Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - ASSURANT, INC. | Financial_Report.xls |
EX-31.1 - EX-31.1 - ASSURANT, INC. | d811351dex311.htm |
EX-31.2 - EX-31.2 - ASSURANT, INC. | d811351dex312.htm |
EX-32.2 - EX-32.2 - ASSURANT, INC. | d811351dex322.htm |
EX-32.1 - EX-32.1 - ASSURANT, INC. | d811351dex321.htm |
EX-10.1 - EX-10.1 - ASSURANT, INC. | d811351dex101.htm |
10-Q - FORM 10-Q - ASSURANT, INC. | d811351d10q.htm |
EXHIBIT 12.1
ASSURANT, INC.
COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES
(in millions of U.S. dollars except for ratio amounts)
September 30, 2014 |
2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||
Income before income taxes |
$ | 653.8 | $ | 789.7 | $ | 757.8 | $ | 706.2 | $ | 606.5 | $ | 714.3 | ||||||||||||
Fixed charges |
52.2 | 86.8 | 70.2 | 70.2 | 73.8 | 74.6 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Income as adjusted |
$ | 706.0 | $ | 876.5 | $ | 828.0 | $ | 776.4 | $ | 680.3 | $ | 788.9 | ||||||||||||
Fixed charges: |
||||||||||||||||||||||||
Interest expense, including discount amortization and preferred stock dividends (1) |
$ | 44.6 | $ | 77.7 | $ | 60.3 | $ | 60.4 | $ | 60.6 | $ | 60.7 | ||||||||||||
Portion of rents representative of an appropriate interest factor |
7.6 | 9.1 | 9.9 | 9.8 | 13.2 | 13.9 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Total fixed charges |
$ | 52.2 | $ | 86.8 | $ | 70.2 | $ | 70.2 | $ | 73.8 | $ | 74.6 | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||
Ratio of consolidated earnings to fixed charges |
13.52 | 10.10 | 11.79 | 11.06 | 9.22 | 10.58 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
(1) | Preferred stock issued is recorded as a liability, thus the corresponding dividend is recorded as interest expense. |