Infinata Report

Template ID : 2705 Edit

Access More Information on Assurant Health (Aka: Fortis, Inc.) !

	Corporate Tracker Subscribers have complete access to all available research and information on Assurant Health (Aka: Fortis, Inc.) including detailed executive and manager listings, financial data, M&A and financing activities, personnel changes and more. Register for a free trial today and see what you've been missing.

One Chase Manhattan Plaza

New York, NY 10005

USA

Phone	212.859.7000
Fax	212-859-5893

Company Information

Company Information
Industry	Insurance (General)

# of Employees	13400

Ownership	Public Company

SIC Code	6719

Company Security Requirements	1. Very High

Company Storage Requirements	1. Very High

Fortune 1000 Rank	300

Description

Assurant, Inc. is a holding company provider of specialized insurance products and related services in North America and selected other markets. Through its operating subsidiaries, the Company provides creditor-placed homeowners insurance, manufactured housing homeowners insurance, debt protection administration, credit insurance, warranties and extended service contracts, individual health and small employer group health insurance, group dental insurance, group disability insurance, group life insurance and prefunded funeral insurance. Fortis, Inc. had formed Assurant and merged into it on February 4, 2004. As a result of the merger, Assurant is the successor to the business operations and obligations of Fortis, Inc. The Company has four operating segments, which are defined based on the nature of the products and services offered: Solutions, Health, Employee Benefits and PreNeed.

Top Executives

Executive Name	Title
Atkinson, Jerome	Executive Vice President, Chief Compliance Officer
Bal, Raj	Executive Vice President, Individual Markets
Camacho, Philip	Executive Vice President And Chief Financial Officer
Camacho, Phillip	(Administrative Leave)Executive Vice President And Chief Financial Officer
Clayton, J	Interim President And Chief Executive Officer
Clayton, Kerry	Interim President And Chief Executive Officer
Cutler, Benjamin	Executive Vice President
Daniel, Laree	Senior Vice President And Chief Administrative Officer
Feagin, Alan	Executive Vice President; Pres. And CEO,
Hamm, Donald	EVP; President And Chief Executive Officer Of Assurant Health
Lamnin, Adam	(Administrative Leave)EVP And CFO Of Assurant Solutions / Assurant Specialt
Landreth, Lucinda	President, Asset Management
Lemasters, Craig	EVP; President And Chief Executive Officer Of Assurant Solutions
Lemasters, S.	President And Chief Executive Officer
Lewis, Robert	SVP, Chief Information Officer - Corporate Technology Group
Mergelmeye, Gene	Executive Vice President
Mergelmeyer, Gene	President
Oatman, Jim	Chief Actuary
Owen, John	(Outgoing)President And CEO Of Assurant Specialty Property
Pagano, Christopher	Executive Vice President, Treasurer
Peninger, Michael	Interim Chief Financial Officer
Pollock, Robert	President And Chief Executive Officer
Roberts, John	Interim President And Chief Executive Officer - Assurant Employee Benefits
Silvester, Lesley	EVP And Interim President And Chief Executive Officer, Aeb
Steinman, Michael	SVP And Chief Actuary, Assurant Solutions /Assurant Specialty Property
Thompson, Paul	Group Chief Executive And Managing Director Of D&D Homecare Limited
Wilson, Lance	Senior Vice President, Chief Info. Officer
Yakre, Miles	Senior Vice President, Chief Actuary And Treasurer

View All Assurant Health (Aka: Fortis, Inc.) Management and Contacts Available thru Corporate Tracker

Corporate Tracker doesn't just provide C-level executives, but goes deep within the organizational structure of the companies, governments and academic institutions that we track. This ensures that you are able to identify the decision makers and influencers that allow you to grow your business.

Register for a free trial today and view all executives and managers.

Recent Company Events

Date	Type of Event	Details
2008-02-07	Earnings/Dividends	Q4 2007 Net Operating Income of $154.4 Million ($1.29 per diluted share), Up 13%; Full Year Net Operating Income of $694.2 Million ($5.72 per diluted share), Up 15% Q4 2007 Net Income of $120.8 Million ($1.01 per diluted share) and $653.7 Million ($5.38 per diluted share) for Full Year 2007 NEW YORK, Feb. 7 /PRNewswire FirstCall/ Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialized insurance and insurance related products and services, today reported its results for the fourth quarter of 2007 and the twelve months ended December 31, 2007. Robert B. Pollock, Assurant's president and chief executive officer, said: "Assurant's performance for the quarter and year illustrates our steady execution of our diversified specialty insurance strategy despite the beginning of a slowdown in the economy. We continue to deliver growth in both net operating income and book value per share while producing top quartile return on equity. We believe this strategy has us well positioned for 2008 despite uncertainties in the economy." Fourth Quarter Results Net operating income (see footnote 1 at the end of this release) for the fourth quarter of 2007 increased 13% to $154.4 million, or $1.29 per diluted share, compared to fourth quarter 2006 net operating income of $136.2 million, or $1.08 per diluted share. Net income in the fourth quarter of 2007 decreased 52% to $120.8 million, or $1.01 per diluted share, compared to fourth quarter 2006 net income of $252.5 million, or $2.01 per diluted share. Net income in the fourth quarter of 2007 includes $27.0 million of after tax realized losses from other than temporary impairments in the investment portfolio. Net income in the fourth quarter of 2006 includes a $63.9 million after tax gain from the sale of Assurant's interest in a PPO network, Private Healthcare Systems, Inc. (PHCS) and $40.5 million of after tax income from a favorable Assurant Solutions legal settlement. Net earned premiums of $1.96 billion in the fourth quarter of 2007 increased 11% from $1.77 billion in the fourth quarter of 2006, driven mostly by growth in Assurant Specialty Property and Assurant Solutions. Net investment income in the fourth quarter of 2007 increased 8% to $197.8 million from $183.0 million in the fourth quarter of 2006 primarily as a result of an increase in average invested assets. Twelve Month Results Net operating income in 2007 was $694.2 million, or $5.72 per diluted share, an increase of 15% compared to net operating income of $602.7 million, or $4.68 per diluted share, in 2006. Net operating income excludes capital gains and losses and other unusual or non recurring items. Net income in 2007 was $653.7 million, or $5.38 per diluted share, a decrease of 9%, compared to net income of $717.4 million, or $5.57 per diluted share, in 2006. Net income in 2007 includes $31.3 million of after tax realized losses from other than temporary impairments in the investment portfolio. Net income in 2006 includes a $63.9 million after tax gain from the sale of PHCS as well as $40.5 million of after tax income from a favorable Assurant Solutions legal settlement. Net earned premiums in 2007 were $7.41 billion, an increase of 8% from $6.84 billion in 2006. Growth in net earned premiums was driven mainly by growth in Assurant Specialty Property. Net investment income in 2007 increased 8% to $799.1 million from $736.7 million in 2006 primarily resulting from an increase in average invested assets and $37.2 million of investment income from real estate joint venture partnerships compared with $18.6 million in 2006. The following chart provides a reconciliation of net operating income to net income for Assurant: For the Three Months For the Year Ended Ended December December December December 31, 31, 31, 31, 2007 2006 2007 2006 (UNAUDITED) (amounts in millions, net of tax) Assurant Solutions $32.3 $39.8
2008-01-25	Earnings/Dividends	Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance related products and services, announced today that its board of directors has declared a quarterly dividend of $0.12 per common share. The dividend will be payable on March 10, 2008 to shareholders of record as of Feb. 25, 2008. Future dividend declarations will be made at the discretion of the board of directors and will be based on such factors as the company's earnings, financial condition, cash requirements, future prospects and other factors. Assurant is a premier provider of specialized insurance products and related services in North America and selected international markets. Its four key businesses Assurant Solutions; Assurant Specialty Property; Assurant Health; and Assurant Employee Benefits have partnered with clients who are leaders in their industries and have built leadership positions in a number of specialty insurance market segments worldwide. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has over $25 billion in assets and $7 billion in annual revenue. http://www.assurant.com s.server=server() s.channel="news release" s.pageName="news_release_assurant board of directors declares quarterly dividend of $0.12 per share" s.prop2="109" s.prop3="01 25 2008" /*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code); //

For assistance call Corporate Tracker Support at 1.866.501.6948

--------------------------------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------