Assurant to Host Investor Day

NEW YORK, March 14 -- Assurant, a risk management solutions provider, issued the following news release:

Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions, today will offer an update on the company's go-forward strategy to deliver sustained outperformance and drive shareholder value at its 2019 Investor Day in New York City.

Driving Outperformance

Assurant President and CEO Alan B. Colberg and other company senior executives will highlight progress made since 2015 in repositioning the company for more diversified double-digit earnings growth, continued strong cash flow generation and disciplined capital deployment across its Global Housing and Global Lifestyle segments.

The company will present its approach to innovation to further evolve its offerings and capabilities, beyond traditional insurance, to meet customer needs. Presentations will focus on the company's key growth businesses including: Connected Living, Global Automotive and Multifamily Housing.

"We have a strong track record of outperformance for our clients, our end-consumers, our communities and our employees, which has enabled us to deliver superior shareholder returns since our 2004 IPO," said Colberg. "Through our transformation and ongoing investments to support innovation, we are well positioned to deliver outperformance, both now and in the future."

Enterprise Financial Objectives

During the event, Assurant executives will discuss the company's long-term enterprise and segment financial objectives to increase shareholder value, including expectations to:

See table here (https://www.assurant.com/newsroom-detail/NewsReleases/2019/March/assurant-to-host-investor-day)

The company expects to return a total of approximately $1.35 billion to shareholders through the end of 2021, through common stock dividends and share repurchases, while also continuing to invest in business growth and maintain its Investment Grade debt ratings. Repurchases and common stock dividends are subject to approval by the Board and other factors, including those described below.

"We're confident in our ability to continue to drive profitable growth and strong returns across our portfolio. With more diversified earnings and reduced catastrophe exposure, we expect to continue to generate significant cash flow, which we intend to reinvest in our business to support long-term growth and innovation and return excess capital to shareholders over time," Colberg continued.

In the fifteen years since going public, Assurant has raised its common stock dividend every year and repurchased 62 percent of its common stock.

Investor Day Webcast

A live webcast of the event will be held on March 14, 2019 at 9 a.m. ET. The live and archived replay of the presentations will be available through the Investor Relations section of Assurant's website at www.assurant.com. Slides of the presentations will be posted for viewing shortly before the event begins.