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Assurant AIZ Global Automotive — Net Earned Premiums, Fees, and Other Income

Discontinued — last reported Q4 '23

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$942M+2.5%
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$9.55B+2.1%
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$3.11M-56.7%
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ACGLCommercial automobile — Net premiums earned
$145.25M+26.6%
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GPCAutomotive — Revenue
$2.65B+23.3%

Other financials

Income statement

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Revenue$3.4B+11.3%
Net income$274.1M+87.0%
EPS (diluted)$5.41+91.2%

Balance sheet

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Cash & equivalents$1.6B-4.7%
Total debt$73.9M+18.4%
Total equity$5.9B+12.1%
Total assets$35.8B+2.2%

Cash flow

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Operating cash flow$240.3M-38.8%
CapEx$47.7M-10.7%
Free cash flow$192.6M-43.2%

Valuation

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Market cap$12.88B+1.6%
P/E12.9×-6.0×
P/S-0.1×

Profitability

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Net margin7.6%+2.0pp
FCF margin11%-0.7pp

Returns & leverage

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Return on equity18%+4.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Assurant in its filing.

Tagged under the XBRL concept aiz:NetEarnedPremiumsFeesandOtherIncome.

The official record: Assurant’s 10-K, filed February 15, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Assurant's global automotive — net earned premiums, fees, and other income?
Assurant (AIZ) reported global automotive — net earned premiums, fees, and other income of $1.05B in Q4 2023.
How has Assurant's global automotive — net earned premiums, fees, and other income changed year-over-year?
Assurant's global automotive — net earned premiums, fees, and other income increased by 10.0% year-over-year, from $950.63M to $1.05B.
What is the long-term trend for Assurant's global automotive — net earned premiums, fees, and other income?
Over 2 years (2021 to 2023), Assurant's global automotive — net earned premiums, fees, and other income has grown at a 9.3% compound annual growth rate (CAGR), from $3.5B to $4.18B.
What does global automotive — net earned premiums, fees, and other income mean?
The total revenue earned from automotive insurance premiums and related service fees.
How do you interpret global automotive — net earned premiums, fees, and other income?
Growth indicates successful market penetration, increased vehicle protection sales, or effective partnership expansion within the automotive sector.
How does global automotive — net earned premiums, fees, and other income compare across companies?
Standard revenue metric for insurance segments, comparable to 'Net Premiums Earned' or 'Service Contract Revenue' at peer automotive warranty and insurance firms.