| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | NaN | 543 | NaN | NaN |
| Non-cash interest and operating expenses | NaN | -66 | NaN | NaN |
| Net amortization of premium (discount) on investments | NaN | 62 | NaN | NaN |
| Provision (benefit) for deferred income taxes | NaN | -5 | NaN | NaN |
| Net realized investment losses (gains) | NaN | -40 | NaN | NaN |
| Equity in (earnings) losses of investees | NaN | 102 | NaN | NaN |
| Fair value gains (losses) on committed capital securities | NaN | 20 | NaN | NaN |
| Fair value losses (gains) on trading securities | NaN | 13 | NaN | NaN |
| Gain on sale of asset management subsidiaries | NaN | 0 | NaN | NaN |
| Change in premiums receivable, net of premiums and commissions payable | NaN | 18 | NaN | NaN |
| Change in unearned premium reserve, net | NaN | -96 | NaN | NaN |
| Change in loss and loss adjustment expense reserve and salvage and subrogation recoverable, net | NaN | -10 | NaN | NaN |
| Change in current income taxes | NaN | 63 | NaN | NaN |
| Change in credit derivative assets and liabilities, net | NaN | 14 | NaN | NaN |
| Distributions from equity method investments | NaN | 56 | NaN | NaN |
| Other | NaN | 101 | NaN | NaN |
| Purchases of securities | NaN | 0 | NaN | NaN |
| Sales of securities | NaN | 0 | NaN | NaN |
| Maturities and paydowns of securities | NaN | 0 | NaN | NaN |
| Proceeds from (purchases of) money market funds | NaN | 0 | NaN | NaN |
| Other changes in consolidated investment vehicles | NaN | -68 | NaN | NaN |
| Net cash flows provided by (used in) operating activities | 190 | 39 | 55 | 165 |
| Available For Sale Securities Debt | 286 | 355 | 472 | 754 |
| Sales | 93 | 91 | 106 | 427 |
| Available For Sale Securities | 153 | 170 | 680 | 424 |
| Short Term Investments | 0 | 0 | 0 | 3 |
| Sales | NaN | 0 | NaN | NaN |
| Shortterm Investments | 2 | 0 | 0 | 0 |
| Net sales (purchases) of short-term investments with original maturities of less than three months | -141 | -429 | 394 | -291 |
| Sales of fixed-maturity securities, trading | 0 | 0 | 0 | 8 |
| Maturities and paydowns of fixed-maturity securities, trading | 2 | 14 | 9 | 5 |
| Paydowns of financial guaranty variable interest entities assets | 4 | 4 | 6 | 10 |
| Purchases of and contributions to other invested assets | 27 | 65 | 22 | 73 |
| Sales of and return of capital from other invested assets | 43 | 5 | 16 | 23 |
| Assured life reinsurance, ltd. acquisition, net of cash acquired (see note 2) | 145 | NaN | NaN | NaN |
| Net proceeds from sale of assets and liabilities held for sale | NaN | 49 | NaN | NaN |
| Issuance of a loan | 40 | NaN | NaN | NaN |
| Other | 0 | -21 | 2 | 7 |
| Net cash flows provided by (used in) investing activities | -60 | 363 | -73 | 351 |
| Dividends paid | 19 | 15 | 17 | 36 |
| Repurchases of common shares | 75 | 131 | 118 | 251 |
| Net paydowns of financial guaranty variable interest entities liabilities | 3 | 3 | 5 | 8 |
| Issuance of long-term debt, net of issuance costs | NaN | 0 | NaN | NaN |
| Redemptions and purchases of debt, including make-whole payment | NaN | 0 | NaN | NaN |
| Payments related to tax withholding for share-based compensation | 20 | 0 | 0 | 34 |
| Other | 0 | 0 | 0 | 2 |
| Repayment of warehouse financing debt | NaN | 0 | NaN | NaN |
| Distributions to noncontrolling interest from consolidated investment vehicles | 97 | 0 | 0 | 0 |
| Other | NaN | 0 | NaN | NaN |
| Net cash flows provided by (used in) financing activities | -214 | -149 | -140 | -327 |
| Effect of foreign exchange rate changes | -2 | 2 | -3 | 8 |
| Increase (decrease) in cash and cash equivalents and restricted cash | -86 | 255 | -161 | 197 |
| Cash and cash equivalents and restricted cash at beginning of period | 419 | 164 | 128 | NaN |
| Cash and cash equivalents and restricted cash at end of period | 333 | 419 | 164 | NaN |
ASSURED GUARANTY LTD (AGO)
ASSURED GUARANTY LTD (AGO)