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Assured Guaranty AGO Annuity Reinsurance — Effect of changes in cash flow assumptions

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Other financials

Income statement

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Revenue$195.0M-30.6%
Net income$39.0M-62.1%
EPS (diluted)$0.88-57.7%

Balance sheet

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Cash & equivalents$310.0M+3.0%
Total debt$1.7B+0.3%
Total equity$5.6B-1.3%
Total assets$12.6B+4.5%

Cash flow

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Operating cash flow$40.0M-48.7%

Valuation

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Market cap$3.66B-13.4%
Enterprise value$5.05B-10.1%
P/E10.4×+1.4×
P/S3.9×-0.1×

Profitability

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Net margin37.3%-7.2pp

Returns & leverage

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Return on equity6.3%-2.1pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Assured Guaranty in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitCumulativeIncreaseDecreaseFromCashFlowChange.

The source filing: Assured Guaranty’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 8:34 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001273813-26-000077
Line itemSix MonthsSix Months
(dollars in millions)
Present value of expected future policy benefits
Assured Life Re Acquisition, January 21, 2026$$470
Effect of changes in cash flow assumptions(1)
Effect of actual variances from expected experience1
Adjusted balance as of January 21, 2026470
Interest accrual9
Benefit payments(12)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Assured Guaranty's annuity reinsurance — effect of changes in cash flow assumptions?
Assured Guaranty (AGO) reported annuity reinsurance — effect of changes in cash flow assumptions of -$1M in Q1 2026.
What does annuity reinsurance — effect of changes in cash flow assumptions mean?
This metric quantifies the impact of revisions to projected future cash flows, such as mortality, lapse, or expense assumptions, on the valuation of annuity liabilities. It provides insight into the sensitivity of the insurance segment's reserves to changing actuarial estimates.

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