Assurant 2007 Annual Report Download - page 7

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Assurant Annual Report 3
overview
U.S. Dollars in Millions 07 06 % change
total revenue $8,454 $8,071 5
net earned premiums 7,408 6,844 8
net investment income 799 737 8
net operating income1 694 603 15
shareholders’ equity2 4,035 3,745 8
1~Assurant uses net operating income (a non-GAAP financial measure) as an important measure of the company’s
operating performance. Net operating income equals net income excluding net realized gains (or losses) on
investments and other non-recurring and/or infrequent items.
2~Excluding accumulated other comprehensive income (AOCI).