Assurant (AIZ) 10-K Summary — Year Ended Dec 31, 2025
Assurant is a global protection company partnering with leading brands to service connected devices, homes, and automobiles. For the fiscal year, revenue increased while net income and operating cash flow were reported, reflecting the company's financial position.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Assurant is a global protection company partnering with leading brands to service connected devices, homes, and automobiles. For the fiscal year, revenue increased while net income and operating cash flow were reported, reflecting the company's financial position.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$12.8B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$872.7M
Net income reported for the year.
Operating cash flow
$1.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $10.2B | +300.1% |
| Dec 31, 2023 | $11.1B | +9.2% |
| Dec 31, 2024 | $11.9B | +6.7% |
| Dec 31, 2025 | $12.8B | +7.9% |
Business overview
Assurant operates through two segments: Global Lifestyle, which provides mobile device solutions, extended service contracts, vehicle protection, and related services; and Global Housing, which offers lender-placed and voluntary homeowners, flood, and renters insurance. The company leverages data-driven technology to serve clients across North America, Latin America, Europe, and Asia Pacific.
Financial performance
Revenue grew over the reported period, with the latest figure at the highest level among the years shown. Net income and operating cash flow were both positive, indicating profitability and cash generation.
Material risks
The filing references risk factors but does not provide specific details in the supplied context. General risks may include those common to insurance and protection businesses, such as claims variability and regulatory changes. No specific material risks are elaborated in the provided text.
Liquidity and capital
The filing mentions a strong balance sheet and operating cash flows, with total assets reported. No specific capital allocation themes are detailed in the supplied context.
What to watch
Monitor the trend in revenue growth and any changes in operating cash flow in the next filing.