Assurant Expects Global Housing Segment To Record About $46M Pre-Tax Of Reportable Catastrophes For Q2 2024
Portfolio Pulse from Benzinga Newsdesk
Assurant expects its Global Housing segment to record approximately $46 million pre-tax of reportable catastrophes for Q2 2024, according to an SEC filing.
July 15, 2024 | 8:21 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Assurant expects its Global Housing segment to record approximately $46 million pre-tax of reportable catastrophes for Q2 2024, which could impact its earnings.
The anticipated $46 million pre-tax in reportable catastrophes for Q2 2024 is likely to negatively impact Assurant's earnings, leading to a potential short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100