Assurant, Inc. · NYSE:AIZ
Assurant — Q3 2026 Earnings Presentation
25 slides from Assurant's earnings presentation, Nov 4, 2026
Slide 1: Third Quarter 2026 Results
Third Quarter 2026 Results Investor Presentation © 2026 Assurant, Inc. All rights reserved. Company confidential. 1
Slide 2: Presenters: Keith Demmings and Keith Meier
Keith Demmings Keith Meier President Executive Vice President & Chief Executive Officer & Chief Financial Officer © 2026 Assurant, Inc. All rights reserved. Company confidential. 2
Slide 3: Cautionary Statement
Cautionary Statement Some of the statements in this presentation, including our business and financial plans and any statements regarding our anticipated future financial performance, business prospects, growth, operating strategies, valuation and similar matters, such as performance outlook, financ
Slide 4: Strong Earnings, Strong Momentum
Strong Earnings, Strong Momentum Adjusted EBITDA, excl. cats (1) ($ millions) Double-Digit +12% $484 $434 Growth Across Lifestyle and Housing Businesses Q3'25 Q3'26 (1) Excludes reportable catastrophes. Refer to Exhibit 2 in the Appendix for information regarding non-GAAP financial measures, includi
Slide 5: YTD'26: Outperformance Across Assurant Driving Record Year
YTD'26: Outperformance Across Assurant Driving Record Year Well-Positioned To Deliver 10th Consecutive Year of Profitable Earnings Growth(1) Delivered 12% Adjusted EBITDA growth and 13% Adjusted +12% growth EPS growth, both excl. cats(1) Adjusted EBITDA, excl. cats(1) Exceptional performance across
Slide 6: Global Lifestyle Highlights
GLOBAL LIFESTYLE Global Lifestyle Highlights Global Lifestyle Adjusted EBITDA ($ millions) Strong Momentum Supports Record Year-to-Date Performance Connected Living $718 • 23% year-to-date earnings growth driven by expansion with existing +18% clients and optimization of recently added programs $606
Slide 7: Global Housing Highlights
GLOBAL HOUSING Global Housing Highlights Global Housing Adjusted EBITDA, excl. cats(1) ($ millions) Differentiated Financial Profile Driving Strong Growth and Returns +8% $836 $773 Homeowners • Delivered 9% top-line growth • Onboarded approximately 2.6 million loans from a new partnership with a top
Slide 8: 2026: Extending Our Track Record of Outperformance
2026: Extending Our Track Record of Outperformance Broad-based Success Across Our Businesses – Driven by Disciplined Execution and Meaningful Competitive Advantages Deepening Right to Leveraging Partnerships Win and and Expanding Technology On Track for Durable Market and Record Year Growth Innovati
Slide 9: Enterprise Q3'26 Financial Highlights
ENTERPRISE Adjusted EBITDA, excl. cats(1) ($ millions) Enterprise Q3’26 Financial +12% $484 Highlights $434 Growth Double-Digit Earnings Growth Across Assurant Strong Growth in Adjusted EBITDA and Adjusted EPS, both excl. cats(1) Q3'25 Q3'26 • Double-digit growth by both Global Lifestyle and Global
Slide 10: Q3'26 Segment Financial Highlights
Q3’26 Segment Financial Global Lifestyle Adjusted EBITDA ($ millions) Highlights $237 $207 +15% Q3 2026 Global Lifestyle Highlights 79 • Adjusted EBITDA increased 15% or $30 million 79 • Connected Living Adjusted EBITDA increased 23% from mobile growth across global supply chain and device protectio
Slide 11: Significant Cash Generation and Balanced Capital Allocation Create Shareholder Value
Our Significant Cash Generation and Balanced Capital Allocation Create Shareholder Value Returned $119 million to Shareholders in Q3’26 Significant Cash Common Stock Share Organic Investment Generation Dividends Repurchases and M&A 21 consecutive years ~71% $2.8B Business Segment Dividends (2020-YTD
Slide 12: AI is an Accelerator of Our Technology-First Strategy
AI is an Accelerator of Our Technology-First Strategy We are Using AI to Enable Better Customer Experiences, Profitable Growth, and Stronger Competitive Differentiation We are scaling and deploying AI capabilities across businesses and clients: Better customer experiences: conversational agents, rea
Slide 13: 2026 Updated Enterprise Outlook
2026 Updated Enterprise Outlook 2026 Enterprise Outlook: Adj. EBITDA, excl. cats(1) 2025 2026 2026 Results Outlook(2) Outlook ex. $1,734 PYD(2)(3) $61 $113 Ex. PYD(2)(3), low-to-mid Adjusted EBITDA, Approximately Low-to-mid teens $1.734B excl. cats(1) 10% teens $1,621 Adjusted EPS, Low double $22.81
Slide 14: Questions? Contact Investor Relations
Rebekah Biondo Sean Moshier Lyndsay Baker Deputy Chief Head of Investor AVP, Investor Financial Officer Relations Relations Questions? Contact: [email protected] © 2026 Assurant, Inc. All rights reserved. Company confidential. 14
Slide 15: Appendix
Appendix © 2026 Assurant, Inc. All rights reserved. Company confidential. 15 18
Slide 16: 2026 Outlook: Adjusted EBITDA to Adjusted Earnings Walk
2026 Outlook: Adjusted EBITDA to Adjusted Earnings Walk 2025 2026 Actuals Outlook (1) Adjusted EBITDA, excl. cats (millions) $1,734 Approximately 10% (-) Depreciation Expense $(156) ~$(180) (-) Interest Expense $(110) ~$(113) (-) Taxes $(293) ~19-21% (1) Adjusted Earnings, excl. cats (millions) $1,1
Slide 17: Exhibit 1: Safe Harbor Statement
Exhibit 1: Safe Harbor Statement Some of the statements in this presentation, including our business and financial plans and any statements regarding our anticipated future financial performance, business prospects, growth, operating strategies, valuation and similar matters, such as performance out
Slide 18: Exhibit 2: Non-GAAP Financial Measures
Exhibit 2: Non-GAAP Financial Measures Assurant uses the following non-GAAP financial measures to analyze the company’s operating performance. Assurant’s non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP financial measures. Because Assurant’s calculation o
Slide 19: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) (UNAUDITED) 3Q Nine Months Twelve Months ($ in millions) 2026 2025 2026 2025 2025 GAAP Global Housing Adjusted EBITDA $ 268.3 $ 256.3 $ 779.8 $ 583.1 $ 858.7 Reportable catastrophes, pre-tax 19.7 2.9 56.3 189.4 198.8 Global Housing Adjusted EBITDA,
Slide 20: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) Adjusted Earnings per Diluted Share: Assurant uses Adjusted earnings per diluted share as an important (UNAUDITED) 3Q Nine Months Twelve Months measure of the company’s stockholder value. Assurant defines Adjusted earnings per diluted share as (i) n
Slide 21: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) (UNAUDITED) 3Q Nine Months Twelve Months 2026 2025 2026 2025 2025 GAAP net income per diluted share $ 5.49 $ 5.17 $ 16.82 $ 12.55 $ 16.93 Adjustments per diluted share, pre-tax: Net realized losses (gains) on investments and fair value changes to eq
Slide 22: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) Global Housing Non-Catastrophe Loss Ratio: Assurant uses the Global Housing non-catastrophe loss ratio as an important measure of the segment's operating performance. Assurant defines the Global Housing non-catastrophe loss ratio as segment policyho
Slide 23: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) The company outlook for each of Adjusted earnings, excluding reportable catastrophes, per diluted share and, for Assurant and Global Housing, Adjusted EBITDA, excluding reportable catastrophes, each including and excluding 2025 prior year reserve de
Slide 24: Exhibit 3: Regulatory Requirements
Exhibit 3: Regulatory Requirements Assurant, Inc. is an insurance holding company, with insurance subsidiaries domiciled in a number of states in the U.S. and international jurisdictions. The ownership of our stock is subject to certain state and foreign insurance law requirements. Those are typical
Slide 25: Exhibit 4: Peer Earnings Definition from S&P Capital IQ Market Intelligence
Exhibit 4: Peer Earnings Definition from S&P Capital IQ Market Intelligence AIZ Metric Peer Earnings Metric Definition Source Adjusted earnings Operating income after taxes: Net income after taxes, less the net income SNL (S&P Capital IQ Market Intelligence) attributable to noncontrolling interest,