AIZ · 8-K · 20260804PR000039
Guidance / Outlook
ASSURANT, INC. · 2026-08-04 · Importance 79 · Surprise 76 · In source text
Assurant increased its 2026 outlook to mid-single-digit growth in Adjusted EBITDA and adjusted earnings per diluted share, excluding reportable catastrophes. On an underlying basis excluding $71 million of lower favorable prior-year reserve development, the company expects approximately 10% growth, with Global Lifestyle Adjusted EBITDA expected to grow at a low-double-digit rate and Global Housing Adjusted EBITDA excluding catastrophes expected to grow modestly. Assurant expects 2026 Corporate and Other Adjusted EBITDA loss of approximately $145 million, depreciation expense of approximately $180 million, interest expense of approximately $113 million, amortization of purchased intangible assets of approximately $70 million, and an effective tax rate of 19% to 21%.
Key facts
- The company expects depreciation expense of approximately $180 million in 2026. source
- Adjusted earnings, excluding reportable catastrophes, per diluted share for 2026 is now expected to increase mid single digits. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | -4.4% | The company expects depreciation expense of approximately $180 million in 2026. |
| net_income | positive | committed | — | Adjusted earnings, excluding reportable catastrophes, per diluted share for 2026 is now expected to increase mid single digits. |