Exhibit 99.1
assurantlogocolora01.jpg

Assurant Reports Third Quarter 2019 Financial Results
Double-Digit Year-over-Year Net Operating Income Growth in Global Lifestyle Driven by Mobile

 
Key Highlights for Third Quarter 2019
 
• Net loss of $59.5 million, or $0.96 per share, down $107.8 million or $1.72 per share, respectively
 
• Net operating income1 of $104.8 million, or $141.1 million excluding reportable catastrophes2, up 55 percent and 4 percent, respectively
 
• Net operating income per diluted share3 of $1.69, or $2.28 excluding reportable catastrophes4, up 60 percent and 8 percent, respectively
 
• $103 million returned to shareholders in share repurchases and common dividends

Note: References to net income (loss) refer to net income (loss) attributable to common stockholders. Comparisons in the quarterly financial highlights relate to last year’s prior period unless otherwise noted.

NEW YORK, November 5, 2019
Assurant, Inc. (NYSE: AIZ), a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases, today reported results for the third quarter ended September 30, 2019.

“Underlying results for the quarter were strong, driven by double-digit earnings growth in mobile, as our end-to-end service offerings continued to garner market appeal,” said Assurant President and CEO Alan Colberg.

Colberg added, “We believe we’re well positioned to achieve our full-year 2019 financial objectives and sustain double-digit earnings growth long term.”



-1-

The following information was filed by Assurant Inc (AIZ) on Tuesday, November 5, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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