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Assurant AIZ Accident and health insurance — Policyholder benefits

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GLLife insurance — Policyholder Benefits and Claims Incurred, Net
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Other financials

Income statement

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Revenue$3.5B+9.4%
Net income$298.6M+26.9%
EPS (diluted)$5.95+30.5%

Balance sheet

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Cash & equivalents$1.7B+14.3%
Total debt$73.9M+18.4%
Total equity$6.1B+10.9%
Total assets$36.1B+1.6%

Cash flow

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Operating cash flow$454.4M+71.1%
CapEx$45.2M-24.5%
Free cash flow$409.2M+99.0%

Valuation

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Market cap$14.94B+40.3%
P/E14.1×-0.8×
P/S1.1×+0.2×

Profitability

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Net margin7.9%+2.1pp
FCF margin12.3%+4.4pp

Returns & leverage

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Return on equity18.3%+4.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Assurant in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.

The source filing: Assurant’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 4:19 PM EST
Fiscal year
FY2025
Accession
0001267238-26-000010
Year Ended December 31, 2025Direct Amount / (in millions)Ceded to Other Companies / (in millions)Assumed from Other Companies / (in millions)Net Amount / (in millions)Percentage of Amount Assumed to Net
Total earned premiums$19,392.1$9,317.4$408.2$10,482.93.9%
Benefits:
Life insurance$34.4$24.2$10.2
Accident and health insurance52.942.00.211.11.8%
Property and liability insurance7,925.35,261.4242.62,906.58.3%
Total policyholder benefits$8,012.6$5,327.6$242.8$2,927.88.3%
Year Ended December 31, 2024
Life Insurance in Force$7,097.2$4,659.9$0.2$2,437.5

Item 16. Form 10-K Summary

FAQ

What is Assurant's accident and health insurance — policyholder benefits?
Assurant (AIZ) reported accident and health insurance — policyholder benefits of $2.78M in Q4 2025.
How has Assurant's accident and health insurance — policyholder benefits changed year-over-year?
Assurant's accident and health insurance — policyholder benefits increased by 76.2% year-over-year, from $1.58M to $2.78M.
What is the long-term trend for Assurant's accident and health insurance — policyholder benefits?
Over 4 years (2021 to 2025), Assurant's accident and health insurance — policyholder benefits has grown at a -10.4% compound annual growth rate (CAGR), from $17.2M to $11.1M.
What does accident and health insurance — policyholder benefits mean?
The net cost of claims and benefits incurred by the segment after accounting for both reinsurance recoveries and assumed claims. This is the final claims expense impacting the segment's underwriting margin.

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