Company: AIZ
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001267238-25-000045
Chunk: 19

Company: ASSURANT, INC.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 2
Chunk 19
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 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.

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 Second Quarter 2025.

34

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 June 30,For the Six Months Ended June 30, 2025202420252024Revenues:Net earned premiums$2,587.7 $2,444.6 $5,150.0 $4,821.1 Fees and other income463.7 375.2 866.6 760.9 Net investment income128.7 124.7 253.5 251.4 Net realized losses on investments and fair value changes to equity securities(21.7)(19.6)(37.7)(28.4)Total revenues3,158.4 2,924.9 6,232.4 5,805.0 Benefits, losses and expenses:Policyholder benefits721.5 696.1 1,501.2 1,319.2 Underwriting, selling, general and administrative expenses2,121.2 1,969.2 4,205.0 3,906.5 Interest expense26.7 26.7 53.5 53.5 Total benefits, losses and expenses2,869.4 2,692.0 5,