Company: AIZ
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001267238-25-000051
Chunk: 14

Company: ASSURANT, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 14
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 timing of the release of new devices, carrier promotional programs and sales prices for used devices, as well as to changes in consumer preferences. Our Homeowners revenue is impacted by changes in the housing market, as well as the voluntary insurance market. In addition, across many of our businesses, we must respond to competitive pressures, including the threat of disruption and competition for talent, which has increased due to labor shortages and wage inflation. See “Item 1A—Risk Factors—Business, Strategic and Operational Risks—Significant competitive pressures, changes in customer preferences and disruption could adversely affect our results of operations”, “—Our mobile business is subject to the risk of declines in the value and availability of mobile devices, and to regulatory compliance and other risks” and “—The success of our business depends on the execution of our strategy, including through the continuing service of key executives, senior leaders, highly-skilled personnel and a high-performing workforce” in our 2024 Annual Report.

34

Critical Accounting Policies and Estimates

Our 2024 Annual Report describes the accounting policies and estimates that are critical to the understanding of our results of operations, financial condition and liquidity. The accounting policies and estimation process described in the 2024 Annual Report were consistently applied to the unaudited interim Consolidated Financial Statements for Third Quarter 2025.

Recent Accounting Pronouncements

For a discussion of recent accounting pronouncements, see Note 3 to the Consolidated Financial Statements included elsewhere in this Report. 

35

Results of Operations

Assurant Consolidated 

The table below presents information regarding our consolidated results of operations for the periods indicated:

 For the Three Months Ended September 30,For the Nine Months Ended September 30, 2025202420252024Revenues:Net earned premiums$2,627.2 $2,417.2 $7,777.2 $7,238.3 Fees and other income484.4 439.1 1,351.0 1,200.0 Net investment income133.5 129.7 387.0 381.1 Net realized losses on investments and fair value changes to equity securities(13.6)(18.3)(51.3)(46.7)Total revenues3,231.5 2,967.7 9,463.9 8,772.7 Benefits, losses and expenses:Policyholder benefits709.6 776.8 2,210.8 2,