Company: AIZ
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001267238-25-000008
Chunk: 124

Company: ASSURANT, INC.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 124
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 for the periods indicated:

 For the Years Ended December 31, 202420232022Income taxes paid$(38.9)$235.4 $127.7 Interest paid on debt107.4 107.4 108.6 Common stock dividends155.9 152.3 150.2 Total$224.4 $495.1 $386.5 

Contractual Obligations and Commitments 

We have contractual obligations and commitments to third parties as a result of our operations, as detailed in the table below by maturity date as of December 31, 2024: 

 As of December 31, 2024 TotalLess than 1Year1-3Years3-5YearsMore than 5YearsContractual obligations:Insurance liabilities (1)$2,809.1 $2,138.9 $534.2 $80.3 $55.7 Debt and related interest3,592.0 107.3 369.2 467.6 2,647.9 Operating leases71.7 17.7 28.8 18.1 7.1 Pension obligations and postretirement benefits (2)459.6 49.7 98.1 96.2 215.6 Commitments:Investment purchases outstanding:Commercial mortgage loans on real estate6.4 6.4 — — — Capital contributions to non-consolidated VIEs239.2 239.2 — — — Liability for unrecognized tax benefits20.4 — 16.9 — 3.5 Total obligations and commitments$7,198.4 $2,559.2 $1,047.2 $662.2 $2,929.8 

(1)Insurance liabilities reflect undiscounted estimated cash payments to be made to policyholders, net of expected future premium cash receipts on in-force policies and excluding fully reinsured runoff operations. The total gross reserve for fully reinsured runoff operations that was excluded was $642.1 million which, if the reinsurers defaulted, would be payable over a 30+ year period with the majority of the payments occurring after 5 years. Additional information on the reinsurance arrangements can be found in Note 17 to the Consolidated Financial Statements included elsewhere in this Report. These liabilities also do not