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10-Q Filing

ASSURED GUARANTY LTD CIK: 1273813 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0001273813-21-000041
Period End Date 20210630
Filing Date 20210806
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance ago-20210630_htm.xml
Balance Sheet 95 line items
Line Item Tag Value Unit Period
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $8,266 and $8,204, net of allowance for credit loss of $39 and $78) DebtSecuritiesAvailableForSaleExcludingShortTermInvestments $8.82B USD Point-in-time
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $8,266 and $8,204, net of allowance for credit loss of $39 and $78) DebtSecuritiesAvailableForSaleExcludingShortTermInvestments $8.77B USD Point-in-time
Short-term investments at fair value ShortTermInvestments $851.00M USD Point-in-time
Short-term investments at fair value ShortTermInvestments $1.09B USD Point-in-time
Other invested assets (includes $115 and $106 measured at fair value) OtherInvestments $214.00M USD Point-in-time
Other invested assets (includes $115 and $106 measured at fair value) OtherInvestments $237.00M USD Point-in-time
Total investment portfolio Investments $9.84B USD Point-in-time
Amortized Cost DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss $9.35B USD Point-in-time
Amortized Cost DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss $9.05B USD Point-in-time
Total investment portfolio Investments $10.14B USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest $78.00M USD Point-in-time
Cash Cash $162.00M USD Point-in-time
Cash Cash $293.00M USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest - USD Point-in-time
Cash Cash $144.00M USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest $75.00M USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest $73.00M USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest $81.00M USD Point-in-time
Allowance for credit loss DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest $39.00M USD Point-in-time
Other invested assets fair value disclosure OtherInvestmentsFairValueDisclosure $115.00M USD Point-in-time
Premiums receivable, net of commissions payable PremiumsReceivableAtCarryingValue $1.37B 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
Assets of consolidated investment vehicles, fair value disclosure AssetsofConsolidatedInvestmentVehiclesFairValueDisclosure $3.28B USD Point-in-time
Assets of consolidated investment vehicles, fair value disclosure AssetsofConsolidatedInvestmentVehiclesFairValueDisclosure $1.73B USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $126.00M USD Point-in-time
Deferred acquisition costs DeferredPolicyAcquisitionCosts $119.00M USD Point-in-time
Salvage and subrogation recoverable SalvageAndSubrogationRecoveriesValue $986.00M USD Point-in-time
Other assets, fair value disclosure OtherAssetsFairValueDisclosure $131.00M USD Point-in-time
Other assets, fair value disclosure OtherAssetsFairValueDisclosure $145.00M USD Point-in-time
Salvage and subrogation recoverable SalvageAndSubrogationRecoveriesValue $991.00M USD Point-in-time
Financial guaranty variable interest entities assets, at fair value FinancialGuarantyOfVariableInterestEntitiesAssetsHeld $296.00M USD Point-in-time
Liabilities of consolidated investment vehicles, fair value disclosure LiabilitiesofConsolidatedInvestmentVehiclesFairValueDisclosure $2.53B USD Point-in-time
Financial guaranty variable interest entities assets, at fair value FinancialGuarantyOfVariableInterestEntitiesAssetsHeld $287.00M USD Point-in-time
Liabilities of consolidated investment vehicles, fair value disclosure LiabilitiesofConsolidatedInvestmentVehiclesFairValueDisclosure $1.30B USD Point-in-time
Assets of consolidated investment vehicles (includes $3,276 and $1,727 measured at fair value) AssetsofConsolidatedInvestmentVehicles $3.55B USD Point-in-time
Common stock par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 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 $3,276 and $1,727 measured at fair value) AssetsofConsolidatedInvestmentVehicles $1.91B 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
Goodwill and other intangible assets IntangibleAssetsNetIncludingGoodwill $181.00M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 77.55M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 74.11M shares Point-in-time
Other assets (includes $131 and $145 measured at fair value) OtherAssets $440.00M USD Point-in-time
Other assets (includes $131 and $145 measured at fair value) OtherAssets $439.00M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 74.11M 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 $17.23B USD Point-in-time
Accumulated other comprehensive income, tax provision AociTaxAttributableToParent $89.00M USD Point-in-time
Accumulated other comprehensive income, tax provision AociTaxAttributableToParent $84.00M USD Point-in-time
Unearned premium reserve UnearnedPremiums $3.70B USD Point-in-time
Unearned premium reserve UnearnedPremiums $3.73B USD Point-in-time
Loss and loss adjustment expense reserve LiabilityForClaimsAndClaimsAdjustmentExpense $1.06B USD Point-in-time
Loss and loss adjustment expense reserve LiabilityForClaimsAndClaimsAdjustmentExpense $1.09B USD Point-in-time
Long-term debt LongTermDebt $1.72B USD Point-in-time
Long-term debt LongTermDebt $1.22B USD Point-in-time
Credit derivative liabilities, at fair value CreditRiskDerivativeLiabilitiesAtFairValue $157.00M USD Point-in-time
Credit derivative liabilities, at fair value CreditRiskDerivativeLiabilitiesAtFairValue $103.00M USD Point-in-time
Financial guaranty variable interest entities liabilities with recourse, at fair value VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithRecourse $296.00M 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 $24.00M USD Point-in-time
Financial guaranty variable interest entities liabilities without recourse, at fair value VariableInterestEntityConsolidatedCarryingAmountLiabilitiesWithoutRecourse $17.00M USD Point-in-time
Liabilities of consolidated investment vehicles (includes $2,526 and $1,299 measured at fair value) LiabilitiesofConsolidatedInvestmentsVehicles $1.59B USD Point-in-time
Liabilities of consolidated investment vehicles (includes $2,526 and $1,299 measured at fair value) LiabilitiesofConsolidatedInvestmentsVehicles $3.11B USD Point-in-time
Other liabilities OtherLiabilities $556.00M USD Point-in-time
Other liabilities OtherLiabilities $579.00M USD Point-in-time
Total liabilities Liabilities $8.63B USD Point-in-time
Total liabilities Liabilities $10.65B USD Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 13) CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests (see Note 9) RedeemableNoncontrollingInterestEquityOtherCarryingAmount $21.00M USD Point-in-time
Redeemable noncontrolling interests (see Note 9) RedeemableNoncontrollingInterestEquityOtherCarryingAmount $21.00M USD Point-in-time
Common shares ($0.01 par value, 500,000,000 shares authorized; 74,112,554 and 77,546,896 shares issued and outstanding) CommonStockValue $1.00M USD Point-in-time
Common shares ($0.01 par value, 500,000,000 shares authorized; 74,112,554 and 77,546,896 shares issued and outstanding) CommonStockValue $1.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $6.14B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $6.06B USD Point-in-time
Accumulated other comprehensive income, net of tax of $84 and $89 AccumulatedOtherComprehensiveIncomeLossNetOfTax $445.00M USD Point-in-time
Accumulated other comprehensive income, net of tax of $84 and $89 AccumulatedOtherComprehensiveIncomeLossNetOfTax $498.00M 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 $6.50B USD Point-in-time
Nonredeemable noncontrolling interests (see Note 9) MinorityInterest $41.00M USD Point-in-time
Nonredeemable noncontrolling interests (see Note 9) MinorityInterest $49.00M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.68B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.49B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.55B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.26B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.64B USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.47B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and shareholders equity LiabilitiesAndStockholdersEquity $17.23B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and shareholders equity LiabilitiesAndStockholdersEquity $15.33B USD Point-in-time
Income Statement 104 line items
Line Item Tag Value Unit Period
Net earned premiums PremiumsEarnedNet $205.00M USD 2 Qtrs
Net earned premiums PremiumsEarnedNet $121.00M USD 1 Quarter
Net earned premiums PremiumsEarnedNet $224.00M USD 2 Qtrs
Net earned premiums PremiumsEarnedNet $102.00M USD 1 Quarter
Net investment income NetInvestmentIncome $138.00M USD 2 Qtrs
Net investment income NetInvestmentIncome $68.00M USD 1 Quarter
Net investment income NetInvestmentIncome $158.00M USD 2 Qtrs
Net investment income NetInvestmentIncome $78.00M USD 1 Quarter
Asset management fees RevenueFromContractWithCustomerExcludingAssessedTax $21.00M USD 1 Quarter
Asset management fees RevenueFromContractWithCustomerExcludingAssessedTax $20.00M USD 1 Quarter
Asset management fees RevenueFromContractWithCustomerExcludingAssessedTax $45.00M USD 2 Qtrs
Asset management fees RevenueFromContractWithCustomerExcludingAssessedTax $43.00M USD 2 Qtrs
Net realized investment gains (losses) RealizedInvestmentGainsLosses $4.00M USD 1 Quarter
Net realized investment gains (losses) RealizedInvestmentGainsLosses $-1.00M USD 2 Qtrs
Net realized investment gains (losses) RealizedInvestmentGainsLosses $4.00M USD 1 Quarter
Net realized investment gains (losses) RealizedInvestmentGainsLosses $1.00M USD 2 Qtrs
Net change in fair value of credit derivatives DerivativeGainLossOnDerivativeNet $-52.00M USD 2 Qtrs
Net change in fair value of credit derivatives DerivativeGainLossOnDerivativeNet $-33.00M USD 1 Quarter
Net change in fair value of credit derivatives DerivativeGainLossOnDerivativeNet $100.00M USD 1 Quarter
Net change in fair value of credit derivatives DerivativeGainLossOnDerivativeNet $23.00M USD 2 Qtrs
Fair value gains (losses) on committed capital securities FairValueGainLossOnCommittedCapitalSecurities $-25.00M USD 2 Qtrs
Fair value gains (losses) on committed capital securities FairValueGainLossOnCommittedCapitalSecurities $-25.00M USD 1 Quarter
Fair value gains (losses) on committed capital securities FairValueGainLossOnCommittedCapitalSecurities $23.00M USD 2 Qtrs
Fair value gains (losses) on committed capital securities FairValueGainLossOnCommittedCapitalSecurities $-6.00M USD 1 Quarter
Fair value gains (losses) on consolidated investment vehicles FairValueGainLossOnConsolidatedInvestmentVehicles $37.00M USD 2 Qtrs
Fair value gains (losses) on consolidated investment vehicles FairValueGainLossOnConsolidatedInvestmentVehicles $31.00M USD 1 Quarter
Fair value gains (losses) on consolidated investment vehicles FairValueGainLossOnConsolidatedInvestmentVehicles $21.00M USD 1 Quarter
Fair value gains (losses) on consolidated investment vehicles FairValueGainLossOnConsolidatedInvestmentVehicles $19.00M USD 2 Qtrs
Foreign exchange gains (losses) on remeasurement ForeignCurrencyTransactionGainLossBeforeTax $5.00M USD 2 Qtrs
Foreign exchange gains (losses) on remeasurement ForeignCurrencyTransactionGainLossBeforeTax $-60.00M USD 2 Qtrs
Foreign exchange gains (losses) on remeasurement ForeignCurrencyTransactionGainLossBeforeTax $2.00M USD 1 Quarter
Foreign exchange gains (losses) on remeasurement ForeignCurrencyTransactionGainLossBeforeTax $5.00M USD 1 Quarter
Commutation gain (losses) CommutationsGainLoss $38.00M USD 2 Qtrs
Commutation gain (losses) CommutationsGainLoss - USD 2 Qtrs
Commutation gain (losses) CommutationsGainLoss $38.00M USD 1 Quarter
Commutation gain (losses) CommutationsGainLoss - USD 1 Quarter
Other income (loss) OtherIncome $1.00M USD 2 Qtrs
Other income (loss) OtherIncome $3.00M USD 1 Quarter
Other income (loss) OtherIncome $19.00M USD 2 Qtrs
Other income (loss) OtherIncome $14.00M USD 1 Quarter
Total revenues Revenues $372.00M USD 1 Quarter
Total revenues Revenues $373.00M USD 2 Qtrs
Total revenues Revenues $468.00M USD 2 Qtrs
Total revenues Revenues $196.00M USD 1 Quarter
Loss and loss adjustment expenses PolicyholderBenefitsAndClaimsIncurredNet $-16.00M USD 1 Quarter
Loss and loss adjustment expenses PolicyholderBenefitsAndClaimsIncurredNet $14.00M USD 2 Qtrs
Loss and loss adjustment expenses PolicyholderBenefitsAndClaimsIncurredNet $57.00M USD 2 Qtrs
Loss and loss adjustment expenses PolicyholderBenefitsAndClaimsIncurredNet $37.00M USD 1 Quarter
Interest expense InterestExpense $23.00M USD 1 Quarter
Interest expense InterestExpense $44.00M USD 2 Qtrs
Interest expense InterestExpense $21.00M USD 1 Quarter
Interest expense InterestExpense $43.00M USD 2 Qtrs
Amortization of deferred acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $4.00M USD 1 Quarter
Amortization of deferred acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $7.00M USD 2 Qtrs
Amortization of deferred acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $7.00M USD 2 Qtrs
Amortization of deferred acquisition costs DeferredPolicyAcquisitionCostAmortizationExpense $4.00M USD 1 Quarter
Employee compensation and benefit expenses EmployeeBenefitsAndShareBasedCompensation $114.00M USD 2 Qtrs
Employee compensation and benefit expenses EmployeeBenefitsAndShareBasedCompensation $54.00M USD 1 Quarter
Employee compensation and benefit expenses EmployeeBenefitsAndShareBasedCompensation $110.00M USD 2 Qtrs
Employee compensation and benefit expenses EmployeeBenefitsAndShareBasedCompensation $46.00M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $42.00M USD 1 Quarter
Other operating expenses OtherCostAndExpenseOperating $97.00M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $87.00M USD 2 Qtrs
Other operating expenses OtherCostAndExpenseOperating $40.00M USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $105.00M USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $150.00M USD 1 Quarter
Total expenses BenefitsLossesAndExpenses $276.00M USD 2 Qtrs
Total expenses BenefitsLossesAndExpenses $304.00M USD 2 Qtrs
Income (loss) before income taxes and equity in earnings of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $222.00M USD 1 Quarter
Income (loss) before income taxes and equity in earnings of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $164.00M USD 2 Qtrs
Income (loss) before income taxes and equity in earnings of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $91.00M USD 1 Quarter
Income (loss) before income taxes and equity in earnings of investees IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $97.00M USD 2 Qtrs
Equity in earnings of investees EquitySecuritiesFvNiRealizedGainLoss - USD 1 Quarter
Equity in earnings of investees EquitySecuritiesFvNiRealizedGainLoss $-4.00M USD 2 Qtrs
Equity in earnings of investees EquitySecuritiesFvNiRealizedGainLoss $34.00M USD 1 Quarter
Equity in earnings of investees EquitySecuritiesFvNiRealizedGainLoss $43.00M USD 2 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $160.00M USD 2 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $140.00M USD 2 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $125.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $222.00M USD 1 Quarter
Less: Provision (benefit) for income taxes IncomeTaxExpenseBenefit $34.00M USD 1 Quarter
Less: Provision (benefit) for income taxes IncomeTaxExpenseBenefit $30.00M USD 2 Qtrs
Less: Provision (benefit) for income taxes IncomeTaxExpenseBenefit $23.00M USD 2 Qtrs
Less: Provision (benefit) for income taxes IncomeTaxExpenseBenefit $23.00M USD 1 Quarter
Net income (loss) ProfitLoss $102.00M USD 1 Quarter
Net income (loss) ProfitLoss $117.00M USD 2 Qtrs
Net income (loss) ProfitLoss $130.00M USD 2 Qtrs
Net income (loss) ProfitLoss $188.00M USD 1 Quarter
Less: Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Less: Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.00M USD 2 Qtrs
Less: Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 2 Qtrs
Less: Noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Net income (loss) attributable to Assured Guaranty Ltd. NetIncomeLoss $183.00M USD 1 Quarter
Net income (loss) attributable to Assured Guaranty Ltd. NetIncomeLoss $109.00M USD 2 Qtrs
Net income (loss) attributable to Assured Guaranty Ltd. NetIncomeLoss $98.00M USD 1 Quarter
Net income (loss) attributable to Assured Guaranty Ltd. NetIncomeLoss $128.00M USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $1.43 USD 2 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $2.11 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.31 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.44 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $1.42 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $1.42 USD 2 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $2.10 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.29 USD 1 Quarter
Cash Flow Statement 75 line items
Line Item Tag Value Unit Period
Net cash flows provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-949.00M USD 2 Qtrs
Net cash flows provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-445.00M USD 2 Qtrs
Purchases PaymentsToAcquireAvailableForSaleSecuritiesDebt $627.00M USD 2 Qtrs
Purchases PaymentsToAcquireAvailableForSaleSecuritiesDebt $788.00M USD 2 Qtrs
Sales ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $226.00M USD 2 Qtrs
Sales ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $490.00M USD 2 Qtrs
Sales ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $106.00M USD 1 Quarter
Sales ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $404.00M USD 1 Quarter
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $373.00M USD 2 Qtrs
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $499.00M USD 2 Qtrs
Purchases PaymentsToAcquireShortTermInvestments $103.00M USD 2 Qtrs
Purchases PaymentsToAcquireShortTermInvestments - USD 2 Qtrs
Sales ProceedsFromSaleOfShortTermInvestments $4.00M USD 2 Qtrs
Sales ProceedsFromSaleOfShortTermInvestments - USD 2 Qtrs
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $60.00M USD 2 Qtrs
Maturities and paydowns ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $30.00M USD 2 Qtrs
Net sales (purchases) of short-term investments with original maturities of less than three months PaymentsforProceedsfromShorttermInvestmentswithMaturitiesofLessThanThreeMonths $-487.00M USD 2 Qtrs
Net sales (purchases) of short-term investments with original maturities of less than three months PaymentsforProceedsfromShorttermInvestmentswithMaturitiesofLessThanThreeMonths $267.00M USD 2 Qtrs
Paydowns on financial guaranty variable interest entities assets ProceedsfromPaydownsonFinancialGuarantyVariableInterestEntitiesAssets $27.00M USD 2 Qtrs
Paydowns on financial guaranty variable interest entities assets ProceedsfromPaydownsonFinancialGuarantyVariableInterestEntitiesAssets $55.00M USD 2 Qtrs
Purchases of other invested assets PaymentsToAcquireOtherInvestments $35.00M USD 2 Qtrs
Purchases of other invested assets PaymentsToAcquireOtherInvestments $12.00M USD 2 Qtrs
Sales and return of capital of other invested assets ProceedsFromSaleOfOtherAssetsInvestingActivities $54.00M USD 2 Qtrs
Sales and return of capital of other invested assets ProceedsFromSaleOfOtherAssetsInvestingActivities $5.00M USD 2 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $2.00M USD 2 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $-1.00M USD 2 Qtrs
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-256.00M USD 2 Qtrs
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $733.00M USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $37.00M USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $35.00M USD 2 Qtrs
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $165.00M USD 2 Qtrs
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $280.00M USD 2 Qtrs
Net paydowns of financial guaranty variable interest entities liabilities PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities $23.00M USD 2 Qtrs
Net paydowns of financial guaranty variable interest entities liabilities PaydownOfFinancialGuarantyVariableInterestEntitiesLiabilities $52.00M USD 2 Qtrs
Issuance of long-term debt, net of issuance costs ProceedsFromIssuanceOfLongTermDebt $495.00M USD 2 Qtrs
Issuance of long-term debt, net of issuance costs ProceedsFromIssuanceOfLongTermDebt - USD 2 Qtrs
Paydown of long-term debt RepaymentsOfLongTermDebt $22.00M USD 2 Qtrs
Paydown of long-term debt RepaymentsOfLongTermDebt $1.00M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $6.00M USD 2 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-12.00M USD 2 Qtrs
Proceeds from issuance of collateralized loan obligations ProceedsFromIssuanceOfCollateralizedLoanObligations $1.13B USD 2 Qtrs
Proceeds from issuance of collateralized loan obligations ProceedsFromIssuanceOfCollateralizedLoanObligations $362.00M USD 2 Qtrs
Repayment of collateralized loan obligations RepaymentsOfCollateralizedLoanObligations - USD 2 Qtrs
Repayment of collateralized loan obligations RepaymentsOfCollateralizedLoanObligations $2.00M USD 2 Qtrs
Proceeds from issuance of warehouse financing debt ProceedsFromLinesOfCredit $546.00M USD 2 Qtrs
Proceeds from issuance of warehouse financing debt ProceedsFromLinesOfCredit - USD 2 Qtrs
Repayment of warehouse financing debt RepaymentofWarehouseLoansandEquity - USD 2 Qtrs
Repayment of warehouse financing debt RepaymentofWarehouseLoansandEquity $750.00M USD 2 Qtrs
Contributions from noncontrolling interests to investment vehicles ContributionsFromNoncontrollingInterestsToInvestmentVehicles $66.00M USD 2 Qtrs
Contributions from noncontrolling interests to investment vehicles ContributionsFromNoncontrollingInterestsToInvestmentVehicles $8.00M USD 2 Qtrs
Distributions to noncontrolling interests from investment vehicles DistributionsToNoncontrollingInterestsFromInvestmentVehicles $8.00M USD 2 Qtrs
Distributions to noncontrolling interests from investment vehicles DistributionsToNoncontrollingInterestsFromInvestmentVehicles $16.00M USD 2 Qtrs
Net cash flows provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $1.20B USD 2 Qtrs
Net cash flows provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $9.00M USD 2 Qtrs
Effect of foreign exchange rate changes EffectOfExchangeRateOnCashAndCashEquivalents - USD 2 Qtrs
Effect of foreign exchange rate changes EffectOfExchangeRateOnCashAndCashEquivalents $-7.00M USD 2 Qtrs
Increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-2.00M USD 2 Qtrs
Increase (decrease) in cash and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $290.00M USD 2 Qtrs
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $296.00M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $473.00M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
Cash and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $183.00M USD Point-in-time
Interest on long-term debt InterestPaidNet $41.00M USD 2 Qtrs
Interest on long-term debt InterestPaidNet $40.00M USD 2 Qtrs
Cash Cash $162.00M USD Point-in-time
Cash Cash $293.00M USD Point-in-time
Cash Cash $144.00M USD Point-in-time
Restricted cash (included in other assets) RestrictedCash $5.00M USD Point-in-time
Restricted cash (included in other assets) RestrictedCash $4.00M USD Point-in-time
Cash of consolidated investment vehicles (see Note 9) CashofConsolidatedInvestmentVehicles $148.00M USD Point-in-time
Cash of consolidated investment vehicles (see Note 9) CashofConsolidatedInvestmentVehicles $175.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $296.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $473.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $298.00M USD Point-in-time
Cash and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $183.00M USD Point-in-time
Stockholders Equity 46 line items
Line Item Tag Value Unit Period
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.22 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.40 USD 2 Qtrs
Dividends per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.44 USD 2 Qtrs
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.68B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.49B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.55B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.26B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.64B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.47B USD Point-in-time
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $132.00M USD 2 Qtrs
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $102.00M USD 1 Quarter
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $117.00M USD 2 Qtrs
Net income NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest $188.00M USD 1 Quarter
Dividends DividendsCommonStockCash $34.00M USD 2 Qtrs
Dividends DividendsCommonStockCash $36.00M USD 2 Qtrs
Dividends DividendsCommonStockCash $17.00M USD 1 Quarter
Dividends DividendsCommonStockCash $17.00M USD 1 Quarter
Reallocation of ownership interest NonRedeemableNoncontrollingInterestEquityOtherReallocationofOwnershipInterests $-10.00M USD 2 Qtrs
Reallocation of ownership interest NonRedeemableNoncontrollingInterestEquityOtherReallocationofOwnershipInterests $-8.00M USD 1 Quarter
Contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $6.00M USD 1 Quarter
Contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $41.00M USD 2 Qtrs
Contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $23.00M USD 1 Quarter
Contributions NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $9.00M USD 2 Qtrs
Common shares repurchases StockRepurchasedAndRetiredDuringPeriodValue $164.00M USD 1 Quarter
Common shares repurchases StockRepurchasedAndRetiredDuringPeriodValue $280.00M USD 2 Qtrs
Common shares repurchases StockRepurchasedAndRetiredDuringPeriodValue $88.00M USD 1 Quarter
Common shares repurchases StockRepurchasedAndRetiredDuringPeriodValue $165.00M USD 2 Qtrs
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $3.00M USD 2 Qtrs
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $8.00M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $2.00M USD 2 Qtrs
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $7.00M USD 1 Quarter
Distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $16.00M USD 2 Qtrs
Distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $16.00M USD 1 Quarter
Distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $9.00M USD 2 Qtrs
Distributions MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-9.00M USD 2 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $195.00M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-53.00M USD 2 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $72.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.68B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.49B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.55B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.26B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.64B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.47B USD Point-in-time
Comprehensive Income 48 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $102.00M USD 1 Quarter
Net income (loss) ProfitLoss $117.00M USD 2 Qtrs
Net income (loss) ProfitLoss $130.00M USD 2 Qtrs
Investments with no credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentTax $31.00M USD 1 Quarter
Net income (loss) ProfitLoss $188.00M USD 1 Quarter
Investments with no credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentTax $-10.00M USD 2 Qtrs
Investments with no credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentTax $4.00M USD 2 Qtrs
Investments with no credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentTax $10.00M USD 1 Quarter
Investments with credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentTax $-7.00M USD 2 Qtrs
Investments with credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentTax $5.00M USD 2 Qtrs
Investments with credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentTax $6.00M USD 1 Quarter
Investments with credit impairment, tax OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentTax $-6.00M USD 1 Quarter
Investments with no credit impairment, net of tax provision (benefit) of $10, $31, $(10) and $4 OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentNetofTax $175.00M USD 1 Quarter
Investments with no credit impairment, net of tax provision (benefit) of $10, $31, $(10) and $4 OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentNetofTax $13.00M USD 2 Qtrs
Investments with no credit impairment, net of tax provision (benefit) of $10, $31, $(10) and $4 OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentNetofTax $51.00M USD 1 Quarter
Investments with no credit impairment, net of tax provision (benefit) of $10, $31, $(10) and $4 OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithoutCreditImpairmentNetofTax $-68.00M USD 2 Qtrs
Investments with credit impairment, net of tax provision (benefit) of $6, $6, $5 and $(7) OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentNetofTax $25.00M USD 1 Quarter
Investments with credit impairment, net of tax provision (benefit) of $6, $6, $5 and $(7) OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentNetofTax $24.00M USD 1 Quarter
Investments with credit impairment, net of tax provision (benefit) of $6, $6, $5 and $(7) OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentNetofTax $-27.00M USD 2 Qtrs
Investments with credit impairment, net of tax provision (benefit) of $6, $6, $5 and $(7) OtherComprehensiveIncomeLossAvailableforsaleSecuritiesWithCreditImpairmentNetofTax $18.00M USD 2 Qtrs
Change in net unrealized gains (losses) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-50.00M USD 2 Qtrs
Change in net unrealized gains (losses) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-14.00M USD 2 Qtrs
Change in net unrealized gains (losses) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $75.00M USD 1 Quarter
Change in net unrealized gains (losses) on investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $200.00M USD 1 Quarter
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse, net of tax OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment $-5.00M USD 1 Quarter
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse, net of tax OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment $-3.00M USD 2 Qtrs
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse, net of tax OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment $5.00M USD 2 Qtrs
Change in net unrealized gains (losses) on financial guaranty variable interest entities' liabilities with recourse, net of tax OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionAfterTaxAndReclassificationAdjustment $-2.00M USD 1 Quarter
Other, net of tax provision (benefit) OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent - USD 1 Quarter
Other, net of tax provision (benefit) OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent - USD 2 Qtrs
Other, net of tax provision (benefit) OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent $-1.00M USD 1 Quarter
Other, net of tax provision (benefit) OtherComprehensiveIncomeLossOtherNetofTaxPortionAttributableToParent - USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $195.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-53.00M USD 2 Qtrs
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $72.00M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-9.00M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $174.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $64.00M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $383.00M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $121.00M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $8.00M USD 2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.00M USD 1 Quarter
Comprehensive income (loss) attributable to Assured Guaranty Ltd. ComprehensiveIncomeNetOfTax $170.00M USD 1 Quarter
Comprehensive income (loss) attributable to Assured Guaranty Ltd. ComprehensiveIncomeNetOfTax $378.00M USD 1 Quarter
Comprehensive income (loss) attributable to Assured Guaranty Ltd. ComprehensiveIncomeNetOfTax $119.00M USD 2 Qtrs
Comprehensive income (loss) attributable to Assured Guaranty Ltd. ComprehensiveIncomeNetOfTax $56.00M USD 2 Qtrs

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

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