Assured Guaranty Q1 2023 Earnings Report
Key Takeaways
Assured Guaranty reported a net income attributable to Assured Guaranty Ltd. of $81 million, or $1.34 per share, for the first quarter of 2023. Adjusted operating income was $68 million, or $1.12 per share, for the same period. Gross written premiums were $86 million, a 23% increase from the first quarter of 2022.
Net income attributable to Assured Guaranty Ltd. was $81 million, or $1.34 per share, for first quarter 2023.
Adjusted operating income was $68 million, or $1.12 per share, for first quarter 2023.
Gross written premium of $86 million was 23% higher than in the first quarter of 2022.
Closed $112 million of PVP in the quarter, up 62% from first quarter 2022.
Assured Guaranty
Assured Guaranty
Assured Guaranty Revenue by Segment
Forward Guidance
On April 5, 2023, Assured Guaranty entered into a transaction agreement (Transaction Agreement) pursuant to which it agreed to contribute to Sound Point Capital Management, LP (Sound Point) most of its asset management business
Revenue & Expenses
Visualization of income flow from segment revenue to net income