AIZ Assurant Inc

Deprince Race & Zollo Inc. recently acquired 105,951 shares of Assurant, Inc. (NYSE:AIZ), valued at approximately $22.95 million, making their stake about 0.21% of the company. Assurant also increased its quarterly dividend to $0.88 per share, offering a 1.5% yield. The stock currently holds a consensus "Moderate Buy" rating with a target price of $252.67.

CNO Financial Group, Inc. (CNO) is positioned for growth due to strong premiums from various insurance products, increasing new annualized premiums, and higher fee revenues, supported by industry trends and technology investments. The company, a Zacks Rank #2 (Buy) stock, shows promising earnings forecasts and a strong return on invested capital. Despite a high debt-to-capital ratio and declining cash, its strategic plans and shareholder returns indicate continued long-term growth potential.

Chubb plans to cut approximately 20% of its global workforce, impacting 8,500 to 9,000 roles, over the next three to four years as part of a major digital transformation focused on AI and automation. This initiative aims to automate 85% of major underwriting and claims processes and generate 85% of global gross written premium digitally, positioning the insurer for an anticipated soft market. The company also projects its private investments to grow from $0.9bn to around $2bn.

This article analyzes Assurant (AIZ) following its Q3 earnings, noting its recent stock price increase and outperformance of the S&P 500. Despite this, the analysis suggests avoiding AIZ due to disappointing long-term revenue growth, soft demand indicated by net premiums earned, and only a meager increase in book value per share over the past five years, though recent BVPS growth has accelerated. The report concludes that Assurant's business quality falls short of standards, and better investment opportunities likely exist elsewhere.

Assurant (AIZ) has seen a significant stock price increase recently, outpacing the S&P 500. However, the article advises against buying AIZ due to disappointing long-term revenue growth, soft demand indicated by net premiums earned, and mediocre book value per share growth despite recent acceleration. The authors suggest better investment opportunities exist elsewhere.

Assurant Inc. (AIZ) stock rose 1.04% to $241.51 on Monday, marking its tenth consecutive day of gains. This performance outpaced the broader market, with the S&P 500 Index rising 0.64% and the Dow Jones Industrial Average gaining 0.47% during a positive trading session.