From BigGo Finance · BigGo Finance · · 1m 50s
Assurant Raises Full-Year Outlook After 12% EPS Growth
Assurant boosts 2026 earnings forecast with 12% adjusted EPS growth and targets 10th straight year of profit growth.
In brief
Assurant boosts 2026 earnings forecast with 12% adjusted EPS growth and targets 10th straight year of profit growth. Assurant raised its full-year 2026 outlook after reporting 12% adjusted EPS growth and aims for 10th consecutive year of profit growth. Originally reported by BigGo Finance.
Assurant Q3 2026 Results
![[Assurant Q3 2026 Earnings Call] Assurant Raises Full-Year Outlook After 12% Adjusted EPS Growth, Targets 10th Straight Year of Profit Growth](https://img.biggo.com/WRzpxHbDg9xIWFC8upMKuAa9HKHL6cjv2oltHcIqbp0/fit/1720/0/sm/0/aHR0cHM6Ly9pbWcuYmdvLm9uZS9uZXdzLWltYWdlL2Vhcm5pbmdzX2NhcmQvMjAyNi0xMS9VU19BSVpfMjAyNi0xMS0wNF8xNzkzODAzNzQyLndlYnA.webp)
Assurant reported strong third quarter results on November 4, 2026, with adjusted EBITDA and adjusted EPS rising 12% year-over-year excluding reportable catastrophes.
12% Adjusted EPS Growth
Adjusted earnings per share grew 12% year-over-year excluding reportable catastrophes, extending Assurant's 10th consecutive year of profitable growth.
Global Lifestyle Growth
Global Lifestyle led growth with 15% adjusted EBITDA increase driven by 23% jump in Connected Living.
Connected Living Expansion
Connected Living services 7.6 million devices globally with 3.7 million new protected devices added over 12 months.
Global Housing Performance
Global Housing reported $268 million adjusted EBITDA excluding $20 million in catastrophe losses.
Share Repurchase Target
Management increased share repurchase target to $350 million from initial $250 million-$350 million range.
CEO Keith Demmings
CEO Keith Demmings highlighted Assurant's 10th consecutive year of profitable growth and embedded B2B2C model.
Auto Premium Growth
Global Automotive net written premium grew 25% year-over-year despite analyst scrutiny on sustainability.
Starlink Wireless Threat
Management expressed confidence in wireless market despite potential Starlink entry and AI-driven comparison shopping.
AI Efficiency Gains
AI adoption improved operations, call centers, and device care centers with potential for reinvestment in growth.
iPhone Duo Impact
iPhone Duo rollout has minimal seasonality impact with net positive effect on device protection claims.
2026 Outlook Update
Management raised full-year 2026 outlook to expect 10% adjusted EBITDA growth and low-double-digit EPS growth.
Next Steps
Assurant will provide more details on 2027 outlook during February 2027 earnings call.
The big picture
Assurant raised its full-year 2026 outlook after reporting 12% adjusted EPS growth and aims for 10th consecutive year of profit growth.
