Welcome to our dedicated page for Assurant news (Ticker: AIZ), a resource for investors and traders seeking the latest updates and insights on Assurant stock.
Assurant, Inc. operates as a global protection company that partners with brands to safeguard and service connected devices, homes and automobiles. Company news commonly centers on Global Lifestyle and Global Housing results, including mobile device protection, Connected Living trade-in and upgrade programs, extended service contracts, lender-placed homeowners coverage, flood and manufactured housing insurance, and home warranty offerings.
Recurring updates also cover client partnerships with mobile operators, real estate brands and automotive channels; industry reports on the secondary market for mobile devices; quarterly earnings, outlook commentary, catastrophe impacts and capital actions such as share repurchases. These developments reflect Assurant's mix of fee, insurance, warranty and service programs across consumer-device, housing and vehicle-protection markets.
Assurant (NYSE: AIZ), a global protection company specializing in connected devices, homes, and automobiles, has announced a quarterly dividend of $0.80 per share of common stock. The dividend will be paid on June 30, 2025, to stockholders of record as of June 9, 2025. The company's Board of Directors will determine future dividend declarations based on various factors including earnings, financial condition, capital requirements, future prospects, and regulatory restrictions.
Assurant (NYSE: AIZ), a global protection company specializing in connected devices, homes, and automobiles, has scheduled the release of its first quarter 2025 financial results on Tuesday, May 6, 2025, after market close.
The company will host a conference call on Wednesday, May 7, 2025, at 8:00 a.m. ET, featuring presentations by President and CEO Keith Demmings, CFO Keith Meier, and VP of Investor Relations Sean Moshier. The event will be accessible via live audio webcast in the Investor Relations section of Assurant's website, with an archived replay available afterward.
Assurant (NYSE: AIZ) has launched Vehicle Care Technology Plus, an innovative vehicle service contract that combines vehicle protection with smartphone repair benefits. The comprehensive plan covers high-tech vehicle components, wear-and-tear items, and includes Assurant® Device Care for smartphone repairs at reduced fees.
The service includes coverage for advanced vehicle technology like safety system sensors and infotainment screens, plus wear-and-tear items such as wiper blades and headlight bulbs. Customers can access smartphone repairs at over 900 Assurant Repair Network locations nationwide. The plan features 24/7 roadside assistance, substitute transportation benefits, and a digital platform for contract management.
Assurant (NYSE: AIZ) has been named one of Fortune's Most Innovative Companies 2025 for the third consecutive year. The recognition, presented by Fortune and Statista Inc., evaluated companies based on product innovation, process innovation, and innovation culture through comprehensive surveys of employees, field experts, and patent analysis.
The company's innovation portfolio includes 215 registered patents and 193 pending patent applications across 20 countries, spanning data analytics, mobile device evaluation, and various business processes. Keith Demmings, president and CEO, emphasized their commitment to growth through innovation, while Chief Innovation Officer Manny Becerra highlighted how innovation drives differentiation and competitive advantage.
Assurant Ventures, the venture capital arm of Assurant (NYSE: AIZ), has announced an investment in Automotive Ventures' Mobility Fund II. The fund targets innovative early-stage startups across the mobility ecosystem, including connected vehicles, electric vehicles, and new mobility solutions.
The strategic investment aims to provide Assurant Global Automotive with access to emerging technologies and opportunities to support their automotive dealer clients. Automotive Ventures has made 39 investments across three funds, managing $35 million, and typically invests $250,000 in seed-stage mobility startups globally.
The fund focuses on dealership ecosystem innovations, including dealership performance, digital retailing, and aftermarket services. This partnership will enhance Assurant's ability to identify and evaluate next-generation solutions while leveraging their 60+ years of retail support and dealership performance management experience.
Assurant (NYSE: AIZ) has been recognized as one of the World's Most Ethical Companies® by Ethisphere for the second consecutive year in 2025. The company joins 136 honorees across 19 countries and 44 industries in receiving this prestigious recognition.
CEO Keith Demmings emphasized that operating with ethics and integrity is important to Assurant's success and stakeholder trust. The company's values of common sense and common decency form the foundation of their daily operations.
The recognition demonstrates tangible business benefits, as 2025 World's Most Ethical Companies® Honorees outperformed a comparable global companies index by 7.8 percentage points from January 2020 to January 2025. The assessment process involves analyzing 240+ proof points through Ethisphere's Ethics Quotient framework, evaluating various aspects including ethics compliance, governance, culture, environmental and social impact, and value chain initiatives.
Assurant (NYSE: AIZ) has achieved its fourth consecutive U.S. Great Place to Work® Certification, with nearly 90% of U.S. employees rating it as a great workplace - 32 points above the national average and the company's highest score to date. Assurant has now earned this certification in fifteen countries globally.
Chief People Officer Subhashish Sengupta emphasized the company's focus on employee empowerment, growth, and creating an inclusive workplace culture. According to Great Place to Work research, job seekers are 4.5 times more likely to find a great boss at certified workplaces, and employees at certified companies are 93% more likely to look forward to coming to work.
Assurant (NYSE: AIZ) released its 2024 Mobile Trade-in and Upgrade Industry Trends Report, revealing significant shifts in consumer device upgrade patterns. U.S. consumers received $4.5 billion in trade-in value, a 5% increase from 2023.
The average age of turned-in devices showed notable changes throughout 2024: Android devices decreased from 3.67 years in Q1 to 3.38 years in Q3, while iPhones dropped from 3.78 years in Q2 to 3.63 years in Q4. The iPhone 13 surpassed the iPhone 11 as the most frequently traded device in H2 2024, while the Samsung Galaxy S21 remained the top Android trade-in.
The report suggests AI features are becoming increasingly important in upgrade decisions, with nearly half of U.S. consumers expecting AI support in their next smartphone. Environmental impact was also significant, with trade-in programs helping avoid approximately 1.8M metric tons of carbon emissions and keeping 6M metric tons of devices out of landfills in 2024.
Assurant (NYSE: AIZ) reported strong financial results for Q4 and full-year 2024, marking its second consecutive year of double-digit earnings growth. Full-year GAAP net income increased 18% to $760.2 million, while net income per diluted share rose 21% to $14.46.
The company's Adjusted EBITDA, excluding reportable catastrophes, grew 15% to $1.57 billion, driven by strong performance in Global Housing. Net earned premiums, fees, and other income from Global Lifestyle and Global Housing segments totaled $11.42 billion, up 7% from 2023.
For 2025, Assurant expects modest growth in Adjusted EBITDA and earnings per share, or high-single-digit growth when excluding $107 million of favorable prior year development from 2024. The company maintained strong liquidity with $673 million in holding company liquidity and returned $456 million to shareholders through share repurchases and dividends in 2024.