Assured Guaranty Ltd. yesterday reported a fourth-quarter 2008 net loss of $243.8 million, which compares to a $260.1 million net loss it took in the fourth quarter of 2007.

The company's pre-tax loss and loss-adjustment expenses - most of which were related directly or indirectly to residential mortgage-backed securities exposure - rose to $90.0 million in the fourth quarter, an increase of $72.4 million from a year earlier.

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