Insurance Company S&P Rating S&P Outlook Moody's Rating Moody's Outlook KBRA Rating KBRA Outlook A.M.
Best Rating
Best Outlook
Assured Guaranty Municipal Corp. (AGM) AA Stable A2 Stable AA+ Stable
Municipal Assurance Corp. (MAC) ** **
Assured Guaranty Corp. (AGC) AA Stable * AA Stable
Assured Guaranty UK Limited (AGUK) AA Stable A2 Stable AA+ Stable
Assured Guaranty (Europe) SA (AGE) AA Stable AA+ Stable
Assured Guaranty Re Ltd. (AG Re) AA Stable
Assured Guaranty Re Overseas Ltd. (AGRO) AA Stable A+ Stable

The insurance financial strength ratings (or similar ratings) for AGL’s insurance subsidiaries are shown in the table above. There can be no assurance that any of the rating agencies will not change these ratings in the future or cease to rate one or more of AGL’s insurance subsidiaries, either voluntarily or at the request of such subsidiary.

* AGC requested that Moody’s withdraw its financial strength ratings of AGC in January 2017, but Moody’s declined that request. Moody’s continues to rate AGC.

MAC was merged with and into AGM on April 1, 2021. As a result, all insurance policies issued by MAC have become insurance obligations of AGM. For more information, click here.