2018 Q4 Form 10-Q Financial Statement

#000162828018014005 Filed on November 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $2.317B $2.270B $1.586B
YoY Change 38.2% 43.11% -13.51%
Cost Of Revenue $680.9M $682.2M
YoY Change -0.19% 56.76%
Gross Profit $1.589B $904.2M
YoY Change 75.78% -35.36%
Gross Profit Margin 70.01% 57.0%
Selling, General & Admin $750.7M $736.5M $667.1M
YoY Change 0.67% 10.4% -19.98%
% of Gross Profit 46.34% 73.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.248B $736.5M $667.1M
YoY Change 49.26% 10.4% -19.98%
Operating Profit $852.9M $237.1M
YoY Change 259.72% -58.05%
Interest Expense -$26.30M $26.50M $12.20M
YoY Change 113.82% 117.21% -12.86%
% of Operating Profit 3.11% 5.15%
Other Income/Expense, Net
YoY Change
Pretax Income $42.90M $75.80M -$107.6M
YoY Change -72.9% -170.45% -148.71%
Income Tax $16.30M $22.80M -$50.30M
% Of Pretax Income 38.0% 30.08%
Net Earnings $20.30M $53.00M -$57.30M
YoY Change -93.51% -192.5% -139.68%
Net Earnings / Revenue 0.88% 2.33% -3.61%
Basic Earnings Per Share $0.32 $0.76 -$1.05
Diluted Earnings Per Share $0.32 $0.76 -$1.05
COMMON SHARES
Basic Shares Outstanding 62.05M shares 63.62M shares 54.52M shares
Diluted Shares Outstanding 63.80M shares 54.52M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.254B $1.307B $992.8M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $392.5M $381.7M $358.4M
YoY Change 12.92% 6.5% 6.32%
Goodwill $2.322B $2.313B $916.0M
YoY Change 153.0% 152.46% 9.09%
Intangibles $622.4M $642.8M $306.6M
YoY Change 115.66% 109.65% 16.45%
Long-Term Investments $15.09B $15.10B $11.64B
YoY Change 22.67% 29.71% -2.94%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $41.09B $43.44B $32.41B
YoY Change 29.04% 34.06% 7.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.187B $2.212B $2.363B
YoY Change 6.89% -6.39% 17.62%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.339B $6.294B $7.535B
YoY Change -13.79% -16.47% 28.89%
LONG-TERM LIABILITIES
Long-Term Debt $2.006B $2.005B $1.068B
YoY Change 87.83% 87.73% -8.4%
Other Long-Term Liabilities $1.508B $1.456B $149.0M
YoY Change 114.81% 877.18% -53.14%
Total Long-Term Liabilities $3.514B $3.461B $1.217B
YoY Change 98.53% 184.39% -17.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.339B $6.294B $7.535B
Total Long-Term Liabilities $3.514B $3.461B $1.217B
Total Liabilities $35.96B $38.20B $28.27B
YoY Change 30.46% 35.15% 9.65%
SHAREHOLDERS EQUITY
Retained Earnings $5.760B $5.777B $5.415B
YoY Change 1.1% 6.69% 2.25%
Common Stock $4.497B $4.480B $3.188B
YoY Change 40.56% 40.53% 0.58%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.992B $4.943B $4.721B
YoY Change 2.72% 4.71% 10.08%
Treasury Stock Shares 99.24M shares 98.76M shares 96.58M shares
Shareholders Equity $5.112B $5.219B $4.138B
YoY Change
Total Liabilities & Shareholders Equity $41.09B $43.44B $32.41B
YoY Change 29.04% 34.06% 7.0%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $20.30M $53.00M -$57.30M
YoY Change -93.51% -192.5% -139.68%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $202.1M $304.6M $366.7M
YoY Change 23.23% -16.93% 41.8%
INVESTING ACTIVITIES
Capital Expenditures -$23.90M -$20.80M -$12.30M
YoY Change 27.81% 69.11% -35.6%
Acquisitions
YoY Change
Other Investing Activities -$274.2M -$368.8M -$233.4M
YoY Change -2.25% 58.01% 144.91%
Cash From Investing Activities -$298.1M -$389.6M -$245.7M
YoY Change -0.37% 58.57% 114.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 47.60M 145.9M 22.60M
YoY Change -66.71% 545.58% -108.78%
NET CHANGE
Cash From Operating Activities 202.1M 304.6M 366.7M
Cash From Investing Activities -298.1M -389.6M -245.7M
Cash From Financing Activities 47.60M 145.9M 22.60M
Net Change In Cash -48.40M 60.90M 143.6M
YoY Change -720.51% -57.59% -227.08%
FREE CASH FLOW
Cash From Operating Activities $202.1M $304.6M $366.7M
Capital Expenditures -$23.90M -$20.80M -$12.30M
Free Cash Flow $226.0M $325.4M $379.0M
YoY Change 23.7% -14.14% 36.48%

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CY2017Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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400000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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500000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
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900000 USD
CY2018Q3 aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
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12700000 USD
CY2017Q3 aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
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23100000 USD
aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
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46200000 USD
aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
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83500000 USD
CY2018Q3 us-gaap Revenues
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CY2017Q3 us-gaap Revenues
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1586400000 USD
us-gaap Revenues
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5740600000 USD
us-gaap Revenues
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4738400000 USD
CY2018Q3 us-gaap Policyholder Benefits And Claims Incurred Net
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CY2017Q3 us-gaap Policyholder Benefits And Claims Incurred Net
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682200000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
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1586100000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
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1456600000 USD
CY2018Q3 us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
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750600000 USD
CY2017Q3 us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
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332500000 USD
us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
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1560200000 USD
us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
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993700000 USD
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CY2017Q3 us-gaap Selling General And Administrative Expense
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667100000 USD
us-gaap Selling General And Administrative Expense
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2229700000 USD
us-gaap Selling General And Administrative Expense
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CY2018Q3 us-gaap Interest Expense
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CY2017Q3 us-gaap Interest Expense
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us-gaap Interest Expense
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us-gaap Interest Expense
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CY2018Q3 us-gaap Benefits Losses And Expenses
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2194500000 USD
CY2017Q3 us-gaap Benefits Losses And Expenses
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1694000000.0 USD
us-gaap Benefits Losses And Expenses
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5450000000.0 USD
us-gaap Benefits Losses And Expenses
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4452200000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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75800000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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290600000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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286200000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
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22800000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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64600000 USD
us-gaap Income Tax Expense Benefit
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2018Q3 us-gaap Preferred Stock Dividends And Other Adjustments
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4700000 USD
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0 USD
us-gaap Preferred Stock Dividends And Other Adjustments
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9500000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
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0 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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48300000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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216500000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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206700000 USD
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3.73
us-gaap Earnings Per Share Basic
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3.75
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0.76
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us-gaap Earnings Per Share Diluted
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3.72
us-gaap Earnings Per Share Diluted
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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179163 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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205370 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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312318 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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63800347 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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54524874 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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58193940 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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55409251 shares
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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206700000 USD
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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98600000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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100000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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21000000.0 USD
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0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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CY2018Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
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500000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
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1000000.0 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
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5400000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
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2800000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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4800000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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27600000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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65100000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2018Q3 us-gaap Comprehensive Income Net Of Tax
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11700000 USD
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39100000 USD
us-gaap Dividends Cash
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us-gaap Treasury Stock Value Acquired Cost Method
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us-gaap Net Income Loss
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us-gaap Dividends Preferred Stock Cash
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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23000000.0 USD
us-gaap Dividends Cash
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us-gaap Net Income Loss
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us-gaap Net Cash Provided By Used In Operating Activities
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454600000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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366400000 USD
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us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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2270300000 USD
us-gaap Proceeds From Sale Of Trading Securities Heldforinvestment
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62700000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
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59100000 USD
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47100000 USD
us-gaap Proceeds From Sale Of Other Investments
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72600000 USD
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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36700000 USD
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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593800000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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631500000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
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102800000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
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us-gaap Payments To Acquire Available For Sale Securities Debt
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us-gaap Payments To Acquire Available For Sale Securities Equity
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44500000 USD
us-gaap Payments To Acquire Available For Sale Securities Equity
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18800000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
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us-gaap Payments To Acquire Mortgage Notes Receivable
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124000000.0 USD
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us-gaap Payments To Acquire Other Investments
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us-gaap Payments To Acquire Property Plant And Equipment
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58900000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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43400000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1213500000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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aiz Purchasesof Investmentsby Special Purpose Entities
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265300000 USD
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573700000 USD
aiz Proceedsfrom Salesand Redemptionsof Investmentsby Special Purpose Entities
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36200000 USD
us-gaap Payments For Proceeds From Short Term Investments
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101400000 USD
us-gaap Payments For Proceeds From Short Term Investments
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31700000 USD
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Issuance Of Convertible Preferred Stock
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276400000 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
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0 USD
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1285700000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Repayments Of Debt
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350000000.0 USD
us-gaap Repayments Of Debt
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831400000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
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aiz Special Purpose Entity Proceeds From Issuance Of Long Term Debt
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509000000.0 USD
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157700000 USD
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591600000 USD
aiz Special Purpose Entity Repaymentsof Debt
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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96100000 USD
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88800000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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9500000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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us-gaap Proceeds From Minority Shareholders
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7600000 USD
us-gaap Proceeds From Minority Shareholders
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14600000 USD
us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
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18200000 USD
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100000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
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1790400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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6100000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
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309800000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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996800000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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1032000000.0 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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1306600000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
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992800000 USD
aiz Paymentsof Examination Complianceand Monitoring Costs
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85000000.0 USD
us-gaap Loss Contingency Accrual Payments
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41500000 USD
us-gaap Nature Of Operations
NatureOfOperations
Nature of Operations<div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Assurant, Inc. (the “Company”) is a global provider of risk management solutions in the housing and lifestyle markets, protecting where people live and the goods they buy. Assurant operates in North America, Latin America, Europe and Asia Pacific through </span><span style="font-family:inherit;font-size:10pt;"><span>three</span></span><span style="font-family:inherit;font-size:10pt;"> operating segments: Global Housing, Global Lifestyle and Global Preneed. Assurant partners with clients who are leaders in their industries to provide consumers a diverse range of protection products and services. Through its Global Housing segment, Assurant provides lender-placed homeowners; manufactured housing insurance; flood insurance; and renters insurance and related products (referred to as our “multi-family housing” business). Through its Global Lifestyle segment, Assurant provides mobile device protection products and related services and extended service products and related services for consumer electronics and appliances (referred to as our “Connected Living” business); vehicle protection services (referred to as our “Global Automotive” business); and credit insurance and other insurance (referred to as our “Financial Services” business). Global Preneed provides pre-funded funeral insurance and annuity products. On May 31, 2018, the Company completed its acquisition of TWG Holdings Limited and its subsidiaries (“TWG”). Refer to Note 4 for additional information. On August 1, 2018, the Company sold its valuation and field services business (referred to as our "mortgage solutions" business). Refer to Note 20 for additional information.</span></div>The Company is traded on the New York Stock Exchange under the symbol “AIZ”.
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
us-gaap Basis Of Accounting
BasisOfAccounting
Basis of Presentation<div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The accompanying unaudited interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information. Accordingly, these statements do not include all of the information and notes required by GAAP for complete financial statements. The consolidated financial statements include the results of TWG from June 1, 2018. </span></div><div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The interim financial data as of September 30, 2018 and for the three and nine months ended September 30, 2018 and 2017 is unaudited; in the opinion of management, the interim data includes all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the results for the interim periods. The unaudited interim consolidated financial statements include the accounts of the Company and all of its wholly owned subsidiaries. All inter-company transactions and balances are eliminated in consolidation. </span></div><div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Management generally identifies highly inflationary markets as those markets whose cumulative inflation rates over a three-year period exceeds </span><span style="font-family:inherit;font-size:10pt;">100%</span><span style="font-family:inherit;font-size:10pt;">, in addition to considering other qualitative and quantitative factors. Beginning July 1, 2018, as a result of the classification of Argentina's economy as highly inflationary, the functional currency of our Argentina subsidiaries changed from the local currency to U.S. Dollars. The subsidiaries' non-U.S. Dollar denominated monetary assets and liabilities were subject to remeasurement for the period between July 1, 2018 and September 30, 2018. Following a </span><span style="font-family:inherit;font-size:10pt;"><span>43%</span></span><span style="font-family:inherit;font-size:10pt;"> decline in the exchange rate during this period, the remeasurement resulted in </span><span style="font-family:inherit;font-size:10pt;"><span>$17.9 million</span></span><span style="font-family:inherit;font-size:10pt;"> of net pre-tax losses which we classified within underwriting, general and administrative expenses in the consolidated statements of operations. Based on the relative size of our subsidiaries' operations and net assets subject to remeasurement, we do not anticipate the ongoing remeasurement to have a material impact on our results of operations or financial condition.</span></div>Operating results for the three and nine months ended September 30, 2018 are not necessarily indicative of the results that may be expected for the year ending December 31, 2018. The accompanying unaudited interim consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 (the “2017 annual financial statements”).
CY2018Q3 aiz Foreign Currency Exchange Rate Remeasurement Percentage
ForeignCurrencyExchangeRateRemeasurementPercentage
0.43
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 reportable_segment
CY2018Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
1853600000 USD
CY2018Q3 us-gaap Other Income
OtherIncome
257900000 USD
CY2018Q3 us-gaap Net Investment Income
NetInvestmentIncome
151800000 USD
CY2018Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-5700000 USD
CY2018Q3 aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
12700000 USD
CY2018Q3 us-gaap Revenues
Revenues
2270300000 USD
CY2018Q3 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
680900000 USD
CY2018Q3 us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
750600000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
736500000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
26500000 USD
CY2018Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
2194500000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
75800000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22800000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
53000000.0 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4700000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
48300000 USD
CY2018Q3 us-gaap Assets
Assets
43443100000 USD
CY2017Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
1073100000 USD
CY2017Q3 us-gaap Other Income
OtherIncome
349100000 USD
CY2017Q3 us-gaap Net Investment Income
NetInvestmentIncome
132600000 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
8500000 USD
CY2017Q3 aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
23100000 USD
CY2017Q3 us-gaap Revenues
Revenues
1586400000 USD
CY2017Q3 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
682200000 USD
CY2017Q3 us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
332500000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
667100000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
12200000 USD
CY2017Q3 us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
1694000000.0 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-107600000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-50300000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-57300000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
4316800000 USD
us-gaap Other Income
OtherIncome
976600000 USD
us-gaap Net Investment Income
NetInvestmentIncome
417600000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-16600000 USD
aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
46200000 USD
us-gaap Revenues
Revenues
5740600000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
1586100000 USD
us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
1560200000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2229700000 USD
us-gaap Interest Expense
InterestExpense
74000000.0 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
5450000000.0 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
290600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64600000 USD
us-gaap Net Income Loss
NetIncomeLoss
226000000.0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9500000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
216500000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
3238700000 USD
us-gaap Other Income
OtherIncome
1016200000 USD
us-gaap Net Investment Income
NetInvestmentIncome
374900000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
25100000 USD
aiz Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
83500000 USD
us-gaap Revenues
Revenues
4738400000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
1456600000 USD
us-gaap Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
993700000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1964700000 USD
us-gaap Interest Expense
InterestExpense
37200000 USD
us-gaap Benefits Losses And Expenses
BenefitsLossesAndExpenses
4452200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
286200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
79500000 USD
us-gaap Net Income Loss
NetIncomeLoss
206700000 USD
CY2018Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
148600000 USD
CY2018Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
91500000 USD
CY2018Q3 aiz Numberof Individual States With Exposure Exceeding Overall Portfolio Threshold
NumberofIndividualStatesWithExposureExceedingOverallPortfolioThreshold
0 state
CY2018Q3 aiz Maximum Individual State Exposure
MaximumIndividualStateExposure
0.003
CY2017Q4 aiz Maximum Individual State Exposure
MaximumIndividualStateExposure
0.004
CY2018Q3 aiz Advance Refunded Or Escrowed To Maturity Securities
AdvanceRefundedOrEscrowedToMaturitySecurities
58500000 USD
CY2017Q4 aiz Advance Refunded Or Escrowed To Maturity Securities
AdvanceRefundedOrEscrowedToMaturitySecurities
137700000 USD
CY2018Q3 aiz Percentage Of Revenue Securities
PercentageOfRevenueSecurities
0.51
CY2017Q4 aiz Percentage Of Revenue Securities
PercentageOfRevenueSecurities
0.53
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
274900000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
276900000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
2523100000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
2533300000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
2154800000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
2177500000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
3709200000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
4141300000 USD
CY2018Q3 aiz Available For Sale Securities Debt Maturities Contractual Maturity Total
AvailableForSaleSecuritiesDebtMaturitiesContractualMaturityTotal
8662000000.0 USD
CY2018Q3 aiz Available For Sale Securities Debt Maturities Contractual Maturity Fair Value Total
AvailableForSaleSecuritiesDebtMaturitiesContractualMaturityFairValueTotal
9129000000.0 USD
CY2018Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
10669200000 USD
CY2018Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
11116600000 USD
CY2018Q3 us-gaap Debt Securities Gain Loss Excluding Otti
DebtSecuritiesGainLossExcludingOtti
-5200000 USD
CY2017Q3 us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
8900000 USD
us-gaap Debt Securities Gain Loss Excluding Otti
DebtSecuritiesGainLossExcludingOtti
-16100000 USD
us-gaap Gain Loss On Investments Excluding Other Than Temporary Impairments
GainLossOnInvestmentsExcludingOtherThanTemporaryImpairments
26000000.0 USD
CY2018Q3 us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
500000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
400000 USD
us-gaap Other Than Temporary Impairment Loss Debt Securities Portion Recognized In Earnings
OtherThanTemporaryImpairmentLossDebtSecuritiesPortionRecognizedInEarnings
500000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
900000 USD
CY2018Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-5700000 USD
CY2017Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
8500000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
-16600000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
25100000 USD
CY2018Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
2300000 USD
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-1400000 USD
CY2018Q3 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-200000 USD
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-3900000 USD
CY2018Q3 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
2100000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-5300000 USD
CY2017Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
6000000.0 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
15000000.0 USD
CY2018Q3 aiz Available For Sale Securities Gross Unrealized Losses Percentage
AvailableForSaleSecuritiesGrossUnrealizedLossesPercentage
0.02
CY2017Q4 aiz Available For Sale Securities Gross Unrealized Losses Percentage
AvailableForSaleSecuritiesGrossUnrealizedLossesPercentage
0.01
CY2018Q3 aiz Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Percentage
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesPercentage
0.76
CY2017Q4 aiz Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Percentage
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesPercentage
0.61
CY2018Q3 aiz Number Of Available For Sale Securities Comprising Gross Unrealized Loss
NumberOfAvailableForSaleSecuritiesComprisingGrossUnrealizedLoss
2501 investment
CY2017Q4 aiz Number Of Available For Sale Securities Comprising Gross Unrealized Loss
NumberOfAvailableForSaleSecuritiesComprisingGrossUnrealizedLoss
679 investment
aiz Approximate Percentage Outstanding Principal Balance Of Commercial Mortgage Loans
ApproximatePercentageOutstandingPrincipalBalanceOfCommercialMortgageLoans
0.34
CY2018Q3 us-gaap Reinsurance Recoverables Allowance
ReinsuranceRecoverablesAllowance
300000 USD
us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
The following table provides a roll forward of the Company’s beginning and ending claims and benefits payable balances. Claims and benefits payable is the liability for unpaid loss and loss adjustment expenses and is comprised of case and incurred but not reported ("IBNR") reserves.<div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Since unpaid loss and loss adjustment expenses are estimates, the Company’s actual losses incurred may be more or less than the Company’s previously developed estimates, which is referred to as either unfavorable or favorable development, respectively.</span></div><div style="line-height:120%;padding-bottom:6px;padding-top:12px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The best estimate of ultimate loss and loss adjustment expense is generally selected from a blend of methods that are applied consistently each period. There have been no significant changes in the methodologies and assumptions utilized in estimating the liability for unpaid loss and loss adjustment expenses for any of the periods presented.</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="8"/></tr><tr><td style="width:69%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:1%;"/><td style="width:13%;"/><td style="width:1%;"/></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">For the Nine Months Ended September 30,</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">2018</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">2017</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Claims and benefits payable, at beginning of period</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>3,782.2</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>3,301.2</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Less: Reinsurance ceded and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(3,193.3</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(2,718.2</span></span></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Net claims and benefits payable, at beginning of period</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>588.9</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>583.0</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Acquired reserves as of Acquisition Date (1)</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>139.9</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>—</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Incurred losses and loss adjustment expenses related to:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Current year</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,603.6</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,539.4</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Prior years</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(12.1</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>(54.3</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Total incurred losses and loss adjustment expenses</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,591.5</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,485.1</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Paid losses and loss adjustment expenses related to:</span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="3" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Current year</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,168.8</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>954.5</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:28px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Prior years</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>398.6</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>327.8</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Total paid losses and loss adjustment expenses</span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,567.4</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>1,282.3</span></span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Net claims and benefits payable, at end of period</span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>752.9</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>785.8</span></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Plus: Reinsurance ceded and other</span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>3,011.8</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>4,008.4</span></span></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Claims and benefits payable, at end of period</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>3,764.7</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"> </span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">$</span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span>4,794.2</span></span></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></td></tr></table></div><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;font-size:8pt;padding-left:0px;"><span style="font-family:inherit;font-size:8pt;">(1)</span></div><span style="font-family:inherit;font-size:8pt;">Acquired reserves from TWG on May 31, 2018 (the Acquisition Date) include </span><span style="font-family:inherit;font-size:8pt;"><span>$420.5 million</span></span><span style="font-family:inherit;font-size:8pt;"> of gross claims and benefits payable and </span><span style="font-family:inherit;font-size:8pt;"><span>$280.6 million</span></span> of ceded claims and benefits payable. The reserve roll forward includes the activity of TWG from June 1, 2018 to September 30, 2018.
CY2017Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
3782200000 USD
CY2016Q4 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
3301200000 USD
CY2017Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
3193300000 USD
CY2016Q4 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
2718200000 USD
CY2017Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
588900000 USD
CY2016Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
583000000.0 USD
CY2018Q2 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
139900000 USD
CY2016Q4 us-gaap Liability For Future Policy Benefits And Unpaid Claims And Claims Adjustment Expense
LiabilityForFuturePolicyBenefitsAndUnpaidClaimsAndClaimsAdjustmentExpense
0 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
1603600000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
1539400000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-12100000 USD
us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-54300000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
1591500000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
1485100000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
1168800000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear1
954500000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
398600000 USD
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears1
327800000 USD
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
1567400000 USD
us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
1282300000 USD
CY2018Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
752900000 USD
CY2017Q3 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
785800000 USD
CY2018Q3 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
3011800000 USD
CY2017Q3 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
4008400000 USD
CY2018Q3 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
3764700000 USD
CY2017Q3 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
4794200000 USD
CY2018Q2 us-gaap Liability For Claims And Claims Adjustment Expense
LiabilityForClaimsAndClaimsAdjustmentExpense
420500000 USD
CY2018Q2 us-gaap Reinsurance Recoverable For Unpaid Claims And Claims Adjustments
ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments
280600000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
917700000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1408000000.0 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
7200000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-6000000.0 USD
CY2018Q3 us-gaap Goodwill
Goodwill
2312500000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
1260000000 USD
CY2018Q3 us-gaap Value Of Business Acquired Voba
ValueOfBusinessAcquiredVOBA
3905500000 USD
CY2018Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
642800000 USD
CY2017Q4 us-gaap Value Of Business Acquired Voba
ValueOfBusinessAcquiredVOBA
24400000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
288600000 USD
CY2018Q3 us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
107200000 USD
CY2017Q3 us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
1900000 USD
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
145200000 USD
us-gaap Amortization Of Value Of Business Acquired Voba
AmortizationOfValueOfBusinessAcquiredVOBA
6000000.0 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19000000.0 USD
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
58100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
53200000 USD
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
2000000000.00 USD
us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
1600000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-46200000 USD
CY2018Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-4400000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-41800000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
22400000 USD
CY2017Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2900000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
19500000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-391900000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-12100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-379800000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
175200000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
13400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
161800000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-12100000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
13400000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
783610 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
83200000 USD
CY2018Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
210300000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2535457 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
250500000 USD
CY2018Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
4700000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
9500000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
53000000.0 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-57300000 USD
us-gaap Net Income Loss
NetIncomeLoss
226000000.0 USD
us-gaap Net Income Loss
NetIncomeLoss
206700000 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4700000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9500000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
48300000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-57300000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
216500000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
206700000 USD
CY2018Q3 us-gaap Dividends
Dividends
35500000 USD
CY2017Q3 us-gaap Dividends
Dividends
28800000 USD
us-gaap Dividends
Dividends
96100000 USD
us-gaap Dividends
Dividends
88800000 USD
CY2018Q3 us-gaap Undistributed Earnings
UndistributedEarnings
12800000 USD
CY2017Q3 us-gaap Undistributed Earnings
UndistributedEarnings
-86100000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
120400000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
117900000 USD
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63621184 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54524874 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57988570 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55096933 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63800347 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54524874 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58193940 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55409251 shares
CY2018Q3 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
0.56
CY2017Q3 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
0.53
us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
1.66
us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
1.61
CY2018Q3 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
0.20
CY2017Q3 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
-1.58
us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
2.07
us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
2.14
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.73
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.75
CY2018Q3 us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
0.56
CY2017Q3 us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
0.53
us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
1.65
us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
1.60
CY2018Q3 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
0.20
CY2017Q3 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
-1.58
us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
2.07
us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
2.13
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.72
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.73
us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0475
us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0675
CY2018Q3 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
85100000 USD
CY2017Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
81300000 USD
CY2018Q3 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
1.13
CY2017Q4 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
1.11
us-gaap Pension Contributions
PensionContributions
0 USD
CY2018Q3 us-gaap Defined Benefit Plan Expected Future Employer Contributions Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsRemainderOfFiscalYear
0 USD
CY2018Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
16800000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
18100000 USD
aiz Guaranty Expense
GuarantyExpense
2100000 USD
aiz Guaranty Expense
GuarantyExpense
800000 USD
CY2018Q3 us-gaap Guaranty Liabilities
GuarantyLiabilities
6400000 USD
CY2017 aiz Tax Cutsand Jobs Actof2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
177000000.0 USD
us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
36700000 USD

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