Assurant (AIZ) Tops Q2 EPS by 66c

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Assurant Reports Second Quarter 2020 Financial Results

August 4, 2020 4:15 PM EDT

Double-Digit Year-over-Year Earnings Growth Led by Global Housing and Global Lifestyle

Reinstates and Raises Outlook; Expects to Grow 2020 Net Operating Income Per Share, Excluding Catastrophes, by 12 to 16 Percent  

Key Highlights for Second Quarter 2020

Net income of $173.5 million, or $2.81 per share, up 24 percent and 27 percent, respectively Net operating income1 of $169.3 million, or $179.3 million, excluding reportable catastrophes2, up 15 percent and 24 percent, respectively Net operating income per diluted share3 of $2.75, or $2.90, excluding reportable catastrophes4, up 18 percent and 27 percent, respectively $357 million of holding company... More