Bank of New York Mellon Corp Boosts Stake in Assurant Inc

Bank of New York Mellon Corp has increased its stake in Assurant Inc by 23.68% to 5,010,373 shares, representing 9.90% of its holdings. This move highlights the firm's confidence in Assurant's potential for future growth and value creation. Assurant's diverse operations and robust financial performance, with a 3-year revenue growth rate of 10.10% and an earnings growth rate of 18.90%, contribute to its growth potential.