EX-12.1 3 aiz12312017-ex121.htm EXHIBIT 12.1 Exhibit


Exhibit 12.1
 
ASSURANT, INC.
 
COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES
 
(in millions of U.S. dollars except for ratio amounts)
 
 
2017
 
2016
 
2015
 
2014
 
2013
Income before income taxes
$
444.5

 
$
848.6

 
$
201.2

 
$
744.1

 
$
789.7

Fixed charges
57.4

 
66.5

 
65.7

 
68.5

 
86.8

Income as adjusted
$
501.9

 
$
915.1

 
$
266.9

 
$
812.6

 
$
876.5

Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense, including discount
  amortization and preferred stock
  dividends (1)
$
49.5

 
$
57.6

 
$
55.1

 
$
58.4

 
$
77.7

Portion of rents representative of an
  appropriate interest factor
7.9

 
8.9

 
10.6

 
10.1

 
9.1

Total fixed charges
$
57.4

 
$
66.5

 
$
65.7

 
$
68.5

 
$
86.8

Ratio of consolidated earnings to fixed charges
8.74

 
13.76

 
4.06

 
11.86

 
10.10