secwatch.observer — SEC 8-K summary
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Issuer:     ASSURED GUARANTY LTD (AGO)
CIK:        0001273813
Form:       8-K
Filed at:   2023-04-19T23:59:59+00:00
Accession:  0001273813-23-000024
Event type: other_material
Sentiment:  negative
Materiality: 0.25
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Assured Guaranty Re 2022 net income falls to $51.8M; equity down on investment losses
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- Net income of $51.8M in 2022 vs $121.3M in 2021, a 57% decline.
- Total revenues decreased to $99.7M from $140.2M, driven by lower net earned premiums and FX losses.
- Shareholder's equity dropped to $837.7M from $944.8M; other comprehensive loss of $158.8M due to interest rate increases.
- Loss & loss adjustment expense went from a benefit of $28.4M to an expense of $3.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273813/000127381323000024/0001273813-23-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273813/000127381323000024/ago-20230419.htm
  HTML page:      https://secwatch.observer/filing/0001273813-23-000024

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