Reuters logo
BRIEF-Assurant says preliminary Q3 2016 consolidated net income in range of $127 mln - $157 mln
October 18, 2016 / 9:25 PM / a year ago

BRIEF-Assurant says preliminary Q3 2016 consolidated net income in range of $127 mln - $157 mln

Oct 18 (Reuters) - Assurant Inc

* Assurant Inc - announced preliminary q3 2016 consolidated net income in range of $127 million to $157 million

* Assurant Inc - sees FY 2016 net operating income to decline modestly from 2015

* Assurant Inc - in Q3 2015, there were no reportable catastrophe losses.

* Assurant Inc says preliminary Q3 2016 net operating income in range of $54 million to $66 million compared to $104 million in q3 2015

* Assurant Inc- Q3 2016 results declined year-over-year primarily due to $32 million to $34 million of after-tax reportable catastrophe losses

* Assurant Inc - sees 2016 assurant specialty property’s net earned premiums and net operating income to decrease from 2015 levels

* Assurant-2016 overall results for assurant specialty property to reflect catastrophe losses including claims from hurricane matthew, a q4 catastrophe Source text (bit.ly/2ejl4Cs) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below