Item 8.01. Other Events.

On July 6, 2021, Assurant, Inc. (the "Company") announced that it has finalized its 2021 property catastrophe reinsurance program, limiting the Company's financial exposure and protecting its homeowners and renters policyholders against severe weather and other hazards.

2021 Catastrophe Reinsurance Program Summary

The Company continued to optimize its program to address both frequency and severity by reducing its retention to $55 million for certain second and third events while maintaining nearly $1 billion in loss coverage. At the same time, the Company increased its multiyear coverage to account for approximately 52% of its total U.S. Program and strategically exited certain international programs. These actions support the Company's long-term strategy in reducing catastrophe risk to the enterprise, which ultimately allows the Company to focus on driving strong earnings growth and cash flow across its fee-based and capital-light offerings.

2021 U.S. Program Key Highlights



•The U.S. Program provides $965 million of coverage(1) in excess of a $80
million retention for a first event, with retention lowering to $55 million for
a second and third event(2). Coverage protects against a projected probable
maximum loss of approximately a 1-in-174-year storm, based on projected modeled
loss estimates(3).
•When combined with the Florida Hurricane Catastrophe Fund, the U.S. Program
protects against gross Florida losses of up to approximately $1.2 billion.
•Overall, the majority of Assurant's business is not exposed to catastrophe
losses and therefore, combined with the comprehensive 2021 catastrophe
reinsurance program, the Company would expect to retain approximately 70% of net
operating income in a 1-in-50-year event compared to approximately 40% in 2017.
•Multiyear reinsurance contracts now cover approximately 52% of the U.S.
Program, reducing volatility in future reinsurance costs.
•Layers 2 through 6 allow for one automatic reinstatement; Layer 1 has two
reinstatements.
•Maintains unique cascading feature that provides multi-event protection in
which higher coverage layers (Layers 2 through 6) cascade down to $110 million
as the lower layers and reinstatement limits are exhausted.
•2021 reinsurance premiums for the total program are estimated to be
approximately $149 million pre-tax(4) based on current estimated exposure.
•Coverage was placed with more than 40 reinsurers that are all rated A- or
better by A.M. Best.

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(1)The 2021 Catastrophe Reinsurance Program also includes coverage in the
Caribbean of up to $150 million in excess of $20 million, and the Company's 2021
Latin America protection of up to $158 million in excess of $7 million which
will renew in full on August 1, 2021. Renewals are subject to changes in
coverage amount, retention and cost.
(2)Retention for second and third events is $55 million for hurricane and
earthquake perils only, with the additional layer as part of a flexible limit
that can be used for either $25 million in excess of $55 million or $50 million
in excess of $915 million.
(3)Probable Maximum Loss is projected based on estimated December 31, 2021
exposure and a blend of industry modeling tools. Actual losses may differ
materially from projections.
(4)Actual reinsurance premiums will vary if exposure changes significantly from
estimates or if reinstatement premiums are required due to catastrophe events.
Total pre-tax dollar amount includes Caribbean and Latin America coverage.
(5)The risk retained by the Company for the Florida Hurricane Catastrophe Fund
("FHCF") is applied to the main U.S. Program retention. The FHCF inures to the
benefit of the main U.S. Program. Once exhausted, there is no reinstatement of
the FHCF coverage.










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Cautionary Statement

Some of the statements included in this Form 8-K may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained in this Form 8-K are based upon the Company's historical performance and on current plans, estimates and expectations. The inclusion of this forward-looking information should not be regarded as a representation by the Company or any other person that the Company's future plans, estimates or expectations will be achieved. Actual results may differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update or review any forward-looking statements, whether as a result of new information, future events or other developments. For additional information on factors that could affect the Company's actual results, please refer to the factors identified in the reports that the Company files with the U.S. Securities and Exchange Commission (the "SEC"), including the risk factors identified in the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, each as filed with the SEC.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits
Exhibit No.         Exhibit
                    The cover page from this Current Report on Form 8-K, formatted in Inline
104                 XBRL.



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