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Assured Guaranty And Assured Guaranty Municipal 'AAA' Ratings Affirmed; Outlook Still Negative
Standard & Poors, May 2010
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Abstract
Assured Guaranty and Assured Guaranty Municipal maintain a dominant position in the bond insurance industry as well as a strong margin of safety. The companies also have a proven track record of underwriting discipline. As a result, we are affirming our 'AAA' counterparty credit and financial strength ratings on these companies. The outlook remains negative, reflecting the possibility of adverse loss development within the structured finance portfolio. NEW YORK (Standard & Poor's) May 17, 2010--Standard & Poor's Ratings Services today said it affirmed its 'AAA' counterparty credit and financial strength ratings on Assured Guaranty Corp. (AGC) and Assured Guaranty Municipal Corp. (AGM). The outlook remains negative. 'The insurer financial strength ratings on AGC and AGM reflect our view of their...
Companies mentioned in this report are: Assured Guaranty Corp,Assured Guaranty Municipal Corp.,Assured Guaranty, LTD.
Action: Affirmed
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