Assured Guaranty ( (AGO) ) has released its Q1 earnings. Here is a breakdown of the information Assured Guaranty presented to its investors.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Assured Guaranty Ltd. is a Bermuda-based holding company that provides credit enhancement products to the public finance, infrastructure, and structured finance markets globally, and also participates in asset management through its ownership interest in Sound Point Capital Management, LP.
In its first quarter of 2025, Assured Guaranty reported a net income of $176 million, or $3.44 per share, marking a significant increase from the previous year. The company’s adjusted operating income also rose to $162 million, or $3.18 per share. Shareholders’ equity per share reached a record $112.80, with adjusted book value per share at $172.79.
Key financial highlights include gross written premiums of $35 million and a present value of new business production of $39 million. The company returned $138 million to shareholders through share repurchases and dividends. A notable gain of $103 million was recognized from the successful conclusion of the LBIE litigation.
The insurance segment saw an increase in adjusted operating income to $168 million, driven by gains from the LBIE litigation, despite higher loss expenses in public finance exposures. The asset management segment contributed $12 million to adjusted operating income, reflecting the company’s strategic investments.
Looking ahead, Assured Guaranty remains focused on leading the bond insurance industry, with management optimistic about continued growth across its sectors, despite potential challenges in the global economic landscape.