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ASSURANT, INC. – 2014 Form10-K F-1
Report of Independent Registered Public Accounting Firm
To the Board of Directors and Stockholders of Assurant, Inc.:
In our opinion, the consolidated fi nancial statements listed
in the index appearing under Item 15(a)1 present fairly, in all
material respects, the fi nancial position of Assurant, Inc. and
its subsidiaries (the “Company”) at December 31, 2014 and
2013, and the results of its operations and its cash fl ows for
each of the three years in the period ended December 31,
2014 in conformity with accounting principles generally
accepted in the United States of America. In addition, in our
opinion, the fi nancial statement schedules listed in the index
appearing under Item 15(a)2 present fairly, in all material
respects, the information set forth therein when read in
conjunction with the related consolidated fi nancial statements.
Also in our opinion, the Company maintained, in all material
respects, effective internal control over fi nancial reporting as
of December 31, 2014, based on criteria established in Internal
Control—Integrated Framework (2013) issued by the Committee
of Sponsoring Organizations of the Treadway Commission
(COSO). The Company’s management is responsible for these
fi nancial statements and fi nancial statement schedules,
for maintaining effective internal control over fi nancial
reporting and for its assessment of the effectiveness of internal
control over fi nancial reporting, included in Management’s
Annual Report on Internal Control Over Financial Reporting,
appearing under Item 9A. Our responsibility is to express
opinions on these fi nancial statements, on the fi nancial
statement schedules, and on the Company’s internal control
over fi nancial reporting based on our integrated audits. We
conducted our audits in accordance with the standards of
the Public Company Accounting Oversight Board (United
States). Those standards require that we plan and perform
the audits to obtain reasonable assurance about whether the
fi nancial statements are free of material misstatement and
whether effective internal control over fi nancial reporting
was maintained in all material respects. Our audits of the
fi nancial statements included examining, on a test basis,
evidence supporting the amounts and disclosures in the
fi nancial statements, assessing the accounting principles used
and signifi cant estimates made by management, and evaluating
the overall fi nancial statement presentation. Our audit of
internal control over fi nancial reporting included obtaining
an understanding of internal control over fi nancial reporting,
assessing the risk that a material weakness exists, and testing
and evaluating the design and operating effectiveness of
internal control based on the assessed risk. Our audits also
included performing such other procedures as we considered
necessary in the circumstances. We believe that our audits
provide a reasonable basis for our opinions.
A company’s internal control over fi nancial reporting is a
process designed to provide reasonable assurance regarding
the reliability of fi nancial reporting and the preparation of
fi nancial statements for external purposes in accordance
with generally accepted accounting principles. A company’s
internal control over fi nancial reporting includes those
policies and procedures that (i) pertain to the maintenance
of records that, in reasonable detail, accurately and fairly
refl ect the transactions and dispositions of the assets of the
company; (ii) provide reasonable assurance that transactions
are recorded as necessary to permit preparation of fi nancial
statements in accordance with generally accepted accounting
principles, and that receipts and expenditures of the company
are being made only in accordance with authorizations of
management and directors of the company; and (iii) provide
reasonable assurance regarding prevention or timely detection
of unauthorized acquisition, use, or disposition of the
company’s assets that could have a material effect on the
fi nancial statements.
Because of its inherent limitations, internal control over
fi nancial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the
degree of compliance with the policies or procedures may
deteriorate.
/s/PricewaterhouseCoopers LLP
New York, New York
February 19, 2015