Richard Dziadzio - Assurant Chief Financial Officer, Executive Vice President

AIZ Stock  USD 174.60  0.77  0.44%   

President

Mr. Richard S. Dziadzio was Chief Financial Officer, Executive Vice President of the Company. Mr. Dziadzio was appointed Executive Vice President and Chief Financial Officer effective July 2016. Mr. Dziadzio also served as the Companys Treasurer from July 2016 through November 2018. Before joining Assurant, Mr. Dziadzio served as Chief Financial Officer of QBE North America beginning in August 2013. From April 2012 to July 2013, Mr. Dziadzio was Chief Financial Officer of ANV, a specialty underwriter. since 2020.
Age 60
Tenure 4 years
Address 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210
Phone770 763 1000
Webhttps://www.assurant.com

Assurant Management Efficiency

The company has Return on Asset of 0.0178 % which means that on every $100 spent on assets, it made $0.0178 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1422 %, implying that it generated $0.1422 on every 100 dollars invested. Assurant's management efficiency ratios could be used to measure how well Assurant manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Assurant's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.02 in 2024, whereas Return On Capital Employed is likely to drop 0.02 in 2024. At this time, Assurant's Intangible Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 4.1 B in 2024, whereas Total Assets are likely to drop slightly above 32.7 B in 2024.
The company has 2.08 B in debt with debt to equity (D/E) ratio of 0.52, which is OK given its current industry classification. Assurant has a current ratio of 0.43, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Assurant until it has trouble settling it off, either with new capital or with free cash flow. So, Assurant's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Assurant sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Assurant to invest in growth at high rates of return. When we think about Assurant's use of debt, we should always consider it together with cash and equity.

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Assurant, Inc., together with its subsidiaries, provides lifestyle and housing solutions that support, protect, and connect consumer purchases in North America, Latin America, Europe, and the Asia Pacific. Assurant, Inc. was founded in 1892 and is headquartered in New York, New York. Assurant operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 15600 people. Assurant (AIZ) is traded on New York Stock Exchange in USA. It is located in 260 Interstate North Circle SE, Atlanta, GA, United States, 30339-2210 and employs 13,600 people. Assurant is listed under Multi-line Insurance category by Fama And French industry classification.

Management Performance

Assurant Leadership Team

Elected by the shareholders, the Assurant's board of directors comprises two types of representatives: Assurant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assurant. The board's role is to monitor Assurant's management team and ensure that shareholders' interests are well served. Assurant's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Assurant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Manny Becerra, Chief Innovation Officer
John Pawloski, VP Officer
Robert Stein, Independent Director
Keith Meier, Chief Operating Officer, Executive Vice President
Dimitry DiRienzo, Senior Vice President Chief Accounting Officer, Controller
Charles Koch, Independent Director
Keith Demmings, Executive Vice President and Presidentident - Global Lifestyle
Federico Bunge, President - Assurant Latin America
R Conner, Senior Risk
Lawrence Jackson, Independent Director
Mariana Wisk, Senior Vice President, Corporate Secretary
Gregory DeChurch, Deputy General Counsel
Michael Anderson, Interim President of Assurant Solutions
Joe Surber, Senior Vice President - Global Technology Officer
Claude Sarfo, Chief Europe
Debra Perry, Independent Director
Howard Carver, Independent Director
Tammy Schultz, Executive Vice President and Presidentident - Global Preneed
Subhashish Sengupta, Chief Officer
Ajay Waghray, CTO
Doris Vigo, Senior Vice President Chief Compliance Officer
Jay Rosenblum, Senior Vice President - Government Relations and Regulatory Affairs
Braxton Carter, Director
Christopher Pagano, Executive Vice President Treasurer, Chief Investment Officer and Presidentident - Assurant Asset Management
Francesca Luthi, Executive Vice President, Chief Administrative Officer
Manuel Becerra, Executive Officer
J Carter, Independent Director
Adam Lamnin, Executive Vice President and Presidentident and CEO - Assurant Health
Sean Moshier, Vice Relations
JeanPaul Montupet, Independent Director
Biju Nair, President - Global Connected Living Business
Vadim Lipovetsky, Chief Investment Officer
Elaine Rosen, Independent Non-Executive Chairman of the Board and Presidentiding Director
Gene Mergelmeyer, Chief Admin. Officer, Executive VP, CEO of Assurant Specialty Property and President of Assurant Specialty Property
Robert Zanussi, President and Chief executive officer - Canada
Stacie Sherer, Vice Communications
Bart Schwartz, Executive Vice President Chief Legal Officer, Secretary
Deborah Cornwell, Senior Vice President - Customer Experience
John Sondej, Senior Vice President Controller, Principal Accounting Officer
Suzanne Shepherd, IR Contact Officer
Daniel Pacicco, Senior Vice President Chief Accounting Officer, Controller
Alecia Bailey, Equity Diversity
David Conner, Senior Vice President - Global Head of Risk
Paget Alves, Independent Director
Juan Cento, Independent Director
Richard Dziadzio, Chief Financial Officer, Executive Vice President
Harriet Edelman, Independent Director
Robyn Stonehill, Chief Human Resource Officer, Executive Vice President
Michael Campbell, Executive Vice President and Presidentident - Global Housing
Craig Lemasters, Executive VP, CEO of Assurant Solutions and President of Assurant Solutions
Ognjen Redzic, Independent Director
Emmet Burns, Senior Vice President - Brand and Marketing
Alan Colberg, President, Chief Executive Officer, Director
Sanida Bratt, Senior Vice President - Emerging Solutions
Joseph III, Senior Officer
Elyse Douglas, Independent Director
Paul Cosgrove, President - Canadian operations
Christian Formby, President Europe
Chandra Wilensky, Senior Vice President Talent
Paul Reilly, Independent Director
Carey Roberts, Executive Vice President Chief Legal Officer and Corporate Secretary
Robert Lonergan, Executive Vice President and Chief Strategy and Risk Officer

Assurant Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Assurant a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Assurant

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Assurant position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Assurant will appreciate offsetting losses from the drop in the long position's value.

Moving together with Assurant Stock

  0.7AGO Assured Guaranty Financial Report 14th of May 2024 PairCorr
  0.84AXS AXIS Capital Holdings Financial Report 24th of April 2024 PairCorr

Moving against Assurant Stock

  0.57DHIL Diamond Hill InvestmentPairCorr
  0.47TIPT TiptreePairCorr
  0.44AC Associated CapitalPairCorr
  0.41ITIC Investors TitlePairCorr
The ability to find closely correlated positions to Assurant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assurant when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Assurant - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Assurant to buy it.
The correlation of Assurant is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Assurant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assurant moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Assurant can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Assurant offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Assurant's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Assurant Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Assurant Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assurant. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Assurant Stock please use our How to Invest in Assurant guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Assurant's price analysis, check to measure Assurant's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Assurant is operating at the current time. Most of Assurant's value examination focuses on studying past and present price action to predict the probability of Assurant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assurant's price. Additionally, you may evaluate how the addition of Assurant to your portfolios can decrease your overall portfolio volatility.
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Is Assurant's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Assurant. If investors know Assurant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Assurant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.69
Dividend Share
2.82
Earnings Share
11.94
Revenue Per Share
208.242
Quarterly Revenue Growth
0.125
The market value of Assurant is measured differently than its book value, which is the value of Assurant that is recorded on the company's balance sheet. Investors also form their own opinion of Assurant's value that differs from its market value or its book value, called intrinsic value, which is Assurant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Assurant's market value can be influenced by many factors that don't directly affect Assurant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Assurant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assurant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assurant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.