Welcome to our dedicated page for Assured Guaranty news (Ticker: AGO), a resource for investors and traders seeking the latest updates and insights on Assured Guaranty stock.
Assured Guaranty Ltd. (AGO) specializes in municipal bond insurance and financial guaranty solutions that secure public infrastructure projects worldwide. This page serves as the definitive source for tracking the company's latest developments, strategic decisions, and market positioning within the credit protection sector.
Investors and municipal finance professionals will find curated updates on earnings announcements, leadership changes, and innovative risk management solutions. Our repository includes verified press releases detailing AGO's structured financings, asset management strategies, and participation in public-private partnerships.
Key content categories include quarterly financial disclosures, updates on collateralized obligations, and analyses of market trends affecting municipal bond insurance. All materials are vetted for relevance to stakeholders evaluating credit protection services and long-term financial stability.
Bookmark this page for streamlined access to AGO's official communications and third-party analyses. Regularly updated content ensures you maintain current awareness of developments impacting structured finance markets and public sector financing solutions.
On March 15, Assured Guaranty settled its exposure related to Puerto Rico's General Obligation bonds and other authorities it insured, eliminating $1.3 billion of net par, which was 39% of its non-paying Puerto Rico exposure as of year-end 2021. This is a crucial step towards resolving Puerto Rico's bankruptcy and restructuring $35 billion in debt under the Commonwealth Plan. Assured Guaranty expects to receive cash, new GO bonds, and contingent value instruments as part of the settlement.
Assured Guaranty Ltd. reported strong financial results for Q4 2021, posting a net income of $263 million ($3.74 per share) and a record shareholders’ equity per share of $93.19. The company achieved an adjusted operating income of $273 million ($3.88 per share) for the quarter and $470 million ($6.32 per share) for the full year 2021. Capital returned to shareholders reached $562 million in FY 2021, with significant share repurchases. The Insurance segment saw adjusted operating income of $722 million for FY 2021. However, the Asset Management segment continued to face challenges with an adjusted operating loss of $19 million for the year.
Assured Guaranty Ltd. (NYSE: AGO) has declared a quarterly dividend of
The dividend payment is scheduled for
Assured Guaranty Ltd. (NYSE:AGO) will release its financial results for the full year and fourth quarter ending December 31, 2021 on February 24, 2022, at 4:00 p.m. ET. The press release will be accessible on the company’s website. An investor conference call is scheduled for February 25, 2022, at 8:00 a.m. ET, with a replay available until May 25, 2022. Assured Guaranty offers credit enhancement products for public finance and asset management services internationally.
Holly Horn has been appointed as the new Chief Surveillance Officer of Assured Guaranty Ltd. (NYSE:AGO), effective January 1, 2022. Concurrently, Jorge Gana is now the Deputy Chief Risk Officer, and Chris Gibbons will head Information Technology. Russell Brewer II transitions to Senior Advisor to the CEO. Notably, Horn has played a vital role in negotiating Puerto Rico’s bankruptcy issues, while Gana focuses on environmental aspects of ESG efforts. These changes reflect strategic leadership transitions aimed at strengthening the company's risk management and surveillance capabilities.
Assured Guaranty Ltd. reported third-quarter 2021 net income of $17 million ($0.22 per share), impacted by a $175 million loss from debt extinguishment. Despite the loss, the company achieved record highs in adjusted operating income at $34 million ($0.45 per share) and shareholders’ equity at $88.42 per share. The insurance segment saw a significant increase in adjusted operating income of 164% year-over-year, reaching $214 million, driven by favorable loss developments. The firm returned $156 million to shareholders, including $140 million in share repurchases.
Assured Guaranty Ltd. (NYSE:AGO) declared a quarterly dividend of
Assured Guaranty Ltd. (NYSE: AGO) has received an upgrade from Kroll Bond Rating Agency (KBRA), raising the financial strength rating of its subsidiary Assured Guaranty Corp. (AGC) from AA to AA+. The upgrade, announced on October 20, reflects AGC's strong capital position and effective management practices. Additionally, ratings for Assured Guaranty Municipal Corp. and its U.K. and European subsidiaries were affirmed at AA+, with stable outlooks. The ratings reflect robust claims-paying resources and a high penetration in the municipal bond market.
Assured Guaranty Ltd. (NYSE: AGO) will release its financial results for Q3 2021 on November 4, 2021, at 4:00 p.m. ET. The financial supplement will be available online. An investor conference call is scheduled for November 5, 2021, at 8:00 a.m. ET, accessible via live and archived webcast on the company's website. A replay will be available until February 3, 2022. Assured Guaranty provides credit enhancement products in public finance and structured finance sectors.
Assured Guaranty Ltd. (NYSE: AGO) announced a $400 million issuance of 3.600% Senior Notes due 2051 on August 20, 2021. The funds will be utilized to redeem existing higher-coupon debt securities. On September 27, 2021, the company will redeem $400 million in outstanding notes, including $100 million of 5.60% Notes due July 15, 2103, $130 million of 6.25% Notes due November 1, 2102, and $170 million of 5.000% Senior Notes due July 1, 2024. The redemption prices will include accrued interest up to the redemption date.
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