Assurant 2005 Annual Report Download - page 15

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS
The following table and paragraphs provide, with respect to each person or entity known by Assurant to be the beneficial owner of more
than 5% of Assurant’s outstanding Common Stock as of February 15, 2005, (a) the number of shares of Common Stock so owned (based upon
the most recently reported number of shares outstanding as of the date the entity filed a Schedule 13G with the Securities and Exchange
Commission), and (b) the percentage of all outstanding shares represented by such ownership as of February 15, 2005 (based on an outstanding
share amount of 139,932,659 as of that date).
9
Shares of Common
Stock Owned Percentage of
Name of Beneficial Owner
Beneficially Class
Fortis Insurance N.V.(1)
22,999,130
16.44
%
FMR Corp.(2)
10,196,160
7.29
%
JPMorgan Chase & Co.(3)
9,937,235
7.10
%
T. Rowe Price Associates, Inc.(4)
7,059,800
5.05
%
(1) Fortis Insurance N.V., Archimedeslaan 6, 3584 BA, Utrecht, The Netherlands, filed a Schedule 13G on February 11, 2005, representing
its share ownership as of December 31, 2004, with respect to the beneficial ownership of 50,199,130 shares, representing 35.9% of our
Common Stock. Fortis Insurance N.V.’s holdings decreased to 22,999,130 shares after the completion of a secondary offering of their
shares on January 20, 2005. This represented 16.44% of our Common Stock, as of February 15, 2005.
(2) FMR Corp., 82 Devonshire Street, Boston, Massachusetts 02109, filed a Schedule 13G on February 14, 2005, with respect to the
beneficial ownership of 10,196,160 shares. This represented 7.29% of our Common Stock as of February 15, 2005.
(3) JPMorgan Chase & Co., 270 Park Avenue, New York, New York 10017, filed a Schedule 13G on February 11, 2005, with respect the
beneficial ownership of 9,937,235 shares. This represented 7.10% of our Common Stock as of February 15, 2005. JPMorgan Chase &
Co. has indicated that it filed this Schedule 13G on behalf of the following wholly-
owned subsidiaries: J.P. Morgan Chase Bank, National
Association, J.P. Morgan Investment Management, Inc., J.P. Morgan Trust Company, National Association, J.P. Morgan Fleming Asset
Management (UK) Limited, Bank One Trust Co., N.A., One Group Mutual Funds, and Banc One Investment Advisors Corporation.
During 2004, several entities we believe to be affiliated with JP Morgan Chase & Co. provided various financial services to Assurant,
including services such as acting as a dealer under our commercial paper facility and as a lender under our revolving credit facility and
providing cash management, underwriting, custody and broker-dealer services. We have also provided various insurance products to
entities we believe to be affiliated with JP Morgan Chase & Co. In addition, since 1994, Assurant has leased office space at One Chase
Manhattan Plaza, 41
st
Floor, New York, NY 10005 from The Chase Manhattan Bank (National Association).
(4) T. Rowe Price Associates, Inc., 100 E. Pratt Street, Baltimore, Maryland 21202, filed a Schedule 13G on February 8, 2005, with respect
to the beneficial ownership of 7,059,800 shares. This represented 5.05% of our Common Stock as of February 15, 2005. These securities
are owned by various individual and institutional investors for which T. Rowe Price Associates, Inc. (“Price Associates”) serves as
investment adviser with power to direct investments and /or sole power to vote the securities. For purposes of the reporting requirements
of the Securities and Exchange Act of 1934, Price Associates is deemed to be a beneficial owner of such securities; however, in its
Schedule 13G, Price Associates expressly disclaims that it is, in fact, the beneficial owner of such securities.