MBIA Inc. (MBI) NYSE

7.10

-0.01(-0.14%)

Updated at December 24 01:00PM

Currency In USD

MBIA Inc.

Address

1 Manhattanville Road

Purchase, NY 10577

United States of America

Phone

914 273 4545

Sector

Financial Services

Industry

Insurance - Specialty

Employees

57

First IPO Date

July 01, 1987

Key Executives

NameTitlePayYear Born
William Charles FallonChief Executive Officer & Director2.16M1960
Joseph Ralph SchachingerExecutive Vice President, Chief Financial Officer & Treasurer730,7101969
Daniel Michael AvitabileAssistant Vice President and MBIA Insurance's President & Chief Risk Officer788,9751974
Christopher Harris YoungAssistant VP & National's Chief Financial Officer796,4751973
Adam Thomas BergonziAssistant VP & National's Chief Risk Officer1.15M1963
Gregory R. DiamondMD and Head of Investor & Media Relations0N/A
William John RizzoCo-General Counsel & Secretary0N/A
Shengying YuAssistant VP, Controller & Principal Accounting Officer01969

Description

MBIA Inc. provides financial guarantee insurance services to public finance markets. It operates through 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 and territories, as well as utilities, airports, health care institutions, higher educational facilities, student loan issuers, 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, utilities, and privately issued bonds used for the financing of projects that include toll roads, bridges, airports, 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.