Assurant, Inc.

NYSE:AIZ Stock Report

Market Cap: US$10.9b

Assurant Management

Management criteria checks 3/4

Assurant's CEO is Keith Demmings, appointed in May 2021, has a tenure of 3.58 years. total yearly compensation is $10.33M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $17.08M. The average tenure of the management team and the board of directors is 3.9 years and 5.1 years respectively.

Key information

Keith Demmings

Chief executive officer

US$10.3m

Total compensation

CEO salary percentage9.7%
CEO tenure3.6yrs
CEO ownership0.2%
Management average tenure3.9yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

Assurant, Inc. (NYSE:AIZ) Doing What It Can To Lift Shares

Dec 17
Assurant, Inc. (NYSE:AIZ) Doing What It Can To Lift Shares

Should You Be Adding Assurant (NYSE:AIZ) To Your Watchlist Today?

Nov 25
Should You Be Adding Assurant (NYSE:AIZ) To Your Watchlist Today?

Assurant: Niche Markets Lead To Consistent Growth

Sep 11

Market Cool On Assurant, Inc.'s (NYSE:AIZ) Earnings

Aug 29
Market Cool On Assurant, Inc.'s (NYSE:AIZ) Earnings

Here's Why Assurant (NYSE:AIZ) Has Caught The Eye Of Investors

Jul 26
Here's Why Assurant (NYSE:AIZ) Has Caught The Eye Of Investors

Assurant: The Growth Story Remains Solid

Jul 12

Assurant, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 09
Assurant, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Assurant, Inc.'s (NYSE:AIZ) Subdued P/E Might Signal An Opportunity

Apr 29
Assurant, Inc.'s (NYSE:AIZ) Subdued P/E Might Signal An Opportunity

Assurant: My Peter Lynch Story, But The Stock Is A Hold

Jan 11

Assurant: Rapid Growth And An Improving Portfolio

Oct 23

Assurant Remains Cheaply Valued, Even After Its Rally

Sep 20

Assurant: Growth And Sticky Rate Hikes Reduce Upside, Downgrade To Hold

Jun 28

Assurant Q4 2022 Earnings Preview

Feb 06

Assurant declares $0.70 dividend

Jan 19

Assurant Is Trading At A Nearly 5-Year Low Valuation Level

Jan 10

Assurant announces cost-cutting plan, expects $55M in annual run rate savings by 2024-end

Dec 13

Assurant Non-GAAP EPS of $1.01 beats by $0.01, revenue of $2.55B misses by $50M

Nov 01

Assurant Has Become Undervalued

Oct 04

Assurant and T-Mobile enter a multi-year agreement for device protection solutions

Sep 26

Assurant Non-GAAP EPS of $2.95 misses by $0.23, revenue of $2.51B misses by $120M

Aug 02

Assurant Likely To Remain A Safe Haven In The Ongoing Bear Market

Jul 10

CEO Compensation Analysis

How has Keith Demmings's remuneration changed compared to Assurant's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$741m

Jun 30 2024n/an/a

US$798m

Mar 31 2024n/an/a

US$765m

Dec 31 2023US$10mUS$1m

US$643m

Sep 30 2023n/an/a

US$528m

Jun 30 2023n/an/a

US$345m

Mar 31 2023n/an/a

US$241m

Dec 31 2022US$8mUS$988k

US$277m

Sep 30 2022n/an/a

US$333m

Jun 30 2022n/an/a

US$476m

Mar 31 2022n/an/a

US$611m

Dec 31 2021US$4mUS$637k

US$598m

Sep 30 2021n/an/a

US$589m

Jun 30 2021n/an/a

US$521m

Mar 31 2021n/an/a

US$494m

Dec 31 2020US$3mUS$544k

US$500m

Sep 30 2020n/an/a

US$509m

Jun 30 2020n/an/a

US$366m

Mar 31 2020n/an/a

US$346m

Dec 31 2019US$3mUS$529k

US$284m

Compensation vs Market: Keith's total compensation ($USD10.33M) is about average for companies of similar size in the US market ($USD12.88M).

Compensation vs Earnings: Keith's compensation has increased by more than 20% in the past year.

CEO

Keith Demmings (51 yo)

3.6yrs

Tenure

US$10,331,024

Compensation

Mr. Keith Warner Demmings has been President of Assurant, Inc. since May 18, 2021, and serves as its Chief Executive Officer and Director since January 1, 2022. Mr. Demmings is responsible for leading Assu...

Leadership Team

NamePositionTenureCompensationOwnership
Keith Demmings
President3.6yrsUS$10.33m0.16%
$ 17.1m
Keith Meier
Executive VP & CFO1.1yrsUS$3.63m0.046%
$ 5.1m
Francesca Luthi
Executive VP & COO1.1yrsUS$2.89m0.021%
$ 2.3m
Robert Lonergan
Executive VP and Chief Marketing & Risk Officerno dataUS$2.49m0.039%
$ 4.2m
Michael Campbell
Executive VP & President of Global Housing8.4yrsUS$2.49m0.029%
$ 3.2m
Vadim Lipovetsky
Chief Investment Officer4.3yrsno datano data
Dimitry DiRienzo
Senior VP4.3yrsno data0.0091%
$ 988.5k
Joseph Surber
Chief Technology Officer5.9yrsno datano data
Sean Moshier
Vice President of Investor Relations1.1yrsno datano data
Jay Rosenblum
Executive VP & Chief Legal Officer4.8yrsno data0.018%
$ 2.0m
Stacie Sherer
Vice President of Corporate Communicationsno datano datano data
Subhashish Sengupta
Chief People Officerless than a yearno datano data

3.9yrs

Average Tenure

51yo

Average Age

Experienced Management: AIZ's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Keith Demmings
President2.9yrsUS$10.33m0.16%
$ 17.1m
Paget Alves
Independent Director5.1yrsUS$265.28k0%
$ 0
Lawrence Jackson
Independent Director15.4yrsUS$288.18k0.019%
$ 2.1m
Elaine Rosen
Independent Non-Executive Chair of the Board15.8yrsUS$474.05k0.019%
$ 2.1m
Debra Perry
Independent Director7.3yrsUS$288.78k0%
$ 0
Harriet Edelman
Independent Director7.3yrsUS$286.28k0%
$ 0
Paul Reilly
Independent Director13.5yrsUS$295.53k0.0086%
$ 941.7k
J. Carter
Independent Director4.4yrsUS$265.23k0.0038%
$ 413.7k
Sari Granat
Independent Director2.6yrsUS$266.03k0%
$ 0
Ognjen Redzic
Independent Director5.1yrsUS$265.13k0%
$ 0
Rajiv Basu
Independent Director1.8yrsUS$245.14kno data

5.1yrs

Average Tenure

67.5yo

Average Age

Experienced Board: AIZ's board of directors are considered experienced (5.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 21:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Assurant, Inc. is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alan DevlinAtlantic Equities LLP
Grace CarterBofA Global Research
Catherine SeifertCFRA Equity Research