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A subsidiary of Bermudian-based holding company Assured Guaranty Ltd has issued a £170-million, five-year debt service reserve guarantee to benefit Yorkshire Water Services Limited, a member of the Yorkshire Water group. The DSR guarantee provided by...

Moody's Investors Service has upgraded the insurance financial strength (IFS) ratings of Assured Guaranty and its subsidiaries. The upgrade reflects their improved credit profiles following the resolution of the group's exposure to the general oblig...

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 million after-tax) loss on debt extinguishment resulting from the voluntary early redemption ...

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 the highest ever reported at $87.74 per share. Second quarter capital returned to shareholde...

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 insurer said the result includes a $13 million after-tax write-off of an intangible asset attr...

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 its finances. Debt-saddled Prepa struck a deal with a group of creditors that seeks to allow...

Kroll Bond Rating Agency has affirmed its insurance financial strength rating of AA+ for Assured Guaranty Municipal Corporation, and assigned its subsidiary Assured Guaranty (Europe) a AA+ insurance financial strength rating, both with stable outlook...

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 Assured as “a melting ice cube that is paying out the drops while it still can” and said h...

Bermudian bond insurer Assured Guaranty has struck a $13.5 billion reinsurance deal with Syncora Guarantee, a US subsidiary of another Bermudian company, Syncora Holdings. Under the agreement, Assured will provide reinsurance, generally on a 100 per ...

Assured Guaranty is suing Puerto Rico’s federal oversight board over its decision to push the Caribbean island’s electric utility into bankruptcy. The Bermuda-based firm insures some of the bonds issued by Prepa, as the utility is known, and the bank...

Bond insurer Assured Guaranty Ltd’s operating units have had their AA rating affirmed by Standard & Poor’s — even though the credit ratings agency expects to see some losses from bonds issued by debt-saddled Puerto Rico. S&P Global Ratings cited the ...

NEW YORK (Reuters) — Bermudian-based bond insurer Assured Guaranty, which has more than $5 billion at stake in Puerto Rico’s debt crisis, has sued the US territory and its financial oversight board, objecting to a fiscal turnaround plan approved by t...