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Stock Market & Financial Investment News

News Breaks
February 6, 2013
18:19 EDTAIZAssurant CEO says “Superstorm Sandy" impacted Q4, FY12 results
“Superstorm Sandy significantly affected our results for the fourth quarter and full-year 2012 as we helped our customers recover from the devastation. With 2013 underway, we remain focused on profitable growth and achieving steady improvements across our businesses as we continue to provide our customers with superior service,” said Robert B. Pollock, president and CEO.
News For AIZ From The Last 14 Days
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October 29, 2014
16:32 EDTAIZAssurant reports Q3 EPS $1.82, consensus $1.57
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15:53 EDTAIZNotable companies reporting after market close
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October 16, 2014
18:27 EDTAIZGlobal Indemnity to purchase American Reliable Insurance from Assurant
Global Indemnity's (GBLI) U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant (AIZ). In a transaction with an enterprise value of approximately $394M, Global Indemnity's U.S. division will pay approximately $114M in cash to Assurant at closing - which could be increased to approximately $120M to account for net earnings between June 30 and the closing - and assume approximately $280M in customary insurance related liabilities, obligations, and mandates.
18:21 EDTAIZAssurant to sell American Reliable Insurance to Global Indemnity for $114M cash
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