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Assured Guaranty AGO Liability for Unpaid Claims and Claims Adjustment Expense, Net

Discontinued — last reported Q3 '22

Liability for Unpaid Claims and Claims Adjustment Expense, Net at other companies

Fidelity National Financial logo
Fidelity National FinancialFNF
$1.7B+0.5%
American Financial Group logo
American Financial GroupAFG
$9.79B+5.4%
American International Group logo
American International GroupAIG
$41.99B+0.3%
Security National Financial Corporation logo
Security National Financial CorporationSNFCA
$6.32M-9.2%
Reinsurance Group of America logo
Reinsurance Group of AmericaRGA
$3.05B+6.3%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE

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:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet.

The source filing: Assured Guaranty’s 10-Q, filed November 8, 2022.

Filed
Nov 8, 2022, 8:54 AM EST
Fiscal quarter
Q3 FY2022
Calendar quarter
Q3 2022
Accession
0001273813-22-000041
Line itemAs of / September 30, 2022As of / December 31, 2021
Loss and LAE reserve$882$869
Reinsurance recoverable on unpaid losses (1)(3)(5)
Loss and LAE reserve, net879864
Salvage and subrogation recoverable(385)(801)
Salvage and subrogation reinsurance payable (2)116
Salvage and subrogation recoverable, net(384)(785)
Net reserve (salvage)$495$79

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Assured Guaranty's liability for unpaid claims and claims adjustment expense, net?
Assured Guaranty (AGO) reported liability for unpaid claims and claims adjustment expense, net of $879M in Q3 2022.
How has Assured Guaranty's liability for unpaid claims and claims adjustment expense, net changed year-over-year?
Assured Guaranty's liability for unpaid claims and claims adjustment expense, net decreased by 9.8% year-over-year, from $974M to $879M.
What does liability for unpaid claims and claims adjustment expense, net mean?
Liability for Unpaid Claims and Claims Adjustment Expense, Net

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