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EX-32.2 - EXHIBIT 32.2 - ASSURANT INCaiz-20170331exh322.htm
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EX-31.2 - EXHIBIT 31.2 - ASSURANT INCaiz-20170331exh312.htm
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10-Q - AIZ 03.31.2017 10-Q - ASSURANT INCaiz-2017033110q.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)

 
March 31,
2017
 
2016
 
2015
 
2014
 
2013
 
2012
Income before income taxes
$
215.1

 
$
848.6

 
$
201.2

 
$
744.1

 
$
789.7

 
$
757.8

Fixed charges
14.6

 
66.5

 
65.7

 
68.5

 
86.8

 
70.2

Income as adjusted
$
229.7

 
$
915.1

 
$
266.9

 
$
812.6

 
$
876.5

 
$
828.0

Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense, including discount
      amortization and preferred stock dividends (1)
$
12.6

 
$
57.6

 
$
55.1

 
$
58.4

 
$
77.7

 
$
60.3

   Portion of rents representative of an appropriate
      interest factor
2.0

 
8.9

 
10.6

 
10.1

 
9.1

 
9.9

Total fixed charges
$
14.6

 
$
66.5

 
$
65.7

 
$
68.5

 
$
86.8

 
$
70.2

Ratio of consolidated earnings to fixed
  charges
15.73

 
13.76

 
4.06

 
11.86

 
10.10

 
11.79

_____________________________ 
(1)
Preferred stock issued is recorded as a liability, thus the corresponding dividend is recorded as interest expense.