Exhibit 99.1
assurantlogocolora01.jpg

Assurant Reports Second Quarter 2019 Financial Results
Strong Year-over-Year Growth Driven by Mobile Expansion and The Warranty Group

 
Key Highlights for Second Quarter 2019
 
• Net income of $139.5 million, or $2.21 per diluted share, up 124 and 103 percent, respectively
 
• Net operating income1 of $147.7 million, or $144.6 million excluding reportable catastrophes2, up 21 and 20 percent, respectively
 
• Net operating income per diluted share3 of $2.34, or $2.29, excluding reportable catastrophes4, up 10 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, August 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 second quarter ended June 30, 2019.

“We were pleased with our second quarter results as they were above our expectations, mainly from Global Lifestyle’s strong mobile growth as new client partnerships and program expansions continued to gain traction,” said Assurant president and CEO Alan Colberg. “Importantly, we have also now reached $60 million in run-rate expense synergies from our TWG acquisition, two quarters ahead of schedule.”

“We believe we’re well-positioned to achieve our financial objectives for 2019, despite higher claims in Global Housing, while continuing to drive overall long-term outperformance,” Colberg added.



-1-

The following information was filed by Assurant Inc (AIZ) on Tuesday, August 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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