Assurant (AIZ) 8-K Assurant Reports Q2 2008 Net Operating Income of $185.8 Million ($1.55

Exhibit 99.2

Assurant, Inc. (AIZ)

Financial Supplement as of June 30, 2008

ASSURANT, INC. AND SUBSIDIARIES

FINANCIAL SUPPLEMENT

(UNAUDITED)

AS OF JUNE 30, 2008

	Page:
INDEX TO SUPPLEMENT
SAFE HARBOR STATEMENT & REGULATION G – NON GAAP FINANCIAL MEASURES	1
SUMMARY FINANCIAL HIGHLIGHTS	2
SEGMENTED CONDENSED BALANCE SHEETS	4
RECONCILIATION OF NET OPERATING INCOME TO NET INCOME	5
CONSOLIDATED CONDENSED STATEMENT OF OPERATIONS	6
CONDENSED SEGMENT STATEMENTS OF OPERATIONS	7
INVESTMENTS	15
INVESTMENT RESULTS BY ASSET CATEGORY & ANNUALIZED YIELDS	16
SUMMARY OF NET OPERATING INCOME DISCLOSED ITEMS	17

About Assurant:

Assurant is a premier provider of specialized insurance products and related services in North America and selected other international markets. The four key businesses – Assurant Solutions; Assurant Specialty Property; Assurant Health; and Assurant Employee Benefits – have partnered with clients who are leaders in their industries and have built leadership positions in a number of specialty insurance market segments in the U.S. and selected international markets. The Assurant business units provide debt protection administration; credit-related insurance; warranties and service contracts; pre-funded funeral insurance; creditor-placed homeowners insurance; manufactured housing homeowners insurance; individual health and small employer group health insurance; group dental insurance; group disability insurance; and group life insurance.

Assurant, a Fortune 500 company and a member of the S & P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has more than $26 billion in assets and $8 billion in annual revenue. Assurant has approximately 14,000 employees worldwide and is headquartered in New York’s financial district.www.assurant.com.

Safe Harbor Statement:

Some of the statements included in this press release and its exhibits, particularly those anticipating future financial performance, business prospects, growth and operating strategies and similar matters, are forward-looking statements that involve a number of risks and uncertainties. You can identify these statements by the fact that they may use words such as “will,” “anticipate,” “expect,” “estimate,” “project,” “intend,” “plan,” “believe,” “target,” “forecast,” or the negative versions of those words and terms with a similar meaning. Our actual results might differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update any forward-looking statements in this earnings release or the exhibits as a result of new information or future events or developments.

The following risk factors could cause our actual results to differ materially from those currently estimated by management: (i) failure to maintain significant client relationships, distribution sources and contractual arrangements; (ii) failure to attract and retain sales representatives; (iii) general global economic, financial market and political conditions (including fluctuations in interest rates, mortgage rates, monetary policies and inflationary pressure); (iv) inadequacy of reserves established for future claims losses; (v) failure to predict or manage benefits, claims and other costs; (vi) in diminished value of invested assets in our investment portfolio (due to, among other things, credit and liquidity risk, environmental liability exposure and inability to target an appropriate overall risk level); (vii) losses due to natural and man-made catastrophes; (viii) unavailability, inadequacy and unaffordable pricing of reinsurance coverage; (ix) inability of reinsurers to meet their obligations; (x) insolvency of third parties to whom we have sold or may sell businesses through reinsurance or modified co-insurance; (xi) credit risk of some of our agents in Assurant Specialty Property and Solutions; (xii) a further decline in the manufactured housing industry; (xiii) a decline in our credit or financial strength ratings; (xiv) failure to effectively maintain and modernize our information systems; (xv) failure to protect client information and privacy; (xvi) failure to find and integrate suitable acquisitions and new insurance ventures; (xvii) inability of our subsidiaries to pay sufficient dividends; (xviii) failure to provide for succession of senior management and key executives; (xix) negative publicity and impact on our business due to unfavorable outcomes in litigation and regulatory investigations (including the potential impact on our reputation and business of a negative outcome in the ongoing SEC investigation); (xx) significant competitive pressures in our businesses and cyclicality of the insurance industry: (xxi) current or new laws and regulations that could increase our costs or limit our growth in Assurant Specialty Property and Solutions; (xii) a further decline in the manufactured housing industry; (xiii) a decline in our credit or financial strength ratings; (xiv) failure to effectively maintain and modernize our information systems; (xv) failure to protect client information and privacy; (xvi) failure to find and integrate suitable acquisitions and new insurance ventures; (xvii) inability of our subsidiaries to pay sufficient dividends; (xviii) failure to provide for succession of senior management and key executives; (xix) negative publicity and impact on our business due to unfavorable outcomes in litigation and regulatory investigations (including the potential impact on our reputation and business of a negative outcome in the ongoing SEC investigation); (xx) significant competitive pressures in our businesses and cyclicality of the insurance industry: (xxi) current or new laws and regulations that could increase our costs or limit our growth.

For a detailed discussion of the risk factors that could affect our actual results, please refer to the risk factors identified in our SEC reports, including, but not limited to, our Annual Report on 10-K, as filed with the SEC.

Regulation G – Non GAAP Financial Measures

Assurant uses the following non-GAAP financial measures to analyze the Company’s operating performance for the periods presented in this financial supplement. Because Assurant’s calculation of these measures may differ from similar measures used by other companies, investors should be careful when comparing Assurant’s non-GAAP financial measures to those of other companies.

(1) Assurant uses net operating income as an important measure of the Company’s operating performance. Net operating income equals net income, excluding net realized gains (losses) on investments and unusual and/or infrequent items. The Company believes net operating income provides investors a valuable measure of the performance of the Company’s ongoing business, because it excludes both the effect of net realized gains (losses) on investments that tend to be highly variable from period to period, and those events that are unusual and/or unlikely to recur.

1

Assurant, Inc. and Subsidiaries

Summary Financial Highlights

(Unaudited)

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
($ in thousands, except number of shares and per share amounts)	2008			2007			2008			2007
Net operating income (1)	$	185,797		$	168,286		$	400,670		$	344,122
Net realized (losses) gains on investments		(22,473	)		(2,006	)		(50,516	)		1,615
Gain on sale of inactive subsidiary		26,630			—			26,630			—
Net income	$	189,954		$	166,280		$	376,784		$	345,737
Total revenues	$	2,248,760		$	2,064,727		$	4,426,085		$	4,121,990
PER SHARE AND SHARE DATA:
Basic earnings per common share
Net operating income	$	1.57		$	1.39		$	3.40		$	2.83
Net income	$	1.61		$	1.38		$	3.19		$	2.85
Weighted average common shares outstanding—basic		118,059,955			120,657,052			117,971,858			121,399,339
Diluted earnings per common share
Net operating income	$	1.55		$	1.37		$	3.36		$	2.79
Net income	$	1.59		$	1.36		$	3.16		$	2.80
Weighted average common shares outstanding—diluted		119,492,837			122,492,504			119,423,506			123,334,227

2

Assurant, Inc. and Subsidiaries

Summary Financial Highlights (continued)

(Unaudited)

($ in thousands, except shares and per share amounts)	As of June 30, 2008			As of December 31, 2007
Total assets	$	26,212,032		$	26,750,316
Total stockholders’ equity	$	4,247,480		$	4,088,903
Total stockholders’ equity (excluding AOCI)	$	4,385,248		$	4,034,992
Basic book value per share	$	35.91		$	34.71
Basic book value per share (excluding AOCI)	$	37.08		$	34.25
Shares outstanding for basic book value per share calculation		118,267,434			117,808,007
Diluted book value per share	$	35.53		$	34.19
Diluted book value per share (excluding AOCI)	$	36.68		$	33.73
Shares outstanding for diluted book value per share calculation		119,550,757			119,609,423
Debt to total capital ratio (excluding AOCI)		18.3	%		19.7	%

3

Assurant, Inc. and Subsidiaries

Segmented Condensed Balance Sheets

(Unaudited)

	At June 30, 2008
	Solutions		Specialty Property		Health		Employee Benefits		Corporate & Other(1)			Consolidated
	($ in thousands)
Assets
Investments and cash and cash equivalents	$	7,642,605	$	2,562,579	$	1,063,476	$	2,478,719	$	736,561		$	14,483,940
Reinsurance recoverables		668,333		274,193		6,248		17,115		2,950,597			3,916,486
Deferred acquisition costs		2,677,919		186,501		25,021		28,411		—			2,917,852
Goodwill		—		—		—		—		828,743			828,743
Assets held in separate accounts		239,420		—		—		—		2,422,755			2,662,175
Other assets		397,113		272,011		94,176		134,099		505,437			1,402,836
Total assets	$	11,625,390	$	3,295,284	$	1,188,921	$	2,658,344	$	7,444,093		$	26,212,032
Liabilities
Policyholder benefits and claims payable	$	4,697,150	$	336,258	$	484,821	$	1,807,895	$	3,191,371		$	10,517,495
Unearned premiums		4,212,788		1,134,191		127,369		14,137		43,377			5,531,862
Debt		—		—		—		—		971,909			971,909
Mandatorily redeemable preferred stock		—		—		—		—		11,160			11,160
Liabilities related to separate accounts		239,420		—		—		—		2,422,755			2,662,175
Accounts payable and other liabilities		850,018		446,335		196,228		280,568		496,802			2,269,951
Total liabilities		9,999,376		1,916,784		808,418		2,102,600		7,137,374			21,964,552
Stockholders’ equity
Equity, excluding accumulated other comprehensive loss		1,626,014		1,378,500		380,503		555,744		444,487			4,385,248
Accumulated other comprehensive loss		—		—		—		—		(137,768	)		(137,768	)
Total stockholders’ equity		1,626,014		1,378,500		380,503		555,744		306,719			4,247,480
Total liabilities and stockholders’ equity	$	11,625,390	$	3,295,284	$	1,188,921	$	2,658,344	$	7,444,093		$	26,212,032
	At December 31, 2007
	Solutions		Specialty Property		Health		Employee Benefits		Corporate & Other(1)			Consolidated
	($ in thousands)
Assets
Investments and cash and cash equivalents	$	7,691,655	$	2,237,372	$	1,113,771	$	2,564,741	$	944,576		$	14,552,115
Reinsurance recoverables		687,441		277,395		5,036		17,584		2,916,892			3,904,348
Deferred acquisition costs		2,658,207		178,398		34,175		24,565		—			2,895,345
Goodwill		—		—		—		—		832,656			832,656
Assets held in separate accounts		255,341		—		—		—		2,887,947			3,143,288
Other assets		644,132		263,249		83,609		200,808		230,766			1,422,564
Total assets	$	11,936,776	$	2,956,414	$	1,236,591	$	2,807,698	$	7,812,837		$	26,750,316
Liabilities
Policyholder benefits and claims payable	$	4,676,416	$	314,062	$	500,126	$	1,842,861	$	3,159,115		$	10,492,580
Unearned premiums		4,171,003		1,052,326		128,756		14,259		44,365			5,410,709
Debt		—		—		—		—		971,863			971,863
Mandatorily redeemable preferred stock		—		—		—		—		21,160			21,160
Liabilities related to separate accounts		255,341		—		—		—		2,887,947			3,143,288
Accounts payable and other liabilities		1,238,933		431,952		196,812		345,220		408,896			2,621,813
Total liabilities		10,341,693		1,798,340		825,694		2,202,340		7,493,346			22,661,413
Stockholders’ equity
Equity, excluding accumulated other comprehensive income		1,595,083		1,158,074		410,897		605,358		265,580			4,034,992
Accumulated other comprehensive income		—		—		—		—		53,911			53,911
Total stockholders’ equity		1,595,083		1,158,074		410,897		605,358		319,491			4,088,903
Total liabilities and stockholders’ equity	$	11,936,776	$	2,956,414	$	1,236,591	$	2,807,698	$	7,812,837		$	26,750,316

(1) The Corporate and Other segment includes Accumulated Other Comprehensive Income (Loss), Reinsurance Recoverables related to the disposal of FFG and LTC businesses, goodwill, separate accounts related to the disposal of FFG business and all of Assurant, Inc.’s debt.

4

Assurant, Inc. and Subsidiaries

Reconciliation of Net Operating Income to Net Income

(Unaudited)

	For the Three Months Ended																		For the Six Months Ended
($ in thousands, net of tax)	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			June 30, 2008			June 30, 2007
Assurant Solutions	$	32,355		$	47,557		$	32,265		$	37,377		$	30,210		$	44,069		$	79,912		$	74,279
Assurant Specialty Property		131,042			124,744			99,917			114,682			90,207			74,434			255,786			164,641
Assurant Health		27,721			37,263			38,016			39,365			33,838			40,524			64,984			74,362
Assurant Employee Benefits		18,630			16,332			16,197			20,392			21,475			28,957			34,962			50,432
Corporate and other		(18,777	)		(5,882	)		(27,436	)		(11,583	)		(2,862	)		(7,632	)		(24,659	)		(10,494	)
Amortization of deferred gains on disposal of businesses		4,763			4,796			5,360			5,394			5,360			5,427			9,559			10,787
Interest expense		(9,937	)		(9,937	)		(9,943	)		(9,937	)		(9,942	)		(9,943	)		(19,874	)		(19,885	)
Net operating income		185,797			214,873			154,376			195,690			168,286			175,836			400,670			344,122
Adjustments:
Net realized (losses) gains on investments		(22,473	)		(28,043	)		(33,558	)		(8,499	)		(2,006	)		3,621			(50,516	)		1,615
Gain on sale of inactive subsidiary		26,630			—			—			—			—			—			26,630			—
Net income	$	189,954		$	186,830		$	120,818		$	187,191		$	166,280		$	179,457		$	376,784		$	345,737

5

Assurant, Inc. and Subsidiaries

Consolidated Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended																		For the Six Months Ended
($ in thousands, except per share data and closing stock price)	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			June 30, 2008			June 30, 2007
Revenues:
Net earned premiums and other considerations	$	1,995,516		$	1,941,417		$	1,956,146		$	1,893,388		$	1,798,687		$	1,759,509		$	3,936,933		$	3,558,196
Net investment income		201,211			197,774			197,826			194,049			190,302			216,896			398,985			407,198
Net realized (losses) gains on investments		(34,574	)		(43,143	)		(51,628	)		(13,076	)		(3,086	)		5,570			(77,717	)		2,484
Amortization of deferred gains on disposal of businesses		7,327			7,379			8,246			8,298			8,246			8,349			14,706			16,595
Fees and other income		79,280			73,898			72,743			65,533			70,578			66,939			153,178			137,517
		2,248,760			2,177,325			2,183,333			2,148,192			2,064,727			2,057,263			4,426,085			4,121,990
Benefits, losses and expenses:
Policyholder benefits		998,208			937,459			985,591			935,545			902,053			889,522			1,935,667			1,791,575
Selling, underwriting, general and administrative expenses		985,851			938,650			985,542			913,214			894,904			874,926			1,924,501			1,769,830
Interest expense		15,287			15,288			15,297			15,288			15,296			15,297			30,575			30,593
		1,999,346			1,891,397			1,986,430			1,864,047			1,812,253			1,779,745			3,890,743			3,591,998
Income before provision for income taxes		249,414			285,928			196,903			284,145			252,474			277,518			535,342			529,992
Provision for income taxes		59,460			99,098			76,085			96,954			86,194			98,061			158,558			184,255
Net income	$	189,954		$	186,830		$	120,818		$	187,191		$	166,280		$	179,457		$	376,784		$	345,737
Diluted per share data:
Net operating income per diluted share	$	1.55		$	1.80		$	1.29		$	1.63		$	1.37		$	1.42		$	3.36		$	2.79
Book value per diluted share (excluding AOCI)	$	36.68		$	35.33		$	33.73		$	32.99		$	31.81		$	31.14		$	36.68		$	31.81
Annualized operating return on equity (excluding AOCI)		17.3	%		20.8	%		15.5	%		20.1	%		17.5	%		18.6	%		19.0	%		18.1	%
Share repurchase program:
Shares repurchased		—			—			—			2,283,100			1,984,400			1,421,833			—			3,406,233
Average repurchase price per share	$	—		$	—		$	—		$	52.07		$	58.56		$	54.48		$	—		$	56.86
Repurchase price	$	—		$	—		$	—		$	118,887		$	116,216		$	77,460		$	—		$	193,676
AIZ Closing stock price (NYSE)	$	65.96		$	60.86		$	66.90		$	53.50		$	58.92		$	53.63		$	65.96		$	58.92
Investment yield (1)		5.56	%		5.61	%		5.70	%		5.73	%		5.69	%		5.66	%		5.59	%		5.68	%
Investment income from real estate joint venture partnerships	$	3,457		$	—		$	127		$	534		$	2,972		$	33,540		$	3,457		$	36,512

(1) Investment yield excludes investment income from real estate joint venture partnerships shown above.

6

Assurant Solutions

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended												For the Six Months Ended
($ in thousands)	June 30, 2008		March 31, 2008		December 31, 2007		September 30, 2007		June 30, 2007		March 31, 2007		June 30, 2008		June 30, 2007
Revenues:
Net earned premiums and other considerations	$	700,629	$	683,493	$	678,844	$	649,915	$	618,675	$	583,011	$	1,384,122	$	1,201,686
Net investment income		108,425		106,730		108,899		105,631		100,784		112,017		215,155		212,801
Fees and other income		47,668		44,281		43,580		36,623		40,957		38,051		91,949		79,008
		856,722		834,504		831,323		792,169		760,416		733,079		1,691,226		1,493,495
Benefits, losses and expenses:
Policyholder benefits		306,173		286,680		287,232		284,755		258,527		243,344		592,853		501,871
Selling, underwriting, general and administrative expenses		503,073		475,533		496,414		451,510		455,140		427,645		978,606		882,785
		809,246		762,213		783,646		736,265		713,667		670,989		1,571,459		1,384,656
Income before provision for income taxes		47,476		72,291		47,677		55,904		46,749		62,090		119,767		108,839
Provision for income taxes		15,121		24,734		15,412		18,527		16,539		18,021		39,855		34,560
Net operating income	$	32,355	$	47,557	$	32,265	$	37,377	$	30,210	$	44,069	$	79,912	$	74,279
Net earned premiums and other considerations:
Domestic:
Credit	$	69,808	$	73,253	$	70,563	$	75,638	$	76,109	$	80,921	$	143,061	$	157,030
Service contracts		335,552		319,515		322,092		292,762		280,274		261,863		655,067		542,137
Other		15,186		15,434		16,007		14,496		15,517		16,689		30,620		32,206
Total Domestic		420,546		408,202		408,662		382,896		371,900		359,473		828,748		731,373
International:
Credit		88,661		98,264		88,988		98,431		92,413		96,877		186,925		189,290
Service contracts		90,128		77,667		79,982		64,561		62,543		42,717		167,795		105,260
Other		6,903		9,598		11,598		8,307		10,260		8,979		16,501		19,239
Total International		185,692		185,529		180,568		171,299		165,216		148,573		371,221		313,789
Preneed:
Domestic and international		85,253		80,654		79,446		85,050		70,358		63,288		165,907		133,646
Domestic independent runoff		9,138		9,108		10,168		10,670		11,201		11,677		18,246		22,878
Total Preneed		94,391		89,762		89,614		95,720		81,559		74,965		184,153		156,524
Total	$	700,629	$	683,493	$	678,844	$	649,915	$	618,675	$	583,011	$	1,384,122	$	1,201,686
Fee income:
Domestic:
Debt protection	$	8,284	$	7,915	$	7,459	$	7,415	$	7,469	$	8,750	$	16,199	$	16,219
Service contracts		19,941		18,370		19,963		16,679		17,190		16,877		38,311		34,067
Other		7,439		5,735		7,021		6,320		5,205		6,493		13,174		11,698
Total Domestic		35,664		32,020		34,443		30,414		29,864		32,120		67,684		61,984
International		9,706		9,740		8,113		5,179		4,384		4,492		19,446		8,876
Preneed		2,298		2,521		1,024		1,030		6,709		1,439		4,819		8,148
Total	$	47,668	$	44,281	$	43,580	$	36,623	$	40,957	$	38,051	$	91,949	$	79,008

7

Assurant Solutions (continued)

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended																		For the Six Months Ended
($ in thousands)	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			June 30, 2008			June 30, 2007
Gross written premiums:
Domestic:
Credit	$	152,730		$	152,341		$	159,259		$	168,135		$	167,738		$	161,843		$	305,071		$	329,581
Service contracts		396,157			393,811			491,036			434,465			448,143			454,404			789,968			902,547
Other		17,076			16,758			19,773			22,353			22,014			20,865			33,834			42,879
Total Domestic		565,963			562,910			670,068			624,953			637,895			637,112			1,128,873			1,275,007
International:
Credit		214,407			219,212			221,181			219,945			201,353			191,415			433,619			392,768
Service contracts		110,714			101,002			137,385			118,754			86,948			79,582			211,716			166,530
Other		8,962			11,348			11,059			11,176			13,933			10,422			20,310			24,355
Total International		334,083			331,562			369,625			349,875			302,234			281,419			665,645			583,653
Total	$	900,046		$	894,472		$	1,039,693		$	974,828		$	940,129		$	918,531		$	1,794,518		$	1,858,660
Preneed (face sales)	$	120,859		$	104,424		$	100,031		$	107,341		$	102,360		$	86,058		$	225,283		$	188,418
Foreign currency translation (FX) impact(1):
Gross written premiums:
Including FX impact		-4.26	%		-2.62	%		5.84	%		9.99	%		13.57	%		15.67	%		-3.45	%		14.60	%
FX impact		2.34	%		3.43	%		3.09	%		1.21	%		0.85	%		0.48	%		2.83	%		0.67	%
Excluding FX impact		-6.60	%		-6.05	%		2.75	%		8.78	%		12.72	%		15.19	%		-6.28	%		13.93	%
Net earned premiums:
Including FX impact		13.25	%		17.23	%		9.88	%		9.92	%		4.47	%		2.21	%		15.18	%		3.36	%
FX impact		1.65	%		2.42	%		2.40	%		1.15	%		0.87	%		0.67	%		1.94	%		0.77	%
Excluding FX impact		11.60	%		14.81	%		7.48	%		8.77	%		3.60	%		1.54	%		13.24	%		2.59	%
Net operating income(2):
Including FX impact		7.10	%		7.91	%		-18.95	%		-10.38	%		-18.68	%		10.87	%		7.58	%		-3.40	%
FX impact		-4.64	%		1.99	%		-0.88	%		-1.49	%		-2.01	%		-1.33	%		-2.37	%		-1.66	%
Excluding FX impact		11.74	%		5.92	%		-18.07	%		-8.89	%		-16.67	%		12.20	%		9.95	%		-1.74	%
Combined ratios (a):
Domestic		99.4	%		96.5	%		101.9	%		100.9	%		100.8	%		100.9	%		98.0	%		100.9	%
International		111.4	%		102.3	%		106.1	%		102.3	%		109.7	%		102.1	%		106.9	%		106.1	%
Preneed yield (3)		6.28	%		6.13	%		6.30	%		6.50	%		6.27	%		6.29	%		6.21	%		6.25	%
Preneed average invested assets	$	3,937,722		$	3,963,127		$	3,986,933		$	3,832,047		$	3,650,784		$	3,600,420		$	3,948,227		$	3,610,906
Investment yield (3)		5.76	%		5.72	%		5.83	%		5.84	%		5.83	%		5.80	%		5.74	%		5.82	%
Investment income from real estate joint venture partnerships	$	1,210		$	—		$	44		$	187		$	1,045		$	14,448		$	1,210		$	15,493

(a) The combined ratio is equal to total benefits, losses and expenses divided by net earned premiums and other considerations and fees and other income excluding the preneed business.

(1) Total Solutions percentage growth from year-ago period due to conversion of income statement transactions at weighted average foreign currency exchange rates.

(2) Net operating income growth for the three months ended December 31, 2007 compared to the year-ago period excludes $40,481 of after-tax income related to a third-party legal settlement previously disclosed in the Financial Supplement as of December 31, 2007.

(3) Investment yield excludes investment income from real estate joint venture partnerships shown above.

8

Assurant Specialty Property

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended																		For the Six Months Ended
($ in thousands)	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			June 30, 2008			June 30, 2007
Revenues:
Net earned premiums and other considerations	$	533,914		$	481,427		$	476,400		$	445,211		$	393,614		$	367,041		$	1,015,341		$	760,655
Net investment income		31,997			29,375			28,812			25,862			23,667			21,869			61,372			45,536
Fees and other income		11,996			13,593			13,943			12,063			12,654			12,596			25,589			25,250
		577,907			524,395			519,155			483,136			429,935			401,506			1,102,302			831,441
Benefits, losses and expenses:
Policyholder benefits		171,793			144,813			171,866			129,354			130,866			116,787			316,606			247,653
Selling, underwriting, general and administrative expenses		206,339			188,842			194,129			177,738			159,292			170,799			395,181			330,091
		378,132			333,655			365,995			307,092			290,158			287,586			711,787			577,744
Income before provision for income taxes		199,775			190,740			153,160			176,044			139,777			113,920			390,515			253,697
Provision for income taxes		68,733			65,996			53,243			61,362			49,570			39,486			134,729			89,056
Net operating income	$	131,042		$	124,744		$	99,917		$	114,682		$	90,207		$	74,434		$	255,786		$	164,641
Net earned premiums for selected product groupings:
Homeowners (Creditor Placed & Voluntary)	$	391,153		$	342,335		$	342,931		$	317,607		$	276,663		$	250,889		$	733,488		$	527,552
Manufactured Housing (Creditor Placed & Voluntary)		56,484			57,061			53,850			54,132			50,452			50,670			113,545			101,122
Other		86,277			82,031			79,619			73,472			66,499			65,482			168,308			131,981
Total	$	533,914		$	481,427		$	476,400		$	445,211		$	393,614		$	367,041		$	1,015,341		$	760,655
Gross written premiums for selected product groupings:
Homeowners (Creditor Placed & Voluntary)	$	529,444		$	419,501		$	462,730		$	420,184		$	380,099		$	319,053		$	948,945		$	699,152
Manufactured Housing (Creditor Placed & Voluntary)		79,451			70,131			79,193			77,885			77,042			67,785			149,582			144,827
Other		169,849			125,316			146,182			156,235			150,435			112,322			295,165			262,757
Total	$	778,744		$	614,948		$	688,105		$	654,304		$	607,576		$	499,160		$	1,393,692		$	1,106,736
Ratios:
Loss ratio (a)		32.2	%		30.1	%		36.1	%		29.1	%		33.2	%		31.8	%		31.2	%		32.6	%
Expense ratio (b)		37.8	%		38.1	%		39.6	%		38.9	%		39.2	%		45.0	%		38.0	%		42.0	%
Combined ratio (c)		69.3	%		67.4	%		74.6	%		67.2	%		71.4	%		75.8	%		68.4	%		73.5	%
Investment yield(1)		5.16	%		5.11	%		5.58	%		5.46	%		5.28	%		5.51	%		5.21	%		5.39	%
Investment income from real estate joint venture partnerships	$	346		$	—		$	13		$	53		$	297		$	159		$	346		$	456

(a) The loss ratio is equal to policyholder benefits divided by net earned premiums and other considerations.

(b) The expense ratio is equal to selling, underwriting, general and administrative expenses divided by net earned premiums and other considerations and fees and other income.

(c) The combined ratio is equal to total benefits, losses and expenses divided by net earned premiums and other considerations and fees and other income.

(1) Investment yield excludes investment income from real estate joint venture partnerships shown above.

9

Assurant Health

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended												For the Six Months Ended
($ in thousands)	June 30, 2008		March 31, 2008		December 31, 2007		September 30, 2007		June 30, 2007		March 31, 2007		June 30, 2008		June 30, 2007
Revenues:
Net earned premiums and other considerations	$	487,725	$	496,060	$	509,327	$	514,233	$	513,936	$	512,784	$	983,785	$	1,026,720
Net investment income		15,302		15,648		15,321		15,753		16,290		19,270		30,950		35,560
Fees and other income		9,637		9,406		9,762		10,688		10,445		9,688		19,043		20,133
		512,664		521,114		534,410		540,674		540,671		541,742		1,033,778		1,082,413
Benefits, losses and expenses:
Policyholder benefits		325,504		306,565		321,851		326,479		329,327		317,784		632,069		647,111
Selling, underwriting, general and administrative expenses		143,804		157,181		152,922		153,928		159,088		161,410		300,985		320,498
		469,308		463,746		474,773		480,407		488,415		479,194		933,054		967,609
Income before provision for income taxes		43,356		57,368		59,637		60,267		52,256		62,548		100,724		114,804
Provision for income taxes		15,635		20,105		21,621		20,902		18,418		22,024		35,740		40,442
Net operating income	$	27,721	$	37,263	$	38,016	$	39,365	$	33,838	$	40,524	$	64,984	$	74,362
Net earned premiums and other considerations:
Individual:
Individual medical	$	318,095	$	319,756	$	324,727	$	323,490	$	320,442	$	314,662	$	637,851	$	635,104
Short-term medical		24,583		23,539		24,441		26,336		23,499		22,561		48,122		46,060
Subtotal		342,678		343,295		349,168		349,826		343,941		337,223		685,973		681,164
Small employer group		145,047		152,765		160,159		164,407		169,995		175,561		297,812		345,556
Total	$	487,725	$	496,060	$	509,327	$	514,233	$	513,936	$	512,784	$	983,785	$	1,026,720

10

Assurant Health (continued)

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended																		For the Six Months Ended
($ in thousands)	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			June 30, 2008			June 30, 2007
Sales (annualized issued premiums):
Individual:
Individual medical	$	78,080		$	79,976		$	67,680		$	85,089		$	100,468		$	99,614		$	158,056		$	200,082
Short-term medical		34,990			32,972			30,219			35,285			33,606			31,939			67,962			65,545
Subtotal		113,070			112,948			97,899			120,374			134,074			131,553			226,018			265,627
Small employer group		25,864			26,161			27,345			27,414			28,307			29,520			52,025			57,827
Total	$	138,934		$	139,109		$	125,244		$	147,788		$	162,381		$	161,073		$	278,043		$	323,454
Membership by product line:
Individual:
Individual medical		587			599			619			638			650			641			587			650
Short-term medical		101			87			87			101			99			85			101			99
Subtotal		688			686			706			739			749			726			688			749
Small employer group		142			152			165			171			181			191			142			181
Total		830			838			871			910			930			917			830			930
Ratios:
Loss ratio (a)		66.7	%		61.8	%		63.2	%		63.5	%		64.1	%		62.0	%		64.2	%		63.0	%
Expense ratio (b)		28.9	%		31.1	%		29.5	%		29.3	%		30.3	%		30.9	%		30.0	%		30.6	%
Combined ratio (c)		94.4	%		91.7	%		91.5	%		91.5	%		93.1	%		91.7	%		93.0	%		92.4	%
Investment yield(1)		5.84	%		6.12	%		5.79	%		5.93	%		5.84	%		5.70	%		5.96	%		5.80	%
Investment income from real estate joint venture partnerships	$	691		$	—		$	25		$	107		$	590		$	3,535		$	691		$	4,125

(a) The loss ratio is equal to policyholder benefits divided by net earned premiums and other considerations.

(b) The expense ratio is equal to selling, underwriting, general and administrative expenses divided by net earned premiums and other considerations and fees and other income.

(c) The combined ratio is equal to total benefits, losses and expenses divided by net earned premiums and other considerations and fees and other income.

(1) Investment yield excludes investment income from real estate joint venture partnerships shown above.

11

Assurant Employee Benefits

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended												For the Six Months Ended
($ in thousands)	June 30, 2008		March 31, 2008		December 31, 2007		September 30, 2007		June 30, 2007		March 31, 2007		June 30, 2008		June 30, 2007
Revenues:
Net earned premiums and other considerations	$	273,248	$	280,437	$	291,575	$	284,029	$	272,462	$	296,673	$	553,685	$	569,135
Net investment income		38,919		38,369		37,614		38,046		39,408		51,887		77,288		91,295
Fees and other income		7,208		6,555		5,301		6,040		6,379		6,277		13,763		12,656
		319,375		325,361		334,490		328,115		318,249		354,837		644,736		673,086
Benefits, losses and expenses:
Policyholder benefits		193,642		199,401		200,673		194,957		183,333		211,607		393,043		394,940
Selling, underwriting, general and administrative expenses		97,354		100,901		108,847		101,978		102,090		98,953		198,255		201,043
		290,996		300,302		309,520		296,935		285,423		310,560		591,298		595,983
Income before provision for income taxes		28,379		25,059		24,970		31,180		32,826		44,277		53,438		77,103
Provision for income taxes		9,749		8,727		8,773		10,788		11,351		15,320		18,476		26,671
Net operating income	$	18,630	$	16,332	$	16,197	$	20,392	$	21,475	$	28,957	$	34,962	$	50,432
Net earned premiums and other considerations by:
Major product grouping:
Group dental	$	108,976	$	106,073	$	104,938	$	103,770	$	102,567	$	101,535	$	215,049	$	204,102
Group disability single premiums for closed blocks		—		5,500		14,326		12,283		—		22,847		5,500		22,847
All other group disability		113,327		116,300		118,858		114,904		115,539		118,189		229,627		233,728
Group life		50,945		52,564		53,453		53,072		54,356		54,102		103,509		108,458
Total	$	273,248	$	280,437	$	291,575	$	284,029	$	272,462	$	296,673	$	553,685	$	569,135

12

Assurant Employee Benefits (continued)

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended																		For the Six Months Ended
($ in thousands)	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			June 30, 2008			June 30, 2007
Sales:
Group dental	$	23,021		$	45,625		$	16,969		$	26,780		$	19,747		$	42,212		$	68,646		$	61,959
Group disability		10,404			18,909			10,984			12,314			14,121			20,394			29,313			34,515
Group life		5,775			9,836			6,069			6,210			7,051			11,875			15,611			18,926
Total	$	39,200		$	74,370		$	34,022		$	45,304		$	40,919		$	74,481		$	113,570		$	115,400
Ratios:
Loss ratio (a)		70.9	%		71.1	%		68.8	%		68.6	%		67.3	%		71.3	%		71.0	%		69.4	%
Expense ratio (b)		34.7	%		35.2	%		36.7	%		35.2	%		36.6	%		32.7	%		34.9	%		34.6	%
Investment yield(1)		6.25	%		6.29	%		6.16	%		6.19	%		6.21	%		6.09	%		6.29	%		6.17	%
Investment income from real estate joint venture partnerships	$	1,210		$	—		$	45		$	187		$	1,040		$	14,164		$	1,210		$	15,204

(a) The loss ratio is equal to policyholder benefits divided by net earned premiums and other considerations.

(b) The expense ratio is equal to selling, underwriting, general and administrative expenses divided by net earned premiums and other considerations and fees and other income.

(1) Investment yield excludes investment income from real estate joint venture partnerships shown above.

13

Assurant Corporate and Other

Condensed Statements of Operations

(Unaudited)

	For the Three Months Ended																		For the Six Months Ended
($ in thousands)	June 30, 2008			March 31, 2008			December 31, 2007			September 30, 2007			June 30, 2007			March 31, 2007			June 30, 2008			June 30, 2007
Revenues:
Net earned premiums and other considerations	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Net investment income		6,568			7,652			7,180			8,757			10,153			11,853			14,220			22,006
Net realized (losses) gains on investments		(34,574	)		(43,143	)		(51,628	)		(13,076	)		(3,086	)		5,570			(77,717	)		2,484
Amortization of deferred gains on disposal of businesses		7,327			7,379			8,246			8,298			8,246			8,349			14,706			16,595
Fees and other income		2,771			63			157			119			143			327			2,834			470
		(17,908	)		(28,049	)		(36,045	)		4,098			15,456			26,099			(45,957	)		41,555
Benefits, losses and expenses:
Policyholder benefits		1,096			—			3,969			—			—			—			1,096			—
Selling, underwriting, general and administrative expenses		35,281			16,193			33,230			28,060			19,294			16,119			51,474			35,413
Interest expense		15,287			15,288			15,297			15,288			15,296			15,297			30,575			30,593
		51,664			31,481			52,496			43,348			34,590			31,416			83,145			66,006
Loss before (benefit) provision for income taxes		(69,572	)		(59,530	)		(88,541	)		(39,250	)		(19,134	)		(5,317	)		(129,102	)		(24,451	)
(Benefit) provision for income taxes		(49,778	)		(20,464	)		(22,964	)		(14,625	)		(9,684	)		3,210			(70,242	)		(6,474	)
Net operating loss	$	(19,794	)	$	(39,066	)	$	(65,577	)	$	(24,625	)	$	(9,450	)	$	(8,527	)	$	(58,860	)	$	(17,977	)
Real estate investment income	$	—		$	—		$	—		$	—		$	—		$	1,234		$	—		$	1,234
Corporate and Other Reconciliation
Assurant Corporate and Other Segment Net Operating Income	$	(19,794	)	$	(39,066	)	$	(65,577	)	$	(24,625	)	$	(9,450	)	$	(8,527	)	$	(58,860	)	$	(17,977	)
Adjustments, net of tax:
Amortization of deferred gains on disposal of businesses		(4,763	)		(4,796	)		(5,360	)		(5,394	)		(5,360	)		(5,427	)		(9,559	)		(10,787	)
Interest expense		9,937			9,937			9,943			9,937			9,942			9,943			19,874			19,885
Net realized losses (gains) on investments		22,473			28,043			33,558			8,499			2,006			(3,621	)		50,516			(1,615	)
Gain on sale of inactive subsidiary		(26,630	)		—			—			—			—			—			(26,630	)		—
Corporate and other per Reconciliation of Net Operating
Income to Net Income (page 5)	$	(18,777	)	$	(5,882	)	$	(27,436	)	$	(11,583	)	$	(2,862	)	$	(7,632	)	$	(24,659	)	$	(10,494	)

14

Assurant, Inc. and Subsidiaries

Investments

(Unaudited)

($ in thousands)	As of June 30, 2008				As of December 31, 2007
Investments by type
Fixed maturity securities: available for sale, at fair value	$	9,689,741	66.8	%	$	10,126,415	69.5	%
Equity securities: available for sale, at fair value
Preferred stocks		711,421	4.9	%		613,525	4.2	%
Common stocks		6,128	0.1	%		22,476	0.2	%
Commercial mortgage loans on real estate, at amortized cost		1,486,138	10.3	%		1,433,626	9.9	%
Policy loans		56,220	0.4	%		57,107	0.4	%
Short-term investments		472,215	3.3	%		410,878	2.9	%
Collateral held under securities lending		510,903	3.5	%		541,650	3.7	%
Other investments		594,571	4.1	%		541,474	3.7	%
Total investments		13,527,337	93.4	%		13,747,151	94.5	%
Cash and cash equivalents		956,603	6.6	%		804,964	5.5	%
Total investments and cash and cash equivalents	$	14,483,940	100.0	%	$	14,552,115	100.0	%
Fixed Maturity Securities by Credit Quality (Fair Value)
Aaa / Aa / A	$	6,451,646	66.6	%	$	6,917,249	68.3	%
Baa		2,589,074	26.7	%		2,570,640	25.4	%
Ba		516,997	5.3	%		492,822	4.9	%
B and lower		132,024	1.4	%		145,704	1.4	%
Total	$	9,689,741	100.0	%	$	10,126,415	100.0	%
Fixed Maturity Securities by Issuer Type (Fair Value)
U.S government and government agencies and authorities	$	154,914	1.7	%	$	297,278	2.9	%
State, municipalities and political subdivisions		865,347	8.9	%		646,549	6.4	%
Foreign government		608,381	6.3	%		704,246	7.0	%
Public utilities		1,164,018	12.0	%		1,173,747	11.6	%
Mortgage-backed securities		962,951	9.9	%		1,020,614	10.1	%
All other corporate bonds		5,934,130	61.2	%		6,283,981	62.0	%
Total	$	9,689,741	100.0	%	$	10,126,415	100.0	%

15

Assurant, Inc. and Subsidiaries

Investment Results by Asset Category and Annualized Yields

(Unaudited)

	For the Three Months Ended June 30, 2008								For the Three Months Ended June 30, 2007								For the Six Months Ended June 30, 2008								For the Six Months Ended June 30, 2007
($ in thousands)	Yield		Investment Income			Net realized gain (loss)			Yield		Investment Income			Net realized gain (loss)			Yield		Investment Income			Net realized gain (loss)			Yield		Investment Income			Net realized gain (loss)
Fixed maturity securities: available for sale, at fair value	6.04	%	$	147,716		$	(25,222	)	5.94	%	$	137,417		$	(5,042	)	6.00	%	$	295,708		$	(59,575	)	5.94	%	$	271,671		$	(1,566	)
Equity securities: available for sale, at fair value	6.77	%		13,412			(8,371	)	6.42	%		11,898			(1,077	)	6.56	%		25,025			(16,768	)	6.50	%		24,038			(1,424	)
Commercial mortgage loans on real estate, at amortized cost	6.46	%		23,861			952		6.83	%		22,573			—		6.51	%		47,624			952		6.77	%		44,133			—
Policy loans	6.48	%		917			—		8.41	%		1,222			—		6.30	%		1,788			—		7.19	%		2,095			—
Cash and short-term investments	2.90	%		11,228			(1	)	4.59	%		14,152			9		3.36	%		24,159			3		4.62	%		29,015			26
Other investments*	7.47	%		10,558			(1,932	)	6.72	%		9,346			3,024		6.32	%		17,597			(2,329	)	17.48	%		48,863			5,448
Total				207,692		$	(34,574	)				196,608		$	(3,086	)				411,901		$	(77,717	)				419,815		$	2,484
Investment expenses				(6,481	)							(6,306	)							(12,916	)							(12,617	)
Net investment income			$	201,211							$	190,302							$	398,985							$	407,198
Gross realized gains						$	11,066							$	11,846							$	39,465							$	21,187
Gross realized losses							(18,067	)							(14,932	)							(46,200	)							(18,703	)
Other-than-temporary impairments on available for sale securities							(27,573	)							—								(70,982	)							—
Net realized (losses) gains						$	(34,574	)						$	(3,086	)						$	(77,717	)						$	2,484

* Investment income from other investments includes real estate investment income

16

Assurant, Inc. and Subsidiaries

Summary of Net Operating Income Disclosed Items—(1)

Income / (Expense) Items

(unaudited)

		For the Three Months Ended
($ in millions, after-tax)		June 30, 2008						March 31, 2008						December 31, 2007						September 30, 2007						June 30, 2007						March 31, 2007
		$			Diluted EPS			$			Diluted EPS			$			Diluted EPS			$			Diluted EPS			$			Diluted EPS			$			Diluted EPS
Assurant Solutions:
Fees from sale of US pre-need independent franchise	(a)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	3.5		$	0.03		$	—		$	—
Loss from repriced/discontinued international product	(b)(c)	$	(6.9	)	$	(0.06	)	$	—		$	—		$	—		$	—		$	(2.2	)	$	(0.02	)	$	(4.4	)	$	(0.04	)	$	—		$	—
Reconciliation of client commissions project	(c)	$	—		$	—		$	—		$	—		$	3.8		$	0.03		$	0.6		$	0.01		$	4.5		$	0.04		$	—		$	—
Client related settlements	(c)(a)	$	—		$	—		$	11.7		$	0.10		$	(3.4	)	$	(0.03	)	$	—		$	—		$	—		$	—		$	—		$	—
Assurant Specialty Property:
Reconciliation of client commissions project	(c)	$	—		$	—		$	—		$	—		$	5.9		$	0.05		$	2.3		$	0.02		$	5.5		$	0.04		$	—		$	—
Catastrophe losses, net of reinsurance	(b)	$	(11.5	)	$	(0.10	)	$	—		$	—		$	(22.2	)	$	(0.19	)	$	—		$	—		$	(3.4	)	$	(0.03	)	$	—		$	—
Client related settlements	(c)	$	—		$	—		$	4.6		$	0.04		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Assurant Health:
Legal related settlements	(c)	$	—		$	—		$	—		$	—		$	2.5		$	0.02		$	—		$	—		$	—		$	—		$	—		$	—
Assurant Employee Benefits:
Change in administration of state specific contract provisions	(b)	$	—		$	—		$	—		$	—		$	(2.1	)	$	(0.02	)	$	—		$	—		$	—		$	—		$	—		$	—
Assurant Corporate and Other:
Expenses related to SEC investigation	(c)	$	(3.0	)	$	(0.03	)	$	(1.6	)	$	(0.01	)	$	(4.3	)	$	(0.04	)	$	(3.2	)	$	(0.03	)	$	—		$	—		$	—		$	—
Change in certain tax liabilities/receivables	(d)	$	—		$	—		$	—		$	—		$	(6.4	)	$	(0.05	)	$	(0.6	)	$	(0.01	)	$	2.9		$	0.02		$	(5.8	)	$	(0.05	)

Statement of Operations line impact:

(a) Fees and other income

(b) Policyholder benefits

(c) Selling, underwriting, general and administrative expenses

(d) Income taxes

(1) Schedule excludes investment income from real estate joint ventures, which are shown separately in the Consolidated and Segment statements of operations.

(2) Historically, disclosed catastrophe losses include individual Insurance Services Office (ISO) events with losses greater than $5 million. Catastrophe losses in the three months ended June 30, 2008 and June 30, 2007 includes paid losses and case reserves on all ISO events, but do not include IBNR reserves.

17