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Assurant AIZ Long Duration — Ceded Premiums Earned

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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:CededPremiumsEarned.

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
Line itemYears Ended December 31, 2025 / Long DurationYears Ended December 31, 2025 / Short DurationYears Ended December 31, 2025 / TotalYears Ended December 31, 2024 / Long DurationYears Ended December 31, 2024 / Short DurationYears Ended December 31, 2024 / TotalYears Ended December 31, 2023 / Long DurationYears Ended December 31, 2023 / Short DurationYears Ended December 31, 2023 / Total
Direct earned premiums$12.4$19,379.7$19,392.1$13.4$18,820.1$18,833.5$14.4$18,308.4$18,322.8
Premiums assumed408.2408.2178.6178.6186.4186.4
Premiums ceded(7.6)(9,309.8)(9,317.4)(8.0)(9,208.3)(9,216.3)(7.9)(9,113.3)(9,121.2)
Net earned premiums$4.8$10,478.1$10,482.9$5.4$9,790.4$9,795.8$6.5$9,381.5$9,388.0
Direct policyholder benefits$37.2$7,975.4$8,012.6$33.7$8,777.1$8,810.8$36.5$7,568.2$7,604.7
Policyholder benefits assumed242.8242.80.1276.9277.0241.9241.9
Policyholder benefits ceded(33.7)(5,293.9)(5,327.6)(30.3)(6,291.0)(6,321.3)(31.8)(5,293.0)(5,324.8)
Net policyholder benefits$3.5$2,924.3$2,927.8$3.5$2,763.0$2,766.5$4.7$2,517.1$2,521.8

Item 16. Form 10-K Summary

FAQ

What is Assurant's long duration — ceded premiums earned?
Assurant (AIZ) reported long duration — ceded premiums earned of $1.9M in Q4 2025.
How has Assurant's long duration — ceded premiums earned changed year-over-year?
Assurant's long duration — ceded premiums earned decreased by 5.0% year-over-year, from $2M to $1.9M.
What is the long-term trend for Assurant's long duration — ceded premiums earned?
Over 4 years (2021 to 2025), Assurant's long duration — ceded premiums earned has grown at a -45.9% compound annual growth rate (CAGR), from $88.5M to $7.6M.
What does long duration — ceded premiums earned mean?
The portion of premiums earned that is transferred to reinsurers in exchange for risk protection. This metric highlights the company's strategy for managing risk exposure and capital requirements for long-duration products.

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