Hashtag: #Assured
Assured Guaranty Subsidiary In Ohio Deal
Assured Guaranty Corp. — a subsidiary of Bermuda’s Assured Guaranty Ltd. — announced today [Apr. 3]that it has reached an agreement on a forbearance and restructuring plan with Iowa’s Xenia Rural Water District. The plan provides for the full repayment of all claims made under the bond insurance policy for Xenia’s Water... Read more of this article
Assured Guaranty Reports Q2 Results
Bermuda-based Assured Guaranty Ltd. announced its financial results for the three-month period ended June 30, 2012. The Company reported operating income for second quarter 2012 of $114.0 million, or $0.61 per diluted share, bringing year-to-date operating income for the six-month period ended June 30, 2012 to $185.2 million, or $0.99 per diluted share.... Read more of this article
Assured Declares Quarterly Dividend Of $0.09
Bermuda-based Assured Guaranty Ltd. today declared a quarterly dividend of U.S. $0.09 per common share. The dividend is payable on August 29, 2012 to shareholders of record at the close of business on August 15, 2012. Assured Guaranty Ltd. will issue its financial results for the quarter ended June 30, 2012 after 5:00 p.m. Atlantic Time on Thursday,... Read more of this article
Assured Guaranty Responds To Moody’s Ratings
Moody’s Investors Service recently published two sets of reports on Assured Guaranty, parent company of Bermuda based subsidiary Assured Guaranty Re Ltd. In the first report, dated March 20, 2012, Moody’s placed the Insurance Financial Strength ratings of Assured Guaranty Municipal Corp. and Assured Guaranty Corp. on review for possible downgrade,... Read more of this article
US Judge Upholds Assured Guaranty Suit
A federal judge on Wednesday [Feb.29] denied a motion by Flagstar Bank to dismiss a lawsuit by a Bermuda firm alleging that Michigan’s biggest bank breached a series of contracts insuring nearly $1 billion in loans in securities backed by home equity loans. Assured Guaranty Municipal Corp., a subsidiary of Bermuda’s Assured Guaranty Ltd.,... Read more of this article
