MBIA INSURANCE CORPORATION
A division of publicly traded Municipal Bond Insurance Association, Inc. that primarily issues financial guarantee worldwide. It used to back municipal bonds and structured finance products. This insurance company serves as an avenue to credit enhancement, as the corporation will take care of the interest and principal on any bond that is suffering from an issuer default.
Having an MBIA insurance on a municipal bond usually ensures an AAA rating or equivalent to major ratings agencies, thus making the bonds more marketable to investors.
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Financial Analysis
Financial analysis is the process of evaluating the viability, stability and profitability of a business.
Teacher Retirement System - TRS
Organization responsible for helping the teachers setting up or managing their retirement planning. Since each state creates their own teacher reti ...
Loss Ratio
The difference between the ratios of premiums given to an insurance company and the claims decided by the company. This is the overall paid losses ...
A
This is the stock symbol used by Nasdaq to denote that the stocks with these label are the company’s class “A” shares.
Saudi Arabia
SAMA Foreign Holdings (Saudi Arabia) is a Saudi Arabian sovereign wealth fund controlled by the Saudi Arabian Monetary Authority.
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