Assurant (AIZ) Launches Chile Protection Offering, Is The Stock Below Fair Value?

Assurant (AIZ) has just rolled out its Financial Services Ecosystem Protection business in Chile, highlighting how the insurer is focusing on everyday risks around payments, purchases, fraud and vehicle financing. Assurant’s recent Chile launch lands during a softer patch for the shares, with the 30-day share price return down 7.7% and the 90-day share price return down 3.8%. The stock still shows a 10.9% year-to-date share price gain and a 23.5% 1-year total shareholder return, which has...