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Assurant AIZ Connected Living — Prior years

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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:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense.

The source filing: Assurant’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001267238-26-000027
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Net claims and benefits payable, at beginning of period1,202.21,244.4
Incurred losses and loss adjustment expenses related to:
Current year801.3841.0
Prior years(32.2)(61.3)
Total incurred losses and loss adjustment expenses769.1779.7
Paid losses and loss adjustment expenses related to:
Current year309.9350.2
Prior years394.3389.7

Cover / Front Matter

FAQ

What is Assurant's connected living — prior years?
Assurant (AIZ) reported connected living — prior years of -$7.7M in Q1 2026.
How has Assurant's connected living — prior years changed year-over-year?
Assurant's connected living — prior years increased by 58.4% year-over-year, from -$18.5M to -$7.7M.
What does connected living — prior years mean?
This metric tracks the cumulative financial impact of insurance claims originating from accident years prior to the current reporting period within the Connected Living segment. It serves as a diagnostic tool for assessing the accuracy of historical actuarial assumptions and the adequacy of long-term loss provisions. Monitoring this helps investors understand the stability of the segment's underwriting performance over time.

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