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Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Financial Information by Segment
The following tables summarize selected financial information by segment: 
 
 
 
Three Months Ended March 31, 2016
 
Solutions
 
Specialty
Property
 
Health
 
Employee
Benefits (1)
 
Corporate &
Other
 
Consolidated
Revenues
 
 
 
 
 
 
 
 
 
 
 
Net earned premiums
$
738,924

 
$
469,609

 
$
28,734

 
$
177,971

 
$

 
$
1,415,238

Net investment income
88,923

 
18,344

 
3,938

 
17,340

 
7,162

 
135,707

Net realized gains on investments (2)

 

 

 

 
161,718

 
161,718

Amortization of deferred gain on
  disposal of businesses (3)

 

 

 

 
47,596

 
47,596

Gain on pension plan curtailment

 

 

 

 
29,578

 
29,578

Fees and other income
238,109

 
107,762

 
5,118

 
4,244

 
2,457

 
357,690

Total revenues
1,065,956

 
595,715

 
37,790

 
199,555

 
248,511

 
2,147,527

Benefits, losses and expenses
 
 
 
 
 
 
 
 
 
 
 
Policyholder benefits
226,751

 
179,472

 
19,112

 
118,481

 

 
543,816

Amortization of deferred acquisition
  costs and value of business acquired
269,010

 
59,474

 

 
5,858

 

 
334,342

Underwriting, general and
  administrative expenses
501,210

 
241,434

 
52,955

 
58,469

 
63,291

 
917,359

Interest expense

 

 

 

 
14,503

 
14,503

Total benefits, losses and
  expenses
996,971

 
480,380

 
72,067

 
182,808

 
77,794

 
1,810,020

Segment income (loss) before
  provision (benefit) for income tax
68,985

 
115,335

 
(34,277
)
 
16,747

 
170,717

 
337,507

Provision (benefit) for income taxes
21,851

 
38,984

 
(7,104
)
 
6,277

 
57,181

 
117,189

Segment income (loss) after tax
$
47,134

 
$
76,351

 
$
(27,173
)
 
$
10,470

 
$
113,536

 
 
Net income
 
 
 
 
 
 
 
 
 
 
$
220,318

 
As of March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Segment assets:
$
14,778,747

 
$
3,628,056

 
$
960,965

 
$

 
$
10,919,427

 
$
30,287,195

 
(1)
Assurant Employee Benefits amounts represent January and February results of operations prior to the sale on March 1, 2016.
(2)
Includes $146,727 related to assets transferred to Sun Life as part of the Assurant Employee Benefits sale on March 1, 2016.
(3)
Includes $44,593 related to the additional deferred gain related to the Assurant Employee Benefits sale on March 1, 2016.
 
Three Months Ended March 31, 2015
 
Solutions
 
Specialty
Property
 
Health
 
Employee
Benefits
 
Corporate &
Other
 
Consolidated
Revenues
 
 
 
 
 
 
 
 
 
 
 
Net earned premiums
$
754,477

 
$
528,446

 
$
609,742

 
$
266,897

 
$

 
$
2,159,562

Net investment income
92,191

 
20,515

 
7,007

 
27,821

 
4,739

 
152,273

Net realized gains on investments

 

 

 

 
3,955

 
3,955

Amortization of deferred gain on
  disposal of businesses

 

 

 

 
3,258

 
3,258

Fees and other income
173,068

 
84,236

 
15,976

 
6,274

 
8

 
279,562

Total revenues
1,019,736

 
633,197

 
632,725

 
300,992

 
11,960

 
2,598,610

Benefits, losses and expenses
 
 
 
 
 
 
 
 
 
 
 
Policyholder benefits
215,548

 
204,603

 
604,763

 
185,813

 

 
1,210,727

Amortization of deferred acquisition
  costs and value of business acquired
265,032

 
92,069

 
4,273

 
7,629

 

 
369,003

Underwriting, general and
  administrative expenses
459,284

 
223,612

 
129,178

 
91,339

 
18,496

 
921,909

Interest expense

 

 

 

 
13,778

 
13,778

Total benefits, losses and
  expenses
939,864

 
520,284

 
738,214

 
284,781

 
32,274

 
2,515,417

Segment income (loss) before
  provision (benefit) for income tax
79,872

 
112,913

 
(105,489
)
 
16,211

 
(20,314
)
 
83,193

Provision (benefit) for income taxes
25,513

 
37,826

 
(21,520
)
 
6,063

 
(14,733
)
 
33,149

Segment income (loss) after tax
$
54,359

 
$
75,087

 
$
(83,969
)
 
$
10,148

 
$
(5,581
)
 
 
Net income
 
 
 
 
 
 
 
 
 
 
$
50,044

 
As of December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
Segment assets:
$
14,356,484

 
$
3,648,738

 
$
1,437,032

 
$
2,190,808

 
$
8,403,340

 
$
30,036,402