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MBIA, Inc.
(redirected from MBIA)

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MBIA, Inc.
A private corporation that guarantees principal and interest payments on debt securities and some asset-backed securities. Founded in 1974 upon the merger of several casualty insurance companies, MBIA originally specialized in guaranteeing municipal bonds. It has since expanded to other investment vehicles such as corporate bonds and mortgage-backed securities. Clients are issuers who pay a fee to MBIA in exchange for the insurance. MBIA insurance typically guarantees the highest possible credit rating and lowers the overall cost of the issue.
MBIA, Inc.
A private corporation that provides financial guarantees and investment management products and services. MBIA was formed as a consortium of five casualty insurance companies in 1974 to guarantee principal and interest payments on municipal debt. It has since expanded its scope to guarantee structured asset-backed and mortgage-backed transactions, corporate bonds, and obligations of financial institutions. Borrowers pay MBIA a fee and, in return, issue debt that receives a higher rating and carries a lower interest rate.
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MBIA (NYSE:MBI) today announced that it has requested immediate withdrawal of the Insurer Financial Strength (IFS) ratings assigned by Fitch Ratings on the following MBIA companies and subsidiaries: -- MBIA Insurance Corporation -- MBIA Insurance Corp.
MBIA Requests Withdrawal of Fitch Insurer Financial Strength Ratings by Business Wire
MBIA (NYSE:MBI) today released a statement regarding the recent rating actions by Standard and Poors and Moody's Investors Service.
S&P and Moody's Reaffirm MBIA's Triple-A Ratings; MBIA CEO Comments ... by Business Wire
NEW YORK -- Fitch Ratings assigns an insurer financial strength (IFS) rating of 'AAA' and a national IFS rating of 'AAA(mex)' to MBIA Mexico, S.
Fitch Assigns IFS Ratings to MBIA Mexico, S.A. de C.V by Business Wire
 
 
 
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