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  2. Bond insurance - Wikipedia

    en.wikipedia.org/wiki/Bond_insurance

    Bond insurance, also known as "financial guaranty insurance", is a type of insurance whereby an insurance company guarantees scheduled payments of interest and principal on a bond or other security in the event of a payment default by the issuer of the bond or security.

  3. Build America Mutual - Wikipedia

    en.wikipedia.org/wiki/Build_America_Mutual

    Build America Mutual Assurance Company (stylized as Build America Mutual or BAM) is a mutual, monoline bond insurer of essential public-purpose U.S. municipal bonds. Since its inception in July 2012, the company has insured more than $65 billion in par amount for more than 3,300 member-issuers.

  4. Berkshire Hathaway Assurance - Wikipedia

    en.wikipedia.org/wiki/Berkshire_Hathaway_Assurance

    On February 12, 2008, Warren Buffett announced a plan to add up to $5 billion in capital to BHA to enable it to provide reinsurance on municipal bonds currently guaranteed by Ambac, MBIA, and Financial Guaranty Insurance Company. [7] Buffet also announced BHA had closed its first deal to insure $50 million in debt for a 2% fee. [7]

  5. Savings interest rates today: Here's where to earn more than ...

    www.aol.com/finance/savings-interest-rates-today...

    Neobanks are fintech — or financial technology — companies that partner with more recognizable FDIC-insured banks to offer deposit accounts protected by the government for up to $250,000.

  6. Fixed vs. variable interest rates: How these rate types work ...

    www.aol.com/finance/fixed-vs-variable-interest...

    With a fixed-rate product, such as a personal loan or savings account, the interest rate you sign up for is the interest rate you’ll either pay or earn for the life of the product.

  7. Ambac - Wikipedia

    en.wikipedia.org/wiki/Ambac

    In early 2008, the spectre of the major bond guarantors failing to be able to pay off insurance claims on a trillion dollars of securities backed by sub-prime mortgages and other securitized debt led to attempts to shore them up with infusions of capital. [11] On June 19, 2008, Moody's downgraded Ambac's credit rating three notches to Aa3. [12]

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