** Brokerage Truist Securities raises price target on insurer Assurant AIZ.N post results

** Truist raises PT to $240 from $220 and also raises full-year 2024 EPS estimate to $15 from an earlier $13.45, citing an upside in Q3 and lower assumed losses from Hurricane Milton

** Analysts predicted hurricane Milton could result in losses of up to $100 billion for the global insurance industry

** Assurant reported a better-than-expected third-quarter profit earlier in the week, driven by growth in its global housing segment and higher investment returns

** The brokerage also raises AIZ's 2025 EPS forecast to $18.80 from $18.20, citing "sustained momentum" seen in global housing along with global lifestyle's expected growth

** Five of 8 brokerages rate the stock "buy" or higher, and 3 "hold"; their median PT is $230 - LSEG

** AIZ's stock has gained over 22% so far in 2024 vs a 21.2% rise in the benchmark S&P 500 index .SPX

(Reporting by Pritam Biswas in Bengaluru)

((Pritam.Biswas@thomsonreuters.com))