The president of Everspan
Financial Guarantee Corp. is Douglas Carrington Renfield - Miller, the treasurer is, and the secretary is.
Everspan
Financial Guarantee Corp. is a Casualty insurance company and has assets of $ 184,186,216, capital of $ 15,000,000, and net surplus of $ 141,974,930.
If you already have Everspan
Financial Guarantee Corp. insurance quotes then be sure that you compare your quoted Everspan
Financial Guarantee Corp. insurance plans with insurance quotes from many other top insurance companies so that you can find the very best insurance plan for your needs.
Not exact matches
Iceland's Depositors» and Investors»
Guarantee Fund (TIF) is privately funded by domestic banks, not public like America's Federal Deposit Insurance
Corp. (FDIC) or Britain's
Financial Services Agency (FSA).
Other NELNET companies include Nelnet, Inc., National Education Loan Network, Inc., Nelnet
Guarantee Services, Inc., Charter Account Systems, EDULINX Canada Corporation (sold May 2007 to Resolve), Firstmark Services LLC, Foresite Solutions Inc., 5280 Solutions Inc., infiNET Integrated Solutions, Inc., Nelnet Marketing Solutions, Inc., Shockley
Financial Corp., American Card Services, Inc., Premiere Credit of North America LLC, Class Credit, Inc., CUNet, CollegeandUniversity.net, InTuition, Inc., Student Marketing Group (SMG), National Honor Roll, LLC, CollEDGE Loans and LoanSTAR Funding Group, GuaranTec LLP, FACTS Management Company, EMT Corporation, Idaho
Financial Associates, Inc., Peterson's, MELMAC, Inc., National Higher Education Loan Program, Inc..
MBIA
Corp. issues
financial guarantees for municipal bonds, asset - backed and mortgage - backed securities, investor - owned utility bonds, bonds backed by publicly or privately funded public - purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans and pools of corporate and asset - backed bonds, and bonds backed by other revenue sources such as corporate franchise revenues, both in the new issue and secondary markets.
Obligations which are
guaranteed by MBIA
Corp., MBIA Mexico and MBIA UK are rated triple - A primarily based on these
financial strength ratings.
Additionally, MBIA
Corp. insures credit default swaps primarily on pools of collateral, which it considers part of its core
financial guarantee business.
Recently, several major
financial guarantee insurers have had their insurer
financial strength ratings downgraded and others, including MBIA
Corp., have had their insurer
financial strength ratings placed on review for a possible downgrade and / or have had their outlooks changed to «negative,» which may be contributing to a recent decline in the demand for
financial guarantee insurance generally.
MBIA
Corp. issues
financial guarantees for municipal bonds, asset - backed and mortgage - backed securities, investor - owned utility bonds, bonds backed by publicly or privately funded public purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans and pools of corporate and asset - backed bonds, both in the new issue and secondary markets.
Moody's, S&P, Fitch and RII perform periodic reviews of MBIA
Corp. and other companies providing
financial guarantee insurance.
The demand for
financial guarantee insurance depends upon many factors, some of which are beyond the control of MBIA
Corp..
Portions of MBIA
Corp.'s investment portfolio, as well as the investments held in relation to our asset management businesses, are insured by other monoline
financial guarantee insurance companies.
Additionally, MBIA
Corp. has insured credit default swaps primarily on pools of collateral, which it considered part of its core
financial guarantee business.
Thus,
financial institutions and banks issuing letters of credit compete directly with MBIA
Corp. to
guarantee short - term notes and bonds with a maturity of less than 10 years.
Additionally, in the face of the disruption in the credit markets and the recent announcements by Fitch, Moody's and S&P concerning
financial guarantee insurers generally and MBIA
Corp. in particular, the price of our common stock has experienced a significant decline and there has been a widening of spreads on our credit default swaps.
This assurance of liquidity effectively confers on such issues, for the short term, the credit standing of the
financial institution providing the facility, thereby competing with MBIA
Corp. and other
financial guarantee insurers in providing interest cost savings on such issues.
MBIA
Corp. offers
financial guarantee insurance and other forms of credit protection in the United States, Europe, Asia, Latin America and other regions outside the United States.
To the extent that banks providing credit enhancement may begin to issue letters of credit with commitments longer than 10 years, the competitive position of
financial guarantee insurers, such as MBIA
Corp., could be adversely affected.