MBIA will make sure that bonds get paid, no matter what. Through subsidiaries MBIA Insurance and Capital Markets Assurance, MBIA is a leading provider of insurance for municipal bonds and stable corporate bonds (such as utility bonds). Its insurance can be bought either at the time of issue or on the secondary market. MBIA also manages assets (including cash raised by bond issues) for public-sector clients, guarantees bank deposits for government entities, and insures insurance companies' guaranteed investment contracts. Other lines of business include tax compliance services and buying and servicing municipal real estate tax liens.
Sector: Financial
Industry: Insurance