Assurant (AIZ) Q1 2025 10-Q Quarterly Report

Filed: May 8, 2025Period ending Mar 31, 2025
Financials
Insurance Carriers, NECSEC EDGAR

Assurant (AIZ) 10-Q quarterly report for Q1 2025, filed with SEC EDGAR on May 8, 2025 for the fiscal period ending Mar 31, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Assurant Q1 2025 10-Q Analysis

Risk Factors

  • No new risk factors added this quarter; focus remains on liquidity and debt maturity management
  • Material update on liquidity risk: operating cash inflows improved to $392.4M Q1 2025 vs $82.5M Q1 2024 due to business growth and new programs
  • Legal/compliance risk: $1.6M letters of credit outstanding as of March 31, 2025, supporting reinsurance with indemnification obligations to financial institutions
  • Operational risk: exposure to upcoming senior note maturities of $175M in February 2026 and $300M in March 2028 requiring refinancing or repayment strategies
  • Financial risk: $500M revolving credit facility available until Dec 2026 remains undrawn, supporting commercial paper program backed by strong credit ratings (A.M. Best AMB-1+)

Assurant Q1 2025 Quarterly Financials
XBRL

Revenue

$3.1B

+6.7% YoY

Net Income

$147M

-38.0% YoY

Net Margin

4.8%

-344bp YoY

Source: XBRL data from Assurant Q1 2025 10-Q filing on SEC EDGAR. All figures in USD.

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