NEW YORK (AP) _ Assurant Inc. (AIZ) on Tuesday reported first-quarter profit of $154.7 million.
On a per-share basis, the New York-based company said it had profit of $2.43. Earnings, adjusted for non-recurring costs, were $2.64 per share.
The insurer posted revenue of $2.57 billion in the period. Its adjusted revenue was $2.66 billion.
Assurant shares have decreased 22% since the beginning of the year, while the Standard & Poor's 500 index has declined 11%. In the final minutes of trading on Tuesday, shares hit $102.09, a climb of nearly 9% in the last 12 months.