S&P Affirms Assured Guaranty’s AA Financial Strength Ratings with Stable Outlook
New Report Highlights Assured Guaranty’s Strong Competitive Profile, Very Strong Capital Adequacy and Leadership Position in the
In its
- “very strong capital adequacy”
- “strong competitive position built on a record of credit discipline”
- “diverse underwriting strategy” with “a well thought out and measured” approach to global structured finance and international markets
- “flexibility to capitalize on growth trends and pricing opportunities in a market when other markets see less-favorable trends”
- ability to “absorb losses based on its entire exposure to issuers in
Puerto Rico of roughly$3.4 billion” with no change to Assured’s Guaranty’s capital adequacy score or financial risk profile.
In response to the report,
“This affirmation by S&P of the AA financial strength backing our financial guarantees reflects the success of our disciplined risk management, proven business model and diversified market strategies. The stable outlook indicates that S&P expects, as we do, that
Any forward-looking statements made in this press release reflect Assured Guaranty’s current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. These risks and uncertainties include, but are not limited to, difficulties executing Assured Guaranty’s business strategy; those risks and uncertainties resulting from changes in rating agency models or opinions; adverse credit developments in
View source version on businesswire.com: https://www.businesswire.com/news/home/20190627005821/en/
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