Jan. 24 (Bloomberg) -- Assured Guaranty Ltd. agreed to reassume a $12.9 billion portfolio of ceded risk tied to public finance and structured finance credits from Radian Group Inc.
Assured Guaranty will also acquire Municipal and Infrastructure Assurance Corp. from Radian, Bermuda-based Assured said today in a statement distributed by Business Wire.
--Editor: Dan Reichl
To contact the reporter on this story: Andrew Frye in New York at email@example.com.
To contact the editor responsible for this story: Dan Kraut at firstname.lastname@example.org