S&P affirms Assured Guaranty

S&P said it affirmed its A long-term issuer credit rating on Assured Guaranty Ltd.

The outlook is stable.

The agency said the affirmation reflects a view of Assured's strong competitive position built on a proven track record of credit discipline and market leadership in terms of par insured and premiums written.

“Although much of the company's business has been in the U.S. public finance market, it has a diverse underwriting strategy that includes the global structured finance and international markets,” S&P said in a news release.

“Management's approach to writing business in these markets is well-thought-out and measured.

“We believe this strategy provides flexibility to capitalize on growth trends and pricing opportunities in one sector while others see less-favorable trends.”

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