Assured Guaranty

Assured Guaranty Ltd. is a holding company, which engages in the provision of credit protection products to the U.S. and international public finance, and structured finance markets through its subsidiaries. It operates through the following segments: Insurance and Asset Management. The Insurance segment includes the company's domestic and foreign insurance subsidiaries and their wholly-owned subsidiaries that provide credit protection products to the U.S. and international public and structured finance markets. The Asset Management segment consists of the company's Assured Investment Management subsidiaries, which provide asset management services to outside investors as well as to the company's Insurance segment. The company was founded in August 2003 and is headquartered in Hamilton, Bermuda.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Assured Guaranty achieves record-high book value and strong new business

Assured Guaranty reported robust financial performance in Q3 2024, with record-high book value per share and strong new business production. Despite facing challenges such as unresolved exposure issues, the company remains focused on capital management and enhancing shareholder value through share repurchases. Opportunities for growth lie in expanding insurance offerings for AA-rated credits and leveraging its market presence.

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Assured Guaranty Ltd (NYSE:AGO ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Robert Tucker - Investor Relations Dominic Frederico - Deputy Chairman, President & CEO Robert Bailenson - Chief Operating Officer Benjamin Rosenblum - Chief Financial Officer Conference Call Participants Marissa Lobo – UBS Jordan Hymowiz - Philadelphia Financial Geoffrey Dunn - Dowling Partners Tommy McJoynt - KBW Giuliano Bologna - Compass Point Operator Good morning, and welcome to the Assured Guaranty Limited Third Quarter 2024 Earnings Conference Call. My name is Ezra, and I will be the operator for today's call.

Assured Guaranty Ltd (AGO) Q3 2024 Earnings Call Transcript

Assured Guaranty (AGO) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $3.42 per share a year ago.

Assured Guaranty (AGO) Q3 Earnings and Revenues Beat Estimates

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL and, together with its subsidiaries, Assured Guaranty or the Company) announced today its financial results for the three-month period ended September 30, 2024 (third quarter 2024). “Assured Guaranty has continued to build both shareholder and policyholder value this year,” said Dominic Frederico, President and CEO. “Shareholders' equity per share on September 30, 2024 was a record $111.09. Adjusted book value per share.

Assured Guaranty Ltd. Reports Results for Third Quarter 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) today declared a quarterly dividend of $0.31 per common share. The dividend is payable on December 6, 2024 to shareholders of record at the close of business on November 22, 2024. Assured Guaranty Ltd. is a publicly traded (NYSE: AGO), Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and non-U.S. public finance, infrastructure and structured finance mark.

Assured Guaranty Ltd. Declares Quarterly Dividend of $0.31 per Common Share

NEW YORK--(BUSINESS WIRE)--Assured Guaranty (AG)* has insured $920 million of senior Special Facilities Revenue Bonds issued by the New York Transportation Development Corporation in connection with the JFK Airport Terminal 6 Redevelopment Project. The insured bonds were issued on November 5 as part of an upsized $1.95 billion offering and included $820 million of Series 2024A (Green Bonds) (AMT) fixed rate, current interest bonds with a maturity in 2054 and approximately $100 million of Series.

Assured Guaranty Insures $920 Million of Bonds as Part of $1.95 Billion JFK Airport Terminal 6 Redevelopment Project

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (the Company) today announced that it will issue its financial results press release for the third quarter ended September 30, 2024 after 4:00 p.m. Eastern Time (5:00 p.m. Atlantic Time) on Monday, November 11, 2024. The press release and Assured Guaranty Ltd.'s Financial Supplement for September 30, 2024 will be available in the Investor Information section of the Company's website located at AssuredGuaranty.com. The Company.

Assured Guaranty Ltd. to Report Third Quarter 2024 Financial Results on November 11, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced that Kroll Bond Rating Agency, LLC (KBRA) has affirmed the AA+ insurance financial strength ratings of Assured Guaranty Inc. (AG) and AG's U.K. and European subsidiaries, Assured Guaranty UK Limited (AGUK) and Assured Guaranty (Europe) SA (AGE). All the ratings have Stable Outlooks. In its October surveillance report affirming the AA+ ratings of AG and its U.K. and E.

KBRA Affirms Assured Guaranty AA+ Insurance Financial Strength Ratings with Stable Outlook

Assured Guaranty common stock offers a significant discount to intrinsic value, providing attractive returns for investors. AGO's management has effectively utilized share buybacks, maintaining profitability and capital strength despite economic challenges. AGO's strong Q2 results, low exposure to below investment grade assets, and potential for future growth make it an appealing investment opportunity.

Assured Guaranty's Accretive Buybacks Continue To Grow Intrinsic Value

Assured Guaranty Ltd (NYSE:AGO ) Q2 2024 Results Conference Call August 8, 2024 8:00 AM ET Company Participants Robert Tucker - Investor Relations Dominic Frederico - Deputy Chairman, President & CEO Rob Bailenson - Chief Operating Officer Ben Rosenblum - Chief Financial Officer Conference Call Participants Tommy McJoynt - KBW Giuliano Bologna - Compass Point Geoffrey Dunn - Dowling Partners Operator Good morning, everyone, and welcome to the Assured Guaranty Limited Second Quarter 2024 Earnings Conference Call. My name is Rune, and I'll be operating your call today.

Assured Guaranty Ltd (AGO) Q2 2024 Earnings Call Transcript

Assured Guaranty (AGO) came out with quarterly earnings of $1.44 per share, missing the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $0.60 per share a year ago.

Assured Guaranty (AGO) Q2 Earnings Lag Estimates

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL and, together with its subsidiaries, Assured Guaranty or the Company) announced today its financial results for the three-month period ended June 30, 2024 (second quarter 2024). “We have laid the foundation for an exceptional year in new business production. In the second quarter alone, our U.S. and international public finance and structured finance GWP totaled $132 million, and PVP totaled $155 million. These results w.

Assured Guaranty Ltd. Reports Results for Second Quarter 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) today declared a quarterly dividend of $0.31 per common share. The dividend is payable on September 4, 2024 to shareholders of record at the close of business on August 21, 2024. Assured Guaranty Ltd. is a publicly traded (NYSE: AGO), Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and non-U.S. public finance, infrastructure and structured finance market.

Assured Guaranty Ltd. Declares Quarterly Dividend of $0.31 Per Common Share

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL, together with its subsidiaries, Assured Guaranty) announced today that S&P Global Ratings (S&P), Kroll Bond Rating Agency (KBRA) and Moody's Ratings (Moody's) have indicated that they see no change to Assured Guaranty's financial strength as a result of the August 1, 2024 merger of Assured Guaranty Municipal Corp. (AGM) into Assured Guaranty Inc. (AG). S&P S&P, which assigns a AA (stable) financial stren.

S&P, KBRA and Moody's Announce Assured Guaranty's Financial Strength Is Unchanged Following Merger of Principal Subsidiaries; Assured Guaranty Municipal Bonds Now Carry Assured Guaranty Inc.'s Ratings

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (together with its subsidiaries, Assured Guaranty) announced today that Assured Guaranty Municipal Corp. (AGM) completed its merger with and into Assured Guaranty Inc. (AG), with AG as the surviving company. The planned merger was announced on July 8, 2024 and is effective as of August 1, 2024. As of today, all obligations of AGM are now obligations of AG, and Assured Guaranty UK Limited and Assured Guaranty (Europe) SA are n.

Assured Guaranty Completes Merger of Assured Guaranty Municipal Corp. into Assured Guaranty Inc.

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE:AGO) (the Company) today announced that it will issue its financial results press release for the second quarter ended June 30, 2024 after 4:00 p.m. Eastern Time (5:00 p.m. Atlantic Time) on Wednesday, August 7, 2024. The press release and Assured Guaranty Ltd.'s Financial Supplement for June 30, 2024 will be available in the Investor Information section of the Company's website located at AssuredGuaranty.com. The Company will host.

Assured Guaranty Ltd. to Report Second Quarter 2024 Financial Results on August 7, 2024

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (AGL, together with its subsidiaries, Assured Guaranty) announced today that S&P Global Ratings (S&P), Kroll Bond Rating Agency (KBRA) and Moody's Ratings (Moody's) have indicated that they see no change to Assured Guaranty's financial strength as a result of the expected merger of Assured Guaranty Municipal Corp. (AGM) into Assured Guaranty Inc. (AG). KBRA KBRA issued a press release on July 8 that said, “upon the ex.

S&P, KBRA and Moody's Announce Assured Guaranty's Financial Strength Is Unchanged Following Upcoming Merger of Principal Subsidiaries

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA comments that, upon the expected August 1, 2024 closing of the recently announced merger of Assured Guaranty Municipal Corp. ("AGM") into Assured Guaranty Inc. ("AG"), the Insurance Financial Strength Ratings (IFSR) for AG (AA+ / Stable), Assured Guaranty UK Limited (“AGUK”) (AA+ / Stable), and Assured Guaranty (Europe) SA (“AGE”) (AA+ / Stable) as well as the Issuer (A+ / Stable) and all outstanding Debt Ratings for Assured Guaranty US Holdings Inc., will remain.

KBRA Comments on Upcoming Merger of Assured Guaranty Municipal Corp. into Assured Guaranty Inc.

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (together with its subsidiaries, Assured Guaranty) announced today that Assured Guaranty Municipal Corp. (AGM) will merge into Assured Guaranty Inc. (AG), which was named Assured Guaranty Corp. until May 24, 2024. The effective date of the merger is expected to be August 1, 2024. “We see this merger as beneficial for all our stakeholders,” said Dominic Frederico, President and CEO. “It will result in more efficient utilizatio.

Assured Guaranty to Combine Its Two U.S. Financial Guaranty Insurers; Assured Guaranty Municipal Corp. to Merge into Assured Guaranty Inc.

NEW YORK--(BUSINESS WIRE)--Assured Guaranty Municipal Corp. (AGM)* has, for the second time, insured $800 million of senior Special Facilities Revenue Bonds issued by the New York Transportation Development Corporation on behalf of JFK New Terminal One (JFK NTO), a consortium comprising Ferrovial Airports, JLC Infrastructure, Ullico Infrastructure Fund and Carlyle Group. Following a successful, similar December 2023 bond issuance, the insured bonds were issued on June 27 as part of a $2.55 bill.

Assured Guaranty Municipal Insures Another $800 Million for JFK International Airport's New Terminal One Project

Here is how Assured Guaranty (AGO) and Bank of America (BAC) have performed compared to their sector so far this year.

Are Finance Stocks Lagging Assured Guaranty (AGO) This Year?

Assured Guaranty, the leading bond insurance company in the US, trades at a discount to intrinsic value despite a strong stock rally. The company has successfully navigated the Puerto Rico debt restructuring and remains in a strong financial position. Higher interest rates and increased bond insurance opportunities have boosted earnings, and the management team is expected to create more value for shareholders.

Assured Guaranty Continues To Increase Intrinsic Value With Accretive Buybacks

HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (NYSE: AGO) (together with its subsidiaries, Assured Guaranty) announced today that S&P Global Ratings (S&P) has affirmed the AA financial strength rating, financial enhancement rating, and issuer credit ratings on Assured Guaranty and its operating insurance subsidiaries. The outlooks remain stable. In its May 28, 2024 research update report, S&P noted Assured Guaranty's: “excellent capital adequacy and a very strong competi.

S&P Affirms Assured Guaranty's AA Financial Strength Ratings with Stable Outlook

The average of price targets set by Wall Street analysts indicates a potential upside of 25.3% in Assured Guaranty (AGO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Assured Guaranty (AGO) Could Surge 25.27%: Read This Before Placing a Bet

NEW YORK--(BUSINESS WIRE)--Assured Guaranty Municipal Corp. (AGM)* insured $1.134 billion of senior revenue bonds, Brightline Trains Florida LLC Issue, Series 2024 (Tax-Exempt), issued by the Florida Development Finance Corporation on May 9. The bonds insured by AGM are part of a $2.219 billion issue of fixed-rate revenue bonds that priced on April 25. By insuring a majority of the senior bonds, Assured Guaranty's participation helped drive a highly successful execution by Morgan Stanley in pla.

Assured Guaranty Municipal Insures $1.134 Billion of Bonds for the Brightline Florida Passenger Rail Project

Assured Guaranty Ltd. (NYSE:AGO ) Q1 2024 Results Conference Call May 8, 2024 8:00 AM ET Company Participants Robert Tucker - Senior Managing Director-Investor Relations and Corporate Communications Dominic Frederico - President and Chief Executive Officer Rob Bailenson - Chief Operating Officer Ben Rosenblum - Chief Financial Officer Conference Call Participants Tommy McJoynt - KBW Operator Good morning, and welcome to the Assured Guaranty Limited First Quarter 2024 Earnings Conference Call.

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