Welcome to our dedicated page for MBIA news (Ticker: MBI), a resource for investors and traders seeking the latest updates and insights on MBIA stock.
MBIA Inc., headquartered in Purchase, New York, is a prominent holding company that specializes in financial guarantee insurance and other specialized financial services. The company operates globally through its subsidiaries, offering insurance solutions that provide an unconditional guarantee to repay the principal and interest on various securities, such as municipal bonds and asset-backed securities, in case the issuer defaults.
MBIA Inc. has organized its operations into three key segments:
- United States Public Finance Insurance: This segment focuses on insuring bonds issued by U.S. municipalities. It operates through National Public Finance Guarantee Corporation, ensuring the financial stability and reliability of municipal bonds.
- Corporate: This segment deals with insuring bonds sold in primary and secondary markets, as well as those held in unit investment trusts and mutual funds. MBIA's corporate insurance solutions aim to support the financial markets by mitigating risks associated with bond investments.
- International & Structured Finance Insurance: Managed through MBIA Insurance Corporation and its subsidiary, this segment provides international and structured finance insurance. It enhances the credit quality and marketability of debt instruments issued outside the U.S. and for structured finance products.
MBIA's extensive portfolio and services make it a vital player in the financial insurance industry. The company has a solid reputation for its strong financial guarantees, which help maintain investor confidence and stability in the financial markets.
For more detailed information about MBIA Inc. and its services, please visit their official website at www.mbia.com.
Global Indemnity Group (NYSE:GBLI) announced significant leadership changes, appointing Joseph W. Brown as CEO, succeeding David S. Charlton and Reiner R. Mauer, who are no longer with the company. Brown, with nearly 50 years in the insurance industry, previously held key positions at MBIA, Safeco, and Fireman's Fund. The company also initiated a stock repurchase program of up to $32 million, set to commence in Q4 2022 and authorized until December 31, 2027. This strategic move aims to enhance shareholder value while the company transitions toward data-driven casualty insurance.
MBIA Inc. (NYSE:MBI) has released its second quarter 2022 financial results, available on its investor relations website. The results will also be submitted to the SEC in a Current Report on Form 8-K. A webcast and conference call for investors is scheduled for Thursday, August 4, at 8:00 a.m. (ET) to discuss the results and related issues.
MBIA is a holding company providing financial guarantee insurance for public and structured finance markets, based in Purchase, New York.
MBIA Inc. (NYSE:MBI) will host a conference call on August 4 at 8:00 a.m. ET to discuss its Q2 2022 financial results. Investors can dial 866-342-8588 in the U.S. or 203-518-9865 internationally, using conference code 34702. The financial results and 10-Q filing will be available after market close on August 3. A replay will be accessible post-call until August 11, and will also be available on MBIA's website.
National Public Finance Guarantee Corporation, a subsidiary of MBIA Inc. (NYSE:MBI), received a cash and securities distribution totaling $391 million related to the Puerto Rico Highways and Transportation Authority's Plan Support Agreement. This includes $33 million in cash and $358 million in Contingent Value Instruments. The distribution is seen as a significant step towards resolving insured bond losses. Further distributions are anticipated upon the Plan's confirmation and implementation.
MBIA Inc. (NYSE:MBI) has announced its first quarter 2022 financial results, which can be accessed on its website and will be filed with the Securities and Exchange Commission via Form 8-K. A conference call is scheduled for May 10, 2022, at 8:00 a.m. ET to discuss the results and other company matters. MBIA specializes in providing financial guarantee insurance for public and structured finance markets and is based in Purchase, New York.
MBIA Inc. (NYSE:MBI) will host a webcast and conference call on May 10, 2022, at 8:00 a.m. ET to discuss its first quarter financial results. The call will include an overview of results followed by a Q&A session. Investors can access the call by dialing (866) 831-8713 in the U.S. or (203) 518-9797 internationally, using the code MBIAQ122. A financial results report will be available after the market closes on May 9, with a replay accessible until May 17.
MBIA Inc. (NYSE:MBI) has released its financial results for the full year and fourth quarter of 2021. The data is accessible on their investor relations website and will be reported to the SEC via Form 8-K. A conference call is scheduled for March 1 at 8:00 a.m. ET to discuss the results in detail. The company provides financial guarantee insurance in public and structured finance markets, headquartered in Purchase, New York. More information can be found on their official website.
MBIA Inc. (NYSE:MBI) will host a conference call on March 1, 2022, at 8:00 a.m. ET to discuss its fourth quarter and full year 2021 financial results. The call can be accessed by dialing (877) 876-9174 in the U.S. and (785) 424-1669 internationally, using the code MBIAQ421. Financial results and 10-K filings will be available after the market closes on February 28, 2022. A replay of the call will be accessible until 11:59 p.m. on March 8.
Visit www.mbia.com for more details.
MBIA Inc. (NYSE:MBI) announced its third quarter 2021 financial results today. The results are available on the company’s investor relations website and will be filed with the SEC via Form 8-K. Investors can join a conference call on November 4 at 8:00 a.m. ET for further discussions regarding the financial results and related matters. MBIA, headquartered in Purchase, New York, offers financial guarantee insurance in public and structured finance markets. Visit their website for more information.
MBIA Inc. (NYSE:MBI) has elected Janice Innis-Thompson to its Board of Directors, effective October 27, 2021. She will serve on multiple committees, including Audit and Compensation. Innis-Thompson brings extensive legal and compliance experience from roles at Nationwide and Samsung Electronics America. Chairman Charles Rinehart expressed confidence that her expertise will enhance shareholder value. Innis-Thompson holds degrees from the University of Florida, emphasizing her strong educational background.
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