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Assurant Inc (AIZ)

AIZ on New York Consolidated

96.15USD
20 Jan 2017
Change (% chg)

$0.50 (+0.52%)
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Latest Key Developments (Source: Significant Developments)

Assurant acquires Green Tree Insurance Agency
Wednesday, 4 Jan 2017 06:30am EST 

Assurant Inc : Assurant acquires Green Tree Insurance Agency, Inc. . Assurant Inc - acquisition will have minimal impact to Assurant's gaap earnings in 2017. . Assurant Inc - deal for $125 million . Deal with a potential earnout of up to $25 million . Assurant Inc - expects deal to generate roughly $25 million of incremental annualized net earned premium and fee income in 2017 . Assurant Inc - Green Tree Insurance Agency will be an indirect, wholly-owned subsidiary of assurant with offices in Rapid city, SD and St. Paul, MN .Assurant Inc - agreed to acquire Green Tree Insurance Agency, Inc from a wholly-owned subsidiary of Walter Investment Management Corp.  Full Article

RPT- Assurant Q2 EPS $2.70
Tuesday, 26 Jul 2016 04:15pm EDT 

Assurant Inc : Q2 net operating income $89 million versus $130.2 million (not "$56.9 million") . Q2 net earned premiums $1.20 billion versus $2.14 billion (not "$958.2 million") . Assurant reports second quarter 2016 financial results . Q2 operating earnings per share $1.42 . Q2 earnings per share $2.70 . Q2 earnings per share view $1.38 -- Thomson Reuters I/B/E/S . Q2 net investment income $119.8 million versus $167.8 million . Qtrly combined ratio for risk-based businesses was 87.3 percent, compared to 82.4 percent in q2 2015 .Overall results expected to improve in second half of year driven by new mobile programs.  Full Article

Assurant buys American Title; transaction to modestly add to 2017 earnings
Wednesday, 6 Jul 2016 04:15pm EDT 

Assurant Inc : Assurant expects transaction to be . Assurant acquires american title, leader in title and valuation .American title was acquired for $45 million in cash.  Full Article

Assurant names Richard Dziadzio Chief Financial Officer
Wednesday, 1 Jun 2016 08:30am EDT 

Assurant Inc : Dziadzio succeeds Christopher J. Pagano, who will move into newly created role of chief risk officer, effective July 18, 2016 . Dziadzio joins assurant from QBE North America where most recently served as cfo .Assurant names richard s. Dziadzio chief financial officer and treasurer.  Full Article

Assurant Inc declares quarterly dividend of $0.50 per common share
Friday, 15 Jan 2016 12:06pm EST 

Assurant Inc:Declared a quarterly dividend of $0.50 per share of common stock.Payable on March 14 to stockholders of record date as on Feb. 29.  Full Article

Assurant Inc completes sale of supplemental and small group self-funded health insurance business lines to National General Holdings Corp
Thursday, 1 Oct 2015 04:30pm EDT 

Assurant Inc:Says Closing of the sale of certain business lines and assets from its health insurance business to National General Holdings Corp effective immediately.Under the terms of the agreement, National General Holdings Corp acquired Assurant Health's supplemental and small group self-funded product lines, a proprietary small group sales channel and certain assets for $14 million in cash.  Full Article

Assurant Inc expands vehicle service capabilities with acquisition of coast to coast dealer services inc
Wednesday, 16 Sep 2015 08:30am EDT 

Assurant Inc:Expands vehicle service capabilities with acquisition of coast to coast dealer services inc.Assurant solutions says coast to coast founder and president bill wereha will remain with the company during the transition.  Full Article

Assurant Inc Increases Q4 common stock dividend by 67 pct to $0.50 per share and authorizes new $750 million share repurchase program
Wednesday, 9 Sep 2015 05:05pm EDT 

Assurant Inc:Board of Directors declared a fourth quarter dividend of $0.50 per share of common stock.Dividend will be payable on Dec. 14 to stockholders of record date as on Nov. 30.Authorized repurchase of up to an additional $750 million of its common stock.  Full Article

Sun Life Financial Inc to acquire U.S. employee benefits business of Assurant Inc
Wednesday, 9 Sep 2015 05:00pm EDT 

Sun Life Financial Inc:To acquire U.S. employee benefits business of Assurant for a net investment of us$975 million.Says acquisition will be financed using a combination of cash and subordinated debt issued by Sun Life Financial Inc.Says acquisition is expected to be immediately accretive, adding $0.08 per share to earnings.Acquisition will be effected through reinsurance agreements, asset transfers and the direct purchase of certain legal entities.Says Excluding deal, integration costs, deal expected to be immediately accretive.  Full Article

Assurant Inc declares quarterly dividend
Wednesday, 8 Jul 2015 03:43pm EDT 

Assurant Inc:Declared quarterly dividend of $0.30 per share of common stock.Dividend will be payable on Sept. 15 to stockholders of record as of the close of business on Aug. 31.  Full Article

BRIEF-Assurant increases quarterly dividend to $0.53 per share

* Assurant increases quarterly dividend by 6% to $0.53 per share