Assured Guaranty (AGO) Tops Q3 EPS by $2.30

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Assured Guaranty Ltd. Reports Results for Third Quarter 2023

November 7, 2023 4:10 PM EST

GAAP Highlights: Net income attributable to Assured Guaranty Ltd. was $157 million, or $2.60 per share,(1) for third quarter 2023. Shareholders equity attributable to Assured Guaranty Ltd. per share was $90.84 as of September 30, 2023. Gross written premiums (GWP) were $40 million for third quarter 2023. Non-GAAP Highlights: Adjusted operating income(2) was $206 million, or $3.42 per share, for third quarter 2023. Adjusted operating shareholders equity(2) per share and adjusted book value (ABV)(2) per share were $99.18 and $148.03, respectively, as of September 30, 2023. Present value of new business production (PVP)(2) was $46... More