v3.26.1
Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 40 $ 106 $ 125 $ 291
Change in net unrealized gains (losses) on:        
Investments with no credit impairment, net of tax provision (benefit) of $2, $11, $(14) and $17 8 85 (76) 137
Investments with credit impairment, net of tax provision (benefit) of $7, $(1), $(4) and $4 28 (1) (16) 20
Change in net unrealized gains (losses) on investments 36 84 (92) 157
Change in instrument-specific credit risk on financial guaranty variable interest entities’ liabilities with recourse, net of tax provision (benefit) 1 1 1 0
Change in discount rates on future policy benefits for annuity reinsurance contracts, net of tax provision (benefit) of $(2), $— $2 and $— (8) 0 9 0
Other, net of tax provision (benefit) 0 2 (1) 1
Other comprehensive income (loss) 29 87 (83) 158
Comprehensive income (loss) 69 193 42 449
Less: Comprehensive income (loss) attributable to noncontrolling interest 1 3 (2) 12
Comprehensive income (loss) attributable to Assured Guaranty Ltd. $ 68 $ 190 $ 44 $ 437