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Reinsurance

Assured Guaranty UK Ltd in deal with ports owner in Britain

Company issues five-year debt service reserve guarantees for the benefit of ABP Acquisitions UK Ltd and ABP Finance Plc of the Associated British Ports Group

Company issues five-year debt service reserve guarantees for the benefit of ABP Acquisitions UK Ltd and ABP Finance Plc of the Associated British Ports Group

• Nov 27, 2024 5:47 PM

Reinsurance

Assured Guaranty reports Q3 net income of $171m

Third quarter capital returned to shareholders was $147 million including share repurchases of $131 million

Third quarter capital returned to shareholders was $147 million including share repurchases of $131 million

• Nov 13, 2024 3:47 PM

Reinsurance

Bermuda’s Assured Guaranty reports Q2 net income of $78m

Gross written premiums in the quarter were $132 million, which compares with $95 million in the second quarter of 2023

Gross written premiums in the quarter were $132 million, which compares with $95 million in the second quarter of 2023

• Aug 19, 2024 3:34 PM

Reinsurance

AM Best affirms ratings of Assured Guaranty subsidiary

The agency said the ratings take into consideration the benefits and support AGRO receives from the AGL group of companies

The agency said the ratings take into consideration the benefits and support AGRO receives from the AGL group of companies

• Jul 19, 2024 6:15 PM

International Business

Moody’s upgrades Assured Guaranty rating

Dominic Frederico, president and CEO, says the company continues to offer a uniquely beneficial value proposition to both issuers and fixed income investors

Dominic Frederico, president and CEO, says the company continues to offer a uniquely beneficial value proposition to both issuers and fixed income investors

• May 05, 2024 12:00 PM

Reinsurance

Assured subsidiaries make senior appointments

Marc Livolsi, managing director, will assume leadership of Assured Guaranty’s US Public Finance new issue marketing and business development

Marc Livolsi, managing director, will assume leadership of Assured Guaranty’s US Public Finance new issue marketing and business development

• Mar 19, 2024 12:59 PM

Reinsurance

British water crisis could impact Bermuda insurer

Assured Guaranty has more than $10 billion of exposure to some of the more troubled UK water utilities, and could end up paying lenders in the case of defaults

Assured Guaranty has more than $10 billion of exposure to some of the more troubled UK water utilities, and could end up paying lenders in the case of defaults

• Jul 13, 2023 8:00 AM

Reinsurance

Assured Guaranty creates fifth largest asset management business

Assured Guaranty Ltd has entered into a wide-ranging agreement with US-headquartered Sound Point Capital Management LP

Assured Guaranty Ltd has entered into a wide-ranging agreement with US-headquartered Sound Point Capital Management LP

• Apr 10, 2023 7:57 AM

Reinsurance

Assured Guaranty profit drops to $124m for full year

Assured Guaranty Ltd has reported a drop in profits for the full year and fourth quarter of 2022

Assured Guaranty Ltd has reported a drop in profits for the full year and fourth quarter of 2022

• Mar 02, 2023 7:52 AM

Reinsurance

Assured Guaranty moves on from Puerto Rico infrastructure exposure

Two bond insurance subsidiaries of Assured Guaranty Ltd have resolved their exposure to bonds, as the Puerto Rico Highways and Transportation Authority exited f...

Two bond insurance subsidiaries of Assured Guaranty Ltd have...

• Dec 12, 2022 7:50 AM

Reinsurance

AG subsidiary backs Yorkshire Water

A subsidiary of Bermudian-based holding company Assured Guaranty Ltd has issued a £170-million, five-year debt service reserve guarantee to benefit Yorkshire Wa...

A subsidiary of Bermudian-based holding company Assured Guar...

• Mar 29, 2022 7:42 AM

Reinsurance

Moody’s upgrades Assured Guaranty

Moody's Investors Service has upgraded the insurance financial strength (IFS) ratings of Assured Guaranty and its subsidiaries. The upgrade reflects their impr...

Moody's Investors Service has upgraded the insurance financi...

• Mar 20, 2022 7:02 PM

Reinsurance

Assured Guaranty posts strong Q4 and full year results

Bermudian-based holding company Assured Guaranty Ltd has reported net income of $389 million in fiscal year 2021. That includes a $175 million pre-tax ($138 mil...

Bermudian-based holding company Assured Guaranty Ltd has rep...

• Feb 28, 2022 7:56 AM

Reinsurance

Assured Guaranty grows shareholders’ equity

Assured Guaranty Ltd. has reported net income of $98 million, or $1.29 per share for the second quarter to June 30, 2021. And shareholders’ equity climbed to th...

Assured Guaranty Ltd. has reported net income of $98 million...

• Aug 05, 2021 6:45 PM

Reinsurance

Assured reports profit despite $13m write-off

Bermudian-based holding company Assured Guaranty Ltd has reported net income of $11 million, or 14 cents per share, for the first quarter of 2021. The bond insu...

Bermudian-based holding company Assured Guaranty Ltd has rep...

• May 07, 2021 1:24 PM

Reinsurance

Assured Guaranty agrees Puerto Rico deal

Bermudian-based bond insurer Assured Guaranty played a key role in an bond restructuring agreement that could enable Puerto Rico’s power utility to stabilise it...

Bermudian-based bond insurer Assured Guaranty played a key r...

• May 06, 2019 8:00 AM

Reinsurance

Ratings of Assured Guaranty units affirmed

Kroll Bond Rating Agency has affirmed its insurance financial strength rating of AA+ for Assured Guaranty Municipal Corporation, and assigned its subsidiary Ass...

Kroll Bond Rating Agency has affirmed its insurance financia...

• Jan 08, 2019 7:00 AM

Reinsurance

Assured Guaranty: Einhorn doesn’t get it

Bermudian-based bond insurer Assured Guaranty has hit back after American hedge-fund manager David Einhorn said he was shorting the stock. Mr Einhorn described ...

Bermudian-based bond insurer Assured Guaranty has hit back a...

• Apr 26, 2018 8:00 AM

Reinsurance

Assured Guaranty reinsures Syncora business

Bermudian bond insurer Assured Guaranty has struck a $13.5 billion reinsurance deal with Syncora Guarantee, a US subsidiary of another Bermudian company, Syncor...

Bermudian bond insurer Assured Guaranty has struck a $13.5 b...

• Feb 06, 2018 12:00 AM