AGO: the balance sheet

MyFinsight

For the year ending 2025-12-31, AGO has $12,176M in assets. $6,387M in debts.

Balance Sheets	2025-12-31
Fixed-maturity securities, available-for-sale	6,369
Fixed-maturity securities, trading, at fair value	124
Short-term investments, at fair value	903
Other invested assets (includes 3 and 4, at fair value)	1,091
Total investments	8,487
Cash	388
Premiums receivable, net of commissions payable, net of allowance for credit losses of 3 and	1,572
Deferred acquisition costs	192
Salvage and subrogation recoverable	449
Financial guaranty variable interest entities assets (includes 172 and 147, at fair value)	212
Assets of consolidated investment vehicles (includes 167 and 99, at fair value)	175
Other assets (includes 174 and 131, at fair value)	701
Total assets	12,176

Unearned premium reserve	3,625
Loss and loss adjustment expense reserve	309
Long-term debt	1,704
Financial guaranty variable interest entities liabilities (includes 197 and 164, at fair value, 182 and 155 with recourse, 16 and 9 without recourse)	198
Other liabilities (includes 21000000 and 34000000 at fair value)	551
Total liabilities	6,387
Retained earnings	5,830
Accumulated other comprehensive income (loss), net of tax of (39) and (75)	-168
Deferred equity compensation	1
Total shareholders equity attributable to assured guaranty ltd	5,663
Non-redeemable noncontrolling interest (note 8)	126
Total shareholders equity	5,789
Total liabilities and shareholders equity	12,176

Unit: Million (M) dollars (except for numbers of shares and EPS).