Assured Guaranty Re Ltd. (AG Re) is a Bermuda insurance company specializing in financial guaranty reinsurance. It is the world's largest financial guaranty reinsurer and serves both affiliated and non-affiliated insurance companies.

Dominic J. Frederico Executive Officers

When an insurance company fails, a guaranty association is an entity which steps into the shoes of the failed insurer for the purpose of providing certain continued benefits and/or resolution of covered claims. However, not all types of insurance policies or claims are covered by guaranty associations.

Randy Larsen The AssuredPartners board of directors has appointed Randy Larsen as CEO and Paul Vredenburg as president and COO, succeeding current CEO and chairman Jim Henderson. The appointments are effective September 1, 2023, after which Henderson will remain active with the company and assume the role of executive chairman.

Assured Guaranty Ltd. is a publicly traded, Bermuda-based holding company. Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and non-U.S. public finance, infrastructure and structured finance markets.

The guarantee is a contract by which a natural or legal person guarantees or assures the fulfillment of obligations, assuming the payment a debt of another person if this does not.

A guaranty can be thought as a collateral to a primary or principal obligation from the guarantor to perform. In a finance or lending context, a guarantor would be forced to answer for the debt or default of the debtor to the creditor, if a debtor does not fulfill an obligation on their part to repay their debt.

Our teams are dedicated to delivering innovative insurance solutions to protect individuals, families, and businesses of all types and sizes.

Dominic Frederico Dominic Frederico has been a director of Assured Guaranty Ltd. since our 2004 initial public offering, and the President and Chief Executive Officer of Assured Guaranty Ltd. since December 2003.

It is an investment in the mental peace that you get out of the assurance that your family will be taken care of. Cost vs potential returns: Firstly, term policies are low-cost. The premiums are minimal while the sum assured is very high.

guarantee, in law, a contract to answer for the payment of some debt, or the performance of some duty, in the event of the failure of another person who is primarily liable. The agreement is expressly conditioned upon a breach by the principal debtor.

Traditionally, a distinction is made between:

• Real guarantees relating to assets having an intrinsic value.
• Personal guarantees involving a debt obligation for one or more people.
• Moral guarantees that do not provide the lender with any real legal security.