Bloomberg News

Assured Guaranty Reassumes $12.9 Billion Portfolio From Radian

January 24, 2012

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 afrye@bloomberg.net.

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net


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