How do you interpret global preneed — net earned premiums, fees, and other income?

An increase suggests higher market penetration or growth in the preneed insurance portfolio, while a decrease may indicate lower sales or policy renewals.

How does global preneed — net earned premiums, fees, and other income compare across companies?

Comparable to premium revenue metrics in life and annuity segments of other insurance providers.

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

Discontinued — last reported Q4 '20

Similar metrics at other companies

AIGGlobal Personal — Premiums

$1.61B+1.1%

AIGGlobal Personal — Net Premiums Written

$1.54B+16.5%

GLLife insurance — Premiums Earned, Net, Excluding Policy Charges

$837.95M+3.2%

GLOperating Segments — Premiums Earned Net

$850.11M+3.6%

AIGGlobal Personal — Underwriting Income (Loss)

$169M+234%

PFGSegment Retirement And Income Solutions — Premiums Earned Net

$171.9M-78.8%

Other financials

Income statement

See full

Revenue$3.4B+11.3%

Net income$274.1M+87.0%

EPS (diluted)$5.41+91.2%

Balance sheet

See full

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

See full

Operating cash flow$240.3M-38.8%

CapEx$47.7M-10.7%

Free cash flow$192.6M-43.2%

Valuation

See full

Market cap$12.88B+1.6%

P/E12.9×-6.0×

P/S1×-0.1×

Profitability

See full

Net margin7.6%+2.0pp

FCF margin11%-0.7pp

Returns & leverage

See full

Return on equity18%+4.8pp

Debt / equity0×0.0×

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 19, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does global preneed — net earned premiums, fees, and other income mean?: Total revenue earned from preneed insurance premiums and related service fees.
How do you interpret global preneed — net earned premiums, fees, and other income?: An increase suggests higher market penetration or growth in the preneed insurance portfolio, while a decrease may indicate lower sales or policy renewals.
How does global preneed — net earned premiums, fees, and other income compare across companies?: Comparable to premium revenue metrics in life and annuity segments of other insurance providers.