Assured Guaranty Q2 adjusted operating income rises on lower loss expenses

Assured Guaranty

06/08/2026 21:27

Overview
U.S. financial guaranty insurer's Q2 net income and EPS declined yr/yr, adjusted operating income rose
Gross written premiums fell yr/yr, but structured finance premiums rose sharply
Company returned $62 mln to shareholders via repurchases and dividends in Q2

Outlook
Company did not provide specific financial guidance or forecasts for future periods

Result Drivers
LOWER LOSS EXPENSES - Co said Q2 adjusted operating income rose mainly due to lower loss expenses in U.S. and non-U.S. public finance sectors
HIGHER NET EARNED PREMIUMS - Scheduled net earned premiums and credit derivative revenues increased due to growth in shorter duration strategies like fund finance
STRUCTURED FINANCE GROWTH - Structured finance gross written premiums and PVP rose sharply, driven by fund finance and life insurance capital management transactions

Company press release: ID:nBw7C60mla

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Gross Written Premiums
 
$81 mln
 
Q2 EPS
 
$0.88
 
Q2 Net Income
 
$39 mln
 
Q2 Adjusted EBIT
 
$55 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the property & casualty insurance peer group is "buy"
Wall Street's median 12-month price target for Assured Guaranty Ltd is $94.00, about 13.6% above its August 5 closing price of $82.74
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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Aug 5 - Allstate posts higher quarterly profit on strong underwriting performance

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)