other material
confidence high
sentiment negative
materiality 0.65
Assurant expects Q2 2024 Global Housing catastrophe losses of ~$46M pre-tax
ASSURANT, INC.
- Approximately $46M pre-tax ($36M after-tax) in reportable catastrophe losses for Q2 2024.
- Five reportable events driven by severe convective storms across Southwest, Midwest and Southeast.
- No single event expected to exceed $15M in pre-tax losses; losses primarily from lender-placed products.
- Full Q2 results to be reported on August 6, 2024.