Assurant is a global provider of risk management solutions, specializing in protecting and supporting the needs of various industries and consumers
The company offers a diverse range of insurance products and services, including health, lifestyle, and property coverage, tailored to meet the evolving demands of its clients. Assurant focuses on delivering innovative solutions that enhance the customer experience while managing the complexities of risk in an ever-changing marketplace. Through its commitment to sustainability and community engagement, Assurant aims to not only safeguard assets but also promote resilience and stability for individuals and businesses alike.
Major indices rallied on Wednesday after December inflation data showed underlying price pressures slowing, reducing fears of a prolonged pause in interest rate cuts by the Federal Reserve.
Stock market gains during Dec. 24-Dec. 31 window, known as Santa Claus rally, averaging 0.85% return in 64 out of 96 years. 2018 saw strongest rally of 6.6%.
Concerns over flat pricing and an inevitable interest rate cut now loom over the insurance industry. Nonetheless, the space seems well-poised for growth amid this volatility. Here are some stocks in the industry to consider.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
By the end of today, December 18, 2023, Assurant (NYSE:AIZ) is set to deliver a dividend payout of $0.72 per share, equating to an annualized dividend yield of 1.81%. Shareholders who owned the stock prior to the ex-dividend date on November 24, 2023 will receive this payout.
Assurant, Inc., together with its subsidiaries, provides business services that supports, protects, and connects consumer purchases in North America, Latin America, Europe, and the Asia Pacific.
