Assured Guaranty Q2 adjusted operating income rises on lower loss expenses
AGO•Shareholder returns and key figures
The company returned $62 million to shareholders via repurchases and dividends in the second quarter.
| Metric | Actual |
|---|---|
| Q2 Gross Written Premiums | $81 million |
| Q2 EPS | $0.88 |
| Q2 Net Income | $39 million |
| Q2 Adjusted EBIT | $55 million |
Assured Guaranty did not provide specific financial guidance or forecasts for future periods.
Q2 adjusted operating income rises on lower loss expenses
Assured Guaranty Ltd said second-quarter adjusted operating income rose mainly due to lower loss expenses in its U.S. and non-U.S. public finance sectors.
The U.S. financial guaranty insurer said net income and earnings per share declined year over year, while adjusted operating income increased. Gross written premiums fell year over year, but structured finance premiums rose sharply.
