Assured Guaranty Re net income fell to $98.5 million in 2024 from $283.5 million
Assured Guaranty Ltd. furnished audited 2024 financial statements for two subsidiaries, Assured Guaranty Re Ltd. (Exhibit 99.1) and Assured Guaranty Re Overseas Ltd. (Exhibit 99.2). Assured Guaranty Re Ltd. reported net income of $98.5 million for 2024, down from $283.5 million in 2023, while total revenues fell to $163.3 million from $192.1 million. These are subsidiary-level figures, and the filing does not give the parent's consolidated results.
- Assured Guaranty Re Ltd. net income was $98.5 million in 2024 versus $283.5 million in 2023
- Total revenues were $163.3 million versus $192.1 million; net earned premiums rose to $96.4 million from $81.3 million
- Loss and loss adjustment expenses were a $2.3 million benefit in 2024, compared with a $50.8 million expense in 2023
- Dividends were $97.4 million in 2024 versus $53.4 million in 2023; statements dated April 1, 2025