Assurant (AIZ) Tops Q4 EPS by 31c

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Assurant Reports Fourth Quarter and Full-Year 2018 Financial Results

February 12, 2019 4:15 PM EST

4Q 2018 Net Income of $20.3 million, $0.32 per diluted share
Full-Year 2018 Net Income of $236.8 million, $3.98 per diluted share

4Q 2018 Net Operating Income of $48.9 million, $0.77 per diluted share
Full-Year 2018 Net Operating Income of $345.4 million, $5.80 per diluted share

Key Financial Full-Year 2018 Highlights

- $515.1 million of net operating income, excluding reportable catastrophes1, up 25 percent; $8.65 per diluted share, up 16 percent2

- 5.1 percent GAAP ROE; 11.2 percent operating ROE, excluding AOCI and reportable catastrophes3

- $266 million returned to shareholders in share repurchases and common dividends

- $473 million of... More