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New Bond Insurer Municipal Assurance Corp. Opens for Business

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HAMILTON, Bermuda--(BUSINESS WIRE)--Assured Guaranty Ltd. (Assured Guaranty) (NYSE:AGO) announced today the launch of Municipal Assurance Corp. (MAC), a new municipal bond insurance company that will insure only select categories of U.S. municipal bonds. The new company opens for business with $1.5 billion of claims-paying resources, financial strength ratings of AA+ (stable outlook) from Kroll Bond Rating Agency and AA- (stable outlook) from Standard & Poor’s Rating Services, and insurance

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