Assured Guaranty Ltd.

Financial Security Assurance Inc. (FSA) began operations as a financial guaranty insurer. It would become Assured Guaranty Municipal Corp. (AGM) after its acquisition by Assured Guaranty in 2009.

Capital Reinsurance Company began operations as a financial guaranty reinsurer. It would ultimately become Assured Guaranty Corp. (AGC), which is known today as Assured Guaranty Inc. (AG).

KRE Reinsurance Ltd., a Bermuda insurance company, commenced operations. Its name was changed to Assured Guaranty Re Overseas Ltd. (AGRO) in 2004.

FSA’s subsidiary Financial Security Assurance (U.K.) Limited received authorization to write insurance in the United Kingdom. It would ultimately become Assured Guaranty UK Limited (AGUK).

ACE Limited acquired Capital Re Corp., the parent of Capital Reinsurance Company.

ACE Limited formed Assured Guaranty Ltd. (AGL) to serve as the holding company for its insurance operating subsidiaries that are now known as AG, Assured Guaranty Re Ltd. (AG Re) and AGRO.

AGL went public at a price of $18.00 per common share and was listed on the New York Stock Exchange under the ticker symbol AGO.

The Financial Services Authority authorized Assured Guaranty (UK) plc to write financial guarantees in the United Kingdom.

AG Re assumed as reinsurance a diversified portfolio of financial guaranty contracts totaling approximately $29 billion in par from Ambac Assurance Corporation.

Assured Guaranty announced a definitive agreement to acquire Financial Security Assurance Holdings Ltd. (FSAH) and Financial Security Assurance Inc. (FSA), excluding FSAH’s financial products business.

AG assumed as reinsurance US public finance debt insured by CIFG Assurance North America, Inc. (CIFG), totaling approximately $13 billion in par.

Assured Guaranty completed the acquisition of FSAH and FSA, thereby bringing under one roof the two financial guarantors that successfully navigated the global financial crisis. FSAH was subsequently renamed Assured Guaranty Municipal Holdings Inc. (AGMH), and FSA was subsequently renamed Assured Guaranty Municipal Corp. (AGM).

AG acquired Radian Asset Assurance Inc. from Radian Guaranty Inc., and merged Radian Asset with and into AG, with AG as the surviving company.

AG acquired MBIA UK Insurance Limited, the European operating subsidiary of MBIA Insurance Corporation, and subsequently renamed it Assured Guaranty (London) plc (AGLN).

Assured Guaranty made its first investment in the asset management sector, acquiring a minority interest in Wasmer, Schroeder & Company, which it held until 2020, when The Charles Schwab Corporation acquired the firm.

AG assumed substantially all of the insured portfolio of Syncora Guarantee Inc. (Syncora), and AGM commuted the reinsurance on a book of business it had previously ceded to Syncora. Additionally, Assured Guaranty began to administer the reinsured portfolio on behalf of Syncora.

Assured Guaranty combined the portfolios and operations of its four U.K. and European financial guarantee insurance companies when it merged Assured Guaranty (UK) plc, AGLN, and CIFGE with and into Assured Guaranty UK Limited (AGUK), with AGUK as the surviving entity.

In preparation for the U.K.’s withdrawal from the European Union (Brexit), Assured Guaranty established Assured Guaranty (Europe) SA (AGE) in France to service current business in the European Economic Area (EEA) and continue expanding its activity in Europe.

Assured Guaranty acquired asset management firm BlueMountain Capital Management LLC to be the core of its asset management platform.

Assured Guaranty rebranded BlueMountain Capital Management LLC as Assured Investment Management LLC.

AGUK transferred certain of its financial guarantees to AGE to service them more effectively in light of Brexit.

Assured Guaranty contributed to Sound Point Capital Management, LP (Sound Point) most of its asset management business, other than that conducted by Assured Healthcare Partners LLC (AHP) and received approximately 30% of the common interests in Sound Point and certain other interests in its investment management affiliates. In a separate transaction, Assured Guaranty sold all of its equity interests in AHP.

Assured Guaranty opened an office in Sydney, Australia to expand its reach within the Australian market.

AGM merged with and into AG, with AG as the surviving company.

Launched Assured Life Reinsurance Ltd. (Assured Life Re), a Bermuda-based life and annuity reinsurer.