Assurant has acquired Protection Point Service Plans Inc., a British Columbia-based provider and administrator of protection programs for commercial equipment, to expand its business in Canada. Protection Point, which specializes in extended service plans for agriculture, construction, material handling, and forestry equipment, already worked exclusively with Assurant. The acquisition allows Assurant direct control over distribution, dealer relationships, and licensed insurance capabilities, enhancing its commercial equipment operations in Canada and complementing its existing US business.
Original sourceASSURANT INC
Public company snapshot, recent ticker-linked headlines, and a path into evidence-backed AI research.
Latest price
$307.00
+0.04%
Alpha Vantage · 11/6/2026
One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+12.5%
3 months
+7.2%
6 months
+28.9%
1 year
+43.7%
Year to date
+28.8%
52-week range
$210.47 – $308.52
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$15.06B
P/E
14
P/B
2.5
P/S
1.1
Revenue
$13.75B
Net income
$1.07B
Diluted EPS
21.23
Gross margin
78.10%
Net margin
7.80%
Return on equity
18.00%
Total debt
$2.21B
Cash
$1.78B
Free cash flow
$1.83B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $3.53B | $275.2M | 77.80% | 7.80% | $620.3M |
| Jun 30, 2026 | $3.45B | $298.6M | 78.30% | 8.60% | $409.2M |
| Mar 31, 2026 | $3.42B | $274.1M | 77.50% | 8.00% | $192.6M |
| Dec 31, 2025 | $3.35B | $225.2M | 78.60% | 6.70% | $611.7M |
| Sep 30, 2025 | $3.23B | $265.6M | 78.00% | 8.20% | $442.1M |
| Jun 30, 2025 | $3.16B | $235.3M | 77.20% | 7.40% | $205.6M |
| Mar 31, 2025 | $3.07B | $146.6M | 74.60% | 4.80% | $339M |
| Dec 31, 2024 | $3.1B | $201.3M | 78.40% | 6.50% | $34.8M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
Recent AIZ news
All market newsAssurant has acquired Protection Point Service Plans Inc., a British Columbia-based provider and administrator of protection programs for commercial equipment. This acquisition expands Assurant's commercial equipment business in Canada, giving it direct control over distribution and dealer relationships, and complementing its existing US operations. Protection Point, which previously worked exclusively with Assurant, specializes in extended service plans for agriculture, construction, material handling, and forestry equipment.
Original sourceAssurant reported strong Q3 2026 results with adjusted EBITDA and EPS up 12% year-over-year, excluding catastrophes, driven by Global Lifestyle's 15% growth. The company raised its full-year outlook, expecting approximately 10% adjusted EBITDA growth and low-double-digit EPS growth, and increased its share repurchase target to $350 million. Management expressed confidence in its growth pipeline and its embedded B2B2C model, despite analyst questions on auto growth sustainability, Starlink's potential impact on wireless, and AI's role in comparison shopping.
Original source