{"id":477185,"date":"2021-04-15T16:18:52","date_gmt":"2021-04-15T20:18:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-introduces-revised-financial-supplement-to-reflect-focus-on-global-lifestyle-and-global-housing-businesses\/"},"modified":"2021-04-15T16:18:52","modified_gmt":"2021-04-15T20:18:52","slug":"assurant-introduces-revised-financial-supplement-to-reflect-focus-on-global-lifestyle-and-global-housing-businesses","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-introduces-revised-financial-supplement-to-reflect-focus-on-global-lifestyle-and-global-housing-businesses\/","title":{"rendered":"Assurant Introduces Revised Financial Supplement To Reflect Focus on Global Lifestyle and Global Housing Businesses"},"content":{"rendered":"

<\/p>\n

Assurant Introduces Revised Financial Supplement To Reflect Focus on Global Lifestyle and Global Housing Businesses<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–Assurant, Inc.<\/a> (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced it has revised its financial supplement to reflect the company\u2019s focus on its Global Lifestyle and Global Housing businesses following the announcement it had signed an agreement to sell its Global Preneed business and related legal entities and assets.\n<\/p>\n

\nBeginning in first quarter 2021, the company\u2019s financial statements and financial supplement will present consolidated results reflecting its Global Preneed business and related legal entities as discontinued operations. In addition, the financial supplement will include a new performance metric for the company, Adjusted EBITDA, that will complement net operating income given the ongoing shift to more service-oriented and fee-based businesses.\n<\/p>\n

\nTo provide investors with an opportunity to review the updated presentation prior to the publication of Assurant\u2019s first quarter 2021 results on Tuesday, May 4, the financial supplement as of Dec. 31, 2020 has been revised to reflect these changes. The revised financial supplement is available on Assurant\u2019s Investor Relations website: https:\/\/ir.assurant.com\/investor\/default.aspx<\/a>.\n<\/p>\n

About Assurant<\/strong><\/p>\n

\nAssurant, Inc. (NYSE: AIZ) is a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world\u2019s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance; lender-placed insurance products; and other specialty products. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.\n<\/p>\n

\nLearn more at assurant.com<\/a> or on Twitter @AssurantNews<\/a>.\n<\/p>\n

\n###\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210415005869\/en\/<\/a><\/span><\/p>\n

Media Contact:
\n<\/strong>
Linda Recupero
\n
Senior Vice President, Enterprise Communication
\n
201.519.9773
\n
linda.recupero@assurant.com<\/a><\/p>\n

Investor Relations Contacts:
\n<\/strong>
<\/b>Suzanne Shepherd
\n
Senior Vice President, Investor Relations
\n
201.788.4324
\n
suzanne.shepherd@assurant.com<\/a><\/p>\n

\nSean Moshier
\n
Assistant Vice President, Investor Relations
\n
914.204.2253
\n
sean.moshier@assurant.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Consumer Electronics Other Professional Services Technology Residential Building & Real Estate Insurance Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Assurant Introduces Revised Financial Supplement To Reflect Focus on Global Lifestyle and Global Housing Businesses NEW YORK–(BUSINESS WIRE)–Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced it has revised its financial supplement to reflect the company\u2019s focus on its Global Lifestyle and Global Housing businesses following the announcement it had signed an agreement to sell its Global Preneed business and related legal entities and assets. Beginning in first quarter 2021, the company\u2019s financial statements and financial supplement will present consolidated results reflecting its Global Preneed business and related legal entities as discontinued operations. In addition, the financial supplement will include a new performance metric for the … <\/p>\n

Continue reading “Assurant Introduces Revised Financial Supplement To Reflect Focus on Global Lifestyle and Global Housing Businesses”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-477185","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAssurant Introduces Revised Financial Supplement To Reflect Focus on Global Lifestyle and Global Housing Businesses - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-introduces-revised-financial-supplement-to-reflect-focus-on-global-lifestyle-and-global-housing-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assurant Introduces Revised Financial Supplement To Reflect Focus on Global Lifestyle and Global Housing Businesses - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Assurant Introduces Revised Financial Supplement To Reflect Focus on Global Lifestyle and Global Housing Businesses NEW YORK–(BUSINESS WIRE)–Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced it has revised its financial supplement to reflect the company\u2019s focus on its Global Lifestyle and Global Housing businesses following the announcement it had signed an agreement to sell its Global Preneed business and related legal entities and assets. Beginning in first quarter 2021, the company\u2019s financial statements and financial supplement will present consolidated results reflecting its Global Preneed business and related legal entities as discontinued operations. 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