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MBI| Name | Value |
|---|---|
| Revenues | 27.0M |
| Cost of Revenue | -1.0M |
| Gross Profit | 28.0M |
| Operating Expense | -106.0M |
| Operating I/L | -78.0M |
| Other Income/Expense | -74.0M |
| Interest Income | 43.0M |
| Pretax | -78.0M |
| Income Tax Expense | -4.0M |
| Net Income/Loss | -75.0M |
MBIA Inc. provides financial guarantee insurance services to public finance markets, issuing financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of U.S. political subdivisions and territories, as well as insuring non-U.S. public finance and global structured finance. The company also offers third-party reinsurance services. Its services cover a wide range of entities and obligations, including utilities, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities, and privately issued bonds used for infrastructure projects such as toll roads, bridges, and public transportation facilities.
