Bond Insurance Company

Bond Insurance Company

A company that sells insurance on bonds. That is, a bond insurance company guarantees that the principal and coupon on a bond will be paid at the appropriate times. The bond insurance company does this in exchange for a premium. Insured bonds carry a higher credit rating.
References in periodicals archive ?
Deposits and Guarantees required: The performance guarantee within 5 working days from the award of the contract provider shall provide 5% of the contract value of a bank guarantee, surety bond insurance company or credit union guarantee.
Metzold plans to join a municipal bond insurance company following his retirement from Eaton Vance.
Recent new clients in China include Shanghai Pudong Development Bank, Shin Han Bank, Harbin Bank, China Bond Insurance Company, Chinese Mercantile Bank and Ning Bo Bank.
NLC has played a lead role in the effort to meet the insurance needs of municipal bond issuers since it convened a Blue Ribbon Commission on Municipal Credit Enhancement that issued a report in 2009 urging NLC to investigate the feasibility of creating a mutual bond insurance company.
Earlier she has served as a managing director at Financial Security Assurance (FSA), a bond insurance company, and has also worked with American Capital Access and Enhance Reinsurance/Asset Guaranty; in government at New York City's Office of Management and Budget, and at Moody's Investors Service.
a Wall Street bond insurance company the airline hired to repay the bonds in the event of bankruptcy.
Plus, we're also the first house builder in the region to team up with the Exchange Bond Insurance Company and offer a revolutionary new product which frees up the capital normally tied up in the period between exchange and completion.
Once a government has decided to consider bond insurance, the next step is to seek a bond insurance company.
NEW YORK -- BondFactor, a new municipal bond insurance company, confirmed today that industry expert Mark Adelson, former Chief Credit Officer of Standard & Poors, joined the company this week as Chief Strategy Officer.
Deposits and Guarantees required: Conclusion of the contract will require the supplier within 7 working days prior to the signing of the contract performance guarantee - surety bond insurance company, providing it with surety insurance certificate (policy) documents.
BAM is a mutual bond insurance company operated for the benefit of its members C the cities, states and other municipal entities that use BAM's financial guaranty to lower their cost of borrowing.
Enterprise Programs is continuing its work to obtain financing to support the creation of a new bond insurance company.