Alan, you, everyone. good Thank and morning,
for Global reported Segment $XX quarter, Lifestyle. third Let's of earnings year-over-year. million begin up million with $XXX the
and in U.S., in America, volumes the performance Europe results benefited also Metro T-Mobile and carriers mobile, noted, from better in year-over-year launch Alan by including growth increased Asia/Pacific As North driven subscriber trade-in continued operating performance. July. of reflected from was strong which by
$XXX earnings operators. the connected for segment expansion mobile automotive, in particularly growth, were was suite million, Total a lesser XX%. living reflecting primarily saw by through To U.S. service across carriers, revenue growth organic for increase and OEMs extended the we of up million cable driven Global contracts. The our up or was $X offerings growth in extent, also
Auto sales, prior to channels. year, revenue difficulty] and relative reflected PPA international last X% strong both [technical a period quarter dealer
should we expect original for new accelerate expenses mainly clients in line earnings As the in lifestyle lower modestly the to support for in growth, start with in mobile compared This expectations. second we’ve strong our of the XXXX half, quarter, investments highlighted, up previously initial our and program fourth in particularly to half first reflecting to result pipeline. but
to full-year ahead grow moderate will we from TWG XXXX, higher base Looking benefited will a up expansion which contributions. as in a earnings much XXXX,
to XXXX. be still expect earnings annual at rate 'XX linear, not over may average growth we growth While XX% increase of period an to the
operating Global lower the to the million XXXX. $XX million Housing. of Moving totaled due $XX was $XX catastrophes. in compared for quarter million third Net to primarily reportable to income of The increase quarter
lender rates a non-cat million. Excluding loss reportable placed, declined as $X in ratio. well favorable force and This in cats, placement by lower driven decline for less income reflected year-over-year as earnings policies
we to account year. our the In claims of continue for our from improved from trends to experience and loss commercial quarter, Losses the reserves we recent will closely. products small first this monitor strengthened half
to premiums declined, mortgage the of in fees net reflecting Global Housing Turning August revenue, earned sale and XXXX. solutions
declines and by property in lender-placed. mortgage revenue multifamily businesses, partially solutions, our offset housing Excluding by specialty grew modestly driven
sequentially, Looking at lender-placed placement basis in portfolio with remained anticipated greater rate unchanged the declined X changes. detail, consistent and year-over-year the points
ahead, next quarter. block tracked account the starting $XX business to revenue is few clients expected quarters. This in $XXX,XXX one Looking to of represents expect to approximately we the insolvency, loan by of transition of decline approximately over due million the fourth annualized our and our
net for down Global Lender-placed overall, compared higher due losses small higher XXXX we operating and be expect non-cat For referenced continue in this cat cost incurred down flat, into will reduction elevated be to to earnings losses once cat year. losses commercial income to excluding take the account the earlier. modestly, excluding XXXX reinsurance rather the than we likely slightly to Housing loans
housing sustained growth and multifamily partially management to We the mitigate expense declines. in expect
third to of immaterial our calculation Preneed. quarter. operating segment decrease income, The $X $X costs The reported in in acquisition million year-over-year to error to Global net million million in a let's but the decrease. chart an deferred period, a XX-year was move was the The Now aggregated over $XX driven by period. any
increased earnings Excluding higher both by from the partnerships the -- up real joint venture prior period, earnings assets. from estate modestly were were $XX up charge, driven income and million,
Preneed's adjustment. Global strong including continued Final Revenue now accounting the in our in expect up We driven to to U.S Preneed by Need one-time growth was sales of decline due product. X%, the earnings
in the trended expectations Excluding with the year. have adjustment, line our results original would for
$XX to Asistencia. due the $X by was up At corporate, tax million period. in primarily result year net loss rate the was net million, in net compared lower driven loss the loss was quarter. to This of a The the investment prior Iké operating
full to approximate we million. For levels XXXX, XXXX year the still or expect roughly $XX
of the option strategic quarter, of announced charges ownership the Iké. intent on began In value to reflecting As net to value The we process to May, explore for call sell a estimated million and losses. based the a options income, charge put cumulative the the we in XX% interest, foreign-currency asset. recorded we our our $XXX current our
process a the will as no conclude there guarantees be that is sale. However, we ultimately ongoing, can
September about Dividends operating above holding million. minimum $XXX liquidity, million. Turning company to totaled the we current the or quarter our million $XXX of $XXX from million target our $XXX level segments in with ended
included and interest mainly million addition in payment million and $XX flood a to and expenses, share corporate common contingent our to preferred for quarterly million a $XX of block dividends repurchases, policies in outflows XXXX. in acquired related the $XX In
lower had rate. to we cash refinancing the at In million $XX of debt from also a expenses outflows interest quarter, related
$XX notes an are maturity basis, able overall to the approximately senior secure tax coupon, interest we our after were new XX-year while costs to on and borrowings. our We lengthening pleased, attractive annualized of million lowering
return segments XXXX, from businesses capital We operating year. the our full-year as brought net earnings and up the operating holding For the nine our shareholders provide dividends operating XX% market invest Overall, to segment nearly of dividend dividends months we -- to conditions. first earnings. approximate should the segment these to flexibility company of in expect through to
In and our We delivering financial a service summary, XXXX in demonstrated beyond. quarter. for and XXXX for foundation the to remain focused stronger commitments profitable on we’ve strong performance meeting growth
that, And with for operator, the call questions. please open
