Type: Public
On the web: http://www.assuredguaranty.com
Employees: 350
Employee growth: 0.0%

Assured Guaranty brings additional certainty to the not-too-risky world of public finance. The Bermuda-based holding company provides financial guaranty insurance and reinsurance, as well as mortgage guaranty coverage, through its operating subsidiaries. Operating through its main subsidiaries Assured Guaranty Corp. and Assured Guaranty Municipal Corp, its products include guaranties for municipal finance, structured finance, and corporate bonds. It operates throughout the US and Puerto Rico. Its subsidiary Assured Guaranty (UK) writes insurance in the UK and other European markets. The company provides financial guaranty reinsurance through Assured Guaranty Re.

Key numbers for fiscal year ending December, 2010:
Sales: $1,401.3M
One year growth: 50.7%
Net income: $548.9M
Income growth: 464.8%

Officers:
Chairman: Walter A. Scott
President, CEO, and Director: Dominic J. Frederico
Managing Director and Chief Accounting Officer: Robert A. Bailenson

Competitors:
Ambac
Berkshire Hathaway
MBIA

© 2012 Hoover's, Inc. All rights reserved.