| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | 2022-12 | 2027 | Global | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2022 Plan (amended Sept 2023): actions completed in 2025, some remaining payments scheduled into 2027. No costs incurred in Q2 2026. Employee affected counts not disclosed. | ||||
| 2026-06-30 | restructuring | completed | 2025-12 | Global | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2025 Plan finalized Dec 2025; total costs incurred in Q4 2025, no additional costs expected. Severance accrual $17.0M and contract exit accrual $6.2M outstanding at 2026-06-30; employee counts not disclosed. | ||||
| 2026-06-30 | restructuring | in_progress | 2022-12-01 | 2027-12-31 | Global | Corporate and Other | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2022 Plan amended in Sept 2023. No costs incurred in Q2 2026. Remaining payments scheduled into 2027. Accrued liability of $23.2M ($17.0M severance, $6.2M contract exit) as of June 30, 2026. | ||
| 2026-06-30 | restructuring | completed | 2025-12-01 | 2025-12-31 | Global | Corporate and Other | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2025 Plan finalized Dec 2025. Total costs of $28.7M incurred in Q4 2025. No additional costs expected. No costs incurred in Q2 2026. | ||
| 2026-03-31 | restructuring | in_progress | 2025-12-01 | Global | Corporate and Other | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | No costs incurred related to the 2025 Plan or 2022 Plan for the three months ended March 31, 2026. Total costs of $28.7 million were incurred in Q4 2025 for the 2025 Plan, with no additional costs expected. | |||
| 2026-03-31 | restructuring | in_progress | 2025-12-01 | 2027-12-31 | Global | Corporate and Other | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Refers to the '2022 Plan' amended in Sept 2023. Accrued liability at March 31, 2026 was $26.8M ($20.0M severance, $6.8M contract exit). No costs incurred in Q1 2026. Actions completed in 2025 with payments scheduled into 2027. | ||
| 2026-03-31 | restructuring | completed | 2025-12-01 | 2025-12-31 | Global | Corporate and Other | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Refers to the '2025 Plan' finalized in Dec 2025. Total costs of $28.7M incurred in Q4 2025. No additional costs expected. | ||
| 2025-12-31 | restructuring | completed | 2025-12 | Global | Company-wide | USD 29 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | 2025 Plan to optimize operational efficiencies and reduce the global footprint, finalized December 2025; all costs incurred in fiscal 2025 and none additional expected. The cost table combines both plans: $27.3M recorded in underwriting, selling, general and administrative expenses in 2025 (severance $23.5M, contract exit $2.3M, fixed asset impairment $0.1M, right-of-use asset impairment $1.4M); 2025 Plan-specific total of $28.7M is the program-level figure. No employee count disclosed. | |||
| 2025-12-31 | restructuring | completed | 2022-12 | 2025 | Global | Company-wide | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year 2022 Plan (amended and extended September 2023) to simplify the business portfolio, consolidate real estate and reduce costs via the global footprint; actions were completed in 2025 with some remaining payments scheduled into 2027. Fiscal 2025 charges for this plan are not separately broken out from the 2025 Plan in the combined $27.3M charge table; only current-year status is captured here to avoid double-counting prior-year activity. | |||
| 2025-12-31 | restructuring | completed | 2025-12-01 | 2025-12-31 | Global | Enterprise-wide | USD 29 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan finalized in December 2025 to optimize operational efficiencies and reduce global footprint; total costs of $28.7M incurred for the year ended 2025-12-31 with no additional costs expected. Number of employees affected is not disclosed. Announcement date shown as December 2025 (day not specified). | ||
| 2025-12-31 | restructuring | completed | 2022-12-01 | 2027-12-31 | Global | Enterprise-wide (includes real estate consolidation and organizational structure changes) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program finalized December 2022 and amended/extended September 2023; actions were completed during 2025 with some remaining cash payments scheduled into 2027. Costs attributable to the 2025 Plan and the 2022 Plan are not separately disclosed for the current year (combined 2025 restructuring and impairment charges were $27.3M, including $23.5M severance and other employee benefits). Employees affected not disclosed. Announcement date shown as December 2022 (day not specified). | |||
| 2025-12-31 | divestiture_reduction | in_progress | United States | Corporate and Other — subsidiary holding runoff businesses including long-term care | USD 11 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell a subsidiary entered into during 2025; classified as held for sale at 2025-12-31 with a $10.7M loss recorded. Regulatory approval from the New York State Department of Financial Services obtained in January 2026. Headcount removed through the disposition is not disclosed; charge represents loss on the pending subsidiary sale rather than severance. | ||||
| 2025-12-31 | restructuring | completed | 2025-12-01 | Global | USD 29 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | New restructuring plan finalized in December 2025 to optimize operational efficiencies and reduce global footprint. Total costs of $28.7 million incurred. No additional costs expected. Employee count not disclosed. | ||||
| 2025-12-31 | restructuring | completed | 2025-12-01 | 2025-12-31 | Global | Corporate and Other | USD 29 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2025 Plan finalized in December 2025 to optimize operational efficiencies. Total costs of $28.7 million incurred in 2025. No additional costs expected. Employee count not explicitly disclosed. | ||
| 2025-12-31 | restructuring | in_progress | 2022-12-01 | 2027-12-31 | Global | Corporate and Other | USD 27 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2022 Plan (amended 2023) activity in 2025. Total restructuring charges for 2025 were $27.3 million (including $23.5M severance). Actions completed in 2025 with remaining payments scheduled into 2027. Employee count not explicitly disclosed. | ||
| 2025-12-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD 27,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Severance And Other Employee Benefits [Member] | USD 29,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 5,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs of $1.4 million reported for the nine months ended September 30, 2025, related to strategic exit activities. | ||||||
| 2025-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | USD 0 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring costs of $0.3 million reported for the three months ended June 30, 2025. No employee count disclosed. | ||||||
| 2025-06-30 | restructuring | in_progress | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring costs of $1.4 million reported for the six months ended June 30, 2025. No employee count disclosed. | ||||||
| 2025-06-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD -300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | 2022-12-01 | 2026-12-31 | Global | Corporate and Other | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Transformational plan: Severance and other employee benefits incurred in Q1 2025. Plan amended in Sept 2023; expected substantially complete in 2026. | ||
| 2025-03-31 | restructuring | in_progress | 2022-12-01 | 2026-12-31 | Global | Corporate and Other | USD -3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Return to work strategy: Contract exit costs incurred in Q1 2025. Negative value indicates benefit/adjustment in cash flow statement context, but reported as cost in table. | ||
| 2025-03-31 | restructuring | in_progress | 2022-12-01 | 2026-12-31 | Global | Corporate and Other | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Transformational plan: Severance and other employee benefits incurred in Q1 2025. Program amended in Sept 2023, expected substantially complete in 2026. No employee count disclosed for this specific charge. | ||
| 2025-03-31 | restructuring | in_progress | 2022-12-01 | 2026-12-31 | Global | Corporate and Other | USD -3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Return to work strategy: Contract exit costs incurred in Q1 2025. Part of broader real estate consolidation and organizational realignment. | ||
| 2025-03-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD 1,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Transformation Plan [Member] | USD 2,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Return To Work Strategy [Member] | USD 500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 2022-12 | 2025 | Global | Enterprise-wide | USD 5 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | FY2024 severance and other employee benefits charge under the December 2022 transformational plan (organizational realignment and global footprint simplification), amended September 2023; estimated total plan cost $57.2 million; no headcount disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 2022-12 | 2025 | Global | Enterprise-wide | USD 1 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | FY2024 contract exit costs under the return-to-work strategy (real estate consolidation supporting hybrid work); FY2024 fixed-asset and right-of-use impairments under this strategy were zero; estimated strategy total cost $35.4 million. | ||
| 2024-12-31 | divestiture_reduction | completed | 2023-10 | 2024 | Mainland China (excluding Hong Kong) | Non-core operations (Corporate and Other segment) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Decision announced in Q4 2023 to fully exit mainland China operations (other than Hong Kong); operations sold during 2024 and removed from non-core operations. No employee headcount or severance figure disclosed. | |||
| 2024-12-31 | restructuring | in_progress | 2022-12 | 2025-12-31 | Global | Enterprise (organizational structure and talent realignment) | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Transformational plan announced December 2022, amended and extended September 2023; $4.5M severance and employee benefit costs incurred in FY2024 (FY2024 activity only). Accrued liability $13.4M at 2024-12-31. Employee counts not disclosed | ||
| 2024-12-31 | restructuring | in_progress | 2022-12 | 2025-12-31 | Global | Corporate (real estate consolidation / return to work strategy) | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Contract exit costs of $0.9M incurred in FY2024 under the return to work strategy; no fixed asset or right-of-use impairments in FY2024. Accrued liability $11.2M at 2024-12-31. Employee counts not disclosed | ||
| 2024-12-31 | divestiture_reduction | completed | 2023-12-31 | 2024-12-31 | Mainland China (excluding Hong Kong) | Global Lifestyle / non-core operations | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit decision made in Q4 2023; mainland China operations sold during 2024 and removed from non-core operations. Headcount not disclosed | |||
| 2024-12-31 | restructuring | completed | 2022-12 | 2025 | Global | Corporate and Global Operations | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | December 2022 plan amended in 2023 to include real estate consolidation and organizational realignment. $5.4 million in restructuring costs recorded in 2024. Plan expected to complete in 2025. | ||
| 2024-12-31 | restructuring | in_progress | 2022-12-01 | 2025-12-31 | Global | Corporate and Operational | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | December 2022 transformational plan and return to work strategy, amended in September 2023. Expected completion in 2025. $5.4 million incurred in 2024. No specific employee count disclosed for 2024 activity. | ||
| 2024-12-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD 5,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Transformation Plan [Member] | USD 5,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Return To Work Strategy [Member] | USD 1,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate / enterprise-wide | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transformational plan (Dec 2022, amended Sep 2023): severance and other employee benefits. Nine months 2024 charge was $(0.7)M (net credit); estimated remaining costs $3.2M; estimated total costs $55.2M. No employee count disclosed. | ||
| 2024-09-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate / real estate (return to work strategy) | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Return to work strategy: contract exit costs, fixed asset impairment, and right-of-use asset impairment. Nine months 2024 charges $0.9M; estimated remaining costs $0.0M; estimated total costs $35.4M. No employee count disclosed. | ||
| 2024-09-30 | restructuring | in_progress | 2022-12-31 | 2025-06-30 | Global | Corporate and Other / Global Lifestyle / Global Housing | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Part of the 'transformational plan' and 'return to work strategy' announced in Dec 2022 and amended in Sept 2023. Total estimated costs are $90.6 million. $3.2 million remains to be incurred. No specific employee count disclosed for the current quarter's charges. | ||
| 2024-09-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate and Other | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Transformational plan: Realigning organizational structure and talent. Q3 2024 incurred negative severance charges of $1.0M (likely reversals). Estimated total costs $55.2M. Expected substantially complete by mid-2025. | ||
| 2024-09-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate and Other | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Return to work strategy: Real estate consolidation. Q3 2024 incurred $0.0M in contract exit costs. Estimated total costs $35.4M. Expected substantially complete by mid-2025. | ||
| 2024-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Transformation Plan [Member] | USD 300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Return To Work Strategy [Member] | USD 1,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Enterprise-wide | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transformational plan includes organizational restructuring and severance; no employee count disclosed. Q2 2024 severance charge $0.3M; estimated remaining costs $3.2M; total program estimated at $56.2M. | ||
| 2024-06-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Real estate / facilities | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Return to work strategy: real estate consolidation and contract exit costs; no employee count disclosed. Q2 2024 charge $0.9M; total program estimated at $35.4M. | ||
| 2024-06-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate and Other / Transformational Plan | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Part of the 'transformational plan' finalized in Dec 2022 and amended in Sept 2023. Q2 2024 incurred costs of $0.3M (severance). Total estimated costs $56.2M. Expected substantially complete by mid-2025. | ||
| 2024-06-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate and Other / Return to Work Strategy | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Part of the 'return to work strategy' (real estate consolidation). Q2 2024 incurred costs of $0.9M (contract exit). Total estimated costs $35.4M. Expected substantially complete by mid-2025. | ||
| 2024-06-30 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate and Other | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing 'transformational plan' and 'return to work strategy' amended in Sept 2023. Q2 2024 charges of $1.2M include $0.3M severance and $0.9M contract exit costs. Expected substantially complete by mid-2025. Employee count not disclosed. | ||
| 2024-06-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member] | USD 1,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Transformation Plan [Member] | USD 300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Return To Work Strategy [Member] | USD 1,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Enterprise-wide | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transformational plan and return-to-work strategy; $4.6M estimated remaining costs. No employee count disclosed. Plan amended Sept 2023; substantially complete by mid-2025. | ||
| 2024-03-31 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate and Other / Global Lifestyle / Global Housing | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | No costs incurred in Q1 2024. Program includes transformational plan and return to work strategy. Estimated total costs $91.8 million; $4.6 million remaining. | ||
| 2024-03-31 | restructuring | in_progress | 2022-12-01 | 2025-06-30 | Global | Corporate and Other | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing 'transformational plan' and 'return to work strategy' amended in Sept 2023. No costs incurred in Q1 2024. Estimated remaining costs $4.6M; total estimated costs $91.8M. Employee count not disclosed. | ||
| 2024-03-31 | restructuring | in_progress | Segment Reconciling Items [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 2022-12 | 2024 | Enterprise-wide organizational structure | USD 21 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Transformational plan finalized December 2022 to simplify the business portfolio and realign organizational structure and talent; amended and extended September 2023 to add further organizational changes. FY2023 severance and other employee benefit charges of $21.0M (accrual rollforward shows $23.0M of charges incurred); estimated total plan cost $57.3M with $4.6M remaining. No headcount affected disclosed; completion targeted by mid-2024. | |||
| 2023-12-31 | restructuring | in_progress | 2022-12 | 2024 | Corporate real estate / facilities | USD 13 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Return to work strategy: accelerated real estate consolidation supporting hybrid work arrangements; FY2023 charges of $13.3M comprising $6.5M contract exit costs, $1.2M fixed asset impairment and $5.6M right-of-use asset impairment. Amended September 2023 to include further real estate consolidation. No headcount affected disclosed; completion targeted by mid-2024. | |||
| 2023-12-31 | other | announced | 2023 | Mainland China (excluding Hong Kong) | Global Lifestyle / non-core operations | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Decision made in fourth quarter 2023 to fully exit mainland China operations (other than Hong Kong); grouped with non-core operations the company has exited or expects to exit. No headcount or associated charge disclosed; full exit is a wind-down rather than a sale, so classified as other. | ||||
| 2023-12-31 | restructuring | in_progress | 2022-12 | 2024-06-30 | Global | Enterprise-wide (organizational structure, talent and corporate real estate) | USD 21 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Transformational plan: $21.0M severance and other employee benefits incurred in FY2023 (of $57.3M estimated total program cost; $4.6M estimated remaining). Plan finalized December 2022 and amended/extended September 2023; employee counts not disclosed. A related return-to-work real estate strategy incurred $13.3M in FY2023 (contract exit and asset impairments, no severance). | ||
| 2023-12-31 | other | announced | 2023-10 | China (mainland, excluding Hong Kong) | Global Lifestyle / non-core operations | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision made in fourth quarter 2023 to fully exit mainland China operations (other than Hong Kong); classified within non-core operations. Headcount and charge not quantified for the workforce impact. | ||||
| 2023-12-31 | restructuring | in_progress | 2022-12-01 | 2024-06-30 | Global | Corporate and Operational | USD 34 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Amended and extended 2022 restructuring plan to include further consolidation of real estate portfolio and organizational changes. Expected completion by mid-2024. $34.3 million in restructuring costs recorded in 2023. | ||
| 2023-12-31 | restructuring | in_progress | 2022-12-01 | 2024-06-30 | Global | Corporate and Operations | USD 34 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Amended and extended 2022 plan to include further real estate consolidation and organizational changes. Charges incurred in 2023 were $34.3 million. Expected completion by mid-2024. | ||
| 2023-12-31 | restructuring | in_progress | Segment Reconciling Items [Member] | USD 34,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Transformation Plan [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Return To Work Strategy [Member] | USD 8,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 2022-12-31 | 2024-06-30 | Global | Corporate / organizational structure | USD 57 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and other employee benefits component of the transformational plan; estimated total cost $57.3M, of which $31.7M incurred through Dec 2022, $9.5M in 9M 2023, $16.1M remaining. Employee count not disclosed. | ||
| 2023-09-30 | restructuring | in_progress | 2022-12-31 | 2024-06-30 | Global | Real estate / return-to-work strategy | USD 35 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes contract exit costs, fixed asset impairment and right-of-use asset impairment; estimated total $34.9M. Plan amended and extended in September 2023 to add further real estate consolidation and organizational changes; completion now expected by mid-2024. Employee count not disclosed. | ||
| 2023-09-30 | restructuring | in_progress | 2022-12-01 | 2024-06-30 | Global | Corporate and Other | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | December 2022 transformational plan and return to work strategy amended in September 2023 to include additional actions; completion expected by mid-2024. Total estimated costs $92.2 million. | ||
| 2023-09-30 | restructuring | in_progress | 2022-12-01 | 2024-06-30 | Global | Corporate and Other | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Amended and extended December 2022 plan in September 2023 to include further real estate consolidation and organizational changes. Q3 2023 charges of $13.2M include $12.4M severance and $0.8M return-to-work strategy costs. Total estimated costs $92.2M. | ||
| 2023-09-30 | restructuring | in_progress | Segment Reconciling Items [Member] | USD 13,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Transformation Plan [Member] | USD 11,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Return To Work Strategy [Member] | USD 7,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2022-12-31 | 2023-12-31 | Global | Corporate (organizational realignment) | USD -3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transformational plan: severance and other employee benefits of $(2.9)M recorded in Q2 2023 (credit); cumulative costs through Dec 31, 2022 were $31.7M; estimated remaining costs $6.2M; estimated total $35.0M. No employee count disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2022-12-31 | 2023-12-31 | Global | Corporate (real estate consolidation / return to work strategy) | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Return to work strategy costs of $8.0M in Q2 2023 (contract exit $4.9M, right-of-use asset impairment $3.1M); estimated total $29.2M. No employee count disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2022-12-31 | 2023-12-31 | Global | Corporate and Other / Global Lifestyle / Global Housing | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Transformational plan costs incurred in Q2 2023 were $1.3 million (severance and other employee benefits). Total estimated costs for transformational plan are $35.0 million. No specific employee count disclosed. | ||
| 2023-06-30 | restructuring | completed | 2022-12-31 | 2023-06-30 | Global | Real Estate / Corporate | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Return to work strategy costs incurred in Q2 2023 were $8.0 million (contract exit costs and right-of-use asset impairment). Total estimated costs are $29.2 million. Program appears complete as remaining costs are $0. No specific employee count disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2022-12-01 | 2023-12-31 | Global | Corporate and Other | USD 35 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Transformational plan finalized in Dec 2022 to simplify portfolio and leverage global footprint. Includes realigning organizational structure and talent. Estimated total costs $35.0M. Costs incurred in Q2 2023 were $1.3M (severance). Remaining estimated costs $6.2M. | ||
| 2023-06-30 | restructuring | completed | 2022-12-01 | 2023-12-31 | Global | Corporate and Other | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Return to work strategy accelerating real estate consolidation for hybrid workforce. Estimated total costs $29.2M (contract exit, fixed asset impairment, right-of-use asset impairment). Costs incurred in Q2 2023 were $8.0M. No remaining estimated costs. | ||
| 2023-06-30 | restructuring | in_progress | Segment Reconciling Items [Member] | USD -1,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Transformation Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Return To Work Strategy [Member] | USD 4,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | 2022-12-31 | 2023-12-31 | Global | Corporate-wide (transformational plan) | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Transformational plan and return-to-work strategy; $6.4M charged in Q1 2023, $64.2M estimated total. No employee count disclosed. | ||
| 2023-03-31 | restructuring | in_progress | 2022-12-01 | 2023-12-31 | Global | Corporate and Other | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company finalized plan in Dec 2022 to simplify portfolio and leverage global footprint. Includes transformational plan and return to work strategy. Expected completion in 2023. Total estimated costs $64.2 million. | ||
| 2023-03-31 | restructuring | in_progress | 2022-12-01 | 2023-12-31 | Global | Corporate and Other | USD 35 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Transformational plan finalized in Dec 2022 to simplify portfolio and leverage global footprint. Includes realigning organizational structure and talent. Estimated total costs $35.0M. Q1 2023 charges included $1.6M non-cash adjustment and $6.7M cash payments. Employee count not disclosed. | ||
| 2023-03-31 | restructuring | completed | 2022-12-01 | 2023-03-31 | Global | Corporate and Other | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Return to work strategy accelerating real estate consolidation for hybrid workforce. Estimated total costs $29.2M (contract exit, fixed asset impairment, right-of-use asset impairment). No remaining costs estimated as of Q1 2023. Employee count not disclosed. | ||
| 2023-03-31 | restructuring | in_progress | Segment Reconciling Items [Member] | USD 6,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Transformation Plan [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Return To Work Strategy [Member] | USD 4,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2022-12 | 2023 | Global | Company-wide organizational realignment and talent actions | USD 32 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Transformational plan finalized December 2022 to realign organizational structure and talent. 2022 severance and other employee benefits charge $31.7M; estimated total program cost $35.0M; severance accrual $29.3M at year-end with $2.4M paid. Employees affected not disclosed. ~$55M gross annualized run-rate savings targeted by year-end 2024, more than half in 2023 | ||
| 2022-12-31 | restructuring | in_progress | 2022-12 | 2023 | Not specified | Real estate consolidation (return to work strategy) | USD 21 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Accelerated real estate consolidation supporting hybrid workforce. 2022 charges: contract exit costs $15.5M, fixed asset impairment $1.1M, right-of-use asset impairment $4.6M; estimated total $29.6M. Headcount impact not disclosed; actions part of same December 2022 plan expected to complete in 2023 | ||
| 2022-12-31 | restructuring | in_progress | 2022-12 | 2023 | Global | Enterprise-wide organizational structure, including Global Housing | USD 32 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance incurred in FY2022; estimated total program cost $35.0M with $3.3M remaining. Supports approximately $55M gross annualized run-rate savings by year-end 2024. Headcount not disclosed. | ||
| 2022-12-31 | restructuring | in_progress | 2022-12 | 2023 | Global | Real estate consolidation supporting hybrid work model | USD 21 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Comprises $15.5M contract exit costs, $4.6M right-of-use asset impairment and $1.1M fixed asset impairment; estimated total $29.6M. Primarily real estate rather than headcount reduction. | ||
| 2022-12-31 | acquisition_addition | completed | 2022-11-01 | 2022-11-01 | United States | Global Housing — commercial equipment and vehicle leasing insurance agency | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of American Lease Insurance Agency Corporation and captive subsidiary; acquired headcount not disclosed | |||
| 2022-12-31 | divestiture_reduction | completed | 2022-04-01 | 2022-04-01 | United States | Corporate and Other — run-off life business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divested run-off business; associated headcount not disclosed | |||
| 2022-12-31 | restructuring | in_progress | 2022-12-01 | 2023-12-31 | Global | Corporate and Global Housing | USD 55 (millions) | Item 1 - Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Finalized plan in December 2022 to realign organizational structure and accelerate real estate consolidation. Expects $55 million in gross annualized run rate savings by year-end 2024, with more than half realized in 2023. | ||
| 2022-12-31 | restructuring | in_progress | 2022-12-01 | 2023-12-31 | Global | Corporate and Global Housing | USD 53 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Transformational plan and return to work strategy. Costs incurred in 2022 were $52.9 million. Expected completion in 2023. Employee count not explicitly disclosed in footnote, though narrative mentions realigning talent. | ||
| 2022-12-31 | restructuring | in_progress | Segment Reconciling Items [Member] | USD -53,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Transformation Plan [Member] | USD 31,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Return To Work Strategy [Member] | USD 15,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | divestiture_reduction | completed | 2021-03-08 | 2021-08-02 | United States and international (Global Preneed business) | Disposed Global Preneed business (formerly a reportable segment); certain businesses previously reported in Corporate and Other | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Equity Purchase Agreement dated March 8, 2021; sale of Global Preneed entities to CUNA Mutual Group closed August 2, 2021 for $1.34 billion ($1.31 billion net proceeds), generating a $720.1 million after-tax gain. No employee headcount affected was disclosed. | |||
| 2021-12-31 | divestiture_reduction | announced | 2021-12 | 2022-06 | United States | Corporate and Other (runoff life insurance business) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | December 2021 agreement to sell John Alden Life Insurance Company (JALIC); closing expected in the first half of 2022 subject to regulatory approvals. JALIC assets and liabilities recorded as held for sale at year-end 2021. No employee headcount affected was disclosed. | |||
| 2021-12-31 | divestiture_reduction | completed | 2021-03-08 | 2021-08-02 | Global | Global Preneed segment and certain businesses previously disposed of through reinsurance | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed Aug 2, 2021 for $1.34 billion cash to CUNA Mutual Group subsidiaries; no employee count disclosed | |||
| 2021-12-31 | divestiture_reduction | announced | 2021-12-31 | 2022-06-30 | United States | Corporate and Other — John Alden Life Insurance Company (runoff) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement entered in December 2021; assets and liabilities classified as held for sale at Dec 31, 2021; expected to close in first half of 2022 subject to regulatory approvals; no employee count disclosed | |||
| 2021-09-30 | divestiture_reduction | completed | 2021-03-08 | 2021-08-02 | Global | Global Preneed segment and certain businesses previously disposed of through reinsurance (Corporate and Other) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the disposed Global Preneed business to CUNA Mutual Group subsidiaries closed 2021-08-02 for $1.35 billion cash at closing; no employee or headcount impact is quantified anywhere in this filing. | |||
| 2020-12-31 | restructuring | in_progress | USD 19 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Ongoing TWG acquisition integration program restructuring systems, processes and workforce (including severance, retention, facilities and consulting); FY2020 integration costs of $19.3 million reported in underwriting, general and administrative expenses; no employee headcount or completion timeline disclosed; program dates to the May 2018 acquisition. | ||||||
| 2020-12-31 | acquisition_addition | completed | 2020-05-01 | 2020-05-01 | United States | Global Automotive | USD 177 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of American Financial & Automotive Services for total consideration of $176.9M; headcount not disclosed | ||
| 2020-12-31 | acquisition_addition | completed | 2020-12-01 | 2020-12-01 | Global | Connected Living | USD 349 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of HYLA, Inc. for total consideration of $348.8M; headcount not disclosed | ||
| 2020-12-31 | divestiture_reduction | completed | 2020-05-01 | 2020-05-01 | Mexico | Corporate and Other | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 40% minority interests in Iké; headcount not disclosed | |||
| 2020-12-31 | divestiture_reduction | completed | 2020-07-01 | 2020-07-01 | United States | Corporate and Other | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of CLO asset management platform for $20.0M; headcount not disclosed | |||
| 2020-09-30 | other | completed | 2020-07-16 | 2020-12-31 | Executive Management | other f5-10q / Qwen3.6-27B-Q8_0 | Separation of Robyn Price Stonehill, Chief Human Resources Officer. Employment terminated Dec 31, 2020. Agreement provides for 12 months severance pay and COBRA contributions. | ||||
| 2020-03-31 | acquisition_addition | completed | 2020-05-01 | United States | Global Lifestyle — Global Automotive | USD 158 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of American Financial & Automotive Services completed 2020-05-01 for $157.5 million; purchase price disclosed but no headcount added was disclosed. Charge value shown is the acquisition purchase price, not a workforce charge. | |||
| 2019-12-31 | restructuring | in_progress | 2018-05-31 | Global Lifestyle (TWG integration) | USD 28 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year TWG integration program covering restructuring of systems, processes and workforce; costs include severance, retention, facilities and consulting. Fiscal 2019 charge of $27.6 million; cumulative to date $58.2 million (including $29.8 million in 2018). No affected-headcount figure disclosed. | ||||
| 2019-12-31 | acquisition_addition | completed | 2019-10-01 | Global | Global Lifestyle — Connected Living | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | In October 2019 the company acquired the remaining 60% interest in MMI-CPR, LLC (dba Cell Phone Repair), a franchisor of electronic device repair stores; no headcount disclosed. Exact announcement date not stated. | ||||
| 2019-12-31 | divestiture_reduction | announced | 2020-01-29 | 2020-06-30 | Latin America | Global Lifestyle — Connected Living | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event agreement to sell the company's ~40% interest in Iké to management shareholders, expected to close in Q2 2020; no headcount disclosed. Related 2019 pre-tax charges of $163.0 million relate to investment impairment and put/call remeasurement, not severance. | |||
| 2019-12-31 | restructuring | in_progress | Corporate and Other [Member] / Assurant Health1 [Member] | USD 100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Global Lifestyle (TWG Integration) | USD 5 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration costs for TWG acquisition including severance, retention, facilities and consulting for the three months ended Sept 30, 2019. | |||||
| 2019-09-30 | restructuring | in_progress | Global Lifestyle (TWG Integration) | USD 22 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration costs for TWG acquisition including severance, retention, facilities and consulting for the nine months ended Sept 30, 2019. | |||||
| 2019-06-30 | restructuring | in_progress | Global Housing | USD 15 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Impairment of certain intangible assets from the acquisition of Green Tree Insurance Agency due to financial status of a business partner. No employee count disclosed. | |||||
| 2019-03-31 | restructuring | in_progress | 2018-05-31 | Global | Global Lifestyle (TWG integration) | USD 41 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration costs to date include severance, retention, facilities and consulting; $10.4M incurred in Q1 2019. No employee count disclosed. | |||
| 2019-03-31 | restructuring | in_progress | 2018-05-31 | Global Lifestyle | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration costs incurred for TWG acquisition, including severance, retention, facilities and consulting. | ||||
| 2018-12-31 | acquisition_addition | completed | 2018-05-31 | 2018-05-31 | Global — footprint across 21 countries | Global Lifestyle (Global Automotive, Connected Living) plus Corporate and Other | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | TWG Holdings Limited acquired May 31, 2018 for total enterprise value of $2.47 billion (cash of $894.9 million, repayment of $595.9 million pre-existing TWG debt, and $975.5 million in stock); adds underwriting, administration and marketing of service contracts for automobiles, consumer electronics and appliances; headcount added via the acquisition is not disclosed. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-08-01 | 2018-08-01 | Global Housing — Mortgage Solutions | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold Mortgage Solutions business (title, valuations and field services) to Xome, a subsidiary of WMIH Corp., on August 1, 2018 for $36.7 million plus potential future performance-based payments; total pre-tax loss of $40.3 million recorded in 2018; headcount removed through the divestiture is not disclosed. | ||||
| 2018-12-31 | divestiture_reduction | completed | 2018-12-03 | 2018-12-03 | Assurant Health (runoff) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold Time Insurance Company, a subsidiary of the runoff Assurant Health business, to Haven Holdings, Inc. on December 3, 2018 for cash consideration of $30.9 million; total pre-tax gain of $18.4 million recorded in 2018; headcount removed through the divestiture is not disclosed. | ||||
| 2018-12-31 | acquisition_addition | completed | 2018-05-31 | 2018-05-31 | Global (21 countries) | Global Lifestyle (Global Automotive, Connected Living) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added not disclosed. TWG represented ~19% of consolidated revenues and ~28% of total assets at 12/31/2018 and was excluded from management's ICFR assessment. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-08-01 | 2018-08-01 | United States | Global Housing — Mortgage Solutions (valuation, title and field services) | USD 40 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax loss on sale of $40.3 million; associated headcount reduction not quantified. | ||
| 2018-12-31 | divestiture_reduction | completed | 2018-12-03 | 2018-12-03 | United States | Assurant Health runoff — Time Insurance Company | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash consideration $30.9 million with an $18.4 million pre-tax gain; headcount not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2018-05-31 | Global | Global Lifestyle | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of TWG Holdings Limited completed May 31, 2018. Specific headcount added not disclosed in filing. | ||||
| 2018-12-31 | divestiture_reduction | completed | 2018-08-01 | United States | Global Housing | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Mortgage Solutions business to Xome completed August 1, 2018. Specific headcount removed not disclosed in filing. | ||||
| 2018-12-31 | divestiture_reduction | completed | 2018-12-03 | United States | Total Corporate and Other | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Time Insurance Company to Haven Holdings, Inc. completed December 3, 2018. Specific headcount removed not disclosed in filing. | ||||
| 2018-12-31 | acquisition_addition | completed | 2018-05-31 | 2018-05-31 | Global | Global Lifestyle | Item 1. Business - 2018 Highlights f5-10k / Qwen3.6-27B-Q8_0 | Acquired TWG for $2.47 billion enterprise value. No specific headcount added was disclosed in the filing. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-08-01 | 2018-08-01 | United States | Global Housing | Item 1. Business - 2018 Highlights f5-10k / Qwen3.6-27B-Q8_0 | Sold Mortgage Solutions business to Xome for $36.7 million. No specific headcount removed was disclosed in the filing. | |||
| 2018-12-31 | divestiture_reduction | completed | 2018-12-03 | 2018-12-03 | United States | Global Housing | Item 1. Business - 2018 Highlights f5-10k / Qwen3.6-27B-Q8_0 | Sold Time Insurance Company to Haven Holdings for $30.9 million. No specific headcount removed was disclosed in the filing. | |||
| 2018-12-31 | restructuring | in_progress | USD 2,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-12-31 | restructuring | in_progress | Total Corporate And Other [Member] / Assurant Health1 [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | acquisition_addition | completed | 2018-05-31 | Global | Global Lifestyle | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of TWG Holdings Limited completed May 31, 2018. No specific headcount disclosed in this filing. | ||||
| 2018-09-30 | divestiture_reduction | completed | 2018-08-01 | United States | Global Housing | USD 41 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of mortgage solutions business to Xome. Pre-tax loss of $41.0 million recorded. No specific headcount disclosed. | |||
| 2018-09-30 | restructuring | in_progress | 2018-05-31 | Global Lifestyle | USD 10 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration costs incurred for TWG acquisition including severance, retention, facilities and consulting. Employee count not disclosed. | ||||
| 2018-09-30 | divestiture_reduction | completed | 2018-08-01 | 2018-08-01 | Global Housing | USD 41 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of mortgage solutions business to Xome. Pre-tax loss of $41.0 million recorded. Employee count not disclosed. | |||
| 2018-06-30 | acquisition_addition | completed | 2018-05-31 | 2018-05-31 | Global | Global Lifestyle | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of TWG Holdings Limited completed May 31, 2018 for total enterprise value of $2.47 billion. No employee headcount added disclosed. TWG contributed $210.3 million in revenues for June 1–30, 2018. | |||
| 2018-06-30 | restructuring | in_progress | 2018-05-31 | Global | Corporate and Other / Global Lifestyle | USD 14 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Integration costs incurred to date related to TWG acquisition, including severance, retention, facilities, and consulting. $12.8 million incurred in six months ended June 30, 2018. No employee count disclosed. | |||
| 2018-06-30 | divestiture_reduction | announced | 2018-08-01 | 2018-08-01 | United States | Global Housing (mortgage solutions) | USD 44 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of mortgage solutions business to Xome (WMIH Corp.) for $35.0 million cash plus contingent payments. Pre-tax impairment loss of $43.5 million recorded at June 30, 2018. No employee headcount disclosed. | ||
| 2018-06-30 | acquisition_addition | completed | 2018-05-31 | Global | Global Lifestyle | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of TWG Holdings completed May 31, 2018. No specific headcount disclosed. | ||||
| 2018-06-30 | restructuring | completed | 2018-06-30 | United States | Global Housing | USD 44 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Pre-tax impairment loss of $43.5 million recorded on mortgage solutions business held for sale. No specific employee count disclosed. | |||
| 2018-06-30 | restructuring | in_progress | Global Lifestyle | USD 14 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Integration costs incurred to date in connection with the acquisition of TWG, including severance, retention, facilities and consulting. | |||||
| 2017-12-31 | acquisition_addition | announced | 2017-10-17 | Global | Global Lifestyle (vehicle protection and extended service contracts) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Pending acquisition of The Warranty Group from TPG Capital; original merger agreement October 17, 2017, amended and restated January 8, 2018 following TCJA enactment. Expected to close in the second quarter of 2018 subject to regulatory approvals; no headcount figures disclosed. Enterprise value of $2.50 billion; equityholders to receive 10.4 million Assurant shares plus cash consideration of roughly $800.0 million to $1.00 billion; $591.3 million of TWG existing debt to be repaid. | ||||
| 2017-12-31 | acquisition_addition | completed | 2017-02-01 | 2017-02-01 | United States | Global Housing | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Green Tree Insurance Holdings and subsidiaries for $125.0 million cash plus up to $25.0 million earn-out; acquired headcount not disclosed | |||
| 2017-12-31 | restructuring | completed | 2015-01-01 | 2017-12-31 | United States | Assurant Health (runoff) | USD 3 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Health market exit substantially completed by end of 2016; 2017 shows residual exit-related charges of $3.3 million excluding premium deficiency charges; employees affected not disclosed | ||
| 2017-12-31 | acquisition_addition | announced | 2017-10-17 | 2018-06-30 | Global | Global Lifestyle (vehicle protection) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pending acquisition of The Warranty Group ($2.50 billion enterprise value); original merger agreement dated 2017-10-17, amended and restated 2018-01-08; expected close Q2 2018; headcount to be added not disclosed | |||
| 2017-12-31 | restructuring | in_progress | Assurant Health1 [Member] | USD 35,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | USD 3,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-06-30 | acquisition_addition | completed | 2017-02-01 | Global Housing | USD 125 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Green Tree Insurance Holdings, Corp. and subsidiaries for $125.0 million cash. Employee count not disclosed. | ||||
| 2017-03-31 | acquisition_addition | completed | 2017-02-01 | United States | Global Housing | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Green Tree Insurance Agency, Inc. for $125.0 cash plus potential $25.0 earn-out; no employee headcount disclosed in the filing. | ||||
| 2016-12-31 | restructuring | completed | 2015-06 | 2016-12-31 | United States | Assurant Health (health insurance runoff) | USD 26,359 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year exit from the health insurance market begun in June 2015; exit substantially completed at December 31, 2016. 2016 severance and retention charges were $26,359 thousand per the roll-forward table; cumulative expected severance and retention charges $81,420 thousand and total expected exit-related charges $303,014 thousand including premium deficiency reserve. Remaining cash payments expected substantially complete in 2017. Number of employees affected not disclosed. | ||
| 2016-12-31 | divestiture_reduction | completed | 2015-09-09 | 2016-03-01 | United States | Assurant Employee Benefits (group life, disability, dental, vision and supplemental products) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of the Assurant Employee Benefits segment to Sun Life closed March 1, 2016, structured mainly through reinsurance transactions, for net cash consideration of $926,174 thousand plus $16,000 thousand of contingent consideration received in Q3 2016. Headcount transferring with the divested segment was not quantified. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-07-01 | United States | Global Housing — mortgage solutions (title and valuation services) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 100% of American Title, Inc. on July 1, 2016 for initial cash consideration of $44,961 thousand plus a possible earn-out assigned no initial value. Recorded $32,356 thousand of intangible assets and $8,534 thousand of goodwill. Headcount added through the acquisition was not disclosed. | ||||
| 2016-12-31 | acquisition_addition | completed | 2016-12 | 2017-02-01 | United States | Global Housing — housing protection products (voluntary homeowners and manufactured housing) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Definitive agreement entered into in December 2016; acquisition of 100% of Green Tree Insurance Agency, Inc. closed February 1, 2017 for $125,000 thousand cash plus a potential earn-out of up to $25,000 thousand. Disclosed as a subsequent event to fiscal 2016; purchase accounting incomplete at filing. Headcount not disclosed. | |||
| 2016-12-31 | divestiture_reduction | completed | 2015-09-10 | 2016-03-01 | United States | Assurant Employee Benefits | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Assurant Employee Benefits segment to Sun Life completed March 1, 2016, primarily via reinsurance transactions; headcount transferred is not disclosed. Net cash consideration of $926,174 thousand plus contingent consideration. | |||
| 2016-12-31 | restructuring | in_progress | 2015-06-01 | 2017-12-31 | United States | Assurant Health (runoff) / enterprise reorganization | USD 26,359 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2016 severance and retention charges of $26,359 thousand within total FY2016 exit-related charges of $31,403 thousand; cumulative severance and retention expected to date is $81,420 thousand (total expected including premium deficiency charges $303,014 thousand). Employees affected not disclosed; cash payments for exit charges expected substantially complete in 2017. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-07-01 | 2016-07-01 | United States | Global Housing — mortgage solutions / title and valuation services | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of American Title, Inc. for $44,961 thousand cash; acquired headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-03-14 | 2016-03-14 | United States | Global Housing — flood insurance | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of renewal rights to a National Flood Insurance Program block of business (asset acquisition, $20,329 thousand); no employee headcount transfer disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-12-01 | 2017-02-01 | United States | Global Housing — housing protection products | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement entered December 2016 to purchase Green Tree Insurance Agency, Inc.; closed February 1, 2017 for $125,000 thousand cash plus up to $25,000 thousand earn-out. Subsequent to fiscal year-end; acquired headcount not disclosed. | |||
| 2016-12-31 | restructuring | completed | 2015-06-01 | 2017-12-31 | Global | Assurant Health | USD 303,014 (thousands) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit from health insurance market. Total amount expected to be incurred including charges to date is $303,014 thousand. Future cash payments expected to be substantially complete in 2017. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | Global | Assurant Employee Benefits | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sold Assurant Employee Benefits business to Sun Life Assurance Company of Canada on March 1, 2016. | |||
| 2016-12-31 | restructuring | in_progress | 2015-06-01 | 2017-12-31 | Global | Assurant Health | USD 303,014 (thousands) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit from health insurance market. Total expected charges include premium deficiency reserves, severance, retention, and asset impairments. Future cash payments expected substantially complete in 2017. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | Global | Assurant Employee Benefits | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Assurant Employee Benefits segment to Sun Life. Headcount removed not explicitly quantified. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-07-01 | 2016-07-01 | United States | Global Housing | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of American Title, Inc. Headcount added not explicitly quantified. | |||
| 2016-12-31 | restructuring | in_progress | USD 31,403,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 5,077,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 26,359,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD -33,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 2015-10-01 | 2016-12-31 | United States | Assurant Health | USD 82,145 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit from health insurance market by end of 2016; severance and retention charges of $82,145K total expected including charges to date; balance of $20,564K at 2016-09-30; employee count not disclosed | ||
| 2016-09-30 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | United States | Assurant Employee Benefits | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Assurant Employee Benefits segment to Sun Life completed 2016-03-01 for net cash consideration of $926,174K; headcount transferred not disclosed | |||
| 2016-09-30 | restructuring | in_progress | 2015-04-01 | 2018-12-31 | Global | Assurant Health / Employee Benefits | USD 25,409 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Exit-related charges for health insurance market exit. Balance at Sept 30, 2016 includes $20,564k severance and $4,845k other costs. Total expected charges $303.2M. Employee counts not disclosed. | ||
| 2016-09-30 | acquisition_addition | completed | 2016-07-01 | 2016-07-01 | United States | Assurant Specialty Property | USD 44,961 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of American Title, Inc. on July 1, 2016. Headcount not disclosed. | ||
| 2016-09-30 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | Global | Assurant Employee Benefits | USD 926,174 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Assurant Employee Benefits segment to Sun Life on March 1, 2016. Headcount not disclosed. | ||
| 2016-09-30 | restructuring | in_progress | 2015-04-01 | 2018-12-31 | Global | Assurant Health | USD 303,201 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Total amount expected to be incurred including charges to date is $303.2 million. Q3 2016 charges were $3.0 million. Future payments expected substantially complete by Dec 31, 2016, with remaining into 2018. | ||
| 2016-09-30 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | Global | Assurant Employee Benefits | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Assurant Employee Benefits segment to Sun Life completed March 1, 2016. Headcount removed not explicitly quantified. | |||
| 2016-09-30 | acquisition_addition | completed | 2016-07-01 | 2016-07-01 | United States | Assurant Specialty Property | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of American Title, Inc. completed July 1, 2016. Headcount added not explicitly quantified. | |||
| 2016-09-30 | restructuring | in_progress | 2016-01-01 | 2016-12-31 | Global | Corporate | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Pension plan freeze effective March 1, 2016. No additional benefits earned after Feb 29, 2016. Curtailment gain of $29.6 million recorded. Special one-time contribution of 3% of eligible pay accrued for active employees. | |||
| 2016-09-30 | restructuring | in_progress | USD 3,014,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-09-30 | restructuring | in_progress | Contract Termination [Member] | USD -333,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 3,340,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 7,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 6,358 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing exit from health insurance market; Q2 2016 severance and retention charges of $6,383K with $15,489K cash payments. Total expected exit charges $304,133K including $182,627K premium deficiency. No employee count disclosed. | ||
| 2016-06-30 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | United States | Assurant Employee Benefits | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Assurant Employee Benefits segment to Sun Life completed March 1, 2016 via reinsurance transactions; net cash consideration $926,174K. No headcount associated with the divestiture is disclosed. | |||
| 2016-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health / Employee Benefits | USD 19,417 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Exit from health insurance market and sale of Employee Benefits segment. Q2 2016 charges of $19.4M include severance and retention. Total expected exit charges $304.1M. No employee count disclosed. | ||
| 2016-06-30 | acquisition_addition | completed | 2016-07-01 | 2016-07-01 | United States | Assurant Specialty Property | USD 45,000 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired 100% of American Title, Inc. for approx $45M. Headcount not disclosed. | ||
| 2016-06-30 | acquisition_addition | completed | 2016-03-14 | 2016-03-14 | United States | Assurant Specialty Property | USD 20,329 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired renewal rights to National Flood Insurance Program block from Nationwide Mutual. Headcount not disclosed. | ||
| 2016-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health | USD 19,417 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit from health insurance market. Q2 2016 charges included $6,383k severance and $4,903k long-lived asset impairments. Total expected charges $121.5M. Future cash payments expected substantially complete by Dec 31, 2016. | ||
| 2016-06-30 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | Global | Assurant Employee Benefits | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Assurant Employee Benefits segment to Sun Life completed March 1, 2016. Headcount removed not explicitly quantified. | |||
| 2016-06-30 | restructuring | in_progress | USD 6,358,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-06-30 | restructuring | in_progress | Contract Termination [Member] | USD -32,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 6,383,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 7,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | United States | Assurant Employee Benefits | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Assurant Employee Benefits segment to Sun Life completed March 1, 2016; no employee count disclosed. | |||
| 2016-03-31 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 19 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit-related charges of $19.4M recorded in Q1 2016 (severance/retention, asset impairments, transaction costs); no employee headcount disclosed. Total expected exit charges $304.1M including premium deficiency. | ||
| 2016-03-31 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health | USD 19 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Exit from health insurance market. Q1 2016 charges of $19.4M include severance, asset impairments, and transaction costs. Total expected charges $304.1M. | ||
| 2016-03-31 | divestiture_reduction | completed | 2016-03-01 | 2016-03-01 | Global | Assurant Employee Benefits | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Assurant Employee Benefits segment to Sun Life completed March 1, 2016. Headcount removed not explicitly quantified. | |||
| 2016-03-31 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health | USD 19,417 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit from health insurance market. Q1 2016 charges included $14,561k severance, $4,903k asset impairments/lease terminations, and $(47)k other transaction costs. Total expected charges $304,074k including $182,627k premium deficiency. | ||
| 2016-03-31 | restructuring | in_progress | Premium Deficiency Reserves [Member] | USD 13,527,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 4,903,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 14,561,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD -47,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | USD 19,417,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-12-31 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 121,275 (thousands) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Decision to exit the health insurance market and wind down major medical operations. Total expected exit-related charges of $121,275 thousand comprise severance and retention of $82,038 thousand, long-lived asset impairments and contract/lease terminations of $27,651 thousand, and other transaction costs of $11,586 thousand; excludes $169,101 thousand premium deficiency reserve. Severance and retention liability of $36,565 thousand remained at December 31, 2015; no affected-employee headcount disclosed. | ||
| 2015-12-31 | divestiture_reduction | announced | 2015-09-09 | 2016-03-31 | United States | Assurant Employee Benefits | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Master Transaction Agreement to sell the entire Assurant Employee Benefits segment to Sun Life Assurance Company of Canada for cash consideration of approximately $940,000 thousand (primarily a ceding commission); expected to close by end of Q1 2016. No affected-employee count and no associated charge accrued as of December 31, 2015. | |||
| 2015-12-31 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 121,275 (thousands) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Health insurance market exit; charge is total severance and retention expected to be incurred for the program. Company expects to substantially complete the exit by end of 2016; up to $50,000 thousand of additional exit-related charges expected beyond the premium deficiency reserve. | ||
| 2015-12-31 | divestiture_reduction | announced | 2015-09-09 | 2016-03-31 | United States | Assurant Employee Benefits | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Master Transaction Agreement to sell the segment to Sun Life for approximately $940,000 thousand cash consideration; expected to close by end of Q1 2016, still pending at filing date. | |||
| 2015-12-31 | divestiture_reduction | completed | United States | Assurant Specialty Property — general agency business / American Reliable Insurance Company | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Global Indemnity Group completed January 2015 for $117,860 thousand net cash consideration; no employee count disclosed. | |||||
| 2015-12-31 | divestiture_reduction | completed | 2015-10-01 | United States | Assurant Health — supplemental and small-group self-funded lines | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of business lines and certain legal entities to National General Holdings Corp. completed October 1, 2015 for $14,000 thousand; no employee count disclosed. | ||||
| 2015-12-31 | divestiture_reduction | completed | 2015-10-07 | United States | Assurant Specialty Property — automobile title administration services | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of certain assets for $19,600 thousand cash, completed October 7, 2015; no employee count disclosed. | ||||
| 2015-12-31 | acquisition_addition | completed | United States | Assurant Specialty Property | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2015 acquisitions of Coast to Coast Services, Inc. and Rent Collect Global; Note 26 states there were no material acquisitions in 2015 and no headcount added is disclosed. | |||||
| 2015-12-31 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health | USD 290,376 (thousands) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced exit from health insurance market. Total expected exit-related charges of $290.4 million include severance, retention costs, long-lived asset impairments, and premium deficiency reserves. Employee count not explicitly disclosed. | ||
| 2015-12-31 | divestiture_reduction | completed | 2015-01-01 | 2015-01-01 | United States | Assurant Specialty Property | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of American Reliable Insurance Company (ARIC) and general agency business to Global Indemnity Group. Employee count not explicitly disclosed. | |||
| 2015-12-31 | divestiture_reduction | completed | 2015-10-01 | 2015-10-01 | United States | Assurant Health | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of supplemental and small-group self-funded lines of business and certain assets to National General Holdings Corp. Employee count not explicitly disclosed. | |||
| 2015-12-31 | divestiture_reduction | completed | 2015-10-07 | 2015-10-07 | United States | Assurant Specialty Property | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of automobile title administration services business assets. Employee count not explicitly disclosed. | |||
| 2015-12-31 | acquisition_addition | completed | 2015-01-01 | 2015-12-31 | Global | Assurant Specialty Property | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Coast to Coast Services, Inc. and Rent Collect Global. Employee count not explicitly disclosed. | |||
| 2015-12-31 | restructuring | in_progress | 2015-06-01 | 2016-12-31 | United States | Assurant Health | USD 290,376 (thousands) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Company began winding down major medical operations in June 2015. Total amount expected to be incurred is $290,376 thousand, including premium deficiency reserves, severance, retention costs, and long-lived asset impairments. Employee count not explicitly disclosed. | ||
| 2015-12-31 | divestiture_reduction | announced | 2015-09-09 | 2016-03-31 | Global | Assurant Employee Benefits | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Agreement signed to sell Assurant Employee Benefits segment to Sun Life. Transaction expected to close by end of Q1 2016. Employee count not explicitly disclosed. | |||
| 2015-12-31 | restructuring | in_progress | USD 17,156,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-12-31 | restructuring | in_progress | Premium Deficiency Reserves [Member] | USD 91,054,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 17,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 16,344,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 795,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 84,755 (thousands) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit from health insurance market; total expected exit-related charges of $292,422 thousand including $169,101 thousand premium deficiency reserves. Severance and retention charges of $35,362 thousand recognized through September 30, 2015. No employee headcount disclosed. | ||
| 2015-09-30 | divestiture_reduction | announced | 2015-09-09 | 2016-03-31 | United States | Assurant Employee Benefits | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Master Transaction Agreement to sell Assurant Employee Benefits segment to Sun Life for approximately $940,000 thousand cash consideration; expected to close Q1 2016. No employee headcount disclosed. | |||
| 2015-09-30 | divestiture_reduction | completed | 2015-10-01 | 2015-10-01 | United States | Assurant Health | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Assurant Health supplemental and small-group self-funded lines and certain legal entities to National General Holdings Corp. effective October 1, 2015 for $14,000 thousand cash consideration. Subsequent event after quarter end. No employee headcount disclosed. | |||
| 2015-09-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health | USD 292,422 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company concluded review of strategic alternatives for Assurant Health and decided to exit health insurance market. Total amount expected to be incurred is $292,422 thousand, including $123,321 thousand in exit-related charges and $169,101 thousand in premium deficiency reserves. Substantially complete exit expected by end of 2016. | ||
| 2015-09-30 | divestiture_reduction | completed | 2015-01-01 | 2015-01-01 | United States | Assurant Specialty Property | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of American Reliable Insurance Company (ARIC) to Global Indemnity Group, Inc. completed in January 2015 for $117,860 thousand. Employee count not disclosed. | |||
| 2015-09-30 | divestiture_reduction | completed | 2015-10-01 | 2015-10-01 | United States | Assurant Health | USD 14,000 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Assurant Health's supplemental and small-group self-funded lines of business and certain assets to National General Holdings Corp. completed October 1, 2015 for $14,000 thousand. Employee count not disclosed. | ||
| 2015-09-30 | divestiture_reduction | announced | 2015-09-09 | 2016-03-31 | Global | Assurant Employee Benefits | USD 940,000 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Master Transaction Agreement signed September 9, 2015 to sell Assurant Employee Benefits segment to Sun Life Assurance Company of Canada for approximately $940,000 thousand. Expected to close in first quarter of 2016. Employee count not disclosed. | ||
| 2015-09-30 | restructuring | in_progress | 2015-06-30 | 2016-12-31 | Global | Assurant Health | USD 292,422 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced exit from health insurance market. Total expected charges include $123.3M exit-related charges and $169.1M premium deficiency reserves. Employee count not disclosed. | ||
| 2015-09-30 | restructuring | in_progress | USD 26,735,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-09-30 | restructuring | in_progress | Premium Deficiency Reserves [Member] | USD 46,613,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 13,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 20,927,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 5,795,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 94 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and retention expected total $93.5M; $14.4M incurred in period. No employee count disclosed. Company winding down major medical operations and exiting health insurance market by end of 2016. | ||
| 2015-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 122 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Premium deficiency reserve of $122.5M fully incurred in period; recorded in policyholder benefits. No employee count disclosed. | ||
| 2015-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | United States | Assurant Health | USD 31 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Long-lived asset impairments and contract/lease terminations expected total $31.0M; $22.3M incurred in period. No employee count disclosed. | ||
| 2015-06-30 | divestiture_reduction | completed | 2015-01-01 | 2015-01-01 | United States | Assurant Specialty Property — American Reliable Insurance Company | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of ARIC to Global Indemnity Group completed January 2015 for $117.9M net cash. No headcount associated with the divestiture disclosed. | |||
| 2015-06-30 | other | announced | 2015-04-28 | United States | Assurant Employee Benefits | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced it is pursuing a sale of the Assurant Employee Benefits segment. No headcount or charge disclosed. | ||||
| 2015-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health | USD 258 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced exit from health insurance market. Total expected exit-related charges of $257,989k include $122,488k premium deficiency reserves, $93,500k severance/retention, $31,000k asset impairments/lease terminations, and $6,000k other transaction costs. No specific employee count disclosed. | ||
| 2015-06-30 | restructuring | in_progress | 2015-06-07 | 2016-12-31 | Global | Assurant Health | USD 93,500 (thousands) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced exit from health insurance market. Total expected exit-related charges include $93.5M for severance and retention. Employee count affected not explicitly disclosed. | ||
| 2014-12-31 | acquisition_addition | completed | 2014-04-16 | United States | Assurant Specialty Property | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired independent appraisal management company from Novation Companies; total consideration of approximately $65,905 (thousands) including a $5,000 (thousands) contingent payment. Employee headcount acquired was not disclosed. | ||||
| 2014-12-31 | acquisition_addition | completed | 2014-09-03 | United States | Assurant Specialty Property | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired national provider of residential valuation products and valuation technology services for consideration of approximately $28,263 (thousands). Employee headcount acquired was not disclosed. | ||||
| 2014-12-31 | acquisition_addition | completed | 2014-10-31 | France | Assurant Solutions | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired a mobile insurance administrator in France for €56,937 ($71,393, thousands) in cash, with a potential earnout. Employee headcount acquired was not disclosed. | ||||
| 2014-12-31 | divestiture_reduction | completed | 2015-01-01 | United States | Assurant Specialty Property | USD 21,526 (thousands) | other f5-10k / GLM-5.3-flash-HTML | General agency business and primary carrier American Reliable Insurance Company sold to Global Indemnity Group, Inc. for approximately $114,000 (thousands); classified as held for sale at fiscal year-end with a $21,526 loss (including $15,451 goodwill write-off). Employee headcount removed with the divested business was not disclosed. | |||
| 2014-12-31 | divestiture_reduction | completed | 2015-01-01 | 2015-01-01 | United States | Assurant Specialty Property | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of general agency business and American Reliable Insurance Company to Global Indemnity Group for approximately $114 million cash; no headcount disclosed. Loss on divested business of $21,526 thousand recorded in 2014. | |||
| 2014-12-31 | restructuring | in_progress | International (primarily Europe) | Assurant Solutions | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A cites operational efficiencies from restructuring efforts begun in 2013 as a driver of 2014 results; no 2014-specific employee count or charge is quantified in this filing. | |||||
| 2014-12-31 | restructuring | completed | Europe | Assurant Solutions | USD 15,554 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | After-tax workforce restructuring charges primarily in European operations related to LSG acquisition. | ||||
| 2014-12-31 | restructuring | completed | Domestic | Assurant Solutions | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce restructuring charges in domestic credit insurance and extended protection businesses. | |||||
| 2014-12-31 | restructuring | completed | United States | Assurant Health | USD 4,589 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance expense in fourth quarter 2013; restructuring costs for elimination of underwriting functions for major medical products effective January 2014. | ||||
| 2013-12-31 | restructuring | completed | Primarily European operations; also U.S. domestic businesses | Assurant Solutions — European operations (in connection with LSG acquisition); domestic credit insurance and extended protection businesses | USD 15,554 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | After-tax workforce restructuring charges recognized in Twelve Months 2013; no headcount or completion date disclosed. Status inferred from recognition of charges within FY2013 results. | ||||
| 2013-12-31 | restructuring | in_progress | 2014-01 | United States | Assurant Health — underwriting functions for major medical products | USD 4,589 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Restructuring costs recorded in FY2013 to eliminate underwriting functions for major medical products effective January 2014, required by the Affordable Care Act. Pre-tax vs. after-tax basis not specified; no headcount disclosed. | |||
| 2013-12-31 | acquisition_addition | completed | 2013-09-30 | Assurant Specialty Property — property preservation, restoration and inspection services (collateral protection offerings) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Field Asset Services from FirstService Corporation closed 2013-09-30 for $54,636 thousand in cash; headcount added not disclosed. Date shown reflects actual completion. | |||||
| 2013-12-31 | acquisition_addition | completed | 2013-10-25 | United Kingdom | Assurant Solutions — mobile phone insurance provider (LSG) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Lifestyle Services Group closed 2013-10-25; consideration £106,394 ($172,156 thousand) including initial cash, delayed payment and contingent consideration. Headcount added not disclosed. Date shown reflects actual completion. | ||||
| 2013-12-31 | restructuring | completed | Europe; United States | Assurant Solutions — European operations, domestic credit insurance and extended protection businesses | USD 15,554 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | After-tax workforce restructuring charges for full-year 2013, primarily tied to the October 2013 LSG acquisition in the U.K. and the domestic credit insurance and extended protection businesses; no employee count disclosed. Prior-year 2012 charges excluded. | ||||
| 2013-12-31 | restructuring | completed | 2014-01-01 | United States | Assurant Health — underwriting functions for major medical products | USD 4,589 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring costs incurred in 2013 primarily from eliminating the underwriting functions for major medical products effective January 2014 as required by the Affordable Care Act; no employee count disclosed. | |||
| 2013-12-31 | acquisition_addition | completed | 2013-09-30 | 2013-09-30 | United States | Assurant Specialty Property — Field Asset Services (property preservation, restoration and inspection services) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired from FirstService Corporation for $54,636 thousand cash; headcount added not disclosed. | |||
| 2013-12-31 | acquisition_addition | completed | 2013-10-25 | 2013-10-25 | United Kingdom | Assurant Solutions — Lifestyle Services Group (mobile phone insurance) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consideration of £106,394 ($172,156 thousand) including contingent consideration; headcount added not disclosed. | |||
| 2013-12-31 | acquisition_addition | completed | 2013-12-30 | 2013-12-30 | Mexico; Latin America | Assurant Solutions — 40% equity investment in Iké Asistencia (services assistance) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Equity-method investment of $91,420 thousand (plus $20,404 thousand paid February 10, 2014); not consolidated, so headcount not added to reported total; headcount not disclosed. | |||
| 2013-12-31 | restructuring | completed | 2013 | 2013-12-31 | Europe | Assurant Solutions | USD 15,554 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | After-tax workforce restructuring charges of $15,554 thousand, primarily in European operations connected to the acquisition of LSG, and in domestic credit insurance and extended protection businesses. | ||
| 2013-12-31 | restructuring | completed | 2013 | 2013-12-31 | United States | Assurant Solutions | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce restructuring charges included in the $15,554 thousand after-tax total, specifically in domestic credit insurance and extended protection businesses. | |||
| 2013-12-31 | restructuring | completed | 2013 | 2013-12-31 | United States | Assurant Health | USD 4,589 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring costs of $4,589 thousand primarily due to the elimination of underwriting functions for major medical products effective January 2014 as required by the Affordable Care Act. | ||
| 2013-12-31 | restructuring | completed | Europe | Assurant Solutions | USD 15,554 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce restructuring charges primarily in European operations in connection with acquisition of LSG. | ||||
| 2013-12-31 | restructuring | completed | Domestic | Assurant Solutions | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Workforce restructuring charges in domestic credit insurance and extended protection businesses. Charge amount included in consolidated $15,554k figure above. | |||||
| 2013-12-31 | restructuring | completed | Domestic | Assurant Health | USD 4,589 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring costs primarily due to elimination of underwriting functions for major medical products effective January 2014. | ||||
| 2013-09-30 | restructuring | announced | 2013-10-29 | United States | Assurant Health | USD 5,144 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reductions tied to eliminating underwriting for certain ACA products; pre-tax severance and outplacement charge expected in Q4 2013. Employee count not disclosed. | |||
| 2013-09-30 | restructuring | in_progress | Europe | Assurant Solutions | USD 2,741 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | After-tax restructuring charges recorded in Europe during nine months ended 2013-09-30; employee count and announcement date not disclosed. | ||||
| 2013-09-30 | restructuring | announced | 2013-10-29 | 2013-12-31 | United States | Assurant Health | USD 5,144 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce reductions announced Oct 29, 2013, primarily from elimination of underwriting for certain products under the Affordable Care Act. Pre-tax charge of $5,144 thousand estimated for Q4 2013. Employee count not disclosed. | ||
| 2013-09-30 | restructuring | in_progress | 2013-09-30 | Europe | Assurant Solutions | USD 2,741 (thousands) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring charges of $2,741 thousand (after-tax) incurred in Nine Months 2013 related to integration of Lifestyle Services Group acquisition and streamlining of European operations. Employee count not disclosed. | |||
| 2013-09-30 | restructuring | announced | 2013-10-29 | 2013-12-31 | United States | Assurant Health | USD 5,144 (thousands) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions resulting from elimination of underwriting for certain products under the Affordable Care Act. Pre-tax charge of $5,144 thousand estimated for Q4 2013. | ||
| 2013-09-30 | restructuring | completed | Europe | Assurant Solutions | USD 2,741 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $2,741 thousand (after-tax) incurred in Europe during the nine months ended September 30, 2013. | ||||
| 2013-06-30 | restructuring | completed | Europe | Assurant Solutions | USD 2,741 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | After-tax charge for a reduction in force in Europe; no employee count or announcement date disclosed. Related $3,560 pre-tax restructuring charge referenced in combined-ratio discussion. | ||||
| 2013-06-30 | restructuring | completed | Europe | Assurant Solutions | USD 2,741 (thousands) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | After-tax charge for reduction in force in Europe. | ||||
| 2013-06-30 | restructuring | completed | Europe | Assurant Solutions | USD 2,741 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | After-tax charge for a reduction in force in Europe. | ||||
| 2012-12-31 | restructuring | completed | 2012-12 | United States and Europe | Assurant Solutions — domestic credit and European operations | USD 11,731 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Workforce restructuring charge recorded in the fourth quarter of 2012; disclosed as $7,724 thousand after-tax. Pre-tax severance expense of $11,731 thousand cited as a driver of higher general expenses. No affected-employee count disclosed. | |||
| 2012-12-31 | restructuring | completed | United States; Europe | Assurant Solutions — domestic credit and European operations | USD 11,731 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth quarter 2012 workforce restructuring; severance expense of $11,731 thousand pre-tax ($7,724 thousand after-tax). Number of employees affected not disclosed. | ||||
| 2012-12-31 | restructuring | completed | 2012-12-31 | 2012-12-31 | Domestic and Europe | Assurant Solutions | USD 7,724 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fourth quarter workforce restructuring charge of $7,724 (after-tax) primarily relating to domestic credit and European operations. Employee count not disclosed. | ||
| 2012-12-31 | restructuring | completed | 2012-12-31 | 2012-12-31 | Domestic and Europe | Assurant Solutions | USD 7,724 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fourth quarter workforce restructuring charge of $7,724 (after-tax) primarily relating to domestic credit and European operations. Employee count not disclosed. | ||
| 2011-12-31 | acquisition_addition | completed | 2011-06-21 | 2011-06-21 | United States | Assurant Specialty Property | USD 45,080 (thousands) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | All-cash acquisition of SureDeposit on Jun 21, 2011; recorded $25,350 amortizable intangibles and $19,608 goodwill. The $45,080 (thousands) is the total purchase price, not a workforce charge. No employee headcount figure disclosed in connection with the acquisition. | ||
| 2011-12-31 | acquisition_addition | completed | 2011-06-21 | 2011-06-21 | United States | Assurant Specialty Property | USD 45,080 (thousands) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | All-cash acquisition of SureDeposit for $45,080 thousand; headcount added not disclosed. Purchase price, not a severance charge. | ||
| 2010-12-31 | restructuring | completed | Assurant Health | USD 13,417 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Pre-tax restructuring charges recognized in FY2010 from expense management initiatives intended to transition the health business for the post-health-care-reform environment; after-tax amount was $8,721 thousand. No affected-employee count or completion timeline disclosed. | |||||
| 2010-12-31 | restructuring | completed | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Pre-tax restructuring charges of $6,690 thousand recognized in FY2010, disclosed as $4,349 thousand after-tax; charges were partially offset by expense management initiatives. No affected-employee count or completion timeline disclosed. | |||||
| 2010-12-31 | restructuring | completed | United States | Assurant Health | USD 13,417 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring charges in FY2010 tied to expense management initiatives preparing the segment for post-health-care-reform operations; after-tax amount $8,721 thousand. No employee count disclosed. | ||||
| 2010-12-31 | restructuring | completed | United States | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring charges in FY2010 (after-tax $4,349 thousand), part of expense management initiatives. No employee count disclosed. | ||||
| 2010-12-31 | restructuring | completed | Global | Assurant Health | USD 13,417 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring charges of $13,417 (pre-tax) related to expense management initiatives to transition business for post-health care reform. | ||||
| 2010-12-31 | restructuring | completed | Global | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring charges of $6,690 (pre-tax) incurred during the year. | ||||
| 2010-12-31 | restructuring | completed | Global | Assurant Solutions | USD 16,500 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cost savings realized in 2010 as a result of a restructuring in 2009 which added $16,500 to expenses in 2009. No specific 2010 restructuring charge disclosed for this segment, but general restructuring activity noted in other segments. | ||||
| 2010-12-31 | restructuring | completed | Global | Assurant Solutions | USD 16,500 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges incurred in 2009 carried into 2010 expense savings; 2010 specific charges not quantified by headcount. | ||||
| 2010-12-31 | restructuring | completed | Global | Assurant Health | USD 13,417 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges of $13,417 (pre-tax) related to expense management initiatives to transition business for post-health care reform. | ||||
| 2010-12-31 | restructuring | completed | Global | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges of $6,690 (pre-tax) included in 2010 results. | ||||
| 2010-12-31 | restructuring | completed | California | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs related to reduction in force, including closure of California operations center. | ||||
| 2010-12-31 | restructuring | completed | United States | Assurant Health | USD 13,417 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring charges incurred in fiscal 2010 for expense management initiatives supporting transition to the post-health care reform environment; $8,721 after-tax. No employee count disclosed. | ||||
| 2010-12-31 | restructuring | completed | United States | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring charges incurred in fiscal 2010; $4,349 after-tax. No employee count disclosed. | ||||
| 2010-12-31 | restructuring | completed | 2010-12-31 | 2010-12-31 | Global | Assurant Solutions | USD 16,500 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charge of $16,500 (after-tax) recorded in 2010. | ||
| 2010-12-31 | restructuring | completed | 2010-12-31 | 2010-12-31 | Global | Assurant Health | USD 8,721 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges of $8,721 (after-tax) to help transition business for post-health care reform. | ||
| 2010-12-31 | restructuring | completed | 2010-12-31 | 2010-12-31 | Global | Assurant Employee Benefits | USD 4,349 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges of $4,349 (after-tax). | ||
| 2010-09-30 | restructuring | in_progress | 2010-09-30 | United States | Assurant Health | USD 7,644 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring charge in Q3 2010 for expense management initiatives to transition the business for the post-healthcare reform environment. No employee count disclosed. | |||
| 2010-09-30 | reduction_in_force | announced | 2010-09-30 | 2010-12-31 | United States | Assurant Health | USD 1,300 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | After-tax RIF charge expected in Q4 2010 as a further reduction in force; no employee count disclosed. | ||
| 2010-09-30 | restructuring | in_progress | 2010-09-30 | United States | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring costs for nine months ended September 30, 2010; no employee count or specific quarter breakdown disclosed. | |||
| 2010-09-30 | restructuring | in_progress | 2010-09-30 | United States | Corporate & Other | USD 4,537 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges for nine months ended September 30, 2010; no employee count disclosed. | |||
| 2010-09-30 | restructuring | in_progress | 2010-04-01 | 2012-01-01 | Global | Assurant Solutions | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Two-year project to streamline and restructure Assurant Solutions organization initiated in 2010. Expected to free up $75,000 to $150,000 of capital. Approximately $92,000 distributed to holding company in nine months ended Sept 30, 2010. | |||
| 2010-09-30 | restructuring | in_progress | 2010-07-01 | 2010-12-31 | United States | Assurant Health | USD 4,969 (thousands) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring charge of $4,969 (after-tax) recognized in Q3 2010 related to expense management initiatives to transition business for post-healthcare reform environment. Further reduction in force charge of $1,300 (after-tax) expected in Q4 2010. | ||
| 2010-09-30 | restructuring | completed | 2010-01-01 | 2010-09-30 | United States | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Nine months 2010 includes $6,690 in restructuring costs compared to $2,260 in Nine Months 2009. | ||
| 2010-09-30 | restructuring | in_progress | 2010-07-01 | United States | Assurant Health | USD 7,644 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charge of $7,644 (pre-tax) recognized in Q3 2010 related to expense management initiatives to transition the business for the post-healthcare reform environment. Employee count not disclosed. | |||
| 2010-09-30 | restructuring | in_progress | 2010-01-01 | United States | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs of $6,690 (pre-tax) incurred in the nine months ended Sept 30, 2010. Employee count not disclosed. | |||
| 2010-09-30 | restructuring | in_progress | 2010-01-01 | Global | Assurant Solutions | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Two-year project to streamline and restructure the Assurant Solutions organization initiated in 2010. Expected to free up $75,000-$150,000 capital. No specific employee count or charge disclosed for the current period. | ||||
| 2010-06-30 | restructuring | in_progress | 2010-06-29 | United States | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reduction announced via 8-K furnished June 29, 2010; after-tax charge of $4,349 thousand in Q2 2010. No employee count disclosed. | |||
| 2010-06-30 | restructuring | in_progress | United States | Corporate & Other | USD 4,537 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month 2010 restructuring charges of $4,537 thousand pre-tax ($2,949 thousand after-tax); no employee count or announcement date disclosed. | ||||
| 2010-06-30 | restructuring | in_progress | 2010-06-29 | Assurant Employee Benefits | USD 7 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Workforce reduction to achieve efficiencies and make products more competitive. Charge of $6.69M recorded in Q2 2010. | ||||
| 2010-06-30 | restructuring | in_progress | United Kingdom | Assurant Solutions | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | European business restructuring mentioned in context of tax valuation allowance increase. No specific headcount or charge disclosed for this action in this filing. | |||||
| 2010-06-30 | restructuring | in_progress | 2010-06-29 | Assurant Employee Benefits | USD 6,690 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce reduction to achieve efficiencies and position business for growth; charge of $6.69M recorded in Q2 2010. | ||||
| 2010-06-30 | restructuring | in_progress | Corporate & Other | USD 4,537 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges of $4.54M recorded in Q2 2010. | |||||
| 2010-06-30 | restructuring | in_progress | Assurant Solutions | USD 3,700 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Two-year project to streamline and restructure Assurant Solutions organization initiated in 2010; $3.7M charge noted in prior year comparison context, but Q2 2010 narrative focuses on expense management. Note: Q2 2009 had a $3.7M charge. Q2 2010 narrative mentions 'cost savings realized as a result of this restructuring'. No specific Q2 2010 charge amount is explicitly isolated for Solutions in the MD&A text provided, only the prior year charge is mentioned for comparison. However, the Corporate & Other and Employee Benefits charges are explicit. Re-evaluating Solutions: The text says 'Second Quarter 2009 general expenses included a restructuring charge of $3,700'. It does not explicitly state a Q2 2010 charge for Solutions, only that they are realizing savings. Therefore, I will remove the Solutions action as no Q2 2010 charge is explicitly quantified for that segment in the provided text, unlike the other two. | |||||
| 2009-12-31 | reduction_in_force | completed | United States (California operations center) | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Severance costs recorded in FY2009 general expenses for a reduction in force that included the closure of the California operations center. No employee count disclosed. | ||||
| 2009-12-31 | restructuring | completed | International | Assurant Solutions | USD 10,600 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Restructuring charges for the segment's international businesses recorded in FY2009 general expenses. Combined segment restructuring charges were $10,800 thousand after tax per the net income discussion. No employee count disclosed. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Solutions | USD 5,900 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Restructuring charges for the segment's domestic businesses recorded in FY2009 general expenses. No employee count disclosed. | ||||
| 2009-12-31 | restructuring | completed | Assurant Health | USD 4,500 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Restructuring costs recorded in FY2009 selling, underwriting and general expenses; the corresponding after-tax amount was $2,925 thousand. No employee count disclosed. | |||||
| 2009-12-31 | restructuring | completed | Assurant Employee Benefits | USD 2,445 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Restructuring costs recorded during FY2009, cited alongside costs of onboarding new clients as a driver of the higher expense ratio. No employee count disclosed. | |||||
| 2009-12-31 | plant_closure | announced | 2010 | Cirencestor, United Kingdom | Assurant Solutions — Adminicle Limited | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Decision disclosed in the FY2009 10-K to terminate the non-Assurant business performed by Adminicle and close its facility, with completion expected in 2010. Facility name spelled 'Cirencestor' in the filing. No employee count or charge disclosed. | ||||
| 2009-12-31 | restructuring | completed | International | Assurant Solutions | USD 10,600 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges in international businesses included in 2009 general expense increase; employee counts not disclosed. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Solutions | USD 5,900 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges in domestic businesses included in 2009 general expense increase; employee counts not disclosed. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Health | USD 4,500 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring costs included in selling, underwriting and general expenses; employee counts not disclosed. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Employee Benefits | USD 2,445 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring costs included in expense ratio discussion; employee counts not disclosed. | ||||
| 2009-12-31 | plant_closure | completed | California, United States | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs related to a reduction in force including closure of the California operations center; affected employee count not disclosed. | ||||
| 2009-12-31 | acquisition_addition | completed | 2009-10-01 | 2009-10-01 | United States | Assurant Employee Benefits | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired a block of group life, disability, dental and vision business from Shenandoah Life Insurance Company through a reinsurance agreement; no goodwill or intangibles and no headcount disclosed. | |||
| 2009-12-31 | restructuring | completed | United Kingdom | Assurant Solutions | USD 10,800 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | After-tax restructuring charges of $10,800,000 in international businesses. Adminicle facility in Cirencester to be closed in 2010. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Solutions | USD 5,900 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | After-tax restructuring charges of $5,900,000 for domestic businesses. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Severance costs related to reduction in force, including closure of California operations center. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Health | USD 2,925 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | After-tax restructuring costs of $2,925,000. | ||||
| 2009-12-31 | restructuring | completed | United States | Assurant Employee Benefits | USD 2,445 (thousands) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring costs of $2,445,000. | ||||
| 2009-12-31 | restructuring | completed | 2009-12-31 | 2009-12-31 | United States | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance costs related to a reduction in force, including the closure of the California operations center. | ||
| 2009-12-31 | restructuring | completed | 2009-12-31 | 2009-12-31 | International | Assurant Solutions | USD 10,600 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges relating to international businesses. | ||
| 2009-12-31 | restructuring | completed | 2009-12-31 | 2009-12-31 | United States | Assurant Solutions | USD 5,900 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring charges relating to domestic businesses. | ||
| 2009-12-31 | restructuring | completed | 2009-12-31 | 2009-12-31 | United States | Assurant Health | USD 4,500 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring costs. | ||
| 2009-12-31 | restructuring | completed | 2009-12-31 | 2009-12-31 | United States | Assurant Employee Benefits | USD 2,445 (thousands) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring costs. | ||
| 2009-09-30 | restructuring | completed | United States | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs for a reduction in force, including closure of the California operations center, incurred during the nine months ended September 30, 2009. Number of employees affected not disclosed. | ||||
| 2009-09-30 | restructuring | completed | California | Assurant Specialty Property | USD 4 (thousands) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Nine Months 2009 includes $3,800 in severance costs for a reduction in force, including the closure of our California operations center. | ||||
| 2009-09-30 | restructuring | completed | California | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs for a reduction in force, including the closure of the California operations center. | ||||
| 2009-06-30 | restructuring | in_progress | United States | Assurant Solutions | USD 3,700 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charge disclosed in segment expense discussion; no employee count or completion date provided. | ||||
| 2009-06-30 | restructuring | in_progress | United States | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charge related to consolidation of operations; no employee count or completion date provided. | ||||
| 2009-06-30 | restructuring | in_progress | United States | Assurant Employee Benefits | USD 2,260 (thousands) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charge disclosed in expense ratio discussion; no employee count or completion date provided. | ||||
| 2009-06-30 | restructuring | completed | 2009-06-30 | 2009-06-30 | United States | Assurant Specialty Property | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Consolidation of operations; headcount not disclosed. | ||
| 2009-06-30 | restructuring | completed | 2009-06-30 | 2009-06-30 | United States | Assurant Solutions | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | General expenses included restructuring charge; headcount not disclosed. | ||
| 2009-06-30 | restructuring | completed | United States | Assurant Specialty Property | USD 3,800 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Second Quarter 2009 includes $3,800 in restructuring charges related to the consolidation of some of our operations. | ||||
| 2009-06-30 | restructuring | completed | United States | Assurant Solutions | USD 3,700 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | General expenses increased primarily due to higher expenses associated with recent domestic service contract business acquisitions and a $3,700 restructuring charge. | ||||
| 2009-06-30 | restructuring | completed | Assurant Employee Benefits | USD 2,260 (thousands) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Expense ratio increased driven by lower net earned premium and $2,260 restructuring charge. | |||||
| 2008-12-31 | plant_closure | in_progress | 2009-12-31 | Denmark | Assurant Solutions | USD 9,651 (thousands) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Decision to exit the Denmark market and close its office, recorded in Q4 2008 with completion targeted by year-end 2009. After-tax charge comprises severance accruals, reserve increases and deferred asset write-offs; severance component not separately quantified and headcount affected not disclosed. | |||
| 2008-12-31 | plant_closure | in_progress | 2009-12-31 | Denmark | Assurant Solutions | USD 9,651 (thousands) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge is after-tax and recorded in Q4 2008; comprises severance accruals, reserve increases and deferred asset write-offs. No employee count disclosed. Announcement date not stated in filing. | |||
| 2008-12-31 | acquisition_addition | completed | 2008-10-01 | 2008-10-01 | United States | Assurant Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Signal Holdings LLC for $257,400 thousand cash; wireless handset protection and repair services provider. Headcount added not disclosed; Signal serviced 4.2 million wireless subscribers with annual revenues of approximately $330,000 thousand. | |||
| 2008-12-31 | acquisition_addition | completed | 2008-09-26 | 2008-09-26 | United States | Assurant Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired the Warranty Management Group business from GE Consumer & Industrial for $140,000 thousand cash, alongside a new 10-year GE-branded extended warranty agreement. Headcount added not disclosed. | |||
| 2008-12-31 | divestiture_reduction | completed | 2008-05-01 | 2008-05-01 | United States | Corporate & Other | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold subsidiary UFLIC for proceeds of $32,715 thousand, recognizing a pre-tax gain of $3,175 thousand and a related tax benefit of $84,864 thousand. Headcount removed not disclosed. | |||
| 2008-12-31 | restructuring | completed | 2008-10-01 | 2009-12-31 | Denmark | Assurant Solutions | USD 9,651 (thousands) | Item 1. Business - Assurant Solutions f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company incurred $9,651 (after-tax) in expenses in Q4 2008 in the form of severance accruals, reserve increases and deferred asset write-offs in connection with the closure. Process expected to be completed by end of 2009. Employee count not explicitly disclosed. | ||
| 2008-12-31 | restructuring | completed | 2008-10-01 | 2009-12-31 | Denmark | Assurant Solutions | USD 9,651 (thousands) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Exit of Denmark market; incurred $9,651 (after-tax) in expenses in Q4 2008 in form of severance accruals, reserve increases and deferred asset write-offs. Process expected to be completed by end of 2009. | ||
| 2008-09-30 | acquisition_addition | completed | 2008-09-26 | United States | Assurant Solutions | USD 140,000 (thousands) | business_combinations_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Warranty Management Group from GE Consumer & Industrial. Headcount not disclosed. | |||
| 2008-09-30 | divestiture_reduction | completed | 2008-05-01 | business_dispositions_footnote f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sold subsidiary United Family Life Insurance Company. Headcount not disclosed. | ||||||
| 2008-09-30 | acquisition_addition | completed | 2008-09-26 | United States | Assurant Solutions | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Warranty Management Group from GE; noted 'acquisition of key former GE employees' but no specific headcount disclosed. | ||||
| 2008-03-31 | other | in_progress | 2007-07-17 | Executive Management | Legal Proceedings f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Board placed five executives on administrative leave pending SEC investigation; two terminated in August 2007, CEO reinstated January 2008. Remaining executives remain on leave. | |||||
| 2008-03-31 | other | in_progress | 2007-07-17 | Executive Management | Legal Proceedings f5-10q / Qwen3.6-27B-Q8_0 | Five executives placed on administrative leave pending SEC investigation; two terminated in August 2007, CEO reinstated January 2008. | |||||
| 2007-12-31 | acquisition_addition | completed | 2007-07-01 | 2007-07-01 | United States | Assurant Solutions — Preneed | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Mayflower National Life Insurance Company from Service Corporation International; no goodwill or intangibles recorded. Headcount added not disclosed. | |||
| 2007-12-31 | acquisition_addition | completed | 2007-07-12 | 2007-07-12 | United Kingdom | Assurant Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Swansure Group (D&D Homecare Limited and Adminicle Limited); approximately $28 million of amortizable intangibles and $4 million of goodwill recorded. Headcount added not disclosed. | |||
| 2007-12-31 | acquisition_addition | completed | 2007-10-01 | 2007-10-01 | United Kingdom | Assurant Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Centrepoint Insurance Services Limited; approximately $36 million of amortizable intangibles and $37 million of goodwill recorded. Headcount added not disclosed. | |||
| 2007-09-30 | acquisition_addition | completed | 2007-07-01 | United States | Assurant Solutions (Preneed) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Mayflower National Life Insurance Company, a pre-funded funeral insurance provider. Headcount added not disclosed. | ||||
| 2007-09-30 | acquisition_addition | completed | 2007-07-12 | United Kingdom | Assurant Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Swansure Group, a UK insurance distribution and administration company. Headcount added not disclosed. | ||||
| 2007-09-30 | other | in_progress | 5 | 2007-07-17 | United States | Executive management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board placed five named executives on administrative leave pending review of SEC investigation; interim CEO and CFO appointed July 18, 2007. | |||
| 2007-09-30 | other | completed | 2 | 2007-08-09 | 2007-08-09 | United States | Assurant Solutions / Assurant Specialty Property | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Terminated employment of two executives (Senior VP/Chief Actuary and VP-Risk Management) in connection with SEC investigation; three others remained on administrative leave. | ||
| 2007-09-30 | other | completed | 2 | 2007-08-09 | Assurant Solutions/Assurant Specialty Property | Legal Proceedings f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Termination of Michael Steinman and Dan Folse following SEC Wells notices. | ||||
| 2007-09-30 | other | in_progress | 3 | 2007-07-17 | Executive Management | Legal Proceedings f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Robert Pollock, Philip Camacho, and Adam Lamnin placed on administrative leave pending SEC investigation review. | ||||
| 2007-06-30 | other | announced | 5 | 2007-07-17 | United States | Executive management and Assurant Solutions/Assurant Specialty Property leadership | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Five named executives placed on administrative leave following Wells notices from the SEC; includes CEO, CFO, and three Solutions/Specialty Property officers. | |||
| 2007-06-30 | other | completed | 2 | 2007-08-09 | 2007-08-09 | United States | Assurant Solutions/Assurant Specialty Property | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employment of the Senior VP/Chief Actuary and VP-Risk Management terminated; part of the same five-person group placed on leave on 2007-07-17. | ||
| 2007-06-30 | acquisition_addition | completed | 2007-07-01 | 2007-07-01 | United States | Assurant Solutions | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Mayflower National Life Insurance Company; headcount added not disclosed. | |||
| 2007-06-30 | acquisition_addition | completed | 2007-07-12 | 2007-07-12 | United Kingdom | Assurant Solutions | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Swansure Group (D&D Homecare Limited and Adminicle Limited); headcount added not disclosed. | |||
| 2007-06-30 | other | completed | 2 | 2007-08-09 | 2007-08-09 | United States | Assurant Solutions/Assurant Specialty Property | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Termination of Michael Steinman and Dan Folse. Disclosed in subsequent events section of Q2 10-Q. | ||
| 2007-06-30 | other | in_progress | 3 | 2007-07-17 | United States | Corporate / Assurant Solutions / Assurant Specialty Property | subsequent_events f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Robert B. Pollock, Philip Bruce Camacho, and Adam Lamnin placed on administrative leave pending SEC investigation review. | |||
| 2006-12-31 | acquisition_addition | completed | 2006-05-01 | 2006-05-01 | United States | Assurant Specialty Property | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Safeco Financial Institution Solutions, Inc. (SFIS), fourth largest provider of creditor-placed homeowners insurance; headcount added not disclosed. Purchase did not meet significant-acquisition criteria, so no pro-forma information was required. | |||
| 2006-12-31 | divestiture_reduction | completed | 2006-04-01 | 2006-04-30 | Canada | Union Security Insurance Company (USIC) Canadian insurance operations | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | April 2006 sale of USIC's Canadian insurance operations to an affiliated entity not subject to statutory accounting; headcount removed not disclosed. Transaction was an intra-group reorganization. | |||
| 2006-12-31 | acquisition_addition | announced | 2006-12-31 | 2007-12-31 | United States | Assurant Solutions — Preneed | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Late 2006 agreement to acquire 100% of Mayflower National Life Insurance Company from Service Corporation International and extend the exclusive SCI marketing agreement to September 30, 2013; expected to close in 2007. Headcount added not disclosed; Mayflower expected to add approximately $50,000 (thousands) in annual net earned premiums. | |||
| 2006-06-30 | acquisition_addition | completed | United States | Assurant Specialty Property | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Safeco Financial Institution Solutions, Inc. closed 2006-05-01; no headcount added disclosed. MD&A notes it contributed about $30,100 thousand of net earned premiums in the quarter. | |||||
| 2006-06-30 | divestiture_reduction | completed | United States | Assurant Solutions — Preneed | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Independent-U.S. preneed distribution channel referenced as a driver of lower premiums and face sales; no headcount reduction disclosed. | |||||
| 2006-03-31 | acquisition_addition | announced | 2006-05-01 | 2006-05-01 | United States | Assurant Solutions / Specialty Property | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Safeco Financial Institution Solutions, Inc. on May 1, 2006; adds about $140,000 annual premium. No employee count disclosed. | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-11-09 | United States | Assurant PreNeed — Independent–United States distribution channel | USD 5,800 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Company signed agreement with Forethought on November 9, 2005 and sold the US Independent distribution in November 2005, discontinuing new US independent-funeral-home preneed sales for 10 years; severance and related sale costs of approximately $5,800 (thousands) recorded in selling, underwriting and general expenses. Number of employees affected not quantified. Transaction also described in Item 1 Business and Note 3 (Dispositions). | |||
| 2005-12-31 | divestiture_reduction | completed | 2005-11-09 | 2005-11-30 | United States | Assurant PreNeed — Independent-United States distribution channel | USD 5,800 (thousands) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement with Forethought Life Insurance Company to exit new US independent and non-SCI corporate funeral home preneed business for 10 years; MD&A cites roughly $5,800 (in thousands) of severance and sale-related costs. Headcount transferred or eliminated not disclosed. | ||
| 2005-12-31 | other | completed | 2005-06-21 | 2006-12-31 | United States | Assurant Solutions (realignment into Assurant Solutions and Assurant Specialty Property segments) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced separation of Assurant Solutions into two reportable segments, with separate segment reporting to begin sometime in 2006; no headcount impact quantified in the filing. | |||
| 2004-12-31 | divestiture_reduction | completed | 2004-05-03 | 2004-05-03 | WorkAbility division of CORE, Inc. | USD 9 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Company sold the assets of its WorkAbility division on May 3, 2004 and recorded a pre-tax loss on sale of $9,232 thousand (rounded to $9 million in MD&A), included in the Corporate and Other segment. The filing discloses no headcount affected or transferred with the divested business, though related fee income previously ran through Assurant Employee Benefits. | |||
| 2004-12-31 | divestiture_reduction | completed | 2004-05-03 | 2004-05-03 | United States | Assurant Employee Benefits (CORE, Inc. — WorkAbility division) | USD 9 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of WorkAbility division assets; pre-tax loss of $9 million recorded in Corporate and Other. No employee count disclosed. | ||
| 2004-09-30 | divestiture_reduction | completed | 2004-05-03 | United States | Assurant Employee Benefits (WorkAbility division) | USD 9,232 (thousands) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of WorkAbility division assets for $3,536 thousand cash; pre-tax loss of $9,232 thousand recorded in Corporate and Other. No employee count disclosed. | |||
| 2004-06-30 | divestiture_reduction | completed | 2004-05-03 | Assurant Employee Benefits (WorkAbility division) | USD 9,232 (thousands) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of WorkAbility division assets for $3,536 thousand cash; pre-tax loss of $9,232 thousand recorded in Corporate and Other. No employee count disclosed; related fee-income loss noted in Employee Benefits segment. | ||||
| 2004-06-30 | divestiture_reduction | completed | 2004-05-03 | 2004-05-03 | Corporate and Other | USD -9,232 (thousands) | MD&A f5-10q / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of WorkAbility division assets. Pre-tax loss of $9,232 thousand recorded. Employee count not disclosed. | |||
| 2003-12-31 | restructuring | completed | Assurant PreNeed — Independent Division sales force | USD 1 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Fiscal 2003 charge tied to restructuring of the independent-division sales force, cited within a broader general-expense decline; no affected headcount or completion timeline disclosed. |