TITLE

Assured Guaranty 2Q Net Falls; Gross Premiums Rise 175%

AUTHOR(S)
Hanson, Matthew
PUB. DATE
August 2006
SOURCE
Bond Buyer;8/7/2006, Vol. 358 Issue 32439, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Assured Guaranty Ltd. for the second quarter of 2006. The company posted a net income of $44.5 million which is 33.4 percent short from the second quarter of 2005. Its gross premiums written increased to $111.5 million for the quarter. Meanwhile, Moody's Investors Service has revised its credit outlook on Assured Guaranty's bond insurer, Assured Guaranty Corp. to positive from stable.
ACCESSION #
21888602

 

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