

40

48

16

22

11

30

-154

-50

58

71

23

76

66

117

44

-25

7

33

40

84

50

98

69

65

77

88

9

82

95

86

89

38

-34

73

62

85

88

91

64

88

59

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

155

128

-53

142

168

26

53

67

106

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income attributable to non-controlling interests

1

1

1

-1

2

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to stockholders

154

127

-54

144

165

25

53

67

106

312

-57

120

143

31

144

169

220

65

-7

32

50

49

140

143

137

108

128

133

117

24

126

169

163

159

74

165

140

-184

141

164

157

144

193

189

Less: Preferred stock dividends

4

4

4

4

4

4

4

4

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common stockholders

150

122

-59

139

161

20

48

62

106

-

-57

120

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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