Simon Leathes - Assured Guaranty Independent Director

AGO Stock  USD 92.09  1.19  1.28%   

Director

Mr. Simon W. Leathes is Independent Director of Assured Guaranty Ltd. From 2012 to 2017, Mr. Leathes was a nonexecutive director of HSBC Bank plc and was a member of its Risk Committee and its Audit Committee he was also a nonexecutive director and member of the Audit and Risk Committees of HSBC Trinkaus Burkhardt AG. In December 2011, he became an independent, nonexecutive director of our Companys U.K. insurance subsidiaries, Assured Guaranty plc and Assured Guaranty plc in January 2017 he was appointed to the same nonexecutive director role with Assured Guaranty plc after it was acquired by our Company. Since 1996, Mr. Leathes has served as a nonexecutive director of HSBEngineering Insurance Ltd., a U.K. subsidiary of Munich Re, where he was the chairman of the Audit and Finance committee since 2013.
Age 73
Tenure 11 years
Address 30 Woodbourne Avenue, Hamilton, Bermuda, HM 08
Phone441 279 5700
Webhttps://www.assuredguaranty.com
Leathes served as Vice Chairman and Managing Director of Barclays Capital, the investment banking subsidiary of Barclays plc, from January 2001 until his retirement in December 2006. In addition, he served from 2001 to 2010 as a nonexecutive director of Kier Group plc, a company listed on the London Stock Exchange, where he also served as chairman of the Audit Committee and a member of the Remuneration and Nominations committees. Until June 2014, Mr. Leathes served as the chairman of the trustees of the Kier Group Pension Scheme.

Assured Guaranty Management Efficiency

The company has Return on Asset of 0.0274 % which means that on every $100 spent on assets, it made $0.0274 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1352 %, implying that it generated $0.1352 on every 100 dollars invested. Assured Guaranty's management efficiency ratios could be used to measure how well Assured Guaranty manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.04. At this time, Assured Guaranty's Other Assets are very stable compared to the past year. As of the 2nd of December 2024, Net Tangible Assets is likely to grow to about 6.4 B, while Total Assets are likely to drop about 12.1 B.
Assured Guaranty has 1.69 B in debt with debt to equity (D/E) ratio of 0.33, which is OK given its current industry classification. Assured Guaranty has a current ratio of 0.79, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Assured to invest in growth at high rates of return.

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Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda. Assured Guaranty is traded on New York Stock Exchange in the United States. Assured Guaranty (AGO) is traded on New York Stock Exchange in USA. It is located in 30 Woodbourne Avenue, Hamilton, Bermuda, HM 08 and employs 350 people. Assured Guaranty is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Assured Guaranty Leadership Team

Elected by the shareholders, the Assured Guaranty's board of directors comprises two types of representatives: Assured Guaranty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Assured. The board's role is to monitor Assured Guaranty's management team and ensure that shareholders' interests are well served. Assured Guaranty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Assured Guaranty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Alan Kreczko, Independent Director
Andrew Feldstein, Chief Investment Officer, Head - Asset Management of Assured Guaranty
Holly Horn, Chief Surveillance Officer
Robert CPA, Chief Officer
Stephen Donnarumma, Chief Credit Officer
Dominic CPA, President Chairman
Russell Brewer, Chief Surveillance Officer
Ling Chow, General Counsel, Secretary
Benjamin Rosenblum, Chief Officer
Francisco Borges, Independent Chairman of the Board
Thomas Jones, Independent Director
Bonnie Howard, Independent Director
Dominic Frederico, CEO and President Director and Member of Executive Committee
Buzen A, Chief Investment Officer and Head of Asset Management
David Buzen, Senior Investments
Robert Bailenson, CFO, Chief Accounting Officer and Managing Director
Michelle Closkey, Independent Director
Simon Leathes, Independent Director
Yukiko Omura, Independent Director
Christopher Gibbons, CTO Technology
Patrick Kenny, Independent Director
Russell II, Advisor
Michael OKane, Independent Director
Howard Albert, Chief Risk Officer, Director
Lorin Radtke, Independent Director
Laura Bieling, Chief Accounting Officer, Controller
Jorge Gana, Deputy Chief Risk Officer
Robert Tucker, Senior Communications
Courtney Shea, Independent Director
Gon Chow, General Secretary
Daniel Bevill, Senior Director
G Buhl, Independent Director
Kirk Edmunds, Chief Officer
Dawn Jasiak, Head Management
Michelle McCloskey, Director

Assured Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Assured Guaranty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Assured Guaranty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Assured Guaranty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Assured Guaranty will appreciate offsetting losses from the drop in the long position's value.

Moving together with Assured Stock

  0.94AXS AXIS Capital HoldingsPairCorr
  0.91EIG Employers HoldingsPairCorr

Moving against Assured Stock

  0.73JRVR James River GroupPairCorr
  0.67ESNT Essent GroupPairCorr
  0.51NMIH NMI Holdings Normal TradingPairCorr
  0.35ACT Enact HoldingsPairCorr
The ability to find closely correlated positions to Assured Guaranty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Assured Guaranty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Assured Guaranty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Assured Guaranty to buy it.
The correlation of Assured Guaranty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Assured Guaranty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Assured Guaranty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Assured Guaranty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Assured Guaranty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Assured Guaranty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Assured Guaranty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Assured Guaranty Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assured Guaranty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Assured Stock, please use our How to Invest in Assured Guaranty guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Assured Guaranty. If investors know Assured will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Assured Guaranty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.219
Dividend Share
1.21
Earnings Share
12.75
Revenue Per Share
15.821
Quarterly Revenue Growth
0.01
The market value of Assured Guaranty is measured differently than its book value, which is the value of Assured that is recorded on the company's balance sheet. Investors also form their own opinion of Assured Guaranty's value that differs from its market value or its book value, called intrinsic value, which is Assured Guaranty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Assured Guaranty's market value can be influenced by many factors that don't directly affect Assured Guaranty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Assured Guaranty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assured Guaranty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assured Guaranty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.