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Assurant reported strong Q4 2024 results, with a 10% increase in GAAP net income, driven by solid Global Housing performance and a lower impact from foreign exchange fluctuations. Adjusted EPS grew 5% year-over-year, and revenue increased 5%.
Assurant expects modest growth in Adjusted EBITDA and EPS in 2025, with strong performance from Connected Living and Global Automotive, but a modest decline in Global Housing EBITDA due to prior-year favorable development.
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