(AIZ) Assurant - Ratings and Ratios

Assurant Inc (NYSE:AIZ) is a company that specializes in providing specialized insurance products and services. They operate in two main areas: Global Lifestyle and Global Housing. The Global Lifestyle segment focuses on areas like mobile devices, extended warranties for electronics and appliances, credit insurance, and vehicle protection. This part of the business is all about protecting consumer goods and ensuring that people have coverage for their valuable possessions.

The Global Housing segment deals with insurance related to homes. This includes lender-placed insurance, which is often required by mortgage lenders when homeowners dont have enough insurance coverage. They also offer flood insurance, which is crucial for people living in high-risk areas, and renters insurance, which protects tenants from various risks. Additionally, they provide insurance for manufactured homes and condominiums, showing their diverse range in the housing market.

From a financial perspective, Assurant has a market cap of around $11 billion, with a price-to-earnings ratio of about 15.34 and a forward P/E of 11.88. Their price-to-book ratio is 2.10, and the price-to-sales ratio is 0.94. These metrics give investors an idea of how the company is valued relative to its earnings, book value, and sales.

Assurant has a long history, dating back to 1892, and is now headquartered in Atlanta, Georgia. They have a strong presence in North America, Latin America, Europe, and the Asia-Pacific region, making them a globally recognized player in their field. Their services are often integrated into the purchasing process, making them a behind-the-scenes but essential part of consumer transactions.