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Build America Mutual Assurance Company 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. In 2018, it insured $8.36 billion par across 653 new-issue insured transactions. BAM also publishes a credit profile for every transaction it insures and updates them. More than 6,000 are now available. The company is the preferred provider of financial guaranty insurance on debt for member municipalities of the National League of Cities. NLC endorsed BAM upon its launch.
References
- ↑ Executive Life Insurance Company, Insolvencies and Impairments, NOLHGA website
- ↑ Loomis, Carol J. (May 6, 1991). "What Fred Carr's Fall Means to You". Money . New York.
- ↑ "The French Connection - Forbes" . Retrieved 2015-01-05.
- ↑ Rossant, John (July 29, 2001). "The Sword over Lyonnais". BusinessWeek . New York.
- ↑ "Credit Lyonnais and Others to Plead Guilty and Pay $771 Million in Executive Life Affair" (Press release). Washington, D.C.: United States Department of Justice. December 18, 2003. Retrieved 2013-11-24.
- ↑ "Swiss Re Affiliate Acquires Policies Of Executive Life Successor". LifeHealthPro. Retrieved 2015-01-05.
- ↑ "Aurora National Life deal closed in August" . Retrieved 2015-01-05.
- ↑ "Reinsurance Group buying Aurora National Life : Business" . Retrieved 2015-01-05.
- ↑ Coffin, Bill; Festa, Elizabeth; Hersch, Warren S.; Stanley, Michael; Moynihan, Shawn (November 2012). "The Complete ELNY Saga". National Underwriter Life & Health. Centennial, Colorado: Summit Business Media . Retrieved November 24, 2013.
