Form 10-Q · Quarterly report

Assurant 10-Q, filed Aug 6, 2026

Filed
CIK
0001267238
Accession no.
0001267238-26-000041
AI-generated summary

Summary

Assurant reported second-quarter 2026 consolidated net income of $298.6 million, up 27% from $235.3 million a year earlier, driven by higher Global Lifestyle and Global Housing earnings and lower reportable catastrophes, partially offset by a higher effective tax rate and higher Corporate and Other expenses. Six-month net income rose 50% to $572.7 million.

Key points

  • Global Lifestyle Adjusted EBITDA rose 21% to $244.4 million, driven by Connected Living growth of 29% and improved Global Automotive results from global partnerships.
  • Global Housing Adjusted EBITDA rose 28% to $274.8 million and included $17.6 million of lower pre-tax reportable catastrophes; excluding catastrophes it rose 18% on favorable non-catastrophe loss experience.
  • Corporate and Other Adjusted EBITDA declined to $(40.0) million from $(29.8) million on higher employee-related expenses and investments in the home warranty business.
  • Global Lifestyle net earned premiums, fees and other income rose 9% to $2.57 billion on global supply chain volumes, device protection and financial services programs.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

Item 2. Management’s Discussion Executive Summary Summary of Financial Results Consolidated net income increased $63.3 million, or 27%, to $298.6 million for Second Quarter 2026 from $235.3 million for Second Quarter 2025, primarily driven by higher Global Lifestyle and Global Housing earnings, and lower reportable catastrophes, partially offset by the impact of a higher effective tax rate and higher Corporate and Other expenses. Global Lifestyle Adjusted EBITDA increased $43.0 million, or 21%, to $244.4 million for Second Quarter 2026 from $201.4 million for Second Quarter 2025, driven by earnings growth across Connected Living and Global Automotive. …

An excerpt of the text as filed with the SEC, cut for length.

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