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Specialty insurer providing mobile-device protection, vehicle service contracts, and renters/lender-placed home insurance.
Specialty insurer providing mobile-device protection, vehicle service contracts, and renters/lender-placed home insurance.
Sells through partners, not directly: a carrier or retailer offers device protection or a dealer offers a vehicle service contract, and Assurant collects premiums and handles the claims, repairs and replacements. Lender-placed home insurance is bought by loan servicers when a borrower's own cover lapses, so it comes from the lender rather than the homeowner.
Moat: narrow (distribution, switching costs). Embedded partnerships with mobile carriers and auto lenders are the product's distribution channel, hard to replicate quickly.
Headquarters: Atlanta, Georgia, United States · Founded: 2004 · Employees: 14,800
Size Assurant (AIZ) is a United States Financials company (Property/Casualty Insurance) with a market value of $15.1B, the 595th largest of 3,117 United States companies the cockpit tracks. Shares closed at $307.00 on 6 Nov 2026.
Performance Over six months the shares gained 28.5%, against +17.3% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 9.4% over the last twelve months (peer median +2.3%); the operating margin is 10.6% (peer median 14.7%).
Valuation It trades at 2.60× book value against a peer median of 1.88× (7th most expensive of 21).
Price implies The share price implies a return on equity of about 14.6%; Assurant delivers 44.2%, so the price asks less than the business earns today.
Credit Assurant has 6 bonds outstanding ($1.98B), rated BBB by the agencies and trading like BBB at a weighted spread of 101 bp.
Short interest Short interest is 2.9% of the free float (15 Oct 2026).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $13.8B | $12.8B | $11.9B | $11.1B | $10.2B |
| Revenue growth | — | +8% | +7% | +9% | — |
| Net income | $1.07B | $873M | $760M | $642M | $277M |
| Free cash flow | n/a | $1.60B | $1.11B | $936M | $411M |
| Capital expenditure | n/a | $236M | $221M | $202M | $186M |
| Total debt | $2.21B | $2.30B | $2.16B | $2.12B | $2.17B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Assurant AIZ | $15.1B | +29% | +9% | 44% | 2.60× | 14.6% |
| American International AIG | $40.7B | +2% | +1% | 8% | 1.04× | 7.5% |
| Allstate ALL | $64.4B | +20% | +6% | 46% | 2.04× | 9.9% |
| Tiptree TIPT | $639M | +1% | -99% | -3% | 0.72× | 6.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | AIZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +12.5% | +9.7% | 6th highest of 21 |
| 6-month return | +28.5% | +17.3% | 3rd highest of 21 |
| Return on equity | 44.2% | 15.2% | 2nd highest of 21 |
| Price / book | 2.60× | 1.88× | 7th most expensive of 21 |
| Trailing P/E | 14.3× | 12.6× | 8th most expensive of 20 |
| ROE the price implies | 14.6% | 9.5% | 5th most demanding of 21 |
| ROE delivered | 44.2% | 14.7% | 2nd highest of 20 |
| Bond spread | 101 bp | 106 bp | 5th tightest of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Assurant AIZ | United States | $15.1B | +29% | +9% | 44% | 2.60× | 14.6% | 44.2% |
| Everest EG | United States | $15.2B | +18% | -9% | 13% | 1.08× | 6.6% | 12.8% |
| Insurance Australia IAG.AX | Australia | $14.4B | +17% | +9% | 14% | 2.87× | 13.1% | 14.0% |
| Admiral ADM.L | United Kingdom | $16.1B | +23% | 0% | 46% | 8.04× | 33.5% | 45.6% |
| RenaissanceRe RNR | United States | $14.0B | +16% | -21% | 13% | 1.34× | 7.5% | 13.4% |
| SamsungF&MIns 000810.KS | South Korea | $17.2B | +31% | +5% | 8% | 0.71× | 4.8% | 8.1% |
| American Financial AFG | United States | $12.8B | +18% | +3% | 18% | 2.67× | 15.1% | n/a |
| Erie Indemnity ERIE | United States | $12.7B | +26% | +2% | 24% | 4.98× | 19.7% | 23.7% |
| Loews L | United States | $22.2B | +5% | +3% | 8% | 1.22× | 8.3% | 8.1% |
| Markel MKL | United States | $23.7B | +7% | -1% | 10% | 1.28× | 9.2% | 9.6% |
| Hanover Insurance THG | United States | $8.35B | +28% | +5% | 22% | 2.43× | 11.2% | 21.8% |
| QBE Insurance QBE.AX | Australia | $27.7B | +19% | +3% | 19% | 2.37× | 11.3% | 19.1% |
| Sampo SAMPO.HE | Finland | $29.1B | +10% | +2% | 16% | 3.60× | 11.3% | 16.5% |
| Scor SCR.PA | France | $6.96B | +10% | -4% | 19% | 1.44× | 9.8% | 18.8% |
| Definity Financial DFY.TO | Canada | $6.47B | +14% | +35% | 12% | 2.13× | 7.6% | 11.7% |
| Hartford (The) HIG | United States | $35.8B | +1% | +4% | 23% | 1.94× | 11.3% | 22.7% |
| Hagerty HGTY | United States | $6.18B | +79% | +1% | 5% | 8.42× | 53.7% | 4.6% |
| Selective Insurance SIGI | United States | $5.87B | +17% | +4% | 15% | 1.81× | 9.1% | 14.7% |
| MGIC Investment MTG | United States | $5.87B | +7% | -2% | 14% | 1.18× | 8.9% | 13.9% |
| Fairfax Financial FFH.TO | Canada | $42.7B | +21% | -1% | 16% | 1.40× | 7.0% | 15.8% |
| PICC Property & Casualty 2328.HK | Hong Kong | $48.9B | +16% | +9% | 17% | 1.09× | 5.8% | 16.5% |
Assurant has 6 bonds outstanding with $1.98B face value. The agencies rate it BBB; its bonds trade like BBB. Weighted yield 5.66%, a spread of 101 bp over government bonds.