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Assured Guaranty

Reinsurance

"Moodys downgrades Assured Guaranty"

NEW YORK (Bloomberg) - Bermuda-based bond insurer Assured Guaranty Ltd, the municipal-bond insurer whose biggest investor is Wilbur Ross, was downgraded by Moody’s Investors Service, which cited the industry’s “dramatic decline” since the subprime cr...
Jan 21, 2013
Reinsurance

"Assured Guaranty shares stabilise after Moody’s places on review "

Shares of Bermuda-based bond insurer Assured Guaranty Ltd stabilised on Friday after the announcement that its ratings would be reviewed by Moody’s sent its shares plunging more than 13 percent in midweek. Moody’s may cut the Aa3 rankings of Assured’...
Mar 26, 2012
Reinsurance

Assured Guaranty shares surge on S&P ratings action

NEW YORK (Bloomberg) Bermuda-based Assured Guaranty Ltd, the bond insurer cut two steps by Standard & Poor’ yesterday, jumped the most in more than seven months after the ratings firm kept its grades in the same tier and said its businesses maintaine...
Dec 02, 2011
Reinsurance

"Assured Guaranty in legal battles with Lehman and EMC"

Hundreds of millions of dollars are at stake as Bermuda-based bond insurer Assured Guaranty Ltd fights legal battles on two fronts. The UK unit of folded investment bank Lehman Brothers, which went bankrupt in September 2008, claims it’s owed more t...
Dec 01, 2011
Reinsurance

"Assured Guaranty net income tumbles 61%"

Bermuda-based bond insurer Assured Guaranty last night announced first-quarter net income of $125.4 million down 61 percent from the same period a year earlier. The decrease was mainly due to unrealised losses on credit derivatives, an item that does...
May 10, 2011
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