AIZ · 8-K · 20260804PR000039
Operating Expense Trends
ASSURANT, INC. · 2026-08-04 · Importance 49 · Surprise 32 · From source text
Second-quarter underwriting, selling, general and administrative expenses increased 8% to $2,300.6 million from $2,121.2 million in Q2 2025, an increase of $179.4 million. The increase contributed to total benefits, losses and expenses rising 7% to $3,077.3 million from $2,869.4 million. Corporate and Other expenses increased because of higher employee-related costs and organic investments in Home Warranty. Full-year Corporate and Other Adjusted EBITDA loss is now expected to approximate $145 million because of higher employee-related expenses.
Key facts
- Corporate and Other Adjusted EBITDA loss is now expected to approximate $145 million in 2026 due to higher employee-related expenses. source
- The company expects amortization of purchased intangible assets of approximately $70 million for 2026. source
- Underwriting, selling, general and administrative expenses for Q2 2026 were $2,300.6 million compared to $2,121.2 million in Q2 2025. source
- Corporate and Other Adjusted EBITDA loss increased in Q2 2026 mainly due to higher employee-related expenses and organic investments to support Home Warranty, partially offset by higher investment income from higher assets. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -5.2% | Underwriting, selling, general and administrative expenses for Q2 2026 were $2,300.6 million compared to $2,121.2 million in Q2 2025. |
| operating_income | negative | committed | -3.6% | Corporate and Other Adjusted EBITDA loss is now expected to approximate $145 million in 2026 due to higher employee-related expenses. |
| operating_income | negative | committed | -1.7% | The company expects amortization of purchased intangible assets of approximately $70 million for 2026. |