AGM provides financial guaranty insurance for U.S. municipal bonds and international infrastructure financings. AGM’s London-based subsidiary, Assured Guaranty UK Limited (AGUK), is our principal underwriter for the U.K. market. AGM’s Paris-based subsidiary, Assured Guaranty (Europe) SA (AGE), serves markets within the European Union (EU).

Formerly known as Financial Security Assurance Inc. (FSA), AGM became an Assured Guaranty company in July 2009.  Operating since 1985 and headquartered in New York, AGM is the largest company in the Assured Guaranty family of companies based on net par outstanding and statutory claims-paying resources. 

Bonds insured by AGM are obligations of AGM solely, and are not obligations of, or guaranteed or otherwise supported by, Assured Guaranty Ltd. or any of its other subsidiaries.

On July 8, 2024, Assured Guaranty announced the expected merger of AGM into Assured Guaranty Inc. (AG). The effective date of the merger is expected to be August 1, 2024. Upon effectiveness of the merger, by operation of law, AGM-insured securities will become guaranteed obligations of AG, a larger combined company. AGM’s subsidiaries Assured Guaranty UK Limited (AGUK) and Assured Guaranty (Europe) SA (AGE) will become subsidiaries of AG and continue to operate as they did previously. Any obligations of AGM with respect to AGUK or AGE financial guarantees will become obligations of AG.

In addition, AGM entered into agreements with the Sutton Capital Trusts, which issued committed capital securities to institutional investors.  The Sutton Capital Trusts granted AGM put options that, if exercised, would require each trust to liquidate a portion of its assets in order to purchase AGM preferred stock. 

For additional information or questions about AGM, please contact Investor Relations.