UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

Current Report

Pursuant To Section 13 or 15 (d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)—June 24, 2005

 

 

ASSURED GUARANTY LTD.

(Exact name of registrant as specified in its charter)

 

Bermuda

 

001-32141

 

98-0429991

(State or other jurisdiction of
incorporation or organization)

 

(Commission File Number)

 

(I.R.S. Employer Identification
No.)

 

 

 

 

 

Assured Guaranty Ltd.
30 Woodbourne Avenue
Hamilton HM 08 Bermuda

(Address of principal executive offices)

 

 

 

 

 

Registrant’s telephone number, including area code:  (441) 296-4004

 

 

 

 

 

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

Item 8.01 Other Events

 

On June 23, 2005, Assured Guaranty Ltd.’s wholly-owned subsidiaries, Assured Guaranty Corp. (“AGC”) and Assured Guaranty Re Ltd. (“AG Re”) completed a reinsurance transaction with Financial Security Assurance Inc. (“FSA”) which was previously disclosed on Form 8-K, dated April 12, 2005.

 

Because this transaction primarily consists of AG Re assuming financial guaranty risks previously ceded by FSA to AGC, Assured Guaranty Ltd. does not expect the transactions to have a material impact on its 2005 net income.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

ASSURED GUARANTY LTD.

 

 

 

By:

/s/ James M. Michener

 

 

 

James M. Michener

 

 

General Counsel and Secretary

 

 

 

Date: June 24, 2005

 

 

 

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