Assurant 2007 Annual Report Download

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Please find the complete 2007 Assurant annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Table of contents

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    ... markets. The Assurant business units provide debt protection administration; credit-related insurance; warranties and service contracts; pre-funded funeral insurance; creditor-placed homeowners insurance; manufactured housing homeowners insurance; individual health and small employer group health...

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    ... are like water. Properly directed, they can sustain long-term growth. At Assurant, we are continuing to tap into the potential of our people and our processes, our technology and our tools, our relationships and our risk management expertise. By applying this ongoing and rigorous discipline-and...

  • Page 4
    ... employers, including long-term and short-term disability, life and accidental death and dismemberment insurance, dental coverage, and disability reinsurance management services. Assurant Employee Benefits also offers voluntary (employee-paid) disability, life and dental plans. Assurant Solutions...

  • Page 5
    ... and personal lines of insurance through collaborative relationships with leading home mortgage companies, manufactured home builders and dealers, auto finance companies, property management companies and managing general agents. Assurant Health specializes in meeting the health insurance needs of...

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    ...745 % change 5 8 8 15 8 total revenue net earned premiums net investment income overview net operating income1 shareholders' equity 2 1~Assurant uses ...investments and other non-recurring and/or infrequent items. 2~Excluding accumulated other comprehensive income (AOCI). Assurant Annual Report...

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    ... and execute targeted growth opportunities over the long term. Assurant actively monitors and manages each facet of its business to ensure pricing, underwriting, contract design and other key elements are appropriate to local market conditions. Assurant also maintains a catastrophic reinsurance...

  • Page 10
    ... that address the needs of smaller businesses. The business expanded its dental network-providing more choice to its customers-and continued to forge relationships with broker partners who emphasize the small employer market. channeled for The realignment of Assurant Employee Benefits to focus on...

  • Page 11
    ... sales personnel now take a more customized, consultative approach. Thanks to customer-focused product development and administrative innovation, Assurant can offer a wider range of coverage options and plan features than are typically offered to small business owners and can make employee benefits...

  • Page 12
    energized for expansion

  • Page 13
    ... for the long term. In 2007, Assurant acquired Swansure and Centrepoint in the United Kingdom; the combination expands distribution in the UK for the business's mortgage payment protection products. The business also completed its acquisition of Mayflower National Life Insurance Company and extended...

  • Page 14
    harnessed for strength

  • Page 15
    ... to the area, and the business was able to adjust and settle over 90% of its dwelling, fire and homeowners claims within the first 30 days. Of all the achievements in 2007, the business is most proud of being there for its clients' customers when they were most needed. Assurant Annual Report 11

  • Page 16
    ... address emerging customer needs, as well as process efficiencies that help agents respond to their clients with timely, targeted solutions. The business is focused on creating preference with agent partners by making it easier than ever to do business with Assurant Health. prepared The essential...

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    for market Assurant Annual Report 13

  • Page 18
    managed for longevity

  • Page 19
    ...-one thing remained constant: Assurant's unwavering commitment and continued execution of our diversified specialty insurance strategy. We remain focused on pursuing targeted opportunities that will deliver profitable growth and increase shareholder value over the long term. While we believe our...

  • Page 20
    ... potential. For Assurant Solutions, which produced $143.9 million of net operating income, extended service contracts, international expansion and preneed insurance continue to be compelling growth opportunities. Assurant Health delivered $151.7 million of net operating income in 2007, fueled by...

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    ... 05 04 10.9% 15.1% 17.8% 16.7% net operating income1 U.S. Dollars in Millions operating return on equity2 07 06 05 04 $33.73 $29.97 $26.25 $23.57 07...investments and other non-recurring and/or infrequent items. 2~Excluding accumulated other comprehensive income (AOCI). Assurant Annual Report ...

  • Page 22
    ... More than Five Years Old Operations Less than Five Years Old Assurant Solutions continued to focus on international expansion in 2007. Countries of operation include Argentina, Brazil, Canada, China, Denmark, Germany, Ireland, Italy, Mexico, Spain, United Kingdom, United States and Puerto Rico.

  • Page 23
    ... the health insurance market continues to evolve toward a more consumer-driven environment, we are well positioned to compete long term based on our deep knowledge of the healthcare marketplace and by leveraging our advanced technology platforms. Advantage Agent is a great example of Assurant Health...

  • Page 24
    ... several times, have held three investor days and, in 2007, our first investor workshop at Assurant Specialty Property's facility in Springfield, Ohio. These all are noteworthy achievements, but what has made Assurant great, and will continue to drive our success, is that we are already focused on...

  • Page 25
    ... and Chief Investment Officer, Assurant Asset Management S. Craig Lemasters President and Chief Executive Officer, Assurant Solutions Gene Mergelmeyer President and Chief Executive Officer, Assurant Specialty Property Donald Hamm President and Chief Executive Officer, Assurant Health John S. Roberts...

  • Page 26
    07 financial report

  • Page 27
    ... New York, NY 10005 212.859.7029 [email protected] John Egan Vice President Investor Relations Assurant One Chase Manhattan Plaza New York, NY 10005 212.859.7197 [email protected] You may also visit our Investor Relations website: http://ir.assurant.com Form 10-K and Other Reports...

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    One Chase Manhattan Plaza New York, NY 10005 212.859.7000 www.assurant.com