Assurant (AIZ) Tops Q3 EPS by 15c

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Go back to Assurant (AIZ) Tops Q3 EPS by 15c

Assurant Reports Third Quarter 2015 Financial Results

October 27, 2015 4:10 PM EDT

3Q 2015 Net Operating Income of $116.8 million, $1.71 per diluted share

3Q 2015 Net Loss of $7.0 million, $(0.10) per diluted share

12.5 percent annualized operating ROE, excluding AOCI , year-to-date1 26.6 percent growth in fee income year-to-date driven by expansion of non-insurance service offerings $520 million in corporate capital at quarter-end with approximately $200 million committed to capitalize Assurant Health runoff operations in 4Q 2015 $1 billion in net proceeds, inclusive of capital releases, expected from the sale of Assurant Employee Benefits after closing in 1Q 2016... More