Name | Value |
---|---|
Revenues | 305.0M |
Cost of Revenue | 167.0M |
Gross Profit | 138.0M |
Operating Expense | -189.0M |
Operating I/L | 144.0M |
Other Income/Expense | -45.0M |
Interest Income | 0.0M |
Pretax | 99.0M |
Income Tax Expense | 17.0M |
Net Income/Loss | 94.0M |
Assured Guaranty Ltd. provides credit protection products to public finance, infrastructure, and structured finance markets globally. The company operates in two segments, Insurance and Asset Management, offering financial guaranty insurance that protects holders of debt instruments from defaults in scheduled payments. It insures and reinsures various debt obligations, including bonds issued by state governmental authorities, notes for infrastructure projects, U.S. and non-U.S. public finance obligations, and structured finance securities. Additionally, it provides specialty insurance and reinsurance, including life and aircraft residual value insurance transactions, and asset management services such as investment advisory services and management of collateralized loan obligations.