Assured Guaranty Q4 2019 Earnings Report
Key Takeaways
Assured Guaranty Ltd. reported a net income of $137 million for Q4 2019, with adjusted operating income at $87 million. The company saw strong performance in its Insurance segment but faced challenges in the Asset Management segment due to restructuring charges.
Net income attributable to Assured Guaranty Ltd. was $137 million, or $1.42 per share.
Adjusted operating income was $87 million, or $0.90 per share.
Total capital returned to shareholders was $178 million, including share repurchases of $160 million.
Gross written premiums (GWP) were $518 million.
Assured Guaranty
Assured Guaranty
Assured Guaranty Revenue by Segment
Forward Guidance
On February 26, 2020, the Board of Directors authorized an additional $250 million in share repurchases, and an increase in the dividend per share from $0.18 to $0.20.
Revenue & Expenses
Visualization of income flow from segment revenue to net income