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MBIA Inc. (MBI)

NYSE - NYSE Delayed price. Currency in USD
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5.01-0.16 (-3.09%)
At close: 04:00PM EDT
5.08 +0.07 (+1.40%)
After hours: 07:45PM EDT

MBIA Inc.

1 Manhattanville Road
Suite 301
Purchase, NY 10577
United States
914 273 4545
https://www.mbia.com

Sector(s)Financial Services
IndustryInsurance - Specialty
Full-time employees61

Key executives

NameTitlePayExercisedYear born
Ms. Shengying YuController & Principal Accounting OfficerN/AN/A1969
Mr. William John RizzoCo-General CounselN/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, and privately issued bonds used for the financing for utilities, toll roads, bridges, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

Corporate governance

MBIA Inc.’s ISS governance QualityScore as of 1 July 2024 is 6. The pillar scores are Audit: 8; Board: 4; Shareholder rights: 3; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.