Assurant, Inc. · NYSE:AIZ
Assurant — Q2 2006 Earnings Presentation
17 slides from Assurant's earnings presentation, Aug 3, 2006
Slide 1: Assurant, Inc. Financial Supplement as of June 30, 2006
Exhibit 99.2 Assurant, Inc. (AIZ) Financial Supplement as of June 30, 2006
Slide 2: Index to Supplement
ASSURANT, INC. AND SUBSIDIARIES EARNINGS RELEASE SUPPLEMENT AS OF JUNE 30, 2006 INDEX TO SUPPLEMENT Page: REGULATION G – NON GAAP MEASURES 1 SUMMARY FINANCIAL HIGHLIGHTS (unaudited) 2 SEGMENTED BALANCE SHEETS (unaudited) 4 RECONCILIATION OF NET OPERATING INCOME TO NET INCOME (unaudited) 5 CONDENSED
Slide 3: Regulation G – Non GAAP Measures
Regulation G – Non GAAP Measures Assurant uses the following non-GAAP financial measures to analyze the company’s operating performance for the periods presented in the press release. Because Assurant’s calculation of these measures may differ from similar measures used by other companies, investors
Slide 4: Summary Financial Highlights
Assurant, Inc. and Subsidiaries Summary Financial Highlights (Unaudited) For the Three-Months Ended For the Six-Months Ended June 30, June 30, ($ in thousands, except per share amounts) 2006 2005 2006 2005 Net operating income (1) $ 149,659 $ 130,176 $ 313,478 $ 245,294 Net realized gain (loss) from
Slide 5: Summary Financial Highlights (continued)
Assurant, Inc. and Subsidiaries Summary Financial Highlights (continued) (Unaudited) As of As of June 30, December 31, ($ in thousands, except per share amounts) 2006 2005 Total assets $ 24,532,416 $ 25,365,453 Total stockholders’ equity $ 3,570,354 $ 3,699,559 Total stockholders’ equity (excluding
Slide 6: Segmented Condensed Balance Sheets
Assurant, Inc. and Subsidiaries Segmented Condensed Balance Sheets At June 30, 2006 and December 31, 2005 (Unaudited) At June 30, 2006 Specialty Employee Corporate & Solutions Property Health Benefits Other(1) Consolidated ($ in thousands) Assets Investments and cash and cash equivalents $ 7,013,492
Slide 7: Reconciliation of Net Operating Income to Net Income
Assurant, Inc. and Subsidiaries Reconciliation of Net Operating Income to Net Income (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands, net of tax) 2006 2006 2005 2005 2005 2005 2006 2005
Slide 8: Consolidated Condensed Statement of Operations
Assurant, Inc. and Subsidiaries Consolidated Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Revenues: Net ear
Slide 9: Assurant Solutions Condensed Statement of Operations
Assurant Solutions Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Revenues: Net earned premiums and other con
Slide 10: Assurant Specialty Property Condensed Statement of Operations
Assurant Specialty Property Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Revenues: Net earned premiums and
Slide 11: Assurant Health Condensed Statement of Operations
Assurant Health Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Revenues: Net earned premiums and other consid
Slide 12: Assurant Health (continued)
Assurant Health (continued) Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Sales (Annualized issued premiums)
Slide 13: Assurant Employee Benefits Condensed Statement of Operations
Assurant Employee Benefits Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Revenues: Net earned premiums and o
Slide 14: Assurant Employee Benefits (continued)
Assurant Employee Benefits (continued) Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Sales: Group dental $12
Slide 15: Assurant Corporate and Other Condensed Statement of Operations
Assurant Corporate and Other Condensed Statement of Operations (Unaudited) For the Three Months Ended For the Six Months Ended June 30, March 31, December 31, September 30, June 30, March 31, June 30, June 30, ($ in thousands) 2006 2006 2005 2005 2005 2005 2006 2005 Revenues: Net earned premiums and
Slide 16: Investments
Assurant, Inc. and Subsidiaries Investments (Unaudited) As of As of June 30, December 31, ($ in thousands) 2006 2005 Investments by Type Fixed maturities: available-for-sale, at fair value $ 8,866,664 $ 8,961,778 Equity Securities: available-for-sale Preferred stocks 729,225 691,523 Common stocks 1,
Slide 17: Investment Results by Asset Category and Annualized Yields
Assurant, Inc. Investment Results by Asset Category and Annualized Yields (Unaudited) For the Three Months Ended For the Three Months Ended For the Six Months Ended For the Six Months Ended June 30, 2006 June 30, 2005 June 30, 2006 June 30, 2005 Investment Investment Investment Investment Investment