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Assurant Inc (AIZ.N)

AIZ.N on New York Stock Exchange

98.31USD
15 Dec 2017
Change (% chg)

$0.52 (+0.53%)
Prev Close
$97.79
Open
$98.44
Day's High
$99.56
Day's Low
$98.10
Volume
353,784
Avg. Vol
126,787
52-wk High
$106.96
52-wk Low
$86.00

Latest Key Developments (Source: Significant Developments)

ASSURANT BOARD OF DIRECTORS APPROVES 6% DIVIDEND INCREASE
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Assurant Inc ::ASSURANT BOARD OF DIRECTORS APPROVES 6% DIVIDEND INCREASE.‍RAISES QUARTERLY DIVIDEND BY $0.03 TO $0.56 PER COMMON SHARE​.  Full Article

Assurant Q3 operating loss per share of $1.40
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Assurant Inc ::Assurant reports third quarter 2017 financial results.Q3 operating loss per share $1.40.Q3 loss per share $1.05.Q3 earnings per share view $-1.72 -- Thomson Reuters I/B/E/S.Sees ‍for FY 2017, operating earnings per diluted share, excluding catastrophe losses to grow double-digits from 2016​.  Full Article

Assurant to acquire the Warranty Group in transaction valued at $2.5 billion
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Assurant Inc :Assurant to acquire the Warranty Group in transaction valued at $2.5 Billion.Assurant Inc - ‍Assurant to acquire Warranty Group in transaction valued at $2.5 billion​.Assurant Inc - deal to be ‍modestly accretive to operating earnings per share in 2018 on a run-rate basis​.Assurant Inc - ‍transaction values Warranty Group at $1.9 billion in equity value​.Assurant Inc - ‍upon deal closing, Assurant Ltd. shares will trade on New York Stock Exchange under ticker symbol AIZ​.Assurant Inc - ‍senior management team of assurant will lead combined organization​.Assurant Inc - co will become a wholly owned subsidiary of Twg Holdings Limited, whose name will be changed to Assurant Ltd​.Assurant Inc - ‍Assurant shareholders will own about 77 percent of combined entity as existing shares of co are converted into shares of Assurant Ltd​.Assurant Inc - ‍existing Assurant Inc shares to be converted into shares of Assurant Ltd on a one-for-one basis​.Assurant-To finance cash consideration,repayment of $591 million of Warranty Group's debt through new debt,preferred securities to be issued after closing​.Assurant Inc - ‍assurant has entered into a commitment letter for a $1.0 billion bridge facility​.Assurant Inc - ‍assurant will also pay approximately $372 million in cash to TPG​.Assurant Inc - ‍by end of 2019, assurant expects to generate $60 million of pre-tax operating synergies from deal.  Full Article

Assurant - Expects $287 mln - $293 mln pre-tax catastrophes losses in Q3 2017​
Wednesday, 11 Oct 2017 

Oct 10 (Reuters) - Assurant Inc :Assurant - ‍expects between $287 million - $293 million pre-tax, or $187 million - $191 million after-tax, of catastrophes losses in Q3 2017​.Assurant Inc says ‍reportable catastrophes losses relate to hurricanes Harvey, Irma and MARIA for Q3 - SEC filing.Assurant Inc - ‍expects about $4 million pre-tax loss related to the earthquake in Mexico​ for Q3 2017.  Full Article

RPT- Assurant Q2 EPS $2.70
Wednesday, 27 Jul 2016 

Assurant Inc : Q2 net operating income $89 million versus $130.2 million (not "$56.9 million") . Q2 net earned premiums $1.20 billion versus $2.14 billion (not "$958.2 million") . Assurant reports second quarter 2016 financial results . Q2 operating earnings per share $1.42 . Q2 earnings per share $2.70 . Q2 earnings per share view $1.38 -- Thomson Reuters I/B/E/S . Q2 net investment income $119.8 million versus $167.8 million . Qtrly combined ratio for risk-based businesses was 87.3 percent, compared to 82.4 percent in q2 2015 .Overall results expected to improve in second half of year driven by new mobile programs.  Full Article

Assurant buys American Title; transaction to modestly add to 2017 earnings
Thursday, 7 Jul 2016 

Assurant Inc : Assurant expects transaction to be . Assurant acquires american title, leader in title and valuation .American title was acquired for $45 million in cash.  Full Article

Assurant names Richard Dziadzio Chief Financial Officer
Wednesday, 1 Jun 2016 

Assurant Inc : Dziadzio succeeds Christopher J. Pagano, who will move into newly created role of chief risk officer, effective July 18, 2016 . Dziadzio joins assurant from QBE North America where most recently served as cfo .Assurant names richard s. Dziadzio chief financial officer and treasurer.  Full Article

Assurant Inc declares quarterly dividend of $0.50 per common share
Friday, 15 Jan 2016 

Assurant Inc:Declared a quarterly dividend of $0.50 per share of common stock.Payable on March 14 to stockholders of record date as on Feb. 29.  Full Article

BRIEF-ASSURANT BOARD OF DIRECTORS APPROVES 6% DIVIDEND INCREASE

* ‍RAISES QUARTERLY DIVIDEND BY $0.03 TO $0.56 PER COMMON SHARE​ Source text for Eikon: Further company coverage: