Assurant’s Q2 Strengthened by Housing, Connected Living

Assurant Inc. (NYSE:), a global provider of risk management solutions, reported strong second-quarter results for 2024, with significant growth in its Global Housing and Connected Living segments. The company's adjusted EBITDA and EPS have shown notable increases, with the Connected Living business benefiting from new partnerships and the Global Housing segment experiencing substantial earnings growth. Despite challenges in the Global Auto segment, Assurant remains optimistic about its full-year outlook, expecting high-single-digit growth in adjusted EBITDA and low-double-digit growth in adjusted EPS.