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Companies / Financials / ASSURED GUARANTY LTD
AGO

ASSURED GUARANTY LTD

FinancialsInsurance
Ticker AGOHAMILTON BERMUDA, D0Fiscal year ends DecemberBook value per share $123.53Diluted shares 45.0M

Assured Guaranty Ltd. (NYSE: AGO) is a Bermuda-based holding company providing credit protection products to U.S. and non-U.S. public finance and structured finance markets through its wholly-owned operating subsidiaries. The company's website is www.assuredguaranty.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.11B
+27.3% year over year
Last 12 mo $940.00M
0.00%
$543.00M
+38.5% year over year
8.88%
+2 percentage points
Last 12 mo 6.31%
Cash & financing
$259.00M
+451.1% year over year
Last 12 mo $324.00M
$259.00M
+451.1% year over year
Last 12 mo $324.00M
0.30
Was 0.31× a year earlier
Last 12 mo 0.31
48.7M
−10.3% year over year
Last 12 mo 45.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ASSURED GUARANTY LTD does

In the company’s own words

Assured Guaranty Ltd. (NYSE: AGO) is a Bermuda-based holding company providing credit protection products to U.S. and non-U.S. public finance and structured finance markets through its wholly-owned operating subsidiaries. The company's website is www.assuredguaranty.com.

The company operates through two primary segments: Insurance and Asset Management. The Insurance segment represents the core business, offering financial guaranty insurance that protects holders of debt instruments from defaults on scheduled payments. This unconditional and irrevocable guaranty covers both principal and interest shortfalls when obligors fail to meet debt service obligations. Assured Guaranty serves as the market leader in financial guaranty insurance, with approximately 58 percent market share of new U.S. public finance bonds sold with insurance in 2025.

The company's insurance portfolio spans multiple asset classes including U.S. public finance obligations such as general obligation bonds, municipal utility bonds, transportation bonds, healthcare bonds, and infrastructure bonds. The company also insures non-U.S. public finance obligations, particularly regulated utility obligations and infrastructure finance obligations concentrated in the United Kingdom and Spain. Additionally, Assured Guaranty writes U.S. and non-U.S. structured finance obligations including fund finance facilities, pooled corporate obligations, and insurance reserve financings.

In January 2026, the company acquired Warwick Company (UK) Limited, which owns Assured Life Reinsurance Ltd., marking its entry into the life and annuity reinsurance business focused on U.K. bulk purchase annuities and U.S. multi-year guaranteed annuity transactions. This acquisition represents a strategic diversification of the company's revenue streams beyond traditional financial guaranty insurance.

The Asset Management segment operates through the company's ownership interest in Sound Point Capital Management, LP and its investment management affiliates, providing alternative investment opportunities for the company's insurance subsidiaries.

Assured Guaranty maintains strong financial strength ratings from multiple rating agencies, which are critical to its competitive positioning and ability to uplift credit ratings of insured obligations. The company competes primarily with Build America Mutual Assurance Company in the U.S. public finance market and is the only financial guaranty insurance company currently writing new structured finance business.

Company details
Sector
Financials
Industry
Insurance
Headquarters
HAMILTON BERMUDA, D0
Fiscal year end
December
CIK
1273813
SIC
6351

Financial performance, year by year

Fiscal 2013–2025 · USD
$-220.70M$441.40M$1.10B$1.77B$2.43B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ASSURED GUARANTY LTD — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

128
funds hold it
0 of 35
superinvestors hold it
$721.96M
held by funds, at market
20.8%
of shares held by funds
5
bond issues held by funds

Largest fund holders · ASSURED GUARANTY LTD’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EQUITY INCOME FUND
VEIPX · VANGUARD FENWAY FUNDS
0.15%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.33%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

ASSURED GUARANTY LTD’s bonds, as funds hold them

Funds report holding 5 issues of ASSURED GUARANTY LTD’s debt, $158.08M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.71%, maturing 2028 to 2066.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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