secwatch.observer — SEC 8-K summary
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Issuer:     ASSURED GUARANTY LTD (AGO)
CIK:        0001273813
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001273813-23-000076
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Assured Guaranty Q3 net income $157M; leadership change: Bailenson to COO, Rosenblum to CFO
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- Q3 net income $157M ($2.60/share); adjusted operating income $206M ($3.42/share).
- PVP $46M, GWP $40M; muni bond insurance market share 62% of insured par in primary.
- Gain on Sound Point & AHP transactions $241M pre-tax; board increased buyback authorization by $300M.
- CFO Robert Bailenson promoted to COO; Chief Actuary Benjamin Rosenblum to succeed as CFO, effective Jan 1, 2024.
- Share repurchases $64M, dividends $16M in Q3; shareholders' equity per share $90.84.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273813/000127381323000076/0001273813-23-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273813/000127381323000076/ago-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001273813-23-000076

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