Dec 23 (Reuters) - Mortgage insurer Radian Group Inc said it would sell its bond guaranty business to Assured Guaranty Ltd for $810 million to focus on mortgages and real estate and comply with proposed changes to rules governing private mortgage insurers.
Dec 23 (Reuters) - U.S. private mortgage insurer Radian Group Inc said it would sell its financial guaranty insurance unit to Assured Guaranty Ltd for $810 million.
Once again, financial guarantor Assured Guaranty AGO came through with solid earnings growth despite toting the baggage of not having unanimous AAA ratings. Net income for the
while adjusting other debts, most likely to avoid a costly battle with the nation's largest retirement system. Assured Guaranty , which insures a portion of Stockton's bonds, challenged the notion that CalPERS is exempt from being treated
STOCKTON, Calif., Oct 3 (Reuters) - Stockton, California and Assured Guaranty have reached an agreement to restructure more than $150 million of outstanding debt to help the city exit...
STOCKTON, Calif., Oct 1 (Reuters) - Stockton, California, hopes to have a deal with bond insurer Assured Guaranty by Thursday, but if needed the city could impose a settlement to help it exit...
We are dropping coverage of Assured Guaranty AGO. We provide broad coverage of more than 1,700 companies across more than 140 industries, and adjust our coverage as necessary based on client demand and investor interest.
Assured Guaranty takes another step toward a financial strength rating upgrade.
Net operating income jumped in the first quarter at Assured Guaranty AGO, as the bond insurer benefited from a legal settlement reimbursing the firm for losses paid on three residential mortgage
Bond insurer Assured Guaranty AGO ended 2012 with decent earnings compared with the prior year's quarter. Operating income, a non-GAAP measure that excludes