September 19, 2014 10:11 PM 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 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.

Assured Guaranty Municipal Corp Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Announces Impairment Loss for the First Quarter of 2014

Assured Guaranty Municipal Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company's total revenues were $291 million compared with $224 million a year ago. Income before income taxes was $258 million compared with $225 million a year ago. Net income was $178 million compared with $155 million a year ago. Net income attributable to the company was $170 million compared with $155 million a year ago. Net cash flows provided by operating activities was $25 million compared with $9 million a year ago. The company announced net impairment loss of $4 million for the first quarter ended March 31, 2014.

Assured Guaranty Municipal Corp Presents at The Bond Buyer's Municipal Distress, Recovery, & Financial Sustainability Symposium, May-01-2014 10:45 AM

Assured Guaranty Municipal Corp Presents at The Bond Buyer's Municipal Distress, Recovery, & Financial Sustainability Symposium, May-01-2014 10:45 AM. Venue: Hyatt Regency Baltimore, 300 Light Street, Baltimore, MD 21202, United States. Speakers: John J. Hallacy, Managing Director of Public Finance.

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