AG Re provides reinsurance protection to affiliated companies in the Assured Guaranty family of companies, including AGM and AGC, as well as to other unaffiliated financial guaranty companies. As our primary financial guaranty reinsurance subsidiary, AG Re has built a significant book of business, assumed from a number of direct guarantors. This portfolio is an important element of Assured Guaranty’s business model, providing a reliable, long-term source of predictable earnings.
AG Re pays dividends to Assured Guaranty Ltd., which enables the parent company to meet its operating expenses, pay dividends on or repurchase its common shares, and make capital investments in its operating subsidiaries.
Additionally, AG Re is the indirect parent company of Assured Guaranty Re Overseas Ltd. (AGRO)
In addition to providing financial guaranty reinsurance, AGRO offers specialty insurance and reinsurance products that are consistent with the risk profile of Assured Guaranty’s broader financial guaranty franchise and fit within Assured Guaranty’s strategic objectives. AGRO has the flexibility to address the needs of customers in a variety of market sectors. Its areas of focus include providing residual value insurance (RVI) on commercial aircraft, capital relief to financial institutions through insurance products, as well as capital and/or reserve relief to life reinsurers through reinsurance. See the AGRO page for additional information.
Investors with questions about AG Re or AGRO may contact Investor Relations.