2018 Q4 Form 10-Q Financial Statement
#000162828018014005 Filed on November 08, 2018
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% |
Facts In Submission
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|
0 | USD |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1600000 | USD |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1500000 | USD |
CY2018Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4478800000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3197900000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
5777100000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
5697300000 | USD |
CY2018Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-97700000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
234000000.0 | USD |
CY2018Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
4943300000 | USD |
CY2017Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
4860100000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5219400000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4270600000 | USD |
CY2018Q3 | us-gaap |
Minority Interest
MinorityInterest
|
20300000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
10900000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5239700000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4281500000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
43443100000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
31843000000.0 | USD |
CY2018Q3 | aiz |
Variable Interest Entity Consolidated Assets Cash
VariableInterestEntityConsolidatedAssetsCash
|
125300000 | USD |
CY2017Q4 | aiz |
Variable Interest Entity Consolidated Assets Cash
VariableInterestEntityConsolidatedAssetsCash
|
69800000 | USD |
CY2018Q3 | aiz |
Variable Interest Entity Consolidated Assets Investments At Fair Value
VariableInterestEntityConsolidatedAssetsInvestmentsAtFairValue
|
1450900000 | USD |
CY2017Q4 | aiz |
Variable Interest Entity Consolidated Assets Investments At Fair Value
VariableInterestEntityConsolidatedAssetsInvestmentsAtFairValue
|
655000000.0 | USD |
CY2018Q3 | aiz |
Variable Interest Entity Consolidated Assets Other Receivables
VariableInterestEntityConsolidatedAssetsOtherReceivables
|
23300000 | USD |
CY2017Q4 | aiz |
Variable Interest Entity Consolidated Assets Other Receivables
VariableInterestEntityConsolidatedAssetsOtherReceivables
|
21700000 | USD |
CY2018Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
1599500000 | USD |
CY2017Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
746500000 | USD |
CY2018Q3 | aiz |
Variable Interest Entity Consolidated Liabilities Collateralized Loan Obligation Notes At Fair Value
VariableInterestEntityConsolidatedLiabilitiesCollateralizedLoanObligationNotesAtFairValue
|
1177700000 | USD |
CY2017Q4 | aiz |
Variable Interest Entity Consolidated Liabilities Collateralized Loan Obligation Notes At Fair Value
VariableInterestEntityConsolidatedLiabilitiesCollateralizedLoanObligationNotesAtFairValue
|
450700000 | USD |
CY2018Q3 | aiz |
Variable Interest Entity Consolidated Liabilities Other Liabilities
VariableInterestEntityConsolidatedLiabilitiesOtherLiabilities
|
196500000 | USD |
CY2017Q4 | aiz |
Variable Interest Entity Consolidated Liabilities Other Liabilities
VariableInterestEntityConsolidatedLiabilitiesOtherLiabilities
|
122700000 | USD |
CY2018Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
1374200000 | USD |
CY2017Q4 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
573400000 | USD |
CY2018Q3 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1853600000 | USD |
CY2017Q3 | us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
1073100000 | USD |
us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
4316800000 | USD | |
us-gaap |
Premiums Earned Net
PremiumsEarnedNet
|
3238700000 | USD | |
CY2018Q3 | us-gaap |
Other Income
OtherIncome
|
257900000 | USD |
CY2017Q3 | us-gaap |
Other Income
OtherIncome
|
349100000 | USD |
us-gaap |
Other Income
OtherIncome
|
976600000 | USD | |
us-gaap |
Other Income
OtherIncome
|
1016200000 | USD | |
CY2018Q3 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
151800000 | USD |
CY2017Q3 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
132600000 | USD |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
417600000 | USD | |
us-gaap |
Net Investment Income
NetInvestmentIncome
|
374900000 | 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 Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
500000 | USD |
CY2017Q3 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
400000 | USD |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
500000 | USD | |
us-gaap |
Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
|
900000 | USD | |
CY2018Q3 | aiz |
Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
|
12700000 | USD |
CY2017Q3 | aiz |
Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
|
23100000 | USD |
aiz |
Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
|
46200000 | USD | |
aiz |
Amortizationof Deferred Gainsand Gainson Disposalof Businesses
AmortizationofDeferredGainsandGainsonDisposalofBusinesses
|
83500000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
2270300000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
1586400000 | USD |
us-gaap |
Revenues
Revenues
|
5740600000 | USD | |
us-gaap |
Revenues
Revenues
|
4738400000 | USD | |
CY2018Q3 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
680900000 | USD |
CY2017Q3 | us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
682200000 | USD |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
1586100000 | USD | |
us-gaap |
Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
|
1456600000 | USD | |
CY2018Q3 | us-gaap |
Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
|
750600000 | USD |
CY2017Q3 | us-gaap |
Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
|
332500000 | USD |
us-gaap |
Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
|
1560200000 | USD | |
us-gaap |
Deferred Policy Acquisition Costs And Present Value Of Future Profits Amortization1
DeferredPolicyAcquisitionCostsAndPresentValueOfFutureProfitsAmortization1
|
993700000 | USD | |
CY2018Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
736500000 | USD |
CY2017Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
667100000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2229700000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1964700000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
26500000 | USD |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
12200000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
74000000.0 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
37200000 | USD | |
CY2018Q3 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
2194500000 | USD |
CY2017Q3 | us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
1694000000.0 | USD |
us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
5450000000.0 | USD | |
us-gaap |
Benefits Losses And Expenses
BenefitsLossesAndExpenses
|
4452200000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
75800000 | USD |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-107600000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
290600000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
286200000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
22800000 | USD |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-50300000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
64600000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
79500000 | 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 And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
4700000 | USD |
CY2017Q3 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
0 | USD |
us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
9500000 | USD | |
us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
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 |
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
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 | ||
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 Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
179163 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
205370 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
312318 | 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 |
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 |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-47000000.0 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-7700000 | USD |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-328100000 | USD | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
98600000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
100000 | USD |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
21000000.0 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
0 | USD | |
CY2018Q3 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
|
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
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
|
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
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
|
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
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
|
2800000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
4800000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
27600000 | USD |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-69100000 | USD | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
65100000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-800000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-600000 | USD |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1800000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-900000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-41800000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
19500000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-379800000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
161800000 | USD | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
11200000 | USD |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-37800000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-153800000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
368500000 | USD | |
CY2018Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5332900000 | USD |
CY2018Q3 | aiz |
Adjustmentsto Additional Paidin Capital Exerciseof Stock Options
AdjustmentstoAdditionalPaidinCapitalExerciseofStockOptions
|
1700000 | USD |
CY2018Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
17400000 | USD |
CY2018Q3 | us-gaap |
Dividends Cash
DividendsCash
|
35500000 | USD |
CY2018Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
83200000 | USD |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53000000.0 | USD |
CY2018Q3 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
4700000 | USD |
CY2018Q3 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
100000 | USD |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-41800000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5239700000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4224600000 | USD |
CY2017Q3 | aiz |
Adjustmentsto Additional Paidin Capital Exerciseof Stock Options
AdjustmentstoAdditionalPaidinCapitalExerciseofStockOptions
|
2700000 | USD |
CY2017Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11700000 | USD |
CY2017Q3 | us-gaap |
Dividends Cash
DividendsCash
|
28800000 | USD |
CY2017Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
34200000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-57300000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
19500000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4138200000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4281500000 | USD |
aiz |
Adjustmentsto Additional Paidin Capital Exerciseof Stock Options
AdjustmentstoAdditionalPaidinCapitalExerciseofStockOptions
|
-7100000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
39100000 | USD | |
us-gaap |
Dividends Cash
DividendsCash
|
96100000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
83200000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
226000000.0 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
975500000 | USD | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
9500000 | USD | |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
9400000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-379800000 | USD | |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5239700000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4098100000 | USD |
aiz |
Adjustmentsto Additional Paidin Capital Exerciseof Stock Options
AdjustmentstoAdditionalPaidinCapitalExerciseofStockOptions
|
-12100000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
23000000.0 | USD | |
us-gaap |
Dividends Cash
DividendsCash
|
88800000 | USD | |
us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
250500000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
206700000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
161800000 | USD | |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4138200000 | USD |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
454600000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
366400000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
2616300000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
2270300000 | USD | |
us-gaap |
Proceeds From Sale Of Trading Securities Heldforinvestment
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
62700000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
59100000 | USD | |
us-gaap |
Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
|
47100000 | USD | |
us-gaap |
Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
|
72600000 | USD | |
us-gaap |
Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
|
36700000 | USD | |
us-gaap |
Proceeds From Divestiture Of Businesses And Interests In Affiliates
ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates
|
0 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
593800000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
631500000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
102800000 | USD | |
us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
102900000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
2941000000.0 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
2734200000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
44500000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
|
18800000 | USD | |
us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
192600000 | USD | |
us-gaap |
Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
|
124000000.0 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
25000000.0 | USD | |
us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
71600000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
58900000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
43400000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1213500000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
127400000 | USD | |
aiz |
Purchasesof Investmentsby Special Purpose Entities
PurchasesofInvestmentsbySpecialPurposeEntities
|
1362200000 | USD | |
aiz |
Purchasesof Investmentsby Special Purpose Entities
PurchasesofInvestmentsbySpecialPurposeEntities
|
265300000 | USD | |
aiz |
Proceedsfrom Salesand Redemptionsof Investmentsby Special Purpose Entities
ProceedsfromSalesandRedemptionsofInvestmentsbySpecialPurposeEntities
|
573700000 | USD | |
aiz |
Proceedsfrom Salesand Redemptionsof Investmentsby Special Purpose Entities
ProceedsfromSalesandRedemptionsofInvestmentsbySpecialPurposeEntities
|
36200000 | USD | |
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
101400000 | USD | |
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
31700000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1600000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1800000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1904400000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-242000000.0 | USD | |
us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
276400000 | USD | |
us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1285700000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
350000000.0 | USD | |
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
831400000 | USD | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
0 | USD | |
aiz |
Special Purpose Entity Proceeds From Issuance Of Long Term Debt
SpecialPurposeEntityProceedsFromIssuanceOfLongTermDebt
|
509000000.0 | USD | |
aiz |
Special Purpose Entity Proceeds From Issuance Of Long Term Debt
SpecialPurposeEntityProceedsFromIssuanceOfLongTermDebt
|
157700000 | USD | |
aiz |
Special Purpose Entity Repaymentsof Debt
SpecialPurposeEntityRepaymentsofDebt
|
591600000 | USD | |
aiz |
Special Purpose Entity Repaymentsof Debt
SpecialPurposeEntityRepaymentsofDebt
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
87200000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
256800000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
96100000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
88800000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
9500000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
7600000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD | |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
14600000 | USD | |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
18200000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
100000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1790400000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-169700000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-30800000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
6100000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
309800000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-39200000 | USD | |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
996800000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1032000000.0 | USD |
CY2018Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1306600000 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
992800000 | USD |
aiz |
Paymentsof Examination Complianceand Monitoring Costs
PaymentsofExaminationComplianceandMonitoringCosts
|
85000000.0 | USD | |
us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
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 |