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Assurant AIZ Short Duration — Incurred But Not Reported Reserves

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Other financials

Income statement

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Revenue$3.4B+11.3%
Net income$274.1M+87.0%
EPS (diluted)$5.41+91.2%

Balance sheet

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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

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Operating cash flow$240.3M-38.8%
CapEx$47.7M-10.7%
Free cash flow$192.6M-43.2%

Valuation

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Market cap$12.88B+1.6%
P/E12.9×-6.0×
P/S-0.1×

Profitability

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Net margin7.6%+2.0pp
FCF margin11%-0.7pp

Returns & leverage

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Return on equity18%+4.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Assurant in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredButNotReportedIBNRClaimsAmount.

The official record: Assurant’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Assurant's short duration — incurred but not reported reserves?
Assurant (AIZ) reported short duration — incurred but not reported reserves of $1.57B in Q4 2025.
How has Assurant's short duration — incurred but not reported reserves changed year-over-year?
Assurant's short duration — incurred but not reported reserves decreased by 3.8% year-over-year, from $1.63B to $1.57B.
What does short duration — incurred but not reported reserves mean?
Estimated costs for claims that have happened but haven't been reported yet.
How do you interpret short duration — incurred but not reported reserves?
Significant increases may suggest rising loss trends or underestimation of future liabilities, requiring actuarial adjustments.
How does short duration — incurred but not reported reserves compare across companies?
Commonly referred to as IBNR, this is a standard actuarial reserve metric across all insurance sectors.