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Assured Guaranty AGO Annuity Reinsurance — Effect of changes in discount rate 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$3.34B-14.5%
Enterprise value$4.74B-10.8%
P/E9.5×+1.2×
P/S3.6×-0.2×

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:AociLiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitBeforeTax.

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
Benefit payments(12)
Foreign exchange remeasurement(6)
Ending balance at original discount rate461
Effect of changes in discount rate assumptions(11)
Balance, end of period$$450
Weighted-average liability duration (in years) (1)10.0
Weighted-average original discount rate5.9
Weighted-average current discount rate6.1

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Assured Guaranty's annuity reinsurance — effect of changes in discount rate assumptions?
Assured Guaranty (AGO) reported annuity reinsurance — effect of changes in discount rate assumptions of $11M in Q2 2026.
What does annuity reinsurance — effect of changes in discount rate assumptions mean?
This metric quantifies the change in the present value of future policy benefits resulting from updates to the discount rate used for valuation. It demonstrates the sensitivity of the company's balance sheet to market interest rate movements.

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