Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | |||||||||||||||||||||||
net earned premiums | 94,000,000 | 89,000,000 | 91,000,000 | 103,000,000 | 97,000,000 | 84,000,000 | 119,000,000 | 83,000,000 | 95,000,000 | 85,000,000 | 81,000,000 | 109,000,000 | 89,000,000 | 82,000,000 | 214,000,000 | 107,000,000 | 102,000,000 | 102,000,000 | 103,000,000 | 154,000,000 | 107,000,000 | 121,000,000 | 103,000,000 |
net investment income | 94,000,000 | 89,000,000 | 87,000,000 | 93,000,000 | 82,000,000 | 81,000,000 | 84,000,000 | 95,000,000 | 100,000,000 | 89,000,000 | 81,000,000 | 78,000,000 | 67,000,000 | 62,000,000 | 62,000,000 | 65,000,000 | 66,000,000 | 68,000,000 | 70,000,000 | 68,000,000 | 71,000,000 | 78,000,000 | 80,000,000 |
net realized investment gains | -10,000,000 | -6,000,000 | -16,000,000 | 7,000,000 | -6,000,000 | 8,000,000 | 6,000,000 | -9,000,000 | -9,000,000 | -2,000,000 | -17,000,000 | -14,000,000 | -28,000,000 | 3,000,000 | 11,000,000 | 3,000,000 | 4,000,000 | -3,000,000 | 6,000,000 | 13,000,000 | 4,000,000 | -5,000,000 | |
fair value gains on credit derivatives | 5,000,000 | 1,000,000 | 104,000,000 | 5,000,000 | 3,000,000 | 6,000,000 | 10,000,000 | -1,000,000 | 9,000,000 | 91,000,000 | 15,000,000 | 31,000,000 | -48,000,000 | 9,000,000 | -3,000,000 | -27,000,000 | 21,000,000 | ||||||
fair value gains on committed capital securities | 8,000,000 | -1,000,000 | 2,000,000 | 2,000,000 | -3,000,000 | 1,000,000 | -10,000,000 | -20,000,000 | 1,000,000 | -16,000,000 | 12,000,000 | 1,000,000 | 10,000,000 | 1,000,000 | -3,000,000 | -6,000,000 | -19,000,000 | -25,000,000 | 48,000,000 | ||||
fair value gains on financial guaranty variable interest entities | 3,000,000 | 2,000,000 | 1,000,000 | -7,000,000 | -1,000,000 | -3,000,000 | 10,000,000 | 6,000,000 | -3,000,000 | -5,000,000 | -5,000,000 | 11,000,000 | 10,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | -2,000,000 | 1,000,000 | -9,000,000 | |||
fair value gains on consolidated investment vehicles | 17,000,000 | 4,000,000 | 19,000,000 | 15,000,000 | 21,000,000 | 11,000,000 | 22,000,000 | 28,000,000 | -4,000,000 | 6,000,000 | 58,000,000 | -8,000,000 | 8,000,000 | 3,000,000 | 14,000,000 | 74,000,000 | 16,000,000 | 21,000,000 | 16,000,000 | 4,000,000 | 18,000,000 | 31,000,000 | -12,000,000 |
foreign exchange gains on remeasurement | -23,000,000 | 79,000,000 | 37,000,000 | -70,000,000 | 55,000,000 | -12,000,000 | 44,000,000 | -39,000,000 | 28,000,000 | 20,000,000 | 69,000,000 | -80,000,000 | -71,000,000 | -30,000,000 | -1,000,000 | -27,000,000 | 5,000,000 | 59,000,000 | 40,000,000 | 2,000,000 | -62,000,000 | ||
fair value gains on trading securities | 8,000,000 | 2,000,000 | 1,000,000 | 9,000,000 | 17,000,000 | 26,000,000 | 32,000,000 | 4,000,000 | 40,000,000 | -2,000,000 | -4,000,000 | -8,000,000 | -18,000,000 | ||||||||||
other income | 11,000,000 | 22,000,000 | 19,000,000 | 1,000,000 | 12,000,000 | 9,000,000 | 1,000,000 | 23,000,000 | 6,000,000 | 5,000,000 | 27,000,000 | 3,000,000 | -1,000,000 | 10,000,000 | -1,000,000 | 6,000,000 | 9,000,000 | 14,000,000 | 5,000,000 | 2,000,000 | 7,000,000 | ||
total revenues | 207,000,000 | 281,000,000 | 345,000,000 | 156,000,000 | 269,000,000 | 202,000,000 | 245,000,000 | 327,000,000 | 403,000,000 | 360,000,000 | 283,000,000 | 292,000,000 | 41,000,000 | 90,000,000 | 300,000,000 | 263,000,000 | 212,000,000 | 196,000,000 | 177,000,000 | 379,000,000 | 268,000,000 | 372,000,000 | 96,000,000 |
expenses | |||||||||||||||||||||||
loss and loss adjustment expenses | -30,000,000 | 28,000,000 | 40,000,000 | 28,000,000 | -51,000,000 | -2,000,000 | -1,000,000 | 3,000,000 | 100,000,000 | 55,000,000 | 4,000,000 | 45,000,000 | -75,000,000 | -11,000,000 | 57,000,000 | -166,000,000 | -68,000,000 | -16,000,000 | 30,000,000 | 73,000,000 | 73,000,000 | 37,000,000 | 20,000,000 |
interest expense | 22,000,000 | 23,000,000 | 22,000,000 | 23,000,000 | 22,000,000 | 23,000,000 | 23,000,000 | 23,000,000 | 24,000,000 | 22,000,000 | 21,000,000 | 21,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 23,000,000 | 23,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 22,000,000 |
amortization of deferred acquisition costs | 6,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 3,000,000 | 6,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 3,000,000 |
employee compensation and benefit expenses | 50,000,000 | 50,000,000 | 60,000,000 | 49,000,000 | 47,000,000 | 48,000,000 | 58,000,000 | 52,000,000 | 47,000,000 | 70,000,000 | 82,000,000 | 69,000,000 | 57,000,000 | 59,000,000 | 73,000,000 | 57,000,000 | 59,000,000 | 54,000,000 | 60,000,000 | 61,000,000 | 57,000,000 | 46,000,000 | 64,000,000 |
other operating expenses | 44,000,000 | 45,000,000 | 42,000,000 | 35,000,000 | 44,000,000 | 41,000,000 | 39,000,000 | 47,000,000 | 44,000,000 | 71,000,000 | 55,000,000 | 47,000,000 | 37,000,000 | 41,000,000 | 42,000,000 | 44,000,000 | 38,000,000 | 40,000,000 | 57,000,000 | 69,000,000 | 41,000,000 | 42,000,000 | 45,000,000 |
total expenses | 92,000,000 | 151,000,000 | 169,000,000 | 141,000,000 | 67,000,000 | 113,000,000 | 125,000,000 | 128,000,000 | 219,000,000 | 221,000,000 | 165,000,000 | 185,000,000 | 43,000,000 | 112,000,000 | 196,000,000 | -41,000,000 | 230,000,000 | 105,000,000 | 171,000,000 | 229,000,000 | 196,000,000 | 150,000,000 | 154,000,000 |
income before income taxes and equity in earnings (losses) of investees | 115,000,000 | 130,000,000 | 176,000,000 | 15,000,000 | 202,000,000 | 89,000,000 | 120,000,000 | 199,000,000 | 184,000,000 | 139,000,000 | 118,000,000 | 107,000,000 | -2,000,000 | -22,000,000 | 104,000,000 | ||||||||
equity in earnings (losses) of investees | 20,000,000 | 3,000,000 | 53,000,000 | 15,000,000 | 18,000,000 | 5,000,000 | 24,000,000 | 3,000,000 | 18,000,000 | 5,000,000 | 2,000,000 | -8,000,000 | -20,000,000 | -11,000,000 | |||||||||
income before income taxes | 135,000,000 | 133,000,000 | 229,000,000 | 30,000,000 | 220,000,000 | 94,000,000 | 144,000,000 | 202,000,000 | 202,000,000 | 144,000,000 | 120,000,000 | 99,000,000 | -22,000,000 | -22,000,000 | 93,000,000 | 332,000,000 | 5,000,000 | 125,000,000 | 15,000,000 | 174,000,000 | 79,000,000 | 222,000,000 | -62,000,000 |
less: benefit for income taxes | 21,000,000 | 27,000,000 | 44,000,000 | 22,000,000 | 44,000,000 | 13,000,000 | 31,000,000 | 21,000,000 | 43,000,000 | 18,000,000 | 23,000,000 | -1,500,000 | -27,000,000 | 3,000,000 | 18,000,000 | 2,000,000 | -15,000,000 | 23,000,000 | |||||
net income | 114,000,000 | 106,000,000 | 185,000,000 | 22,000,000 | 176,000,000 | 81,000,000 | 113,000,000 | 379,000,000 | 159,000,000 | 126,000,000 | 97,000,000 | 82,000,000 | 5,000,000 | -25,000,000 | 75,000,000 | 282,000,000 | 20,000,000 | 102,000,000 | 15,000,000 | 149,000,000 | 89,000,000 | 188,000,000 | -58,000,000 |
yoy | -35.23% | 30.86% | 63.72% | -94.20% | 10.69% | -35.71% | 16.49% | 362.20% | 3080.00% | -604.00% | 29.33% | -70.92% | -75.00% | -124.51% | 400.00% | 89.26% | -77.53% | -45.74% | -125.86% | ||||
qoq | 7.55% | -42.70% | 740.91% | -87.50% | 117.28% | -28.32% | -70.18% | 138.36% | 26.19% | 29.90% | 18.29% | 1540.00% | -120.00% | -133.33% | -73.40% | 1310.00% | -80.39% | 580.00% | -89.93% | 67.42% | -52.66% | -424.14% | |
net income margin % | |||||||||||||||||||||||
less: noncontrolling interests | 9,000,000 | 3,000,000 | 9,000,000 | 4,000,000 | 5,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 16,000,000 | -12,000,000 | -6,000,000 | 22,000,000 | 9,000,000 | 19,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 1,000,000 | 3,000,000 | 5,000,000 | -3,000,000 |
net income attributable to assured guaranty ltd. | 105,000,000 | 103,000,000 | 176,000,000 | 18,000,000 | 171,000,000 | 78,000,000 | 109,000,000 | 376,000,000 | 157,000,000 | 125,000,000 | 81,000,000 | 94,000,000 | 11,000,000 | -47,000,000 | 66,000,000 | 263,000,000 | 17,000,000 | 98,000,000 | 11,000,000 | 148,000,000 | 86,000,000 | 183,000,000 | -55,000,000 |
earnings per share: | |||||||||||||||||||||||
basic | 2.2 | 2.1 | 3.49 | 0.44 | 3.23 | 1.43 | 1.94 | 6.43 | 2.65 | 2.09 | 1.37 | 1.48 | 0.18 | -0.74 | 1 | 3.62 | 0.22 | 1.31 | 0.14 | 1.77 | 1.03 | 2.11 | -0.59 |
diluted | 2.18 | 2.08 | 3.44 | 0.43 | 3.17 | 1.41 | 1.89 | 6.31 | 2.6 | 2.06 | 1.34 | 1.46 | 0.18 | -0.74 | 0.98 | 3.57 | 0.22 | 1.29 | 0.14 | 1.76 | 1.02 | 2.1 | -0.59 |
asset management fees | 27,000,000 | 26,000,000 | 22,000,000 | 16,000,000 | 21,000,000 | 34,000,000 | 23,000,000 | 20,000,000 | 21,000,000 | 24,000,000 | 29,000,000 | 17,000,000 | 20,000,000 | 23,000,000 | |||||||||
gain on sale of asset management subsidiaries | 7,000,000 | 255,000,000 | |||||||||||||||||||||
loss on extinguishment of debt | 175,000,000 | ||||||||||||||||||||||
commutation gain | |||||||||||||||||||||||
income before income taxes and equity in earnings of investees | 304,000,000 | -18,000,000 | 91,000,000 | 6,000,000 | |||||||||||||||||||
equity in earnings of investees | 28,000,000 | 23,000,000 | 34,000,000 | 9,000,000 | |||||||||||||||||||
net change in fair value of credit derivatives | -33,000,000 | -19,000,000 | 61,000,000 | -3,000,000 | 100,000,000 | -77,000,000 | |||||||||||||||||
benefit for income taxes | 5,000,000 | -10,000,000 | 34,000,000 | -4,000,000 | |||||||||||||||||||
commutation gains | 38,000,000 | ||||||||||||||||||||||
income before income taxes and equity in net earnings of investees | 59,000,000 | 72,000,000 | 222,000,000 | -58,000,000 | |||||||||||||||||||
equity in net earnings of investees | 750,000 | 7,000,000 | -4,000,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
