Assurant sees FY25 adjusted EPS growth in low double-digits

Adjusted earnings, excluding reportable catastrophes, per diluted share, now expected to deliver low double-digit growth. The company now expects depreciation expense of approximately $150 million and interest expense of approximately $110 million, and continues to expect an effective tax rate of approximately 19 to 21 percent and amortization of purchased intangible assets of approximately $65 million.