Assurant, Inc. provides protection services to connected devices, homes, and automobiles in North America, Latin America, Europe, and the Asia Pacific. It operates in two segments, Global Lifestyle and Global Housing. The Global Lifestyle segment offers mobile device solutions, and extended service contracts and related services for consumer electronics and appliances, and financial services and other insurance products; and vehicle protection, commercial equipment, and other related services. The Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; renters insurance and related products; and voluntary manufactured housing, and condominium and homeowners insurance products. The company was formerly known as Fortis, Inc. and changed its name to Assurant, Inc. in February 2004. Assurant, Inc. was founded in 1892 and is headquartered in Atlanta, Georgia.
Insurance Innovato | Assurant navigates shifting market dynamics, leveraging its dual focus on Lifestyle and Housing sectors to maintain a competitive edge in risk management solutions |
Financial Crossroads | Explore Assurant's recent performance as it approaches historic valuation multiples, with analyst price targets ranging from $186 to $205 |
Segment Spotlight | Delve into the contrasting outlooks for Assurant's Global Lifestyle and Global Housing segments, highlighting potential growth drivers and challenges |
Future Trajectory | Learn how Assurant's strong historical returns and market positioning could influence its ability to capitalize on emerging trends in connected devices and evolving housing markets |
Metrics to compare | AIZ | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipAIZPeersSector | |
---|---|---|---|---|
P/E Ratio | 15.0x | 12.7x | 9.1x | |
PEG Ratio | −1.47 | 0.50 | 0.03 | |
Price/Book | 1.9x | 1.7x | 1.0x | |
Price / LTM Sales | 0.8x | 1.3x | 2.7x | |
Upside (Analyst Target) | 16.7% | 11.8% | 11.6% | |
Fair Value Upside | Unlock | 4.1% | 1.8% | Unlock |