Current Table

Top Seven Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2023

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $161,998 63.5%
2 Build America Mutual Assr Co. 59,871 23.5
3 Ambac Financial Group Inc. 16,801 6.6
4 MBIA Inc. 12,034 4.7
5 Syncora Guarantee Inc. 2,802 1.1
6 Financial Guaranty Insurance Co. 1,382 0.5
7 Radian Group Inc. 416 0.2

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, excluding territories.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
TOP TEN FINANCIAL GUARANTY INSURANCE GROUPS/COMPANIES BY DIRECT PREMIUMS WRITTEN, 2008 (1)
Rank Group/Company Direct premiums written Market share
1 Financial Security Assurance Holdings Group $787,593,581 24.0%
2 ACE Ltd. Group 584,542,064 17.8
3 Berkshire Hathaway Group 576,024,123 17.6
4 MBIA Group 524,004,734 16.0
5 Ambac Assurance Corp. Group 440,473,347 13.4
6 Syncora Guarantee Inc. 130,089,162 4.0
7 PMI Group 114,858,114 3.5
8 Radian Group 83,439,634 2.5
9 CIFG Assurance North America Inc. 54,151,967 1.6
10 First Nonprofit Mutual Insurance Co. 2,944,528 0.1

(1) Before reinsurance transactions, excluding state funds.    
   
Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.     

 
TOP TEN WRITERS OF FINANCIAL GUARANTY INSURANCE BY DIRECT PREMIUMS WRITTEN, 2009 (1)

($000)

Rank Group/company Direct premiums written Market share
1 MBIA Inc. $407,682 21.2%
2 Ambac Financial Group Inc. 325,119 16.9
3 Syncora Holdings Ltd. 87,334 4.5
4 Financial Guaranty Insurance Co. 86,253 4.5
5 Radian Group Inc. 46,526 2.4
6 Berkshire Hathaway Inc. 33,106 1.7
7 CIFG Holding Inc. 26,959 1.4
8 Triple-S Propiedad Inc. 6,281 0.3
9 ACA Financial Guaranty Corp. 864 (2)
10 Stonebridge Casualty Insurance Co. 750 (2)

(1) Before reinsurance transactions.
(2) Less than 0.1 percent.
   
Source: SNL Financial LC.

 
TOP TEN FINANCIAL GUARANTY INSURANCE GROUPS/COMPANIES BY DIRECT PREMIUMS WRITTEN, 2010 (1)

($000)

Rank Group/company Direct premiums written Market share
1 Assured Guaranty Ltd.  $636,860 44.0%
2 MBIA Inc.  352,363 24.4
3 Ambac Financial Group Inc.  243,002 16.8
4 Financial Guaranty Insurance Co. 71,567 4.9
5 Syncora Holdings Ltd.  69,600 4.8
6 Radian Group Inc.  49,350 3.4
7 CIFG Assurance North America Inc. 20,249 1.4
8 Stonebridge Casualty Insurance Co. 3,000 0.2
9 ACA Financial Guaranty Corp. 487 (2)
10 Century Insurance Co. (Guam) Ltd. 32 (2)

(1) Before reinsurance transactions.
(2) Less than 0.1 percent.
   
Source: SNL Financial LC.

 
TOP TEN WRITERS OF FINANCIAL GUARANTY INSURANCE BY DIRECT PREMIUMS WRITTEN, 2011 (1)

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $439,127 41.5%
2 MBIA Inc. 275,358 26.0
3 Ambac Financial Group Inc. 150,047 14.2
4 Syncora Holdings Ltd. 62,118 5.9
5 Financial Guaranty Insurance Co. 51,847 4.9
6 Radian Group Inc. 40,921 3.9
7 CIFG Assurance North America Inc. 35,219 3.3
8 Stonebridge Casualty Insurance Co. 3,000 0.3
9 ACA Financial Guaranty Corp. 309 (3)
10 AmTrust Financial Services 154 (3)

(1) Before reinsurance transactions, excluding state funds.
(2) Based on U.S. total including territories.
(3) Less than 0.1 percent.

Source: SNL Financial LC.

 
TOP TEN FINANCIAL GUARANTY INSURANCE GROUPS/COMPANIES BY DIRECT PREMIUMS WRITTEN, 2011

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd.  $439,127 41.5%
2 MBIA Inc.  275,358 26.0
3 Ambac Financial Group Inc.  150,047 14.2
4 Syncora Holdings Ltd.  62,118 5.9
5 Financial Guaranty Insurance Co. 51,847 4.9
6 Radian Group Inc.  40,921 3.9
7 CIFG Assurance North America Inc. 35,219 3.3
8 Stonebridge Casualty Insurance Co. 3,000 0.3
9 ACA Financial Guaranty Corp. 309 (3)
10 AmTrust Financial Services  154 (3)

(1) Before reinsurance transactions, includes some state funds.
(2) Based on U.S. total including territories.
(3) Less than 0.1 percent.

Source: SNL Financial LC.

 
TOP TEN FINANCIAL GUARANTY INSURANCE GROUPS/COMPANIES BY DIRECT PREMIUMS WRITTEN, 2011

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd.  $439,127 41.5%
2 MBIA Inc.  275,358 26.0
3 Ambac Financial Group Inc.  150,047 14.2
4 Syncora Holdings Ltd.  62,118 5.9
5 Financial Guaranty Insurance Co. 51,847 4.9
6 Radian Group Inc.  40,921 3.9
7 CIFG Assurance North America Inc. 35,219 3.3
8 Stonebridge Casualty Insurance Co. 3,000 0.3
9 ACA Financial Guaranty Corp. 309 (3)
10 AmTrust Financial Services  154 (3)

(1) Before reinsurance transactions, includes some state funds.
(2) Based on U.S. total including territories.
(3) Less than 0.1 percent.

Source: SNL Financial LC.

 
TOP TEN WRITERS OF FINANCIAL GUARANTY INSURANCE BY DIRECT PREMIUMS WRITTEN, 2012

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $339,025 41.8%
2 MBIA Inc. 205,480 25.3
3 Ambac Financial Group Inc. 112,723 13.9
4 Syncora Holdings Ltd. 47,445 5.9
5 Financial Guaranty Insurance Co. 46,713 5.8
6 CIFG Assurance North America Inc. 27,676 3.4
7 Radian Group Inc. 26,884 3.3
8 Stonebridge Casualty Insurance Co. 3,000 0.4
9 Berkshire Hathaway Inc. 1,854 0.2
10 AmTrust Financial Services 398 0.1

(1) Before reinsurance transactions.
(2) Based on U.S. total, includes territories.

Source: SNL Financial LC.

 
TOP 10 WRITERS OF FINANCIAL GUARANTY INSURANCE BY DIRECT PREMIUMS WRITTEN, 2013

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $305,915 45.3%
2 MBIA Inc. 143,989 21.3
3 Ambac Financial Group Inc. 95,536 14.2
4 Financial Guaranty Insurance Co. 37,969 5.6
5 Syncora Holdings Ltd. 33,873 5.0
6 Radian Group Inc. 18,086 2.7
7 CIFG Assurance North America Inc. 15,604 2.3
8 Build America Mutual Assurance Co. 13,560 2.0
9 Berkshire Hathaway Inc. 7,033 1.0
10 Stonebridge Casualty Insurance Co. 3,000 0.4

(1) Before reinsurance transactions.
(2) Based on U.S. total, includes territories.

Source: SNL Financial LC.

 
TOP 10 WRITERS OF FINANCIAL GUARANTY INSURANCE BY DIRECT PREMIUMS WRITTEN, 2014

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $269,619 50.7%
2 MBIA Inc. 116,031 21.8
3 Ambac Financial Group Inc. 69,613 13.1
4 Syncora Holdings Ltd. 27,579 5.2
5 Financial Guaranty Insurance Co. 17,330 3.3
6 Build America Mutual Assurance Co. 15,434 2.9
7 CIFG Assurance North America Inc. 10,073 1.9
8 Transamerica Casualty Insurance Co. 3,000 0.6
9 Berkshire Hathaway Inc. 2,034 0.4
10 Radian Group Inc. 915 0.2

(1) Before reinsurance transactions.
(2) Based on U.S. total, includes territories.

Source: SNL Financial LC.

 
Top 10 Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2015

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $236,927 43.7%
2 MBIA Inc. 102,715 18.9
3 Syncora Holdings Ltd. 78,390 14.5
4 Ambac Financial Group Inc. 58,457 10.8
5 Build America Mutual Assurance Co. 25,306 4.7
6 Berkshire Hathaway Inc. 12,573 2.3
7 Financial Guaranty Insurance Co. 12,406 2.3
8 CIFG Assurance North America Inc. 11,789 2.2
9 Transamerica Casualty Insurance Co. 3,000 0.6
10 Radian Group Inc. 844 0.2

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top 10 Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2016

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $263,011 57.4%
2 MBIA Inc. 72,250 15.8
3 Ambac Financial Group Inc. 49,896 10.9
4 Build America Mutual Assurance Co. 38,376 8.4
5 Syncora Holdings Ltd. 16,343 3.6
6 Financial Guaranty Insurance Co. 9,364 2.0
7 Transamerica Casualty Insurance Co. 3,000 0.7
8 Berkshire Hathaway Inc. 2,667 0.6
9 Sigma RRG Inc. 2,419 0.5
10 Radian Group Inc. 782 0.2

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top 10 Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2017

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $262,820 58.3%
2 Build America Mutual Assurance Co. 60,328 13.4
3 MBIA Inc. 54,918 12.2
4 Ambac Financial Group Inc. 39,922 8.9
5 Syncora Guarantee Inc. 13,172 2.9
6 Berkshire Hathaway Inc. 8,748 1.9
7 Financial Guaranty Insurance Co. 7,107 1.6
8 Transamerica Casualty Insurance Co. 3,000 0.7
9 Radian Group Inc. 729 0.2
10 ACA Financial Guaranty Corp. 11 (3)

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Less than 0.1 percent.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top Nine Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2018

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $250,934 60.1%
2 MBIA Inc. 68,592 16.4
3 Build America Mutual Assurance Co. 43,049 10.3
4 Ambac Financial Group Inc. 35,101 8.4
5 Syncora Guarantee Inc. 11,058 2.7
6 Financial Guaranty Insurance Co. 5,127 1.2
7 Transamerica Casualty Insurance Co. 3,000 0.7
8 Radian Group Inc. 679 0.2
9 ACA Financial Guaranty Corp. 3 (3)

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Less than 0.1 percent.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top 10 Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2019

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $263,568 71.2%
2 MBIA Inc. 32,392 8.8
3 Ambac Financial Group Inc. 27,983 7.6
4 Build America Mutual Assurance Co. 27,863 7.5
5 Syncora Guarantee Inc. 10,550 2.9
6 Financial Guaranty Insurance Co. 4,419 1.2
7 Transamerica Casualty Insurance Co. 3,000 0.8
8 Radian Group Inc. 534 0.1
9 W. R. Berkley Corp. 16 (3)
10 Enstar Group Ltd. 1 (3)

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Less than 0.1 percent.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top 10 Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2020

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $344,497 72.3%
2 Build America Mutual Assurance Co. 61,516 12.9
3 MBIA Inc. 31,694 6.7
4 Ambac Financial Group Inc. 24,998 5.3
5 Syncora Guarantee Inc. 6,398 1.3
6 Financial Guaranty Insurance Co. 3,949 0.8
7 Transamerica Casualty Insurance Co. 3,000 0.6
8 Radian Group Inc. 436 0.1
9 HDI 5 (3)
10 W. R. Berkley Corp. -1 (4) (3)

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Less than 0.1 percent.
(4) Represents canceled policies after W. R. Berkley Corp. assumed business from non-affiliates.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top 10 Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2021

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $292,719 69.5%
2 Build America Mutual Assr Co. 51,230 12.2
3 MBIA Inc. 44,407 10.5
4 Ambac Financial Group Inc. 22,919 5.4
5 Syncora Guarantee Inc. 6,393 1.5
6 Financial Guaranty Insurance Co. 2,792 0.7
7 Radian Group Inc. 425 0.1
8 HDI 39 (3)
9 W. R. Berkley Corp. 14 (3)
10 Chubb -4 (4) (3)

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.
(3) Less than 0.1 percent.
(4) Represents canceled policies after Chubb assumed business from non-affiliates.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 
Top Nine Writers Of Financial Guaranty Insurance By Direct Premiums Written, 2022

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 Assured Guaranty Ltd. $258,426 71.3%
2 Build America Mutual Assr Co. 64,246 17.7
3 Ambac Financial Group Inc. 18,959 5.2
4 MBIA Inc. 13,108 3.6
5 Syncora Guarantee Inc. 3,085 0.9
6 HDI 1,639 0.5
7 Financial Guaranty Insurance Co. 1,452 0.4
8 AmTrust Financial 1,344 0.4
9 Radian Group Inc. 419 0.1

(1) Before reinsurance transactions, includes state funds.
(2) Based on U.S. total, includes territories.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.