assurant inc (AIZ) Key Developments
Assurant Inc. Declares Quarterly Dividend, Payable on March 9, 2015
Jan 9 15
Assurant Inc. announced that its Board of Directors declared a quarterly dividend of $0.27 per share of common stock. The dividend will be payable on March 9, 2015 to stockholders of record as of the close of business on Feb. 23, 2015.
Assurant Inc. Declares Quarterly Dividend, Payable on December 15, 2014
Nov 14 14
Assurant Inc. announced that its Board of Directors declared a quarterly dividend of $0.27 per share of common stock. The dividend will be payable on Dec. 15, 2014 to stockholders of record as of the close of business on Dec. 1, 2014.
Assurant Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
Oct 29 14
Assurant Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $2,702,488,000 against $2,258,650,000 a year ago. Income before provision for income taxes was $224,751,000 against $193,971,000 a year ago. Net income was $140,297,000 or $1.92 per diluted share against $128,788,000 or $1.68 per diluted share a year ago. Book value per diluted share was $73.48. Net operating income increased slightly to $132.7 million, or $1.82 per diluted share, compared to third quarter 2013 net operating income of $131.1 million, or $1.71 per diluted share. After-tax net realized gains on investments were $11.5 million, compared to after-tax net realized losses of $2.3 million in third quarter 2013. Net investment income increased to $162.0 million, compared to $159.2 million in third quarter 2013.
For the nine months, the company reported total revenues of $7,758,961,000 against $6,647,039,000 a year ago. Income before provision for income taxes was $653,791,000 against $611,162,000 a year ago. Net income was $421,152,000 or $5.74 per diluted share against $380,091,000 or $4.84 per diluted share a year ago. Annualized GAAP return on average equity was 11.0%. Net operating income was $376.0 million against $360.4 million a year ago.
Assurant Seeks Acquisitions
Oct 29 14
Assurant Inc. (NYSE:AIZ) is looking for acquisition opportunities. Assurant stated that the capital to be deployed on strategic acquisitions, common stock dividends and share repurchases, subject to market conditions and legal requirements. Business segment dividends to Corporate to approximate segment net operating income. Dividends subject to the growth of the businesses, rating agency and regulatory capital requirements as well as investment performance.
Assurant Inc. Announces Executive Changes, Effective January 1, 2015
Oct 8 14
On October 8, 2014, Assurant Inc. announced the retirement of John S. Roberts, President and Chief Executive Officer of its Assurant Employee Benefits segment, in January 2015. Adam D. Lamnin, President and Chief Executive Officer of the company's Assurant Health segment, will continue in that office and assume the additional office effective January 1, 2015.