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Assurant AIZ Life insurance — Benefits, ceded to other companies

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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:ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded.

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
Property and liability insurance18,855.58,926.9405.910,334.53.9%
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

Item 16. Form 10-K Summary

FAQ

What is Assurant's life insurance — benefits, ceded to other companies?
Assurant (AIZ) reported life insurance — benefits, ceded to other companies of $6.05M in Q4 2025.
How has Assurant's life insurance — benefits, ceded to other companies changed year-over-year?
Assurant's life insurance — benefits, ceded to other companies increased by 0.8% year-over-year, from $6M to $6.05M.
What is the long-term trend for Assurant's life insurance — benefits, ceded to other companies?
Over 4 years (2021 to 2025), Assurant's life insurance — benefits, ceded to other companies has grown at a -38.0% compound annual growth rate (CAGR), from $163.6M to $24.2M.
What does life insurance — benefits, ceded to other companies mean?
The portion of policyholder benefits that is recoverable from reinsurers under existing contracts. This reflects the effectiveness of the company's reinsurance program in offsetting large or catastrophic losses. It is a critical component of net loss calculations.

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