Reinsurance News
Assured Guaranty
Assured Guaranty expands into annuity reinsurance through Warwick Re acquisition
22nd January 2026
Assured Guaranty Ltd. (AGL), an insurance holding company, together with its subsidiaries operating under the Assured Guaranty name, announced that it has entered the annuity reinsurance market with the acquisition of Warwick Re Limited (Warwick Re), a Bermuda-domiciled life and annuity reinsurer, following the transaction, the company has rebranded the ... Read the full article
Assured Guaranty enters European fibre market with €75m debt guarantee for XpFibre Groupe
7th May 2025
Assured Guaranty (Europe) SA (AGE), a subsidiary of Assured Guaranty Ltd., has guaranteed the principal and interest on €75 million in notes issued by XpFibre Groupe on 30 April 2025. The proceeds from the issuance are being used to refinance existing debt. This marks AGE’s first involvement in the European fibre ... Read the full article
Assured Guaranty adds Tony Ursano to its Board
6th May 2025
Tony Ursano, founder and managing partner of Insurance Advisory Partners, LLC, has been elected to Assured Guaranty’s Board of Directors on May 2nd, 2025, where he will serve on the Environmental and Social Responsibility, Finance and Risk Oversight committees. The addition of Ursano takes the number of Assured Guaranty Board members ... Read the full article
Assured Guaranty posts net income increase in Q3’24
13th November 2024
Assured Guaranty Ltd. (AGL) has released its financial results for the third quarter of 2024, which includes a net income of $171 million in comparison to $157 million from the third quarter of 2023. At the same time, the firm posted an adjusted operating income of $130 million for Q3 2024, ... Read the full article
Assured Guaranty Municipal Corp. merges into Assured Guaranty
9th August 2024
Assured Guaranty Inc. (AG), a company that offers financial guarantees and credit enhancement products, has completed the merger of Assured Guaranty Municipal Corp. (AGM), with AG as the surviving company. The merger was initially announced on July 8, 2024, and was effective as of August 1, 2024. With the completion of ... Read the full article
Assured Guaranty to merge US financial guaranty insurers
10th July 2024
Assured Guaranty Municipal Corp. (AGM), an Assured Guaranty Ltd. subsidiary that provides financial guarantees for municipal bonds, will merge with Assured Guaranty Inc. (AG), a company that offers financial guarantees and credit enhancement products, anticipated to take effect on August 1, 2024. The merger of AGM and AG into a single ... Read the full article
Assured Guaranty subsidiary insures $800m bond issuance for JFK Intl. New Terminal One
28th June 2024
Assured Guaranty Municipal Corp, (AGM) a subsidiary of Bermudian-based Assured Guaranty Ltd., has for the second time, insured $800 million of senior Special Facilities Revenue Bonds issued by the New York Transportation Development Corporation on behalf of JFK New Terminal One, a consortium comprising Ferrovial Airports, JLC Infrastructure, Ullico Infrastructure ... Read the full article
Assured Guaranty starts the year strong with 35% y-o-y net income increase
10th May 2024
Assured Guaranty has announced its financial results for the first quarter of 2024, reporting an increased net income of $109 million compared to the $81 million reported in the same period the year prior. Adjusted operating income was also up, to $113 million for Q1 2024, compared to $68 million Q1 ... Read the full article
Moody’s upgrades Assured Guaranty’s IFS with stable outlook
9th May 2024
Moody’s Ratings (Moody’s) has upgraded Assured Guaranty Corp.’s (AGC) insurance financial strength (IFS) rating to A1 from A2, and assigned an stable outlook for the firm and its subsidiaries. According to the announcement, the upgrade of AGC’s IFS rating reflects the company’s strong risk-adjusted capital adequacy, the significant improvement in the ... Read the full article
Assured Guaranty sees net income increase in Q4 2023
28th February 2024
Assured Guaranty, a financial guaranty insurer, has announced its financial results for the fourth quarter of 2023 reporting an increased net income of $376 million compared to the $94 million reported in the same period the year prior. According to the firm, this increase was primarily due to a $189 million ... Read the full article
Mark Batten joins Assured Guaranty’s Board as non-exec director
21st February 2024
Bermuda-based holding company, Assured Guaranty has named Mark C. Batten non-executive director to its Board of Directors, appointed to serve on the Board’s Audit, Risk Oversight and Finance Committees, effective February 19, 2024. The executive’s addition brings the total number of Assured Guaranty’s Board members to 12. In addition to his ... Read the full article
AGE secures €93.7m loan guarantee for Metro de Madrid’s train fleet expansion
11th January 2024
Assured Guaranty (Europe) SA (AGE), an indirect subsidiary of Assured Guaranty Ltd., has announced the successful guarantee of a €93.7 million loan to Metro de Madrid, S.A. The 20-year, floating-rate loan, provided by Bankinter, S.A., will facilitate the acquisition of 40 new narrow gauge and 40 new wide gauge trains for ... Read the full article
Assured Guaranty insures $800mn bonds for JFK International Airport’s Terminal 1
8th December 2023
Assured Guaranty Municipal Corp., a subsidiary of financial guaranty insurer Assured Guaranty Ltd., has insured $800mn of bonds for the JFK International Airport’s New Terminal One project. The bonds insured by AGM are part of a $2 billion issue of fixed-rate bonds that has been designated as Green Bonds. They have been ... Read the full article
Bailenson to become COO of Assured Guaranty, Rosenblum to succeed him as CFO
10th November 2023
Assured Guaranty Ltd. has announced that, as of January 1, 2024, Chief Financial Officer Robert A. Bailenson will become Chief Operating Officer, while Chief Actuary Benjamin G. Rosenblum will succeed him as Chief Financial Officer. In his new role as COO, Bailenson will hold responsibility for various strategic initiatives as Assured ... Read the full article
Assured Guaranty transfers equity interest in Assured Healthcare Partners to Founder Jim Pieri
1st August 2023
Assured Guaranty Ltd. has successfully transferred the ownership of its entire equity interest in Assured Healthcare Partners LLC (AHP) to an entity owned and controlled by its Founder, Jim Pieri. This development comes after Pieri served as the Managing Partner and Chief Investment Officer of AHP since its inception as an ... Read the full article
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