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With a market cap of $10.8 billion, Assurant, Inc. (AIZ) is a global provider of risk management solutions serving North America, Latin America, Europe, and Asia Pacific. The company operates through its Global Lifestyle and Global Housing segments, offering protection services for connected devices, homes, and automobiles.
Shares of the Atlanta, Georgia-based company have underperformed the broader market over the past 52 weeks. AIZ stock has risen 11.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.2%. On a YTD basis, shares of the company are up 1.4%, compared to SPX’s 10.2% gain.