Slide 1: First Quarter 2026 Results
First Quarter 2026 Results Investor Presentation © 2026 Assurant, Inc. All rights reserved. Company confidential. 1
Slide 2: Keith Demmings Keith Meier
Keith Demmings Keith Meier President Executive Vice President & Chief Executive Officer & Chief Financial Officer © 2026 Assurant, Inc. All rights reserved. Company confidential. 2
Slide 3: Cautionary Statement
Cautionary Statement Some of the statements in this presentation, including our business and financial plans and any statements regarding our anticipated future financial performance, business prospects, growth, operating strategies, valuation and similar matters, such as performance outlook, financ
Slide 4: First Quarter: Delivered Strong Start to 2026
First Quarter: Delivered Strong Start to 2026 Strongest Quarter in History Demonstrating Momentum Across Assurant Delivered 6% Adjusted EBITDA growth and 9% Adjusted EPS +6% growth growth, both excl. cats(1) Adjusted EBITDA, excl. cats(1) Record Global Lifestyle Adjusted EBITDA Increasing our 2026 E
Slide 5: Global Lifestyle Highlights Record Earnings with Double-Digit Growth
GLOBAL LIFESTYLE Global Lifestyle Highlights Global Lifestyle Adjusted EBITDA ($ millions) $237 Record Earnings $198 +20% 90 with Double- 73 Digit Growth Across Our 125 147 Businesses Q1'25 Q1'26 Connected Living Global Automotive © 2026 Assurant, Inc. All rights reserved. Company confidential. 5
Slide 6: Connected Living Highlights
GLOBAL LIFESTYLE Connected Living Highlights 2024-2025 Investments Driving 2026 Earnings Growth Client Renewals New Business Wins Momentum Driving Attractive Earnings Growth • Key U.S. mobile carrier • Leading mobile carrier in partner Australia Connected Living • Both U.S. cable operators • World’s
Slide 7: Mobile's Embedded, Scalable Growth Model
Mobile’s Embedded, Scalable Growth Model Key Advantages Underpin Mobile’s Growth Multiple growth paths Deep client partnerships Innovation-led operating model • Integrated capabilities across • Embedded partnerships • Technology-enabled workflows protection, trade-in and repair • Transparency in per
Slide 8: Global Automotive Highlights
GLOBAL LIFESTYLE Global Automotive Highlights Global Automotive Adjusted EBITDA ($ millions) Strong Growth with Continued Loss Improvement $90 Global Automotive +23% • Strong start to the year $73 • Q1’26 earnings growth of 23%, supported by: - Higher investment income, including $10M from a real es
Slide 9: Global Housing Highlights
Global Housing Global Housing Highlights Global Housing Adjusted EBITDA, excl. cats(1) ($ millions) Consistent Performance With Solid Underlying Growth $269 -3% $261 $26 $19 Homeowners Consistent ex. PYD • Delivered 11% top-line growth • Renewed two key lender-placed clients • Demonstrated different
Slide 10: Track Record of Strong Growth Over the Long Term
Track Record of Strong Growth Over the Long Term Multi-Year Track Record of Strong, Resilient Performance Adj. EBITDA, excl. cats(1) ROE(2) 5-Year Track $1,734 16% Record $1,008 11% 14% 5yr CAGR Total Shareholder Return of 93%(3) 5yr Avg 2020 2025 + 2025 = Adj. EPS, excl. cats(1) ROTE(2) Cumulative
Slide 11: We Have a Track Record of Strong Adj. Earnings and Adj. EPS Growth
We Have a Track Record of Strong Adj. Earnings and Adj. EPS Growth Assurant vs. P&C Market Median(1,2) 5-Year CAGR (2020 – 2025) Earnings Growth Comparison EPS Growth Comparison 15.2% 19.1% Adj. earnings, Adj. EPS, incl. incl. cats(1) cats(1) 13.5% 16.8% 12.8% 16.8% Adj. earnings, Adj. EPS, excl. ex
Slide 12: Assurant Represents an Attractive Investment with Meaningful Upside
Assurant Represents an Attractive Investment with Meaningful Upside 1 Powerful Business Model Focus on B2B2C distribution, 2 Track Record of Winning Long-tenured client base 3 Strong Performance with Less Volatility Delivered 9 consecutive 4 Compelling Growth Opportunities Ahead Reinforce position i
Slide 13: Enterprise Q1'26 Financial Highlights
ENTERPRISE Enterprise Q1’26 Financial Adjusted EBITDA, excl. cats(1) ($ millions) Highlights Increased Momentum in Global Lifestyle and Consistent Underlying +6% $466 Performance in Global Housing $439 Growth Delivered Growth in Adjusted EBITDA and Adjusted EPS, both excl. cats(1) • Growth led by Gl
Slide 14: Q1'26 Segment Financial Highlights
Q1’26 Segment Financial Global Lifestyle Adjusted EBITDA ($ millions) Highlights $237 Q1 2026 Global Lifestyle Highlights $198 +20% 90 • Adjusted EBITDA increased 20% or $39 million 73 • Connected Living Adjusted EBITDA increased 18% from optimization of new programs, expansion with existing clients
Slide 15: 2026 Catastrophe Reinsurance Program
2026 Catastrophe U.S. Catastrophe Reinsurance Program Reinsurance Program $1,750M 1-265-year PML Program Highlights Layer 5 – 700M xs 1,050M • U.S. program provides ~$1.6 billion of coverage in excess of $160 million retention(1) $1,050M • When combined with the Florida Hurricane Catastrophe Fund, t
Slide 16: Our Significant Cash Generation and Balanced Capital Allocation Create Shareholder Value
Our Significant Cash Generation and Balanced Capital Allocation Create Shareholder Value Returned $169 million to Shareholders in Q1’26 Significant Cash Common Stock Share Organic Investment Generation Dividends Repurchases and M&A Business Segment Dividends (2020-Q1’2026)(1) 21 consecutive years ~7
Slide 17: 2026 Enterprise Outlook
2026 Enterprise Outlook 2026 Enterprise Outlook: Adj. EBITDA, excl. cats(1) 2025 2026 2026 Results Outlook Outlook ex. Ex. PYD(2), PYD(2) high single $1,734 digits $113 Adjusted EBITDA, $1.734B Low single digits High single digits excl. cats(1) $1,621 2025 2026 Outlook Adjusted EPS, = Prior Year Res
Slide 18: Rebekah Biondo Sean Moshier
Rebekah Biondo Sean Moshier Deputy Chief Financial Officer Head of Investor Relations Questions? Contact: investor.relations@assurant.com © 2026 Assurant, Inc. All rights reserved. Company confidential. 18
Slide 19: Appendix
Appendix © 2026 Assurant, Inc. All rights reserved. Company confidential. 19 18
Slide 20: 2026 Outlook: Adjusted EBITDA to Adjusted Earnings Walk
2026 Outlook: Adjusted EBITDA to Adjusted Earnings Walk 2025 2026 Actuals Outlook (1) Adjusted EBITDA, excl. cats (millions) $1,734 Low Single Digits (-) Depreciation Expense $(156) ~$(180) (-) Interest Expense $(110) ~$(113) (-) Taxes $(293) ~19-21% (1) Adjusted Earnings, excl. cats (millions) $1,1
Slide 21: Exhibit 1: Safe Harbor Statement
Exhibit 1: Safe Harbor Statement Some of the statements in this presentation, including our business and financial plans and any statements regarding our anticipated future financial performance, business prospects, growth, operating strategies, valuation and similar matters, such as performance out
Slide 22: Exhibit 2: Non-GAAP Financial Measures
Exhibit 2: Non-GAAP Financial Measures Assurant uses the following non-GAAP financial measures to analyze the company’s operating performance. Assurant’s non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP financial measures. Because Assurant’s calculation o
Slide 23: Exhibit 2: Non-GAAP Financial Measures
Exhibit 2: Non-GAAP Financial Measures (UNAUDITED) Twelve Months ($ in millions) 2025 2024 2023 2022 2021 2020 GAAP net income from continuing operations $ 872.7 $ 760.2 $ 642.5 $ 276.6 $ 602.9 $ 519.4 Less: Interest expense 109.7 107.0 108.0 108.3 111.8 104.5 Provision for income taxes 214.7 167.1
Slide 24: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) (UNAUDITED) 1Q ($ in millions) 2026 2025 GAAP Global Housing Adjusted EBITDA $ 236.7 $ 112.4 Reportable catastrophes, pre-tax 24.4 156.7 Global Housing Adjusted EBITDA, excluding reportable catastrophes $ 261.1 $ 269.1 © 2026 Assurant, Inc. All righ
Slide 25: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) Adjusted Earnings per Diluted Share: Assurant uses Adjusted earnings per diluted share as an important (UNAUDITED) 1Q measure of the company’s stockholder value. Assurant defines Adjusted earnings per diluted share as (i) net ($ in millions) 2026 20
Slide 26: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) (UNAUDITED) 1Q 2026 2025 GAAP net income per diluted share $ 5.41 $ 2.83 Adjustments per diluted share, pre-tax: Net realized losses (gains) on investments and fair value changes to equity securities 0.42 0.31 Amortization of purchased intangible as
Slide 27: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) (UNAUDITED) Twelve Months ($ in millions) 2025 2024 2023 2022 2021 2020 GAAP net income from continuing operations $ 872.7 $ 760.2 $ 642.5 $ 276.6 $ 602.9 $ 519.4 Adjustments, pre-tax: Net realized losses (gains) on investments and fair value change
Slide 28: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) (UNAUDITED) Twelve Months 2025 2024 2023 2022 2021 2020 GAAP net income from continuing operations per diluted share $ 16.93 $ 14.46 $ 11.95 $ 5.05 $ 10.03 $ 8.21 Adjustments per diluted share, pre-tax: Net realized losses (gains) on investments and
Slide 29: Exhibit 2: Non-GAAP Financial Measures (Continued)
Exhibit 2: Non-GAAP Financial Measures (Continued) Global Housing Non-Catastrophe Loss Ratio: Assurant uses the Global Housing non-catastrophe loss ratio as an important measure of the segment's operating performance. Assurant defines the Global Housing non-catastrophe loss ratio as segment policyho
Slide 30: ROE: annualized operating return on common stockholders' equity, excluding AOCI
Exhibit 2: Non-GAAP Financial Measures (Continued) ROE: Assurant uses annualized operating return on common stockholders' equity, excluding AOCI (" ROE"), as an important measure of the company’s operating performance. Assurant defines ROE as Adjusted earnings (defined above) divided by average comm
Slide 31: ROTE: annualized operating return on tangible common stockholders' equity, excluding AOCI
Exhibit 2: Non-GAAP Financial Measures (Continued) ROTE: Assurant uses annualized operating return on tangible common stockholders' equity, excluding AOCI ("ROTE"), as an important measure of the company’s operating performance. Assurant defines ROTE as Adjusted earnings (defined above) divided by a
Slide 32: Forward-looking non-GAAP outlook measures
Exhibit 2: Non-GAAP Financial Measures (Continued) The company outlook for each of Adjusted earnings, excluding reportable catastrophes, per diluted share and, for Assurant and Global Housing, Adjusted EBITDA, excluding reportable catastrophes, each including and excluding 2025 prior year reserve de
Slide 33: Exhibit 3: Regulatory Requirements
Exhibit 3: Regulatory Requirements Assurant, Inc. is an insurance holding company, with insurance subsidiaries domiciled in a number of states in the U.S. and international jurisdictions. The ownership of our stock is subject to certain state and foreign insurance law requirements. Those are typical
Slide 34: Exhibit 4: Peer Earnings Definition from S&P Capital IQ Market Intelligence
Exhibit 4: Peer Earnings Definition from S&P Capital IQ Market Intelligence AIZ Metric Peer Earnings Metric Definition Source Adjusted earnings Operating income after taxes: Net income after taxes, less the net income SNL (S&P Capital IQ Market Intelligence) attributable to noncontrolling interest,