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Assured Guaranty
🇧🇲 NYSE:AGO
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Jun 30, 2022

Assured Guaranty Q2 2022 Earnings Report

Assured Guaranty's June 30 shareholders’ equity per share was impacted by unrealized losses, the highest per-share levels of adjusted operating shareholders’ equity and adjusted book value were achieved, and new business production in insurance segment remained strong.

Key Takeaways

Assured Guaranty Ltd. reported a net loss of $47 million, or $0.74 per share, for the second quarter of 2022. However, the company achieved record highs in adjusted operating shareholders’ equity and adjusted book value per share. New business production in the insurance segment remained strong.

Net loss attributable to Assured Guaranty Ltd. was $47 million, or $0.74 per share, for second quarter 2022.

Adjusted operating income was $30 million, or $0.46 per share, for second quarter 2022.

Second quarter 2022 capital returned to shareholders was $167 million, including the repurchase of 2.6 million shares for $151 million, and dividends of $16 million.

Gross written premiums were $65 million for second quarter 2022.

Total Revenue
$82M
Previous year: $102M
-19.6%
EPS
$0.46
Previous year: $1.59
-71.1%
Gross Written Premiums
$65M
Previous year: $84M
-22.6%
Total Capital Returned
$167M
Previous year: $105M
+59.0%
Gross Profit
$36M
Previous year: $135M
-73.3%
Cash and Equivalents
$263M
Previous year: $144M
+82.6%
Total Assets
$17B
Previous year: $17.2B
-1.5%

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Assured Guaranty Revenue by Segment

Forward Guidance

The company did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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