Under the revised terms, Assurant, Inc. will acquire TWG Holdings Limited and its subsidiaries, and remain a Delaware corporation. This change follows recently enacted U.S. tax legislation and allows Assurant to simplify the overall deal structure and optimize the transaction financing mix.
The transaction values The Warranty Group at $1.9 billion in equity value, or $2.5 billion of enterprise value, including their existing debt.
The deal is expected to yield $60m in pre-tax operating synergies. View Assurant’s presentation on the deal breakdown: http://s1.q4cdn.com/131015182/files/doc_presentations/2017/Assurant’s-Acquisition-of-The-Warranty-Group-Presentation.pdf
American Auto Shield, a leading provider of extended vehicle protection, today announces the launch of the American Auto Shield Powersport Protection Program. The program includes direct-to-consumer extended coverage for on-road and off-road motorcycles and all-terrain vehicles (ATVs).
Assurant and MyDigitalShield team up to help protect small businesses against losses from data breaches.
Mandate underscores organization’s drive toward global enterprise model
NEW YORK, June 1, 2016 — Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions, today announced the appointment of Richard S. Dziadzio to the role of chief financial officer and treasurer, effective July 18, 2016. Dziadzio joins Assurant from QBE North America where he most recently served as CFO, and helped lead the company’s transformation strategy. Continue reading
New protection plan for all eBay shoppers buying auto parts and accessories.
Assurant Solutions launches Fixed by Assurant to provide repair service and extended coverage when you need it most
ATLANTA, March 31, 2015 –- How frustrating is it to have a major appliance break only to discover that the manufacturer’s warranty has expired?
Assurant Inc. reported fourth-quarter 2014 net operating income of 87 cents per share…
A.M. Best has affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the U.S. property/casualty and life/health subsidiaries of Assurant, Inc. (Assurant) (headquartered in New York, NY) (NYSE:AIZ).
NOVEMBER 20, 2014 – NEWS RELEASE
ATLANTA, Nov. 20, 2014 –- Assurant Solutions, a global provider of mobile protection products and services, today announced the appointment of Gilles Giacosa to the role of Senior Vice President of Strategy and Strategic Initiatives for its Connected Living division.