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Get filing alertsAssurant reports record Q2 2026 earnings, raises full-year outlook to mid-single-digit growth
Filed August 4, 2026 · Period ending August 4, 2026 · ~2 min read
Key Changes
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Q2 2026 GAAP net income rose 27% to $298.6M; adjusted EPS excluding catastrophes increased 19% to $6.60 from $5.56, driven by growth in Global Lifestyle and Global Housing segments and lower catastrophe losses.
Exhibit 99.1 view on EDGAR → -
high
Raised full-year 2026 outlook: adjusted EBITDA and EPS (excluding catastrophes) now expected to grow mid-single digits, or ~10% excluding prior-year reserve development; Global Lifestyle EBITDA expected up low double digits.
Exhibit 99.1 view on EDGAR → -
high
Global Lifestyle adjusted EBITDA grew 21% to $244.4M, with Connected Living up 29% (22% excluding $10M non-run-rate benefits) driven by global mobile, supply chain, device protection, and financial services growth.
Exhibit 99.1 view on EDGAR → -
high
Global Housing adjusted EBITDA increased 28% to $274.8M; excluding catastrophes, up 18% to $287.0M on favorable loss experience from lower claims frequency, reduced reinsurance costs, and specialty product growth.
Exhibit 99.1 view on EDGAR → -
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Returned $123M to shareholders in Q2 via $75M in buybacks (~310K shares) and $48M in dividends; repurchase guidance raised toward upper end of $300M-$350M range; $544M remains under current authorization.
Exhibit 99.1 view on EDGAR →
Summary
Assurant delivered strong second-quarter 2026 results with GAAP net income up 27% to $298.6 million and adjusted earnings per share (excluding catastrophes) rising 19% to $6.60.
Both core segments contributed: Global Lifestyle adjusted EBITDA grew 21% to $244.4 million, driven by 29% growth in Connected Living (22% on an underlying basis) from global mobile expansion, supply chain volumes, device protection programs, and financial services.
Global Housing adjusted EBITDA increased 28% to $274.8 million, or 18% excluding lower catastrophe losses, reflecting favorable non-catastrophe loss experience from reduced claims frequency, lower reinsurance costs, and growth in specialty products and lender-placed insurance. The company raised its full-year 2026 outlook, now expecting adjusted EBITDA and earnings per share (both excluding catastrophes) to grow mid-single digits, or approximately 10% on an underlying basis excluding prior-year reserve development. Global Lifestyle EBITDA is projected to increase low double digits. Assurant also increased share repurchase guidance toward the upper end of its $300 million to $350 million range, having returned $123 million to shareholders in the quarter through $75 million in buybacks and $48 million in dividends. With holding company liquidity of $911 million—$686 million above minimum levels—and $544 million remaining under the current repurchase authorization, the company maintains financial flexibility to support both organic growth initiatives and capital returns.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Assurant disclosed Q2 2026 financial results via press release.
Added in current filing · verify on EDGAR →
On August 4, 2026, Assurant, Inc. (the “Company”) issued a news release announcing its financial results for the quarter ended June 30, 2026.
Assurant announced its financial results for the second quarter of 2026. The 8-K references a press release (Exhibit 99.1) containing the detailed results, but the 8-K body itself does not disclose specific financial metrics such as revenue, earnings per share, or segment performance.
Event · Exhibit 99.1
Assurant reports record Q2 2026 earnings, raises full-year outlook to mid-single-digit growth, and increases share repurchase guidance.
Added in current filing · view on EDGAR →
GAAP net income increased 27 percent to $298.6 million compared to second quarter 2025 of $235.3 million, primarily driven by higher Global Lifestyle and Global Housing earnings, and lower reportable catastrophes, partially offset by the impact of a higher effective tax rate and higher Corporate and Other expenses.
Assurant reported GAAP net income of $298.6 million for Q2 2026, up 27% from $235.3 million in Q2 2025. Adjusted EBITDA increased 24% to $479.2 million. Excluding reportable catastrophes, Adjusted EBITDA rose 18% to $491.4 million. Adjusted earnings per diluted share, excluding reportable catastrophes, increased 19% to $6.60 from $5.56. The strong performance was driven by growth in both Global Lifestyle and Global Housing segments.
Added in current filing · view on EDGAR →
Adjusted EBITDA increased 21 percent compared to second quarter 2025, driven by earnings growth across Connected Living and Global Automotive. Connected Living increased 29 percent, including $10 million of favorable non-run rate benefits in second quarter 2026. Excluding this, earnings grew 22 percent, primarily driven by global mobile growth, including global supply chain and device protection programs, as well as higher contributions from financial services.
Global Lifestyle Adjusted EBITDA grew 21% to $244.4 million in Q2 2026. Connected Living earnings increased 29% (22% excluding $10 million of non-run rate benefits), driven by global mobile growth, supply chain volumes, device protection programs, and financial services. Net earned premiums, fees and other income rose 9% to $2.57 billion.
Added in current filing · view on EDGAR →
Adjusted EBITDA increased 28 percent compared to second quarter 2025. Results included $17.6 million of lower pre-tax reportable catastrophes. Excluding reportable catastrophes, Adjusted EBITDA2 increased 18 percent, mainly driven by favorable non-catastrophe loss experience, primarily from lower than typical claims frequency. In Homeowners, results also benefitted from lower catastrophe reinsurance costs and growth in specialty products and lender-placed. Global Housing growth was partially offset by $12 million of lower favorable prior period reserve development (PPD) (a).
Global Housing Adjusted EBITDA increased 28% to $274.8 million. Excluding reportable catastrophes, Adjusted EBITDA rose 18% to $287.0 million, driven by favorable non-catastrophe loss experience from lower claims frequency, reduced catastrophe reinsurance costs, and growth in specialty products and lender-placed insurance. Net earned premiums, fees and other income increased 7% to $747.8 million.
Added in current filing · view on EDGAR → · paraphrased
Based on current macroeconomic conditions, the company now expects the following: ... Adjusted EBITDA, ex. reportable catastrophes2 ... 2026 Outlook6, (b) Mid Single Digits ... 2026 Outlook ex. PYD(c) Approximately 10% ... Adjusted earnings, ex. reportable catastrophes, per diluted share4 ... 2026 Outlook6, (b) Mid Single Digits ... 2026 Outlook ex. PYD(c) Approximately 10%
Assurant raised its full-year 2026 outlook. The company now expects Adjusted EBITDA and Adjusted earnings per share, both excluding reportable catastrophes, to grow mid-single digits, or approximately 10% on an underlying basis excluding prior year reserve development. Global Lifestyle Adjusted EBITDA is expected to increase low double digits. Share repurchases are now expected toward the upper end of the $300 million to $350 million range.
Added in current filing · view on EDGAR →
Share repurchases and common stock dividends totaled $123 million in second quarter 2026. During second quarter 2026, Assurant repurchased approximately 310 thousand shares of common stock for $75 million and paid $48 million in common stock dividends. From July 1 through July 31, 2026, the company repurchased approximately 108 thousand shares for $30 million. $544 million remains under the current repurchase authorization.
Assurant returned $123 million to shareholders in Q2 2026 through $75 million in share repurchases (approximately 310,000 shares) and $48 million in dividends. An additional $30 million in repurchases (approximately 108,000 shares) occurred in July 2026. Holding company liquidity totaled $911 million as of June 30, 2026, $686 million above the minimum level.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 5, 2026 · How we verify