What does the company do?
Assurant, Inc. (Assurant) is a holding company. Through its subsidiaries, it is engaged in providing specialized insurance products and related services in North America and selected other international markets. Its four segments include Assurant Solutions, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits. These segments provide debt protection administration, credit insurance, warranties and service contracts, pre-funded funeral insurance, creditor–placed homeowners insurance, manufactured housing homeowners insurance, individual health and small employer group health insurance, group dental insurance, group disability insurance and group life insurance. In October 2008, it announced that it has completed its acquisition of Signal Holdings LLC, a provider of wireless handset protection programs and repair services, from Trident II L.P. On September 26, 2008, it completed the acquisition of Warranty Management Group business from GE Consumer & Industrial.
How much does the company sell and earn?
Investors need to know how much stuff or services a company sells, and how much of that total it keeps as income (or profit) to grow its business or return to shareholders. The more of each, the better. In general, look for companies that sell and earn more than peers.
- Assurant one-year sales: 8.74 Bil.
Difference from the average for the Accident & Health Insurance group: -31.67% - Assurant one-year income: 601.07 Mil.
Difference from the average for the Accident & Health Insurance group: -39.92%| Sales & Income (past 12 months) | Company | Industry |
|---|
| Sales | 8.74 Bil | 12.79 Bil | | Income | 601.07 Mil | 1.00 Bil |
How fast is the company growing?
- Assurant one-year sales growth: 2.20%.
Difference from the average for the Accident & Health Insurance group: -4.80 pct. pts. - Assurant one-year income growth: 57.80%.
Difference from the average for the Accident & Health Insurance group: 38.00 pct. pts.| Sales & Income Growth (past 12 months) | Company | Industry |
|---|
| Sales Growth | 2.20% | 7.00% | | Income Growth | 57.80% | 19.80% |
How profitable is the company?
Investors prefer companies that increase profit margins -- the percentage of sales that they keep -- every year. This is accomplished either by lowering expenses or raising prices. Look for companies that consistently find ways to squeeze more profits out of sales than their peers.
- Assurant one-year net profit margin: 6.9%
Difference from the company's 5-year average net profit margin: 0.3 pct. pts.
Difference from the average for the Accident & Health Insurance group: -0.6 pct. pts.
| Net profit margins (%) |
|---|
| Company | 6.9% | | Company 5-Yr Avg. | 6.6% | | Industry | 7.5% |
How is the company's financial health?
The debt/equity ratio shows how much a firm has borrowed as a percentage of its stock equity. The lower, the better.
- Assurant debt/equity ratio: 0.20.
Difference from the average for the Accident & Health Insurance group: -25.93%.
| | Company | Industry |
|---|
| Debt/equity ratio | 0.20 | 0.27 |
|
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