Every material Form 8-K Assurant filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Assurant reported third-quarter 2025 GAAP net income of $265.6 million, up 99% from $133.8 million a year earlier, with diluted EPS of $5.17 versus $2.55. The company raised its 2025 outlook, now expecting Adjusted EBITDA excluding reportable catastrophes to grow approaching 10% and Adjusted EPS excluding reportable catastrophes to grow low double digits, and plans $300 million of share repurchases for the full year.
Q3 2025 GAAP net income was $265.6 million, up 99% from $133.8 million; diluted EPS was $5.17 versus $2.55.
Adjusted EBITDA excluding reportable catastrophes rose 13% to $433.5 million; Adjusted EPS excluding reportable catastrophes was $5.76 versus $5.08.
2025 outlook raised: Adjusted EBITDA excluding reportable catastrophes now expected to approach 10% growth; Adjusted EPS excluding reportable catastrophes now expected to deliver low double-digit growth.
Full-year 2025 share repurchases planned at $300 million, at the top of the expected range; $141 million remains under the current repurchase authorization as of October 31, 2025.
Assurant, Inc. appointed Michael P. Campbell as Executive Vice President and Chief Operating Officer, effective September 15, 2025, and named Ryan Lumsden to succeed him as President of Global Housing. The filing sets out Campbell's pay, including a $620,000 base salary and a one-time equity award with a grant date value of approximately $750,000, which shareholders may track in future proxy disclosures.
Michael P. Campbell, 58, becomes EVP and Chief Operating Officer effective September 15, 2025, taking over Global Operations and Information Technology.
Campbell's compensation includes an annual base salary of $620,000 (pro-rated), a 2025 target bonus of 100% of base salary, and a 2026 long-term incentive target of 300% of adjusted base salary.
Campbell receives a one-time top-off equity award on October 1, 2025, with a grant date value of approximately $750,000, split 25% restricted stock units and 75% performance stock units.
Ryan Lumsden is named EVP and President, Global Housing, succeeding Campbell; he joined Assurant in 2014 and joins the Management Committee.
Assurant reported second quarter 2025 GAAP net income of $235.3 million, up 25 percent from $188.7 million a year earlier, and GAAP diluted EPS of $4.56, up from $3.58. The company raised its full-year 2025 outlook, now expecting adjusted EPS excluding reportable catastrophes to approach 10% growth, and plans $250 to $300 million in share repurchases at the upper end of its guidance.
Q2 2025 adjusted EPS was $5.10 versus $4.08; excluding reportable catastrophes, it was $5.56 versus $4.77.
First-half 2025 GAAP net income fell 10 percent to $381.9 million, with reportable catastrophes of $186.8 million pre-tax versus $58.7 million a year earlier.
Global Housing Adjusted EBITDA rose 33 percent to $214.4 million in Q2; Global Lifestyle rose 6 percent to $201.4 million.
Holding company liquidity was $518 million as of June 30, 2025, and $225 million remains under the current repurchase authorization.
Assurant's Executive Vice President and Chief Operating Officer, Francesca L. Luthi, will step down from her role on September 15, 2025, for personal reasons, and will provide transition support until January 4, 2026. The Compensation and Talent Committee amended her 2023-2025 performance stock units so she must remain employed through December 31, 2025, instead of March 16, 2026, and she will forfeit certain unvested equity awards.
Francesca L. Luthi, EVP and Chief Operating Officer, notified the company on July 10, 2025 of her departure from her current position
Step-down effective September 15, 2025; transition support runs until January 4, 2026
On July 11, 2025, her 2023-2025 PSUs were amended so employment is required through December 31, 2025, instead of March 16, 2026; vesting remains tied to company performance
She will forfeit restricted stock units that would have vested March 16, 2026, and all other unvested equity awards
Assurant entered a third amended and restated credit agreement on June 18, 2025, establishing a $500 million five-year senior unsecured revolving credit facility that replaces its prior $500 million facility. The new facility expires in June 2030, compared with December 2026 for the prior one, and the company may increase it to $750 million subject to conditions.
New $500 million five-year senior unsecured revolving credit facility, expiring June 2030
Replaces prior $500 million facility entered December 9, 2021, which was scheduled to expire December 2026
Letter of credit sublimit of $50 million; proceeds may be used for general corporate purposes
Company may increase the facility to $750 million, subject to certain conditions
Assurant reported first-quarter 2025 GAAP net income of $146.6 million, down 38% from a year earlier, after $157.0 million of reportable catastrophes, mainly California wildfires. Excluding catastrophes, adjusted earnings per diluted share rose 16% to $5.79, and the company reaffirmed its 2025 outlook for modest growth.
GAAP net income was $146.6 million versus $236.4 million in Q1 2024; diluted EPS was $2.83 versus $4.47.
Reportable catastrophes were $157.0 million pre-tax versus $13.0 million; about $125 million was from the California wildfires, including estimated subrogation recoveries.
Adjusted earnings per diluted share excluding catastrophes rose 16% to $5.79 from $4.97.
Holding company liquidity was $501 million at March 31, 2025; the company repurchased $25 million of shares from April 1 through May 2, 2025.
Assurant reported fourth-quarter and full-year 2024 results on February 11, 2025, with GAAP net income up 10% in the quarter to $201.3 million and up 18% for the year to $760.2 million. Full-year GAAP net income per diluted share rose 21% to $14.46, and the company expects modest growth in 2025 Adjusted EBITDA and Adjusted EPS excluding reportable catastrophes, or high-single-digit growth excluding 2024 favorable prior year development.
Q4 2024 GAAP net income per diluted share was $3.87, up 13% from $3.42; Q4 Adjusted EBITDA rose 6% to $381.4 million.
Full-year 2024 Adjusted earnings, excluding reportable catastrophes, per diluted share rose 19% to $20.35.
2025 outlook calls for modest growth in Adjusted EBITDA and Adjusted EPS excluding reportable catastrophes, and high-single-digit growth excluding $107 million of 2024 favorable prior year development.
Holding company liquidity was $673 million at December 31, 2024; 2024 share repurchases and dividends totaled $456 million.
Assurant said it expects about $50 million pre-tax, or $40 million after-tax, in reportable catastrophe losses for fourth quarter 2024, which is more favorable than early estimates given on its third quarter call. The company also agreed to sell its Miami, Florida campus for $126 million, subject to buyer development approvals that could take 18 to 24 months, and it expects California wildfires to be a reportable catastrophe in first quarter 2025.
Q4 2024 reportable catastrophes expected at about $50 million pre-tax ($40 million after-tax), mainly in lender-placed within Global Housing and largely from Hurricane Milton
Miami campus sale agreement dated January 22, 2025, at a purchase price of $126 million, with a 90-day buyer due diligence period
Closing expected within 30 days after buyer receives development approvals, which could take 18 to 24 months
California wildfires expected to be a reportable catastrophe in Q1 2025; more detail planned for the February 12, 2025 earnings call
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Assurant filing is on SEC EDGAR ↗. 8-K briefs of other companies →