MBIA INC

MBIA Inc. is a financial guarantee insurance provider specializing in municipal bonds and structured finance. The company issues insurance guarantees on tax-exempt and taxable municipal debt issued by U.S. political subdivisions, utility districts, airports, healthcare institutions, educational facilities, and housing authorities. It also insures non-U.S. public finance obligations and global structured finance products, including asset-backed securities, sovereign and sub-sovereign bonds, and privately issued bonds for infrastructure projects such as toll roads, bridges, and public transportation facilities.

The company operates through three primary segments: U.S. Public Finance Insurance, which covers domestic municipal obligations; International and Structured Finance Insurance, which addresses non-U.S. public finance and global asset-backed products; and a corporate segment. The business model centers on issuing financial guarantees that protect bondholders against credit risk, with additional revenue generated through third-party reinsurance services.

MBIA operates with approximately 57 full-time employees and maintains its headquarters in Purchase, New York. The company was founded in 1973 and is incorporated in Connecticut. Its customer base spans public finance issuers and investors across the United States and international markets, with exposure to infrastructure, education, healthcare, and utility sectors.