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Assured Guaranty
🇧🇲 NYSE:AGO
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•
Sep 30, 2022

Assured Guaranty Q3 2022 Earnings Report

Assured Guaranty reported strong new business production and adjusted operating income, while GAAP net income was impacted by foreign exchange remeasurement and fair value adjustments.

Key Takeaways

Assured Guaranty reported a net income of $11 million, or $0.18 per share, for Q3 2022. Adjusted operating income was $133 million, or $2.11 per share. New business production remained strong, with $94 million in gross written premiums and $95 million in PVP.

Net income attributable to Assured Guaranty Ltd. was $11 million, or $0.18 per share for third quarter 2022.

Adjusted operating income was $133 million, or $2.11 per share, for third quarter 2022.

Capital returned to shareholders in third quarter 2022 was $113 million.

Gross written premiums were $94 million for third quarter 2022.

Total Revenue
$89M
Previous year: $102M
-12.7%
EPS
$2.11
Previous year: $0.45
+368.9%
Gross Written Premiums
$94M
Previous year: $106M
-11.3%
Total Capital Returned
$113M
Previous year: $156M
-27.6%
Gross Profit
-$15M
Previous year: $153M
-109.8%
Cash and Equivalents
$131M
Previous year: $101M
+29.7%
Total Assets
$16.7B
Previous year: $17.6B
-5.4%

Assured Guaranty

Assured Guaranty

Assured Guaranty Revenue by Segment

Forward Guidance

Any forward-looking statements made in this press release reflect the Company’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

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