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10-K Filing

ASSURED GUARANTY LTD CIK: 1273813 FY 2020
Filing Information
Form Type 10-K
Accession Number 0001273813-21-000004
Period End Date 20201231
Filing Date 20210226
Fiscal Year 2020
Fiscal Period FY
XBRL Instance ago-20201231_htm.xml
Balance Sheet 91 line items
Line Item Tag Value Unit Period
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $8,204 and $8,371, allowance for credit loss of $78 at December 31, 2020) DebtSecuritiesAvailableForSaleExcludingShortTermInvestments $8.77B USD Point-in-time
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $8,204 and $8,371, allowance for credit loss of $78 at December 31, 2020) DebtSecuritiesAvailableForSaleExcludingShortTermInvestments $8.85B USD Point-in-time
Short-term investments, at fair value ShortTermInvestments $851.00M USD Point-in-time
Short-term investments, at fair value ShortTermInvestments $1.27B USD Point-in-time
Other invested assets (includes $106 and $6 measured at fair value) OtherInvestments $118.00M USD Point-in-time
Other invested assets (includes $106 and $6 measured at fair value) OtherInvestments $214.00M USD Point-in-time
Total investment portfolio Investments $10.24B USD Point-in-time
Amortized Cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $9.05B USD Point-in-time
Amortized Cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $9.64B USD Point-in-time
Total investment portfolio Investments $9.84B USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss $78.00M USD Point-in-time
Cash Cash $104.00M USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAllowanceForCreditLoss - USD Point-in-time
Cash Cash $162.00M USD Point-in-time
Cash Cash $169.00M USD Point-in-time
Other invested assets, fair value disclosure OtherInvestmentsFairValueDisclosure $106.00M USD Point-in-time
Premiums receivable, net of commissions payable PremiumsReceivableAtCarryingValue $1.37B USD Point-in-time
Premiums receivable, net of commissions payable PremiumsReceivableAtCarryingValue $1.29B USD Point-in-time
Other invested assets, fair value disclosure OtherInvestmentsFairValueDisclosure $6.00M USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $101.00M USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $105.00M USD Point-in-time
Assets of consolidated investment vehicles, fair value disclosure AssetsofConsolidatedInvestmentVehiclesFairValueDisclosure $1.73B USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $111.00M USD Point-in-time
Assets of consolidated investment vehicles, fair value disclosure AssetsofConsolidatedInvestmentVehiclesFairValueDisclosure $558.00M USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $119.00M USD Point-in-time
Other assets, fair value disclosure OtherAssetsFairValueDisclosure $145.00M USD Point-in-time
Other assets, fair value disclosure OtherAssetsFairValueDisclosure $135.00M USD Point-in-time
Salvage and subrogation recoverable SalvageAndSubrogationRecoveriesValue $747.00M USD Point-in-time
Salvage and subrogation recoverable SalvageAndSubrogationRecoveriesValue $991.00M USD Point-in-time
Liabilities of consolidated investment vehicles, fair value disclosure LiabilitiesofConsolidatedInvestmentVehiclesFairValueDisclosure $481.00M USD Point-in-time
Financial guaranty variable interest entities assets, at fair value FinancialGuarantyOfVariableInterestEntitiesAssetsHeld $442.00M USD Point-in-time
Liabilities of consolidated investment vehicles, fair value disclosure LiabilitiesofConsolidatedInvestmentVehiclesFairValueDisclosure $1.30B USD Point-in-time
Financial guaranty variable interest entities assets, at fair value FinancialGuarantyOfVariableInterestEntitiesAssetsHeld $296.00M USD Point-in-time
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Assets of consolidated investment vehicles (includes $1,727 and $558 measured at fair value) AssetsofConsolidatedInvestmentVehicles $1.91B USD Point-in-time
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Assets of consolidated investment vehicles (includes $1,727 and $558 measured at fair value) AssetsofConsolidatedInvestmentVehicles $572.00M USD Point-in-time
Goodwill and other intangible assets IntangibleAssetsNetIncludingGoodwill $216.00M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Goodwill and other intangible assets IntangibleAssetsNetIncludingGoodwill $203.00M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 93.27M shares Point-in-time
Other assets (includes $145 and $135 measured at fair value) OtherAssets $440.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 77.55M shares Point-in-time
Other assets (includes $145 and $135 measured at fair value) OtherAssets $543.00M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 93.27M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 77.55M shares Point-in-time
Total assets Assets $15.33B USD Point-in-time
Total assets Assets $14.33B USD Point-in-time
Accumulated other comprehensive income, tax provision AociTaxAttributableToParent $89.00M USD Point-in-time
Accumulated other comprehensive income, tax provision AociTaxAttributableToParent $71.00M USD Point-in-time
Unearned premium reserve UnearnedPremiums $3.73B USD Point-in-time
Unearned premium reserve UnearnedPremiums $3.74B USD Point-in-time
Loss and loss adjustment expense reserve LiabilityForClaimsAndClaimsAdjustmentExpense $1.09B USD Point-in-time
Loss and loss adjustment expense reserve LiabilityForClaimsAndClaimsAdjustmentExpense $1.05B USD Point-in-time
Long-term debt LongTermDebt $1.22B USD Point-in-time
Long-term debt LongTermDebt $1.24B USD Point-in-time
Credit derivative liabilities, at fair value CreditRiskDerivativeLiabilitiesAtFairValue $103.00M USD Point-in-time
Credit derivative liabilities, at fair value CreditRiskDerivativeLiabilitiesAtFairValue $191.00M USD Point-in-time
Financial guaranty variable interest entities liabilities with recourse, at fair value VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithRecourse $367.00M USD Point-in-time
Financial guaranty variable interest entities liabilities with recourse, at fair value VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithRecourse $316.00M USD Point-in-time
Financial guaranty variable interest entities liabilities without recourse, at fair value VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithoutRecourse $17.00M USD Point-in-time
Financial guaranty variable interest entities liabilities without recourse, at fair value VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithoutRecourse $102.00M USD Point-in-time
Liabilities of consolidated investment vehicles (includes $1,299 and $481 measured at fair value) LiabilitiesofConsolidatedInvestmentsVehicles $482.00M USD Point-in-time
Liabilities of consolidated investment vehicles (includes $1,299 and $481 measured at fair value) LiabilitiesofConsolidatedInvestmentsVehicles $1.59B USD Point-in-time
Other liabilities OtherLiabilities $556.00M USD Point-in-time
Other liabilities OtherLiabilities $511.00M USD Point-in-time
Total liabilities Liabilities $8.63B USD Point-in-time
Total liabilities Liabilities $7.67B USD Point-in-time
Commitments and contingencies (see Note 19) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 19) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityOtherCarryingAmount $7.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityOtherCarryingAmount $21.00M USD Point-in-time
Common shares ($0.01 par value, 500,000,000 shares authorized; 77,546,896 and 93,274,987 shares issued and outstanding) CommonStockValue $1.00M USD Point-in-time
Common shares ($0.01 par value, 500,000,000 shares authorized; 77,546,896 and 93,274,987 shares issued and outstanding) CommonStockValue $1.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $6.14B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $6.29B USD Point-in-time
Accumulated other comprehensive income, net of tax of $89 and $71 AccumulatedOtherComprehensiveIncomeLossNetOfTax $498.00M USD Point-in-time
Accumulated other comprehensive income, net of tax of $89 and $71 AccumulatedOtherComprehensiveIncomeLossNetOfTax $342.00M USD Point-in-time
Deferred equity compensation CompensationAndBenefitsTrust $1.00M USD Point-in-time
Deferred equity compensation CompensationAndBenefitsTrust $1.00M USD Point-in-time
Total shareholders equity attributable to Assured Guaranty Ltd. StockholdersEquity $6.64B USD Point-in-time
Total shareholders equity attributable to Assured Guaranty Ltd. StockholdersEquity $6.64B USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $6.00M USD Point-in-time
Nonredeemable noncontrolling interests MinorityInterest $41.00M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.55B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.68B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.84B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.64B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and shareholders equity LiabilitiesAndStockholdersEquity $14.33B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and shareholders equity LiabilitiesAndStockholdersEquity $15.33B USD Point-in-time
Income Statement 84 line items
Line Item Tag Value Unit Period
Net earned premiums PremiumsEarnedNet $548.00M USD Annual
Net earned premiums PremiumsEarnedNet $485.00M USD Annual
Net earned premiums PremiumsEarnedNet $476.00M USD Annual
Net investment income NetInvestmentIncome $395.00M USD Annual
Net investment income NetInvestmentIncome $378.00M USD Annual
Net investment income NetInvestmentIncome $297.00M USD Annual
Asset management fees RevenueFromContractWithCustomerExcludingAssessedTax $22.00M USD Annual
Asset management fees RevenueFromContractWithCustomerExcludingAssessedTax - USD Annual
Asset management fees RevenueFromContractWithCustomerExcludingAssessedTax $89.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $-32.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $22.00M USD Annual
Net realized investment gains (losses) RealizedInvestmentGainsLosses $18.00M USD Annual
Net change in fair value of credit derivatives DerivativeGainLossOnDerivativeNet $112.00M USD Annual
Net change in fair value of credit derivatives DerivativeGainLossOnDerivativeNet $81.00M USD Annual
Net change in fair value of credit derivatives DerivativeGainLossOnDerivativeNet $-6.00M USD Annual
Fair value gains (losses) on financial guaranty variable interest entities VariableInterestEntityChangeinFairValue $14.00M USD Annual
Fair value gains (losses) on financial guaranty variable interest entities VariableInterestEntityChangeinFairValue $42.00M USD Annual
Fair value gains (losses) on financial guaranty variable interest entities VariableInterestEntityChangeinFairValue $-10.00M USD Annual
Fair value gains (losses) on consolidated investment vehicles FairValueGainLossOnConsolidatedInvestmentVehicles $41.00M USD Annual
Fair value gains (losses) on consolidated investment vehicles FairValueGainLossOnConsolidatedInvestmentVehicles $-3.00M USD Annual
Fair value gains (losses) on consolidated investment vehicles FairValueGainLossOnConsolidatedInvestmentVehicles - USD Annual
Foreign exchange gains (losses) on remeasurement ForeignCurrencyTransactionGainLossBeforeTax $39.00M USD Annual
Foreign exchange gains (losses) on remeasurement ForeignCurrencyTransactionGainLossBeforeTax $-37.00M USD Annual
Foreign exchange gains (losses) on remeasurement ForeignCurrencyTransactionGainLossBeforeTax $24.00M USD Annual
Commutation gains (losses) GainLossFromCommutations $38.00M USD Annual
Commutation gains (losses) GainLossFromCommutations $1.00M USD Annual
Commutation gains (losses) GainLossFromCommutations $-16.00M USD Annual
Other income (loss) OtherIncome $37.00M USD Annual
Other income (loss) OtherIncome $17.00M USD Annual
Other income (loss) OtherIncome $7.00M USD Annual
Total revenues Revenues $1.00B USD Annual
Total revenues Revenues $1.11B USD Annual
Total revenues Revenues $963.00M USD Annual
Loss and loss adjustment expenses PolicyholderBenefitsAndClaimsIncurredNet $203.00M USD Annual
Loss and loss adjustment expenses PolicyholderBenefitsAndClaimsIncurredNet $64.00M USD Annual
Loss and loss adjustment expenses PolicyholderBenefitsAndClaimsIncurredNet $93.00M USD Annual
Interest expense InterestExpense $89.00M USD Annual
Interest expense InterestExpense $94.00M USD Annual
Interest expense InterestExpense $85.00M USD Annual
Amortization of deferred acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $18.00M USD Annual
Amortization of deferred acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $16.00M USD Annual
Amortization of deferred acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $16.00M USD Annual
Employee compensation and benefit expenses EmployeeBenefitsAndShareBasedCompensation $178.00M USD Annual
Employee compensation and benefit expenses EmployeeBenefitsAndShareBasedCompensation $228.00M USD Annual
Employee compensation and benefit expenses EmployeeBenefitsAndShareBasedCompensation $152.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $125.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $96.00M USD Annual
Other operating expenses OtherCostAndExpenseOperating $197.00M USD Annual
Total expenses BenefitsLossesAndExpenses $729.00M USD Annual
Total expenses BenefitsLossesAndExpenses $503.00M USD Annual
Total expenses BenefitsLossesAndExpenses $422.00M USD Annual
Income (loss) before income taxes and equity in earnings of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $386.00M USD Annual
Income (loss) before income taxes and equity in earnings of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $460.00M USD Annual
Income (loss) before income taxes and equity in earnings of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $579.00M USD Annual
Equity in earnings of investees IncomeLossFromEquityMethodInvestments $4.00M USD Annual
Equity in earnings of investees IncomeLossFromEquityMethodInvestments $27.00M USD Annual
Equity in earnings of investees IncomeLossFromEquityMethodInvestments $1.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $413.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $580.00M USD Annual
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $464.00M USD Annual
Current CurrentIncomeTaxExpenseBenefit $-2.00M USD Annual
Current CurrentIncomeTaxExpenseBenefit $-15.00M USD Annual
Current CurrentIncomeTaxExpenseBenefit $-13.00M USD Annual
Deferred DeferredIncomeTaxExpenseBenefit $65.00M USD Annual
Deferred DeferredIncomeTaxExpenseBenefit $74.00M USD Annual
Deferred DeferredIncomeTaxExpenseBenefit $58.00M USD Annual
Total provision (benefit) for income taxes IncomeTaxExpenseBenefit $45.00M USD Annual
Total provision (benefit) for income taxes IncomeTaxExpenseBenefit $59.00M USD Annual
Total provision (benefit) for income taxes IncomeTaxExpenseBenefit $63.00M USD Annual
Net income (loss) ProfitLoss $368.00M USD Annual
Net income (loss) ProfitLoss $401.00M USD Annual
Net income (loss) ProfitLoss $521.00M USD Annual
Less: Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-1.00M USD Annual
Less: Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $6.00M USD Annual
Less: Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD Annual
Net income (loss) attributable to Assured Guaranty Ltd. NetIncomeLoss $402.00M USD Annual
Net income (loss) attributable to Assured Guaranty Ltd. NetIncomeLoss $521.00M USD Annual
Net income (loss) attributable to Assured Guaranty Ltd. NetIncomeLoss $362.00M USD Annual
Basic (in dollars per share) EarningsPerShareBasic $4.04 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $4.22 USD Annual
Basic (in dollars per share) EarningsPerShareBasic $4.73 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $4.19 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $4.00 USD Annual
Diluted (in dollars per share) EarningsPerShareDiluted $4.68 USD Annual
Cash Flow Statement 162 line items
Line Item Tag Value Unit Period
Net Income ProfitLoss $368.00M USD Annual
Net Income ProfitLoss $401.00M USD Annual
Net Income ProfitLoss $521.00M USD Annual
Non-cash interest and operating expenses OtherNoncashIncomeExpense $-54.00M USD Annual
Non-cash interest and operating expenses OtherNoncashIncomeExpense $-36.00M USD Annual
Non-cash interest and operating expenses OtherNoncashIncomeExpense $-34.00M USD Annual
Net amortization of premium (discount) on investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $35.00M USD Annual
Net amortization of premium (discount) on investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $31.00M USD Annual
Net amortization of premium (discount) on investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $9.00M USD Annual
Provision (benefit) for deferred income taxes DeferredIncomeTaxExpenseBenefit $65.00M USD Annual
Provision (benefit) for deferred income taxes DeferredIncomeTaxExpenseBenefit $74.00M USD Annual
Provision (benefit) for deferred income taxes DeferredIncomeTaxExpenseBenefit $58.00M USD Annual
Net realized investment losses (gains) RealizedNoncashInvestmentsGainsLosses $18.00M USD Annual
Net realized investment losses (gains) RealizedNoncashInvestmentsGainsLosses $-32.00M USD Annual
Net realized investment losses (gains) RealizedNoncashInvestmentsGainsLosses $22.00M USD Annual
Change in premiums receivable, net of premiums and commissions payable IncreaseDecreaseInPremiumsReceivable $6.00M USD Annual
Change in premiums receivable, net of premiums and commissions payable IncreaseDecreaseInPremiumsReceivable $388.00M USD Annual
Change in premiums receivable, net of premiums and commissions payable IncreaseDecreaseInPremiumsReceivable $102.00M USD Annual
Change in ceded unearned premium reserve IncreaseDecreaseInPrepaidReinsurancePremiums $-20.00M USD Annual
Change in ceded unearned premium reserve IncreaseDecreaseInPrepaidReinsurancePremiums $-20.00M USD Annual
Change in ceded unearned premium reserve IncreaseDecreaseInPrepaidReinsurancePremiums $-58.00M USD Annual
Change in unearned premium reserve IncreaseDecreaseInUnearnedPremiums $39.00M USD Annual
Change in unearned premium reserve IncreaseDecreaseInUnearnedPremiums $-1.00M USD Annual
Change in unearned premium reserve IncreaseDecreaseInUnearnedPremiums $224.00M USD Annual
Change in loss and loss adjustment expense reserve, net IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $-173.00M USD Annual
Change in loss and loss adjustment expense reserve, net IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $-174.00M USD Annual
Change in loss and loss adjustment expense reserve, net IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve $-528.00M USD Annual
Change in credit derivative assets and liabilities, net IncreaseDecreaseInDerivativeAssetsAndLiabilities $22.00M USD Annual
Change in credit derivative assets and liabilities, net IncreaseDecreaseInDerivativeAssetsAndLiabilities $85.00M USD Annual
Change in credit derivative assets and liabilities, net IncreaseDecreaseInDerivativeAssetsAndLiabilities $62.00M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $6.00M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $26.00M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $10.00M USD Annual
Purchases of securities PurchasesofSecuritiesofConsolidatedInvestmentVehicles $267.00M USD Annual
Purchases of securities PurchasesofSecuritiesofConsolidatedInvestmentVehicles $2.05B USD Annual
Purchases of securities PurchasesofSecuritiesofConsolidatedInvestmentVehicles - USD Annual
Sales of securities ProceedsFromSalesOfSecuritiesOfConsolidatedInvestmentVehicles $13.00M USD Annual
Sales of securities ProceedsFromSalesOfSecuritiesOfConsolidatedInvestmentVehicles $1.16B USD Annual
Sales of securities ProceedsFromSalesOfSecuritiesOfConsolidatedInvestmentVehicles - USD Annual
Maturities and paydowns of securities MaturitiesAndPaydownsOfSecuritiesOfConsolidatedInvestmentVehicles $71.00M USD Annual
Maturities and paydowns of securities MaturitiesAndPaydownsOfSecuritiesOfConsolidatedInvestmentVehicles - USD Annual
Maturities and paydowns of securities MaturitiesAndPaydownsOfSecuritiesOfConsolidatedInvestmentVehicles $5.00M USD Annual
Proceeds from (purchases of) money market funds ProceedsFromPaymentsForMoneyMarketFunds - USD Annual
Proceeds from (purchases of) money market funds ProceedsFromPaymentsForMoneyMarketFunds $108.00M USD Annual
Proceeds from (purchases of) money market funds ProceedsFromPaymentsForMoneyMarketFunds - USD Annual
Purchases to cover securities sold short PaymentsToCoverSecuritiesSoldShort $460.00M USD Annual
Purchases to cover securities sold short PaymentsToCoverSecuritiesSoldShort - USD Annual
Purchases to cover securities sold short PaymentsToCoverSecuritiesSoldShort - USD Annual
Proceeds from securities sold short ProceedsFromSecuritiesSoldShort $509.00M USD Annual
Proceeds from securities sold short ProceedsFromSecuritiesSoldShort - USD Annual
Proceeds from securities sold short ProceedsFromSecuritiesSoldShort - USD Annual
Other changes in investment vehicles IncreaseDecreaseinOtherOperatingActivitiesofConsolidatedInvestmentVehicles $-69.00M USD Annual
Other changes in investment vehicles IncreaseDecreaseinOtherOperatingActivitiesofConsolidatedInvestmentVehicles - USD Annual
Other changes in investment vehicles IncreaseDecreaseinOtherOperatingActivitiesofConsolidatedInvestmentVehicles $-3.00M USD Annual
Net cash flows provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $462.00M USD Annual
Net cash flows provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-509.00M USD Annual
Net cash flows provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-853.00M USD Annual
Purchases PaymentsToAcquireAvailableForSaleSecuritiesDebt $873.00M USD Annual
Purchases PaymentsToAcquireAvailableForSaleSecuritiesDebt $1.38B USD Annual
Purchases PaymentsToAcquireAvailableForSaleSecuritiesDebt $1.88B USD Annual
Sales ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.18B USD Annual
Sales ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $779.00M USD Annual
Sales ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.80B USD Annual
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $878.00M USD Annual
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $781.00M USD Annual
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $962.00M USD Annual
Purchases PaymentsToAcquireShortTermInvestments $229.00M USD Annual
Purchases PaymentsToAcquireShortTermInvestments $85.00M USD Annual
Purchases PaymentsToAcquireShortTermInvestments $243.00M USD Annual
Sales ProceedsFromSaleOfShortTermInvestments $23.00M USD Annual
Sales ProceedsFromSaleOfShortTermInvestments $2.00M USD Annual
Sales ProceedsFromSaleOfShortTermInvestments $5.00M USD Annual
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $207.00M USD Annual
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $73.00M USD Annual
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $316.00M USD Annual
Net sales (purchases) of short-term investments with original maturities of less than three months ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $-623.00M USD Annual
Net sales (purchases) of short-term investments with original maturities of less than three months ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $430.00M USD Annual
Net sales (purchases) of short-term investments with original maturities of less than three months ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $-84.00M USD Annual
Paydowns on financial guaranty variable interest entities assets ProceedsfromPaydownsonFinancialGuarantyVariableInterestEntitiesAssets $116.00M USD Annual
Paydowns on financial guaranty variable interest entities assets ProceedsfromPaydownsonFinancialGuarantyVariableInterestEntitiesAssets $83.00M USD Annual
Paydowns on financial guaranty variable interest entities assets ProceedsfromPaydownsonFinancialGuarantyVariableInterestEntitiesAssets $139.00M USD Annual
Sales of financial guaranty variable interest entities assets ProceedsfromSaleofFinancialGuarantyVariableInterestEntitiesAssets - USD Annual
Sales of financial guaranty variable interest entities assets ProceedsfromSaleofFinancialGuarantyVariableInterestEntitiesAssets $51.00M USD Annual
Sales of financial guaranty variable interest entities assets ProceedsfromSaleofFinancialGuarantyVariableInterestEntitiesAssets - USD Annual
Acquisitions, net of cash acquired (see Note 2) PaymentsToAcquireBusinessesNetOfCashAcquired $145.00M USD Annual
Acquisitions, net of cash acquired (see Note 2) PaymentsToAcquireBusinessesNetOfCashAcquired - USD Annual
Acquisitions, net of cash acquired (see Note 2) PaymentsToAcquireBusinessesNetOfCashAcquired - USD Annual
Sales and return of capital of other invested assets ProceedsFromSaleofOtherInvestedAssets $38.00M USD Annual
Sales and return of capital of other invested assets ProceedsFromSaleofOtherInvestedAssets $36.00M USD Annual
Sales and return of capital of other invested assets ProceedsFromSaleofOtherInvestedAssets $23.00M USD Annual
Purchases of other invested assets PaymentsforPurchaseofOtherInvestedAssets $20.00M USD Annual
Purchases of other invested assets PaymentsforPurchaseofOtherInvestedAssets $88.00M USD Annual
Purchases of other invested assets PaymentsforPurchaseofOtherInvestedAssets $19.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $1.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $3.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD Annual
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $1.17B USD Annual
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $297.00M USD Annual
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $788.00M USD Annual
Dividends paid PaymentsOfDividendsCommonStock $69.00M USD Annual
Dividends paid PaymentsOfDividendsCommonStock $71.00M USD Annual
Dividends paid PaymentsOfDividendsCommonStock $74.00M USD Annual
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $500.00M USD Annual
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $446.00M USD Annual
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $500.00M USD Annual
Net paydowns of financial guaranty variable interest entities liabilities PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities $181.00M USD Annual
Net paydowns of financial guaranty variable interest entities liabilities PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities $77.00M USD Annual
Net paydowns of financial guaranty variable interest entities liabilities PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities $116.00M USD Annual
Paydown of long-term debt RepaymentsOfLongTermDebt $101.00M USD Annual
Paydown of long-term debt RepaymentsOfLongTermDebt $22.00M USD Annual
Paydown of long-term debt RepaymentsOfLongTermDebt $4.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-7.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-10.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-15.00M USD Annual
Proceeds from issuance of collateralized loan obligations ProceedsFromIssuanceOfFinancialServicesObligations - USD Annual
Proceeds from issuance of collateralized loan obligations ProceedsFromIssuanceOfFinancialServicesObligations $738.00M USD Annual
Proceeds from issuance of collateralized loan obligations ProceedsFromIssuanceOfFinancialServicesObligations $482.00M USD Annual
Proceeds from borrowing by warehouse ProceedsFromLinesOfCredit - USD Annual
Proceeds from borrowing by warehouse ProceedsFromLinesOfCredit - USD Annual
Proceeds from borrowing by warehouse ProceedsFromLinesOfCredit $234.00M USD Annual
Repayment of warehouse loans and equity RepaymentofWarehouseLoansandEquity $210.00M USD Annual
Repayment of warehouse loans and equity RepaymentofWarehouseLoansandEquity $306.00M USD Annual
Repayment of warehouse loans and equity RepaymentofWarehouseLoansandEquity - USD Annual
Contributions from noncontrolling interests to investment vehicles ContributionsFromNoncontrollingInterestsToInvestmentVehicles - USD Annual
Contributions from noncontrolling interests to investment vehicles ContributionsFromNoncontrollingInterestsToInvestmentVehicles $18.00M USD Annual
Contributions from noncontrolling interests to investment vehicles ContributionsFromNoncontrollingInterestsToInvestmentVehicles $88.00M USD Annual
Distributions to noncontrolling interests from investment vehicles DistributionsToRedeemableNoncontrollingInterestsFromInvestmentVehicles - USD Annual
Distributions to noncontrolling interests from investment vehicles DistributionsToRedeemableNoncontrollingInterestsFromInvestmentVehicles $4.00M USD Annual
Distributions to noncontrolling interests from investment vehicles DistributionsToRedeemableNoncontrollingInterestsFromInvestmentVehicles $43.00M USD Annual
Net cash flows provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $183.00M USD Annual
Net cash flows provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-584.00M USD Annual
Net cash flows provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-795.00M USD Annual
Effect of foreign exchange rate changes EffectOfExchangeRateOnCashAndCashEquivalents $3.00M USD Annual
Effect of foreign exchange rate changes EffectOfExchangeRateOnCashAndCashEquivalents $-3.00M USD Annual
Effect of foreign exchange rate changes EffectOfExchangeRateOnCashAndCashEquivalents $-4.00M USD Annual
Increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-40.00M USD Annual
Increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $79.00M USD Annual
Increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $115.00M USD Annual
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $144.00M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $104.00M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $183.00M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $144.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $104.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $183.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
Income taxes IncomeTaxesPaidNet $-25.00M USD Annual
Income taxes IncomeTaxesPaidNet $-4.00M USD Annual
Income taxes IncomeTaxesPaidNet $4.00M USD Annual
Interest on long-term debt InterestPaidNet $84.00M USD Annual
Interest on long-term debt InterestPaidNet $81.00M USD Annual
Interest on long-term debt InterestPaidNet $99.00M USD Annual
Purchases of fixed-maturity investments NoncashOrPartNoncashAcquisitionInvestmentsAcquired1 $188.00M USD Annual
Purchases of fixed-maturity investments NoncashOrPartNoncashAcquisitionInvestmentsAcquired1 $4.00M USD Annual
Purchases of fixed-maturity investments NoncashOrPartNoncashAcquisitionInvestmentsAcquired1 $1.00M USD Annual
Sales of fixed-maturity investments NoncashorPartNoncashAcquisitionInvestmentsSold $44.00M USD Annual
Sales of fixed-maturity investments NoncashorPartNoncashAcquisitionInvestmentsSold - USD Annual
Sales of fixed-maturity investments NoncashorPartNoncashAcquisitionInvestmentsSold $1.00M USD Annual
Cash and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $144.00M USD Point-in-time
Cash and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $104.00M USD Point-in-time
Cash and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $183.00M USD Point-in-time
Cash and restricted cash at the end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
Stockholders Equity 31 line items
Line Item Tag Value Unit Period
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.64 USD Annual
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.80 USD Annual
Dividends (in dollars per share) CommonStockDividendsPerShareDeclared $0.72 USD Annual
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.55B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.68B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.84B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.64B USD Point-in-time
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $369.00M USD Annual
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $402.00M USD Annual
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $521.00M USD Annual
Dividends DividendsCommonStockCash $71.00M USD Annual
Dividends DividendsCommonStockCash $74.00M USD Annual
Dividends DividendsCommonStockCash $69.00M USD Annual
Common shares repurchases StockRepurchasedAndRetiredDuringPeriodValue $446.00M USD Annual
Common shares repurchases StockRepurchasedAndRetiredDuringPeriodValue $500.00M USD Annual
Common shares repurchases StockRepurchasedAndRetiredDuringPeriodValue $500.00M USD Annual
Share-based compensation StockIssuedDuringPeriodValueSharebasedCompensationandOther $13.00M USD Annual
Share-based compensation StockIssuedDuringPeriodValueSharebasedCompensationandOther $7.00M USD Annual
Share-based compensation StockIssuedDuringPeriodValueSharebasedCompensationandOther $16.00M USD Annual
Reallocation of ownership interests NonRedeemableNoncontrollingInterestEquityOtherReallocationofOwnershipInterests $-10.00M USD Annual
Contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $63.00M USD Annual
Contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $6.00M USD Annual
Distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $45.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $249.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-247.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $156.00M USD Annual
Other StockholdersEquityOther $15.00M USD Annual
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.55B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.68B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.84B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.64B USD Point-in-time
Comprehensive Income 39 line items
Line Item Tag Value Unit Period
Investments with no credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentTax $20.00M USD Annual
Net income (loss) ProfitLoss $368.00M USD Annual
Net income (loss) ProfitLoss $401.00M USD Annual
Investments with no credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentTax $46.00M USD Annual
Net income (loss) ProfitLoss $521.00M USD Annual
Investments with no credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentTax $-32.00M USD Annual
Investments with credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentTax $-14.00M USD Annual
Investments with credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentTax $-4.00M USD Annual
Investments with credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentTax $-8.00M USD Annual
Investments with no credit impairment recognized in the statement of operations, net of tax provision (benefit) of $20, $46 and $(32) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax $163.00M USD Annual
Other, tax OtherComprehensiveIncomeLossOtherTaxPortionAttributableToParent - USD Annual
Investments with no credit impairment recognized in the statement of operations, net of tax provision (benefit) of $20, $46 and $(32) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax $293.00M USD Annual
Other, tax OtherComprehensiveIncomeLossOtherTaxPortionAttributableToParent $-2.00M USD Annual
Other, tax OtherComprehensiveIncomeLossOtherTaxPortionAttributableToParent - USD Annual
Investments with no credit impairment recognized in the statement of operations, net of tax provision (benefit) of $20, $46 and $(32) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesWithNoOtherThanTemporaryImpairmentArisingDuringPeriodNetOfTax $-215.00M USD Annual
Investments with credit impairment recognized in the statement of operations, net of tax provision (benefit) of $(4), $(14) and $(8) OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $26.00M USD Annual
Investments with credit impairment recognized in the statement of operations, net of tax provision (benefit) of $(4), $(14) and $(8) OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $16.00M USD Annual
Investments with credit impairment recognized in the statement of operations, net of tax provision (benefit) of $(4), $(14) and $(8) OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities $46.00M USD Annual
Change in net unrealized gains (losses) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $147.00M USD Annual
Change in net unrealized gains (losses) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $247.00M USD Annual
Change in net unrealized gains (losses) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-241.00M USD Annual
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse, net of tax OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment $7.00M USD Annual
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse, net of tax OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment $4.00M USD Annual
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse, net of tax OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment $2.00M USD Annual
Other, net of tax provision (benefit) of $0, $0 and $(2) OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent $-8.00M USD Annual
Other, net of tax provision (benefit) of $0, $0 and $(2) OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent $-2.00M USD Annual
Other, net of tax provision (benefit) of $0, $0 and $(2) OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent $2.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-247.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $156.00M USD Annual
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $249.00M USD Annual
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $524.00M USD Annual
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $274.00M USD Annual
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $650.00M USD Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.00M USD Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.00M USD Annual
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD Annual
Comprehensive income (loss) attributable to Assured Guaranty Ltd. ComprehensiveIncomeNetOfTax $651.00M USD Annual
Comprehensive income (loss) attributable to Assured Guaranty Ltd. ComprehensiveIncomeNetOfTax $518.00M USD Annual
Comprehensive income (loss) attributable to Assured Guaranty Ltd. ComprehensiveIncomeNetOfTax $274.00M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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