AGO on NYSE
ASSURED GUARANTY LTD
Price unavailable
Last updated Oct 16, 2026.
Overview
Compare with MBIA, OCTAVE SPECIALTY GROUP INC or NMI Holdings, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Insurance brought in 97% of the revenue ASSURED GUARANTY LTD broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Insurance | $855.0M | $821.0M | $870.0M |
| Asset Management | $76.0M | $10.0M | $29.0M |
Financial statements
Every line of the income statement in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earned premiums | $380.0M | $403.0M | $344.0M |
| Net investment income | $359.0M | $340.0M | $365.0M |
| Asset management fees | $0 | $0 | $53.0M |
| Net realized investment gains (losses) | -$40.0M | $9.0M | -$14.0M |
| Fair value gains (losses) on credit derivatives | $121.0M | $24.0M | $114.0M |
| Fair value gains (losses) on committed capital securities | $20.0M | -$10.0M | -$35.0M |
| Fair value gains (losses) on financial guaranty variable interest entities | $6.0M | -$11.0M | $8.0M |
| Fair value gains (losses) on consolidated investment vehicles | $79.0M | $69.0M | $88.0M |
| Foreign exchange gains (losses) on remeasurement | $96.0M | -$27.0M | $53.0M |
| Fair value gains (losses) on trading securities | $13.0M | $52.0M | $74.0M |
| Gain on sale of asset management subsidiaries | $0 | $0 | $262.0M |
| Other income (loss) | $76.0M | $23.0M | $61.0M |
| Total revenues | $1.1B | $872.0M | $1.4B |
| Loss and loss adjustment expenses (benefit) | $56.0M | -$26.0M | $162.0M |
| Interest expense | $89.0M | $91.0M | $90.0M |
| Amortization of deferred acquisition costs | $22.0M | $20.0M | $13.0M |
| Employee compensation and benefit expenses | $209.0M | $202.0M | $251.0M |
| Other operating expenses | $174.0M | $159.0M | $217.0M |
| Total expenses | $550.0M | $446.0M | $733.0M |
| Income (loss) before income taxes and equity in earnings (losses) of investees | $560.0M | $426.0M | $640.0M |
| Equity in earnings (losses) of investees | $102.0M | $62.0M | $28.0M |
| Income (loss) before income taxes | $662.0M | $488.0M | $668.0M |
| Current | $124.0M | $100.0M | $63.0M |
| Deferred | -$5.0M | -$4.0M | -$156.0M |
| Total provision (benefit) for income taxes | $119.0M | $96.0M | -$93.0M |
| Net income (loss) | $543.0M | $392.0M | $761.0M |
| Less: Noncontrolling interest | $40.0M | $16.0M | $22.0M |
| Net income (loss) attributable to Assured Guaranty Ltd. | $503.0M | $376.0M | $739.0M |
| Basic (in dollars per share) | $10.39 | $7.01 | $12.54 |
| Diluted (in dollars per share) | $10.26 | $6.87 | $12.30 |
Every line of the balance sheet in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Fixed-maturity securities, available-for-sale | $6.4B | $6.4B | |
| Fixed-maturity securities, trading, at fair value | $124.0M | $147.0M | |
| Short-term investments, at fair value | $903.0M | $1.2B | |
| Other invested assets (includes $3 and $4, at fair value) | $1.1B | $926.0M | |
| Total investments | $8.5B | $8.7B | |
| Cash | $388.0M | $121.0M | $97.0M |
| Premiums receivable, net of commissions payable, net of allowance for credit losses of $3 and $ | $1.6B | $1.6B | |
| Deferred acquisition costs | $192.0M | $176.0M | $161.0M |
| Salvage and subrogation recoverable | $449.0M | $396.0M | |
| Financial guaranty variable interest entities assets (includes $172 and $147, at fair value) | $212.0M | $147.0M | |
| Assets of consolidated investment vehicles (includes $167 and $99, at fair value) | $175.0M | $101.0M | |
| Other assets (includes $174 and $131, at fair value) | $701.0M | $746.0M | |
| Total assets | $12.2B | $11.9B | |
| Unearned premium reserve | $3.6B | $3.7B | |
| Loss and loss adjustment expense reserve | $309.0M | $268.0M | |
| Long-term debt | $1.7B | $1.7B | |
| Financial guaranty variable interest entities liabilities (includes $197 and $164, at fair value, $182 and $155 with recourse, $16 and $9 without recourse) | $198.0M | $164.0M | |
| Other liabilities (includes $21000000 and $34000000 at fair value) | $551.0M | $498.0M | |
| Total liabilities | $6.4B | $6.3B | |
| Common shares ($0.01 par value, 500,000,000 shares authorized; 45,184,791 and 50,505,320 shares issued and outstanding) | $0 | $1.0M | |
| Retained earnings | $5.8B | $5.9B | |
| Accumulated other comprehensive income (loss), net of tax of $(39) and $(75) | -$168.0M | -$385.0M | |
| Deferred equity compensation | $1.0M | $1.0M | |
| Total shareholders equity attributable to Assured Guaranty Ltd. | $5.7B | $5.5B | |
| Non-redeemable noncontrolling interest (Note 8) | $126.0M | $58.0M | |
| Total shareholders equity | $5.8B | $5.6B | $5.8B |
| Total liabilities and shareholders equity | $12.2B | $11.9B | |
| Allowance for credit loss | $54.0M | $60.0M | $77.0M |
| Amortized Cost | $6.6B | $6.8B | |
| Other invested assets, fair value disclosure | $3.0M | $4.0M | |
| Premiums receivable, allowance for credit loss | $3.0M | $0 | |
| Financial guaranty variable interest entities' assets, fair value | $172.0M | $147.0M | |
| Assets of consolidated investment vehicles, fair value disclosure | $167.0M | $99.0M | |
| Other assets, fair value disclosure | $174.0M | $131.0M | |
| Financial guaranty variable interest entities' liabilities | $197.0M | $164.0M | |
| Financial guaranty variable interest entities' liabilities, with recourse | $182.0M | $155.0M | |
| Financial guaranty variable interest entities' liabilities, without recourse | $16.0M | $9.0M | |
| Other liabilities | $21.0M | $34.0M | |
| Common stock par value (in dollars per share) | $0.01 | $0.01 | |
| Common stock, shares authorized (in shares) | 500.0M shares | 500.0M shares | |
| Common stock, shares issued (in shares) | 45.2M shares | 50.5M shares | |
| Common stock, shares outstanding (in shares) | 45.2M shares | 50.5M shares | |
| Accumulated other comprehensive income, tax provision | -$39.0M | -$75.0M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $543.0M | $392.0M | $761.0M |
| Non-cash interest and operating expenses | $66.0M | $66.0M | $58.0M |
| Net amortization of premium (discount) on investments | -$62.0M | -$23.0M | -$37.0M |
| Provision (benefit) for deferred income taxes | -$5.0M | -$4.0M | -$156.0M |
| Net realized investment losses (gains) | $40.0M | -$9.0M | $14.0M |
| Equity in (earnings) losses of investees | -$102.0M | -$62.0M | -$28.0M |
| Fair value gains (losses) on committed capital securities | -$20.0M | $10.0M | $35.0M |
| Fair value losses (gains) on trading securities | -$13.0M | -$52.0M | -$74.0M |
| Gain on sale of asset management subsidiaries | $0 | $0 | -$262.0M |
| Change in premiums receivable, net of premiums and commissions payable | -$18.0M | -$80.0M | -$157.0M |
| Change in unearned premium reserve, net | -$96.0M | $62.0M | $26.0M |
| Change in loss and loss adjustment expense reserve and salvage and subrogation recoverable, net | -$10.0M | -$202.0M | $35.0M |
| Change in current income taxes | $63.0M | -$6.0M | $72.0M |
| Change in credit derivative assets and liabilities, net | -$14.0M | -$21.0M | -$112.0M |
| Distributions from equity method investments | $56.0M | $47.0M | $7.0M |
| Other | -$101.0M | -$19.0M | -$97.0M |
| Purchases of securities | $0 | -$97.0M | -$340.0M |
| Sales of securities | $0 | $41.0M | $675.0M |
| Maturities and paydowns of securities | $0 | $0 | $60.0M |
| Proceeds from (purchases of) money market funds | $0 | $0 | $66.0M |
| Other changes in consolidated investment vehicles | -$68.0M | $4.0M | -$85.0M |
| Net cash flows provided by (used in) operating activities | $259.0M | $47.0M | $461.0M |
| Purchases | -$1.6B | -$1.4B | -$540.0M |
| Sales | $624.0M | $649.0M | $862.0M |
| Maturities and paydowns | $1.3B | $853.0M | $746.0M |
| Purchases | -$3.0M | -$1.0M | -$16.0M |
| Sales | $0 | $0 | $4.0M |
| Maturities and paydowns | $0 | $5.0M | $36.0M |
| Net sales (purchases) of short-term investments with original maturities of less than three months | $326.0M | $437.0M | -$872.0M |
| Sales of fixed-maturity securities, trading | $8.0M | $233.0M | $0 |
| Maturities and paydowns of fixed-maturity securities, trading | $28.0M | $21.0M | $63.0M |
| Purchases of and contributions to other invested assets | -$160.0M | -$119.0M | -$198.0M |
| Sales of and return of capital from other invested assets | $44.0M | $41.0M | $29.0M |
| Paydowns on financial guaranty variable interest entities assets | $20.0M | $23.0M | $175.0M |
| Net proceeds from sale of assets and liabilities held for sale | $49.0M | $0 | $0 |
| Other | $12.0M | -$8.0M | -$3.0M |
| Net cash flows provided by (used in) investing activities | $641.0M | $780.0M | $286.0M |
| Dividends paid | -$68.0M | -$68.0M | -$67.0M |
| Repurchases of common shares | -$500.0M | -$502.0M | -$199.0M |
| Net paydowns of financial guaranty variable interest entities liabilities | -$16.0M | -$375.0M | -$149.0M |
| Issuance of long-term debt, net of issuance costs | $0 | $0 | $345.0M |
| Redemptions and purchases of debt, including make-whole payment | $0 | $0 | -$330.0M |
| Payments related to tax withholding for share-based compensation | -$34.0M | -$30.0M | -$20.0M |
| Other | $2.0M | $2.0M | $1.0M |
| Repayment of warehouse financing debt | $0 | $0 | -$166.0M |
| Distributions to noncontrolling interest from consolidated investment vehicles | $0 | -$10.0M | -$80.0M |
| Other | $0 | $0 | -$5.0M |
| Net cash flows provided by (used in) financing activities | -$616.0M | -$983.0M | -$670.0M |
| Effect of foreign exchange rate changes | $7.0M | -$2.0M | $2.0M |
| Increase (decrease) in cash and cash equivalents and restricted cash | $291.0M | -$158.0M | $79.0M |
| Receipt of fixed-maturity securities, available-for-sale | $9.0M | $0 | $1.0M |
| Contributions from noncontrolling interest | $0 | $0 | $20.0M |
| Distributions to noncontrolling interest | $0 | $0 | $27.0M |
| Assets acquired | $0 | $0 | $437.0M |
| Assets transferred | $0 | $0 | $240.0M |
| Liabilities transferred | $0 | $0 | $66.0M |
Former names
- AGC HOLDINGS LTDDec 23, 2003 to Dec 23, 20032
Recent filings
- Oct 2, 20263 PRIMARY DOCUMENT
- Aug 21, 20264 PRIMARY DOCUMENT
- Aug 7, 202610-Q
- Aug 7, 20268-K
- Aug 6, 20268-K
- Jul 6, 20264 PRIMARY DOCUMENT
- Jun 23, 2026144
- Jun 18, 20264 PRIMARY DOCUMENT
- Jun 18, 20263
- Jun 18, 2026SCHEDULE 13G
- Jun 17, 2026144
- Jun 1, 20264 PRIMARY DOCUMENT
- May 29, 2026144
- May 29, 20264 PRIMARY DOCUMENT
- May 28, 2026S-3ASR
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10