Business Context and Reporting Period
Company: Assured Guaranty Ltd.
Filing Type: Form 8-K (Current Report)
Date of Report: March 9, 2010
Context: This filing updates a financial supplement previously furnished on February 25, 2010, regarding the company's financial condition as of December 31, 2009.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a notice of updated tables included in a separate financial supplement available on the company's website.
Material Changes
The filing details two specific updates to the December 31, 2009 financial supplement:
- Inclusion of a table entitled "Estimated Net Exposure Amortization and Estimated Future Net Premium and Credit Derivative Revenues."
- Addition of a table entitled "Present Value of Financial Guaranty Insurance Losses to be Expensed."
Guidance, Outlook, and Risks
The filing does not contain explicit management commentary, forward-looking guidance, or a discussion of risks within the text provided. The updated tables regarding future revenues and expensed losses imply a focus on long-term liability estimation and exposure amortization, but specific risk factors are not enumerated in this report.
Investor Verification Checklist
- Verify the specific numerical data in the "Estimated Net Exposure Amortization" and "Present Value of Financial Guaranty Insurance Losses" tables by accessing the updated financial supplement on the company website.
- Compare the updated December 31, 2009 supplement against the version filed on February 25, 2010, to quantify the impact of the new tables.
- Review the company's website (http://www.assuredguaranty.com) for the full text of the financial supplement referenced in Exhibit 99.2.