For the year ending 2025-12-31, AGO had $291M increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 543 |
| Non-cash interest and operating expenses | -66 |
| Net amortization of premium (discount) on investments | 62 |
| Provision (benefit) for deferred income taxes | -5 |
| Net realized investment losses (gains) | -40 |
| Equity in (earnings) losses of investees | 102 |
| Fair value gains (losses) on committed capital securities | 20 |
| Fair value losses (gains) on trading securities | 13 |
| Gain on sale of asset management subsidiaries | 0 |
| Change in premiums receivable, net of premiums and commissions payable | 18 |
| Change in unearned premium reserve, net | -96 |
| Change in loss and loss adjustment expense reserve and salvage and subrogation recoverable, net | -10 |
| Change in current income taxes | 63 |
| Change in credit derivative assets and liabilities, net | 14 |
| Distributions from equity method investments | 56 |
| Other | 101 |
| Purchases of securities | 0 |
| Sales of securities | 0 |
| Maturities and paydowns of securities | 0 |
| Proceeds from (purchases of) money market funds | 0 |
| Other changes in consolidated investment vehicles | -68 |
| Net cash flows provided by (used in) operating activities | 259 |
| Purchases | 1,581 |
| Sales | 624 |
| Maturities and paydowns | 1,274 |
| Purchases | 3 |
| Sales | 0 |
| Maturities and paydowns | 0 |
| Net sales (purchases) of short-term investments with original maturities of less than three months | -326 |
| Sales of fixed-maturity securities, trading | 8 |
| Maturities and paydowns of fixed-maturity securities, trading | 28 |
| Purchases of and contributions to other invested assets | 160 |
| Sales of and return of capital from other invested assets | 44 |
| Paydowns on financial guaranty variable interest entities assets | 20 |
| Net proceeds from sale of assets and liabilities held for sale | 49 |
| Other | -12 |
| Net cash flows provided by (used in) investing activities | 641 |
| Dividends paid | 68 |
| Repurchases of common shares | 500 |
| Net paydowns of financial guaranty variable interest entities liabilities | 16 |
| Issuance of long-term debt, net of issuance costs | 0 |
| Redemptions and purchases of debt, including make-whole payment | 0 |
| Payments related to tax withholding for share-based compensation | 34 |
| Other | 2 |
| Repayment of warehouse financing debt | 0 |
| Distributions to noncontrolling interest from consolidated investment vehicles | 0 |
| Other | 0 |
| Net cash flows provided by (used in) financing activities | -616 |
| Effect of foreign exchange rate changes | 7 |
| Increase (decrease) in cash and cash equivalents and restricted cash | 291 |
| Cash and cash equivalents and restricted cash at beginning of period | 128 |
| Cash and cash equivalents and restricted cash at end of period | 419 |
ASSURED GUARANTY LTD (AGO)
ASSURED GUARANTY LTD (AGO)