secwatch.observer — SEC 8-K summary
======================================

Issuer:     MBIA INC (MBI)
CIK:        0000814585
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001193125-22-275851
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MBIA Q3 net loss narrows to $34M ($0.67/share) vs $123M loss a year ago
-----------------------------------------------------------------------

- GAAP net loss of $34M for Q3 2022 compared to net loss of $123M in Q3 2021.
- Diluted loss per share of $(0.67) vs $(2.49) in prior-year quarter.
- Book value per share negative $15.70 as of Sep 30, 2022, down from negative $5.73 at Dec 31, 2021.
- Improvement driven by favorable losses/LAE at MBIA Corp and National; higher interest rates and lower Puerto Rico losses cited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814585/000119312522275851/0001193125-22-275851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814585/000119312522275851/d402679d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-275851

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer