Assured Guaranty (AGO) Tops Q4 EPS by 11c

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Go back to Assured Guaranty (AGO) Tops Q4 EPS by 11c

Assured Guaranty Ltd. Reports Results for Fourth Quarter 2018 and Full Year 2018

February 28, 2019 4:45 PM EST

Gross written premiums were $96 million in fourth quarter 2018, bringing FY 2018 gross written premiums to $612 million. PVP1 was $96 million in fourth quarter 2018, bringing FY 2018 PVP to $663 million. For FY 2018, gross written premiums and PVP were the highest reported in the last 10 years. Shareholders' equity per share, non-GAAP operating shareholders' equity1 per share and non-GAAP adjusted book value1 per share reached new records at $63.23, $61.17 and $86.06, respectively. Net income was $88 million, or $0.83 per share, for fourth quarter 2018 and $521 million, or $4.68 per share, for FY 2018.... More