Assurant (AIZ) Tops Q2 EPS by 37c

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Assurant Reports Second Quarter 2018 Financial Results

August 7, 2018 4:16 PM EDT

2Q 2018 Net Income of $62.2 million, $1.09 per diluted share
2Q 2018 Net Operating Income of $121.9 million, $2.13 per diluted share

Key Financial Highlights for Second Quarter 2018:

$120.9 million of net operating income, excluding reportable catastrophes, up 34 percent year-over-year1 $2.11 of net operating income per diluted share, excluding reportable catastrophes, up 29 percent year-over-year2 7.8 percent annualized GAAP ROE for the first half of 2018 11.0 percent annualized operating ROE, excluding AOCI and reportable catastrophes3 for the first half of 2018 Approximately $497 million of corporate... More