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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities available for sale, at fair value (amortized cost - $11,107.7 and $10,834.0 at June 30, 2019 and December 31, 2018, respectively) $ 12,228.8 $ 11,257.1
Equity securities at fair value 392.2 378.8
Commercial mortgage loans on real estate, at amortized cost 783.1 759.6
Short-term investments 357.5 373.2
Other investments 668.1 635.2
Total investments 14,429.7 13,403.9
Cash and cash equivalents 1,490.4 1,254.0
Premiums and accounts receivable, net 1,745.7 1,643.5
Reinsurance recoverables 9,162.6 9,166.0
Accrued investment income 126.9 125.5
Deferred acquisition costs 5,767.6 5,103.0
Property and equipment, at cost less accumulated depreciation 419.2 392.5
Goodwill 2,338.0 2,321.8
Value of business acquired 2,554.7 3,157.8
Other intangible assets, net 564.1 622.4
Other assets 622.6 603.8
Assets held in separate accounts 1,831.3 1,609.7
Assets of consolidated investment entities [1] 2,086.7 1,685.4
Total assets 43,139.5 41,089.3
Liabilities    
Future policy benefits and expenses 9,445.9 9,240.9
Unearned premiums 15,934.6 15,648.0
Claims and benefits payable 2,722.2 2,813.7
Commissions payable 447.8 338.6
Reinsurance balances payable 321.8 330.9
Funds held under reinsurance 308.0 272.0
Accounts payable and other liabilities 2,598.5 2,240.5
Debt 2,007.3 2,006.0
Liabilities related to separate accounts 1,831.3 1,609.7
Liabilities of consolidated investment entities [1] 1,761.8 1,455.1
Total liabilities 37,379.2 35,955.4
Commitments and contingencies (Note 17)
Stockholders’ equity    
6.50% Series D mandatory convertible preferred stock, par value $1.00 per share, 2,875,000 shares authorized, issued and outstanding at June 30, 2019 and December 31, 2018 2.9 2.9
Common stock, par value $0.01 per share, 800,000,000 shares authorized, 161,489,702 and 161,153,454 shares issued and 61,207,965 and 61,908,979 shares outstanding at June 30, 2019 and December 31, 2018, respectively 1.6 1.6
Additional paid-in capital 4,509.2 4,495.6
Retained earnings 5,980.9 5,759.7
Accumulated other comprehensive income (loss) 328.7 (155.4)
Treasury stock, at cost; 100,259,737 and 99,244,475 shares at June 30, 2019 and December 31, 2018, respectively (5,093.1) (4,992.4)
Total Assurant, Inc. stockholders’ equity 5,730.2 5,112.0
Non-controlling interests 30.1 21.9
Total equity 5,760.3 5,133.9
Total liabilities and equity $ 43,139.5 $ 41,089.3
[1]
The following table presents information on assets and liabilities related to consolidated investment entities as of June 30, 2019 and December 31, 2018.
 
June 30, 2019
 
December 31, 2018
 
(in millions)
Assets
 
 
 
Cash and cash equivalents
$
84.8

 
$
62.6

Investments, at fair value
1,977.1

 
1,576.2

Other receivables
24.8

 
46.6

Total assets
$
2,086.7

 
$
1,685.4

Liabilities
 
 
 
Collateralized loan obligation notes, at fair value
1,616.5

 
1,316.7

Other liabilities
145.3

 
138.4

Total liabilities
$
1,761.8

 
$
1,455.1