AG Fact Sheet
Assured Guaranty Increases Financial Stability
- Over $10 billion in claims-paying resources across the insurance subsidiaries of Assured Guaranty Ltd. (together with its subsidiaries, “Assured Guaranty”).1
- Nearly four decades of experience.
- The only longstanding municipal bond insurer to continue to write new business throughout the 2008 financial crisis and Great Recession.
- Insurance in force on approximately 6,000 municipal credits through its New York-based operating subsidiary Assured Guaranty Inc. (AG).
Assured Guaranty Protects Investors in Distress Situations
- Unconditionally and irrevocably guarantees timely payment of principal and interest when due.
- Proven record of paying investors’ claims as contractually obligated. Investors in Assured Guaranty-wrapped obligations of Harrisburg, Pennsylvania; Jefferson County, Alabama; Stockton, California; Detroit, Michigan; and Puerto Rico have all received timely debt service payments, despite issuer defaults and even a trustee's refusal to draw on insurance policies.
Assured Guaranty Manages Risk
- Insures only transactions that meet its disciplined underwriting criteria.
- Provides continuous surveillance of every credit in its insured portfolio, works with issuers to address financial problems before they become serious and takes remedial action when appropriate.
Assured Guaranty Provides Enhanced Market Liquidity for Investors’ Bonds
- Assured Guaranty-insured bonds have historically tended to demonstrate greater price stability than comparable uninsured bonds of the same issuer when that issuer was under financial stress.
- AG’s financial strength is rated AA+ by Kroll Bond Rating Agency (KBRA), AA by S&P Global Ratings (S&P) and A1 by Moody’s Investors Service (Moody’s). All the ratings have Stable Outlooks.
Assured Guaranty Provides Transparency
- AG is a subsidiary of a public company that is subject to SEC and New York Stock Exchange regulation and therefore held to higher legal standards of disclosure, oversight and transparency than non-public companies.
1As of September 12, 2024. Aggregate data for insurance subsidiaries within the Assured Guaranty Ltd. (AGL) (NYSE: AGO) group. Details in the latest AGL Financial Supplement at assuredguaranty.com/agldata.
© Assured Guaranty Ltd. 2024. Published September 12, 2024. Data as of June 30, 2024. The information in this fact sheet should be read in conjunction with the Securities and Exchange Commission (SEC) filings of Assured Guaranty Ltd., including the risk factors set forth therein, all of which speak only as of the dates indicated therein. Any forward-looking statements made in this fact sheet reflect Assured Guaranty’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. Additionally, insured securities in the future may not experience the enhanced liquidity and price stability sometimes observed in the past. For example, Assured Guaranty’s financial strength and ratings, and its financial performance and condition, could deteriorate and it may be unable to execute its business model and strategies. The materials in this fact sheet do not constitute advice with respect to any municipal financial products, or the issuance of any municipal securities. You should not rely on such material to make any decision with respect to these topics. Neither we nor any of our affiliates is acting as an advisor in connection with any municipal financial product or any offering of municipal securities. We encourage you to consult your own financial and legal advisors and to make your own independent investigation regarding any municipal financial product. Municipal financial product includes any municipal derivative, guaranteed investment contract, plan or program for the investment of the proceeds of municipal securities, or the recommendation and brokerage of municipal escrow investments.