Bond Insurer MBIA said to experience huge data leak

Bond insurance (also known as "financial guaranty insurance") is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security. As compensation for its insurance, the insurer is paid a premium (as a lump sum or in installments) by the issuer or owner of the security to be insured.

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Berger, who has more than 20 years of experience in. He has also worked at MBIA Insurance Corp., where he managed the secondary market insurance desk. “The municipal bond market has substantially.

Bond Insurers Looking to Unwind $125 Billion in CDO Contracts. although bond insurers have repeatedly asserted that actual loss experience is far less severe than market pricing would suggest.

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U.S. States Probe Massive Data Breach at Health Insurer Anthem For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, Moody’s publishes a rating announcement on that series, category/class of debt or program as a whole, on the support provider or primary rated.

FHFA Inspector General counters: Here’s why nonbanks need prudent regulation Insurance regulation is centered on the states, with the federal government having a limited role. While the risks of loss and the regulation may be local, the business of insurance, as with many financial services, has an increasingly substantial international component as companies and investors look to grow and diversify.

A data leak from the Municipal Bond Insurance Association has exposed a large amount of customer information including account numbers, balances and account holder names, according to the blog.

After S&P Downgrade, MBIA to Stop Seeking New Business. Bond insurer MBIA (MBI) said Wednesday that it has decided not to attempt to insure more bonds after its credit rating was downgraded two.

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Sector Sub Sector Aggregate exposure provided in this disclosure reconciles to MBIA’s quarterly operating supplement reporting, but may not reconcile to public servicer and trustee reports due to timing of reports, exchange rate fluctuations, and reinsurance. Totals may not reconcile due to rounding.

When someone survives an attempt on their life, it should be a huge advantage for the police investigation. He had first added her to his life insurance policy, giving her the maximum cover..