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Assurant AIZ Short Duration — Policyholder Benefits And Claims Incurred Gross

Discontinued — last reported Q4 '21

Similar metrics at other companies

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RGALife Insurance Product Line — Policyholder Benefits and Claims Incurred, Direct
$146.75M-82.0%
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CINFProperty Liability And Casualty Insurance — Policyholder Benefits And Claims Incurred Gross
$740.25M+3.0%
Globe Life logo
GLOther — Policyholder Benefits and Claims Incurred, Net
$7M-1.1%
Reinsurance Group of America logo
RGALife Insurance Product Line — Policyholder Benefits and Claims Incurred, Assumed
$4.23B+21.0%
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AFGProperty and casualty insurance — Policyholder Benefits and Claims Incurred, Ceded
$584M+13.1%
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AFGPolicyholder Benefits And Claims Incurred Net
$906M-6.1%

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:PolicyholderBenefitsAndClaimsIncurredGross.

The official record: Assurant’s 10-K, filed February 22, 2022, on SEC EDGAR. View the filing →

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Questions, answered.

What is Assurant's short duration — policyholder benefits and claims incurred gross?
Assurant (AIZ) reported short duration — policyholder benefits and claims incurred gross of $1.49B in Q4 2021.
What does short duration — policyholder benefits and claims incurred gross mean?
Total insurance claims and benefits costs before accounting for reinsurance.
How do you interpret short duration — policyholder benefits and claims incurred gross?
High gross claims relative to premiums may indicate poor underwriting results or adverse loss experience.
How does short duration — policyholder benefits and claims incurred gross compare across companies?
Standard metric for assessing gross underwriting performance before risk mitigation strategies.