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Assurant AIZ Property and liability 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
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
Life Insurance in Force$7,097.2$4,659.9$0.2$2,437.5
Premiums:

Item 16. Form 10-K Summary

FAQ

What is Assurant's property and liability insurance — benefits, ceded to other companies?
Assurant (AIZ) reported property and liability insurance — benefits, ceded to other companies of $1.32B in Q4 2025.
How has Assurant's property and liability insurance — benefits, ceded to other companies changed year-over-year?
Assurant's property and liability insurance — benefits, ceded to other companies decreased by 15.8% year-over-year, from $1.56B to $1.32B.
What is the long-term trend for Assurant's property and liability insurance — benefits, ceded to other companies?
Over 4 years (2021 to 2025), Assurant's property and liability insurance — benefits, ceded to other companies has grown at a 8.2% compound annual growth rate (CAGR), from $3.84B to $5.26B.
What does property and liability insurance — benefits, ceded to other companies mean?
Represents the portion of policyholder benefits and claims that are recoverable from reinsurers. This reflects the effectiveness of the company's reinsurance program in mitigating large loss events.

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