About FGIC

For two decades, FGIC has enjoyed a reputation for superior client service. FGIC provides credit enhancement on infrastructure finance and structured finance securities worldwide, enabling bond issuers to obtain capital cost effectively and enhancing their access to the capital markets.

Financial Guaranty Insurance Company (FGIC) is rated "BBB" by Fitch Ratings, "BB" by Standard & Poor's (S&P), and "B1" by Moody's Investors Service. FGIC remains on rating outlook negative from Fitch, Credit Watch with negative implication from S&P and outlook negative by Moody's.

FGIC - A History of Innovation

2007

      

FGIC opens office in Sydney, Australia, to support Australasian markets

2006

      

FGIC insures first guaranteed RMBS transaction in Mexico

2005

      

FGIC establishes credit default swap execution capability

2004

      

FGIC implements new business strategy focusing on growth, broadens presence in public finance markets, expands into additional sectors in structured finance and establishes international finance business based in London

2003

      

FGIC becomes independent after being sold to a diversified group of high quality investors

1994

      

FGIC insures first true cross border Japanese securitization

1993

      

FGIC licensed to write financial guaranties in France and opened Paris office

1992

      

FGIC is first US financial guarantor to obtain license to write financial guaranty insurance in the United Kingdom

1991

      

FGIC develops FGIC Securities Purchase Inc. to provide liquidity facility for issuers of variable rate debt

1990

      

FGIC first to insure Asset-Backed Commercial Paper conduit and opened representative office in London

1989

      

General Electric acquires FGIC & FGIC pioneers insurance of home equity loans

1986

      

FGIC launches first Initial Public Offering of a financial guaranty company

1985

      

FGIC is first to insure variable rate municipal bonds

1984

      

FGIC begins operations writing municipal bond insurance

1983

      

FGIC established