Exhibit 99.1
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Assurant Reports First Quarter 2019 Financial Results
Results In-line with Full-Year Outlook Driven by The Warranty Group and Mobile Growth

 
Key Highlights for First Quarter 2019
 
• Net income of $161.0 million, or $2.52 per diluted share, up 29 percent
 
• Net operating income of $140.6 million, or $148.8 million excluding reportable catastrophes1, up 31 and 30 percent, respectively
 
• Net operating income per diluted share of $2.21, or $2.33 excluding reportable catastrophes2, up 11 and 9 percent, respectively
 
• $88 million returned to shareholders in share repurchases and common dividends

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

NEW YORK, May 6, 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 first quarter ended March 31, 2019.

“Our first quarter results represent a strong start to 2019, driven by contributions from our acquisition of TWG and organic mobile growth,” said Assurant President and Chief Executive Officer Alan Colberg. “In addition to the significant increase in Global Lifestyle earnings, we also saw higher income from our Global Housing and Global Preneed segments.”

“As we outlined at our 2019 Investor Day, we believe we’re well positioned to sustain outperformance over time, driven by our leading positions and innovative offerings which should support double-digit earnings growth and significant cash flow generation,” Colberg added.











-1-

The following information was filed by Assurant Inc (AIZ) on Monday, May 6, 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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