Assured Guaranty Q2 2021 Earnings Report
Key Takeaways
Assured Guaranty Ltd. reported a net income of $98 million, or $1.29 per share, for Q2 2021. Key measures of shareholder value reached all-time highs, and insurance production remained strong. However, the asset management segment experienced an adjusted operating loss.
Net income attributable to Assured Guaranty Ltd. was $98 million, or $1.29 per share, for second quarter 2021.
Shareholders’ equity attributable to Assured Guaranty Ltd. per share was $87.74 as of June 30, 2021, the highest ever reported.
Adjusted operating income was $120 million, or $1.59 per share, for second quarter 2021.
Second quarter 2021 capital returned to shareholders was $105 million, including share repurchases of $88 million and dividends of $17 million.
Assured Guaranty
Assured Guaranty
Assured Guaranty Revenue by Segment
Forward Guidance
On August 4, 2021, the Board of Directors authorized an additional $350 million in share repurchases.
Revenue & Expenses
Visualization of income flow from segment revenue to net income