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. AG Re is the parent company of Assured Guaranty Re Overseas Ltd., also a Bermuda reinsurer, which underwrites financial guaranty and residential mortgage reinsurance and which is also the parent company of Assured Guaranty Mortgage Insurance Company, a New York corporation that is authorized to provide mortgage guaranty insurance and reinsurance.
Although most municipal bond, infrastructure and structured finance investors do not have direct exposure to AG Re, investors in AGC and AGM insured bonds may wish to evaluate AG Re and its financial strength and resources because of the financial support that AG Re’s reinsurance provides to AGC and AGM. AG Re has not directly issued any debt but it does pay dividends to Assured Guaranty Ltd., which enables the parent company to meet its operating expenses, pay dividends on its common shares and make capital investments in its operating subsidiaries.
For additional information or questions about AG Re, please contact Investor Relations.