Assurant 2013 Annual Report Download - page 144

ASSURANT, INC. – 2013 Form 10-KF-58
21 Segment Information
Year Ended December 31, 2012
Solutions
Specialty
Property Health
Employee
Benefi ts
Corporate
& Other
Consolidated
Revenues
Net earned premiums $ 2,579,220 $ 2,054,041 $ 1,589,459 $ 1,014,264 $ 0 $ 7,236,984
Net investment income 396,681 103,327 64,308 128,485 20,327 713,128
Net realized gains on investments 0 0 0 0 64,353 64,353
Amortization of deferred gain on disposal of
businesses 0 0 0 0 18,413 18,413
Fees and other income 314,072 98,621 30,518 28,468 3,713 475,392
Total revenues 3,289,973 2,255,989 1,684,285 1,171,217 106,806 8,508,270
Benefi ts, losses and expenses
Policyholder benefi ts 840,133 949,157 1,174,108 693,067 (1,061) 3,655,404
Amortization of deferred acquisition costs and
value of business acquired 1,050,585 326,466 441 25,721 2 1,403,215
Underwriting, general and administrative
expenses 1,217,401 517,822 420,629 364,321 111,421 2,631,594
Interest expense 0 0 0 0 60,306 60,306
Total benefi ts, losses and expenses 3,108,119 1,793,445 1,595,178 1,083,109 170,668 7,750,519
Segment income (loss) before provision (benefi t)
for income taxes 181,854 462,544 89,107 88,108 (63,862) 757,751
Provision (benefi t) for income taxes 58,101 157,593 37,107 30,049 (8,804) 274,046
Segment income (loss) after taxes $ 123,753 $304,951 $52,000 $58,059 $(55,058)
Net income $ 483,705
Segment Assets:
Segment assets, excluding goodwill $ 12,342,077 $ 4,207,746 $ 882,731 $ 2,366,097 $ 8,507,242 $ 28,305,893
Goodwill 640,714
TOTAL ASSETS
$ 28,946,607
Year Ended December 31, 2011
Solutions
Specialty
Property Health
Employee
Benefi ts
Corporate
& Other
Consolidated
Revenues
Net earned premiums $ 2,438,407 $ 1,904,638 $ 1,718,300 $ 1,064,023 $ 0 $ 7,125,368
Net investment income 393,575 103,259 45,911 129,640 17,147 689,532
Net realized gains on investments 0 0 0 0 32,580 32,580
Amortization of deferred gain on disposal
of businesses 0 0 0 0 20,461 20,461
Fees and other income 265,204 79,337 34,635 25,382 305 404,863
Total revenues 3,097,186 2,087,234 1,798,846 1,219,045 70,493 8,272,804
Benefi ts, losses and expenses
Policyholder benefi ts 847,254 857,223 1,271,060 767,723 6,474 3,749,734
Amortization of deferred acquisition costs and
value of business acquired 1,002,995 299,657 605 24,531 0 1,327,788
Underwriting, general and administrative
expenses 1,034,685 470,169 460,041 361,541 102,359 2,428,795
Interest expense 0 0 0 0 60,360 60,360
Total benefi ts, losses and expenses 2,884,934 1,627,049 1,731,706 1,153,795 169,193 7,566,677
Segment income (loss) before provision (benefi t)
for income taxes 212,252 460,185 67,140 65,250 (98,700) 706,127
Provision (benefi t) for income taxes 76,202 156,462 26,254 22,175 (113,922) 167,171
Segment income after taxes $ 136,050 $303,723 $40,886 $43,075 $15,222
Net income $ 538,956
Segment Assets:
Segment assets, excluding goodwill $ 11,333,833 $ 3,387,027 $ 1,067,423 $ 2,477,192 $ 8,115,290 $ 26,380,765
Goodwill 639,097
TOTAL ASSETS $ 27,019,862