Item 2.02. Results of Operations and Financial Condition.
On October 28, 2020, Assurant, Inc. (the "Company") issued a news release
announcing that, in connection with the preparation of the third quarter 2020
financial statements, the Company expects to record a goodwill impairment charge
of approximately $136 million related to the Global Preneed segment given its
decision to explore strategic alternatives. The segment will show a balance of
$312 million of estimated GAAP equity, on its third quarter balance sheet,
reflecting the impairment. The estimated segment equity also excludes $639
million of AOCI associated with the Global Preneed legal entities. This non-cash
charge will be included in the Company's third quarter 2020 net income.
The text of the news release, attached hereto as Exhibit 99.1, is furnished and
not filed pursuant to General Instruction B.2 to Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Exhibit
99.1 News Release, dated October 28, 2020
The cover page from this Current Report on Form 8-K, formatted in Inline
104 XBRL
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