February 01, 2015 2:33 AM ET

Insurance

Company Overview of Assured Guaranty Municipal Corp

Company Overview

Assured Guaranty Municipal Corp. provides financial guaranty insurance services in the United States and internationally. The company offers insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments, including scheduled interest and principal payments. It provides financial guaranty insurance for U.S. municipal bonds and international infrastructure financings, as well as for European insured transactions. The company also offers financial guarantees in the international public finance market. Assured Guaranty Municipal Corp. markets its credit protection products directly to issuers and underwriters of public finance securities, a...

31 West 52nd Street

New York, NY 10019

United States

Founded in 1985

Phone:

212-974-0100

Fax:

212-581-3268

Key Executives for Assured Guaranty Municipal Corp

Chief Executive Officer
Age: 61
Chief Financial Officer
Age: 48
Chief Operating Officer
Age: 64
President of Assured Guaranty Re Ltd.
Age: 43
Chief Surveillance Officer
Age: 57
Compensation as of Fiscal Year 2014.

Assured Guaranty Municipal Corp Key Developments

Assured Guaranty Municipal Corp. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Announces Impairment Loss for the Third Quarter Ended September 30, 2014

Assured Guaranty Municipal Corp. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total revenues of $191 million compared with $290 million a year ago. Income before income taxes was $224 million compared with $233 million a year ago. Net income attributable to the company was $148 million compared with $152 million a year ago. For the nine months, the company reported total revenues of $713 million compared with $877 million a year ago. Income before income taxes was $661 million compared with $780 million a year ago. Net income attributable to the company was $437 million compared with $526 million a year ago. Net cash flows provided by operating activities was $210 million compared with $260 million a year ago. For the quarter, the company announced net impairment loss of $20 million compared to $6 million a year ago.

Assured Guaranty Municipal Corp Presents at The Bond Buyer's National Outlook 2015 Conference, Jan-27-2015 09:45 AM

Assured Guaranty Municipal Corp Presents at The Bond Buyer's National Outlook 2015 Conference, Jan-27-2015 09:45 AM. Venue: Metropolitan Club, One East 60th Street, New York, NY 10022-1054, United States. Speakers: John J. Hallacy, Managing Director of Public Finance.

Assured Guaranty Municipal Corp Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Impairment Loss for the Second Quarter Ended June 30, 2014

Assured Guaranty Municipal Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $231 million compared to $363 million a year ago. Income before income taxes was $179 million compared to $322 million a year ago. Net income attributable to the company was $119 million compared to $219 million a year ago. For the six months, the company reported total revenues of $522 million compared to $587 million a year ago. Income before income taxes was $437 million compared to $547 million a year ago. Net income attributable to the company was $289 million compared to $374 million a year ago. Net cash flows provided by operating activities were $155 million compared to $271 million a year ago. For the second quarter ended June 30, 2014, the company reported net impairment loss of $11 million compared to $3 million a year ago.

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