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Assurant AIZ Short Duration — 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
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 short duration — benefits, ceded to other companies?
Assurant (AIZ) reported short duration — benefits, ceded to other companies of $1.32B in Q4 2025.
How has Assurant's short duration — benefits, ceded to other companies changed year-over-year?
Assurant's short duration — benefits, ceded to other companies decreased by 15.8% year-over-year, from $1.57B to $1.32B.
What is the long-term trend for Assurant's short duration — benefits, ceded to other companies?
Over 4 years (2021 to 2025), Assurant's short duration — benefits, ceded to other companies has grown at a 8.0% compound annual growth rate (CAGR), from $3.89B to $5.29B.
What does short duration — benefits, ceded to other companies mean?
This metric tracks the portion of claims and benefits that are recovered from reinsurers under existing reinsurance contracts. It represents the financial relief provided by reinsurers when the company incurs losses on its policies. High levels of ceded benefits indicate effective risk transfer and protection against large loss events.

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