{"id":958342,"date":"2026-05-05T14:29:03","date_gmt":"2026-05-05T18:29:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-increases-full-year-outlook-on-record-first-quarter-results\/"},"modified":"2026-05-05T14:29:03","modified_gmt":"2026-05-05T18:29:03","slug":"assurant-increases-full-year-outlook-on-record-first-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/assurant-increases-full-year-outlook-on-record-first-quarter-results\/","title":{"rendered":"Assurant Increases Full Year Outlook on Record First Quarter Results"},"content":{"rendered":"

<\/p>\n

Assurant Increases Full Year Outlook on Record First Quarter Results<\/b><\/p>\n

Strong Start to 2026 Led by Record Earnings in Global Lifestyle<\/i><\/p>\n

2026 to Deliver Strong Underlying Growth Driven <\/i>by Global Lifestyle Adjusted EBITDA Growth of Approximately 10%<\/i><\/p>\n

ATLANTA–(BUSINESS WIRE<\/a>)–
\nAssurant, Inc. (NYSE: AIZ):<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\n

(Unaudited)<\/b><\/p>\n<\/td>\n

\n

Q1’26<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Q1’25<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Change<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

$ in millions, except per share data<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nGAAP net income<\/p>\n<\/td>\n

\n

\n274.1<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n146.6<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n87%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted EBITDA1<\/sup><\/p>\n<\/td>\n

\n

\n441.5<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n282.2<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n56%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted EBITDA, ex. reportable catastrophes2<\/sup><\/p>\n<\/td>\n

\n

\n465.9<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n439.2<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n6%<\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGAAP net income per diluted share<\/p>\n<\/td>\n

\n

\n5.41<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n2.83<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n91%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted earnings per diluted share3<\/sup><\/p>\n<\/td>\n

\n

\n5.95<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n3.39<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n76%<\/p>\n<\/td>\n<\/tr>\n

\n

\nAdjusted earnings, ex. reportable catastrophes, per diluted share4<\/sup><\/p>\n<\/td>\n

\n

\n6.33<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n5.79<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n9%<\/p>\n<\/td>\n<\/tr>\n

\n

\nNote: The metrics included within the company\u2019s outlook and certain other metrics are non-GAAP financial measures. The company believes that it cannot, without unreasonable efforts, forecast certain information needed to reconcile outlook to the GAAP measures, the probable significance of which cannot be determined. More information can be found in the Non-GAAP Financial Measures section.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

Assurant, Inc.<\/a> (NYSE: AIZ), a global company that redefines the boundaries of protection \u2013 safeguarding and servicing connected devices, homes, automobiles, and commercial equipment in partnership with the world\u2019s most successful brands, today announced results for the first quarter ended March 31, 2026.<\/p>\n

\n“Our first quarter performance represented Assurant\u2019s best quarter in history driven by record earnings in Global Lifestyle. Our position as a market leader continues to generate attractive cash flows and reinforces our solid, flexible capital position \u2014 enabling us to accelerate share repurchases in the first quarter. We continue to scale capabilities, deepen client partnerships, and execute against a robust pipeline of new client opportunities, supported by the durability of our earnings. We are proud of the long-term outperformance we\u2019ve driven and more excited than ever about the future, including expansion into attractive new markets where we see a clear path to market leadership,\u201d said Assurant President and CEO Keith Demmings.<\/p>\n

\n\u201cDriven by our strong start to the year, we are increasing our 2026 enterprise outlook. We now expect Adjusted EBITDA and Adjusted earnings per share, both excluding reportable catastrophes, to grow low single digits, or high single digits on an underlying basis. We also now expect to return $300 to $350 million in share repurchases, at the upper end of our 2026 guidance,\u201d Demmings added.<\/p>\n

First Quarter Consolidated Results<\/b><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

(Unaudited)<\/b><\/p>\n<\/td>\n

\n

Q1’26<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Q1’25<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

Change<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

$ in millions<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

GAAP net income<\/b><\/p>\n<\/td>\n

\n

274.1<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

146.6<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

87%<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

Adjusted EBITDA<\/span><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGlobal Lifestyle<\/p>\n<\/td>\n

\n

\n236.7<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n197.8<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n20%<\/p>\n<\/td>\n<\/tr>\n

\n

\nGlobal Housing<\/p>\n<\/td>\n

\n

\n236.7<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n112.4<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n111%<\/p>\n<\/td>\n<\/tr>\n

\n

\nCorporate and Other<\/p>\n<\/td>\n

\n

\n(31.9)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(28.0)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(14)%<\/p>\n<\/td>\n<\/tr>\n

\n

Adjusted EBITDA1<\/sup><\/b><\/p>\n<\/td>\n

\n

441.5<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

282.2<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

56%<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nReportable catastrophes<\/p>\n<\/td>\n

\n

\n24.4<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n157.0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

Adjusted EBITDA, ex. reportable catastrophes<\/span><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n<\/tr>\n

\n

\nGlobal Lifestyle2<\/sup><\/p>\n<\/td>\n

\n

\n236.7<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n198.1<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n19%<\/p>\n<\/td>\n<\/tr>\n

\n

\nGlobal Housing2<\/sup><\/p>\n<\/td>\n

\n

\n261.1<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n269.1<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(3)%<\/p>\n<\/td>\n<\/tr>\n

\n

\nCorporate and Other<\/p>\n<\/td>\n

\n

\n(31.9)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(28.0)<\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

\n(14)%<\/p>\n<\/td>\n<\/tr>\n

\n

Adjusted EBITDA, ex. reportable catastrophes2<\/sup><\/b><\/p>\n<\/td>\n

\n

465.9<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

439.2<\/b><\/p>\n<\/td>\n

\n

\n\u00a0<\/p>\n<\/td>\n

\n

6%<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nNote: Adjusted EBITDA of the Global Lifestyle, Global Housing, and Corporate and Other segments is the segment measure of profitability in our GAAP financial statements and includes reportable catastrophes. Some of the metrics throughout this press release are non-GAAP measures of performance. A full reconciliation of each non-GAAP measure to the most comparable GAAP measure can be found in the Non-GAAP Financial Measures section.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

First Quarter 2026 Consolidated Results<\/b><\/p>\n