secwatch.observer — SEC 8-K summary
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Issuer:     ASSURED GUARANTY LTD (AGO)
CIK:        0001273813
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001273813-24-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Assured Guaranty Q1 net income $109M ($1.89/sh), adjusted op income $113M, record book values
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- Net income $109M ($1.89/sh), up 35% YoY; adjusted operating income $113M ($1.96/sh), up 66% YoY.
- Record shareholders' equity per share $102.19, adjusted operating equity per share $107.69, adjusted book value per share $157.31.
- Returned $148M to shareholders in Q1: $129M share repurchases (2.7% of shares) and $19M dividends; buyback authorization increased by $300M on May 2.
- New business production: GWP $61M, PVP $63M; U.S. public finance municipal premiums doubled YoY on large transportation revenue issuances.
- CEO notes share price up ~385% since 2004 IPO, outperforming major indices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273813/000127381324000028/0001273813-24-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273813/000127381324000028/ago-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001273813-24-000028

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