Assurant (AIZ) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, February 11, 2026 astatine 8:26 AM CST 41 min read

Image source: The Motley Fool.

Wednesday, February 11, 2026 astatine 8:00 a.m. ET

• President and Chief Executive Officer — Keith Demmings

• Chief Financial Officer — Keith Meier

Need a punctuation from a Motley Fool analyst? Email [email protected]

Keith Demmings, our President and Chief Executive Officer, and Keith Meier, our Chief Financial Officer. Yesterday, aft the marketplace closed, we issued a quality merchandise announcing our results for the 4th fourth and afloat twelvemonth 2025. The merchandise and corresponding fiscal supplement are disposable connected assurant.com. Also connected our website is simply a descent presumption for our webcast participants. Some of the statements made contiguous are forward-looking. Forward-looking statements are based upon our humanities show and existent expectations and are taxable to risks, uncertainties, and different factors that whitethorn origin existent results to disagree materially from those contemplated by these statements.

Additional accusation regarding these factors tin beryllium recovered successful the net release, presentation, and fiscal supplement connected our website, arsenic good arsenic successful our SEC reports. During today's call, we volition notation to non-GAAP fiscal measures, which we judge are important successful evaluating the company's performance. For much details connected these measures, the astir comparable GAAP measures, and a reconciliation of the two, delight notation to the quality merchandise and supporting materials. We'll commencement today's telephone with remarks earlier moving into Q&A. I volition present crook the telephone implicit to Keith Demmings. Good morning, and convey you for joining us. 2025 was an exceptional twelvemonth for Assurant.

Keith Demmings: Marking our ninth consecutive twelvemonth of profitable growth. Our concern exemplary continues to outperform, supported by disciplined concern successful innovation crossed manner and lodging businesses. These investments are delivering simpler, faster, and much accordant outcomes for clients and are reinforcing a beardown instauration for semipermanent worth creation. In 2025, we delivered different twelvemonth of double-digit growth, including 11% for adjusted EBITDA and 12% for adjusted net per share, some excluding catastrophes. Including catastrophes, adjusted EBITDA and adjusted EPS grew 16-19%, underscoring the spot and resiliency of Assurant. At the halfway of that performance, and what genuinely differentiates us, is our people. Around the world, our teams amusement up each time with a relentless committedness to clients and customers.

Their dedication continues to elevate our marketplace leadership. I'm arrogant we were recognized connected Forbes World's Best Employers list, and we proceed to beryllium named amongst Fortune's America's Most Innovative Companies. These recognitions bespeak a civilization grounded successful collaboration, accountability, and a thrust to marque a meaningful impact. Our results this twelvemonth physique connected a multiyear way grounds of strong, resilient performance, highlighting net durability. Since 2020, adjusted EBITDA excluding CATS has accrued by good implicit $700 million, representing an 11% compound yearly maturation rate. At the aforesaid time, adjusted EPS excluding CATS grew to $22.81 per share, delivering a high-teens compound yearly maturation rate.