EXHIBIT 12.1
ASSURANT, INC.
COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES
(in millions of U.S. dollars except for ratio amounts)
| 2006 | 2007 | 2008 | 2009 | 2010 | March 31, 2011 |
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| Income before income taxes |
$ | 1,095.7 | $ | 1,011.0 | $ | 563.3 | $ | 709.6 | $ | 606.4 | $ | 214.6 | ||||||||||||
| Fixed charges |
74.6 | 73.9 | 73.1 | 74.6 | 73.8 | 17.8 | ||||||||||||||||||
| Income as adjusted |
$ | 1,170.3 | $ | 1,084.9 | $ | 636.4 | $ | 784.2 | $ | 680.2 | $ | 232.4 | ||||||||||||
| Fixed charges: |
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| Interest expense, including discount amortization and preferred stock dividends (1) |
$ | 61.2 | $ | 61.2 | $ | 61.0 | $ | 60.7 | $ | 60.6 | $ | 15.1 | ||||||||||||
| Portion of rents representative of an appropriate interest factor |
13.4 | 12.7 | 12.1 | 13.9 | 13.2 | 2.7 | ||||||||||||||||||
| Total fixed charges |
$ | 74.6 | $ | 73.9 | $ | 73.1 | $ | 74.6 | $ | 73.8 | $ | 17.8 | ||||||||||||
| Ratio of consolidated earnings to fixed charges |
15.69 | 14.68 | 8.71 | 10.51 | 9.22 | 13.06 | ||||||||||||||||||
| (1) | Preferred stock issued is recorded as a liability, thus the corresponding dividend is recorded as interest expense |